Misquita Engineering description – Misquita Engineering is engaged in the manufacturing of the front-loading washers. The company is a major component supplier and job worker to a manufacturer of washing machines in the Indian market for Front Loading washers. The company is an ISO 9001:2008 certified company for the last seven years. The company has now upgraded its systems to be ISO 9001:2015 compliant.
Misquita Engineering is now planning to expand its production and building capacities for the same. The company has qualified as a Strategic Supplier for supply of Machined parts to “Commscope USA.” With 3 CNC Turning Centres presently in use, the company is able to consistently maintain the close Tolerances of up to 10 microns (0.010mm) in its components supplied. The company is actively looking at newer technologies in this respect to increase automation and better process control levels.
Misquita Engineering promoters – Mr Thomas Constance Avinash Misquita And Ms Gail Lucia Misquita
| Misquita Engineering – Upcoming IPO details | |
| Subscription Dates | 23 – 25 September 2019 |
| IPO Price band | INR27 per share |
| Fresh issue | 444,000 shares (INR1.20 crore) |
| Offer for sale | 272,000 shares (INR0.73 crore) |
| Total IPO size | 716,000 shares (INR1.93 crore) |
| Minimum bid (lot size) | 4,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME platform |
Misquita Engineering IPO: Use of funds
- Repayment of Loans – INR0.25 crore
- Working Capital Requirements – INR0.50 crore
- Issue expenses – INR0.45 crore
| Misquita Engineering’s financial performance (in INR lakh) | ||||||
| FY2017 | FY2018 | FY2019 | ||||
| Total revenue | 577.3 | 677.4 | 760.7 | |||
| Total expenses | 556.3 | 645.8 | 712.8 | |||
| Profit after tax | 14.9 | 28.4 | 39.1 | |||
Misquita Engineering Contact Details
Misquita Engineering Limited182/1, Vaiginim Vaddo, Nachinol
Aldona, North Goa
Goa-403508 Phone: +91 83088 48233
Email: [email protected]
Website: www.misquitaengg.com
Misquita Engineering IPO Subscription Details
| Day | Subscription (no. of times) |
| Day 1 | 0.08 |
| Day 2 | 0.70 |
| Day 3 | 1.53 |
Misquita Engineering Valuation (as of 31 March 2019)
Earnings Per Share (EPS): INR1.74
Price/Earnings (P/E) ratio: 15.54
Return on Net Worth (RONW): 10.12%
Net Asset Value (NAV): INR17.16 per share
Registrar of Misquita Engineering IPO
Bigshare Services Private LimitedE2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072 Phone: +91 22 4043 0200
Fax: +91 22 2847 5201
Email: [email protected]
Website: www.bigshareonline.com
Misquita Engineering IPO Allotment Status
Misquita Engineering IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Listing performance of Misquita Engineering
IPO Opening Date: 23 September 2019
IPO Closing Date: 25 September 2019
Listing Date: 4 October 2019
Listing Price on BSE SME: INR27.85 per share (up 3.14% from IPO price)
Closing Price on BSE SME: To be updated
