Comparison between AVG Logistics IPO and Mittal Life Style IPO.
AVG Logistics IPO is a SME Fixed Price IPO proposed to list at NSE SME while Mittal Life Style IPO is a SME Fixed Price proposed to list at NSE SME.
| AVG Logistics IPO | Mittal Life Style IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Systematix Corporate Services Ltd. | Sarthi Capital Advisors Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Systematix Shares & Stocks (India) Ltd. | Choice Equity Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of AVG Logistics IPO is up to ₹31.41 Cr whereas the issue size of the Mittal Life Style IPO is up to ₹4.16 Cr. The final issue price of AVG Logistics IPO is ₹107.00 per share and of Mittal Life Style IPO is ₹21.00 per share.
| AVG Logistics IPO | Mittal Life Style IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹105.00 per share | |
| Issue Price (Upper) | ₹107.00 per share | |
| Issue Price (Final) | ₹107.00 per share | ₹21.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 6000 shares |
| Fresh Issue Size | 29,35,200 shares | 19,80,000 shares |
| Fresh Issue Size (Amount) | up to ₹31.41 Cr | up to ₹4.16 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 | 29,35,200 shares | 19,80,000 shares |
| Issue Size Total (Amount) | up to ₹31.41 Cr | up to ₹4.16 Cr |
AVG Logistics IPO opens on Mar 28, 2018, while Mittal Life Style IPO opens on Mar 19, 2018. The closing date of AVG Logistics IPO and Mittal Life Style IPO is Apr 03, 2018, and Mar 21, 2018, respectively.
| AVG Logistics IPO | Mittal Life Style IPO | |
|---|---|---|
| Anchor Bid Date | Mar 27, 2018 | |
| Issue Open | Mar 28, 2018 | Mar 19, 2018 |
| Issue Close | Apr 03, 2018 | Mar 21, 2018 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Apr 11, 2018 | Apr 02, 2018 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
AVG Logistics IPO P/E ratio is , as compared to Mittal Life Style IPO P/E ratio of .
| AVG Logistics IPO | Mittal Life Style IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹110.19 Cr. | ₹14.81 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the AVG Logistics IPO Retail Individual Investors (RII) are offered 10,27,200 shares while in Mittal Life Style IPO retail investors are offered 10,27,200 shares. Qualified Institutional Buyers (QIB) are offered 5,88,000 shares in AVG Logistics IPO and in Mittal Life Style IPO.
| AVG Logistics IPO | Mittal Life Style IPO | |
|---|---|---|
| Anchor Investor Reservation | 8,79,600 shares | |
| Market Maker Reservation | 1,54,800 shares | 1,20,000 shares |
| QIB | 5,88,000 shares | |
| NII | 4,40,400 shares | 9,90,000 shares |
| RII | 10,27,200 shares | 9,90,000 shares |
| Employee | ||
| Others | ||
| Total | 29,35,200 shares | 19,80,000 shares |
AVG Logistics IPO subscribed 1.92x in total, whereas Mittal Life Style IPO subscribed 1.47x.
| AVG Logistics IPO | Mittal Life Style IPO | |
|---|---|---|
| QIB (times) | 1.22x | |
| NII (times) | 7.59x | 2.37x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.54x | 0.58x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.92x | 1.47x |
