IPO Details
Misquita Engineering Ltd.
182/1, Vaiginim Vaddo, Nachinol, Aldona, North Goa,Goa, Goa - 403508
Phone: 8308848233

Public Issue of 716000 Equity Shares of Rs. 10.00 each for Cash at a Premium of Rs. 17.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
23/09/201925/09/201927.00 -
Lead Managers Registrar Listed at
GRETEX CORPORATE SERVICES PVT. LTD.
Bigshare Services Pvt. Ltd.
1st Floor, Bharat Tin Works Building,
opp. Vasant Oasis,, Makwana Road, Marol,
Mumbai, Maharashtra - 400059
Phone: 62638200 Fax: 26238299
BSE
Object of the issue

The Issue includes a fresh Issue of 4,44,000 Equity Shares and an Offer for Sale of 2,72,000 Equity Shares by the Selling Shareholder of the Company at an Issue Price of Rs. 27/- per Equity Share.

OFFER FOR SALE

The Selling Shareholder will be entitled to the proceeds of the Offer for Sale of his respective portion of the Offered Shares, respectively net of his proportion of Issue related expenses. The fees and expenses relating to Issue shall be shared in proportion mutually agreed between the Company and the respective Selling Shareholder in accordance with applicable law. the Company will not receive any proceeds from the Offer for Sale.

Project Cost
(₹ in Crs.)
ISSUE EXPENSES0.45
Repayment of Debt0.25
WORKING CAPITAL REQUIREMENTS0.50
TOTAL COST1.20
Means of Finance
(₹ in Crs.)
PUBLIC ISSUES1.20
TOTAL COST1.20
Promoted by

The Promoters of the Company are :

1. Mr. Thomas Constance Avinash Misquita
2. Ms. Gail Lucia Misquita

1. Mr. Thomas Constance Avinash Misquita : Mr. Thomas Constance Avinash Misquita, aged 55 Years, is the Promoter and Managing Director of the Company. He has been director of the company since incorporation and has been
designated as Managing Director w.e.f. August 29, 2017. He has also been designated as Chairman of the company w.e.f July 17, 2019. He has completed his Bachelor of Engineering (Mechanical) from University of Bombay in 1988. He has experience of more than 15 years in this industry. He is spearheading the company successfully with his marketing skills, immense hard work and dedication. His dynamic leadership and passion for business has accelerated the growth of the company.

PAN : ABAPT5972H
Passport No. : R1514282
Driving License : GA03 20090146118

2. Ms. Gail Lucia Misquita : Ms. Gail Lucia Misquita, aged 51 Years, was appointed as Director of the Company since incorporation. She is now designated as Whole Time Director and Chief Financial Officer w.e.f August 29, 2017. She has completed her Diploma in Instrumentation from Board of Technical Examinations, Maharashtra State in the year 1988. Currently, she looks after the Finance and Administration division of the Company.

PAN : ACRPM3184G
Passport No. : R1514285
Driving License : GA03 20090046391