Comparison between Advanta India IPO and MIC Electronics IPO.
Advanta India IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while MIC Electronics IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Advanta India IPO is up to ₹216.32 Cr whereas the issue size of the MIC Electronics IPO is up to ₹76.50 Cr. The final issue price of Advanta India IPO is ₹640.00 per share and of MIC Electronics IPO is ₹150.00 per share.
| Advanta India IPO | MIC Electronics IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹600.00 per share | ₹129.00 per share |
| Issue Price (Upper) | ₹650.00 per share | ₹150.00 per share |
| Issue Price (Final) | ₹640.00 per share | ₹150.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 10 shares | 45 shares |
| Fresh Issue Size | 33,80,000 shares | 51,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹216.32 Cr | up to ₹76.50 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 | 33,80,000 shares | 51,00,000 shares |
| Issue Size Total (Amount) | up to ₹216.32 Cr | up to ₹76.50 Cr |
Advanta India IPO opens on Mar 26, 2007, while MIC Electronics IPO opens on Apr 30, 2007. The closing date of Advanta India IPO and MIC Electronics IPO is Mar 30, 2007, and May 08, 2007, respectively.
| Advanta India IPO | MIC Electronics IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 26, 2007 | Apr 30, 2007 |
| Issue Close | Mar 30, 2007 | May 08, 2007 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Apr 19, 2007 | May 30, 2007 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Advanta India IPO P/E ratio is , as compared to MIC Electronics IPO P/E ratio of .
| Advanta India IPO | MIC Electronics IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 82.52 | 49.79 | ||||
| Promoter Shareholding (Post-Issue) | 65.96 | 37.17 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹1077.41 Cr. | ₹301.91 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 17.78 | 31.57 |
In the Advanta India IPO Retail Individual Investors (RII) are offered 10,14,000 shares while in MIC Electronics IPO retail investors are offered 10,14,000 shares. Qualified Institutional Buyers (QIB) are offered 20,28,000 shares in Advanta India IPO and 25,50,000 shares in MIC Electronics IPO.
| Advanta India IPO | MIC Electronics IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 20,28,000 shares | 25,50,000 shares |
| NII | 3,38,000 shares | 7,65,000 shares |
| RII | 10,14,000 shares | 17,85,000 shares |
| Employee | ||
| Others | ||
| Total | 33,80,000 shares | 51,00,000 shares |
Advanta India IPO subscribed 3.98x in total, whereas MIC Electronics IPO subscribed 50.59x.
| Advanta India IPO | MIC Electronics IPO | |
|---|---|---|
| QIB (times) | 6.47x | 47.49x |
| NII (times) | 0.20x | 106.34x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.26x | 31.11x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 3.98x | 50.59x |
