Comparison between India Finsec IPO and Money Masters Leasing IPO.
India Finsec IPO is a SME Fixed Price IPO proposed to list at BSE SME while Money Masters Leasing IPO is a SME Fixed Price proposed to list at BSE SME.
| India Finsec IPO | Money Masters Leasing IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | Sobhagya Capital Options Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Universal Capital Securities Pvt.Ltd. |
| Market Maker | MSB E-Trade Securities Ltd. | BCB Brokerage Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of India Finsec IPO is up to ₹5.00 Cr whereas the issue size of the Money Masters Leasing IPO is up to ₹1.88 Cr. The final issue price of India Finsec IPO is ₹10.00 per share and of Money Masters Leasing IPO is ₹15.00 per share.
| India Finsec IPO | Money Masters Leasing IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹10.00 per share | ₹15.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 10000 shares | |
| Fresh Issue Size | 50,00,000 shares | 12,56,000 shares |
| Fresh Issue Size (Amount) | up to ₹5.00 Cr | up to ₹1.88 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 50,00,000 shares | 12,56,000 shares |
| Issue Size Total (Amount) | up to ₹5.00 Cr | up to ₹1.88 Cr |
India Finsec IPO opens on May 24, 2013, while Money Masters Leasing IPO opens on Jul 23, 2013. The closing date of India Finsec IPO and Money Masters Leasing IPO is May 28, 2013, and Jul 26, 2013, respectively.
| India Finsec IPO | Money Masters Leasing IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | May 24, 2013 | Jul 23, 2013 |
| Issue Close | May 28, 2013 | Jul 26, 2013 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Jun 11, 2013 | Aug 12, 2013 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
India Finsec IPO P/E ratio is , as compared to Money Masters Leasing IPO P/E ratio of .
| India Finsec IPO | Money Masters Leasing IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 46.88 | 56.71 | ||||
| Promoter Shareholding (Post-Issue) | 35.76 | 39.85 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹19.44 Cr. | ₹6.74 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 0.25 | 0.1 |
In the India Finsec IPO Retail Individual Investors (RII) are offered 25,00,000 shares while in Money Masters Leasing IPO retail investors are offered 25,00,000 shares. Qualified Institutional Buyers (QIB) are offered in India Finsec IPO and in Money Masters Leasing IPO.
| India Finsec IPO | Money Masters Leasing IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 3,50,000 shares | 80,000 shares |
| QIB | ||
| NII | 25,00,000 shares | 6,28,000 shares |
| RII | 25,00,000 shares | 6,28,000 shares |
| Employee | ||
| Others | ||
| Total | 50,00,000 shares | 12,56,000 shares |
India Finsec IPO subscribed 1.40x in total, whereas Money Masters Leasing IPO subscribed 1.53x.
| India Finsec IPO | Money Masters Leasing IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 0.65x | 1.50x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.15x | 1.55x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.40x | 1.53x |
