AVG Logistics IPO vs Mittal Life Style IPO

Comparison between AVG Logistics IPO and Mittal Life Style IPO.

IPO Details

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.

Issue Size and Price

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 IPOMittal 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
Market Lot Size1200 shares6000 shares
Fresh Issue Size29,35,200 shares19,80,000 shares
Fresh Issue Size (Amount)up to ₹31.41 Crup to ₹4.16 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total29,35,200 shares19,80,000 shares
Issue Size Total (Amount)up to ₹31.41 Crup to ₹4.16 Cr

IPO Timetable

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 IPOMittal Life Style IPO
Anchor Bid DateMar 27, 2018
Issue OpenMar 28, 2018Mar 19, 2018
Issue CloseApr 03, 2018Mar 21, 2018
Basis Of Allotment (Tentative)Apr 10, 2018Mar 26, 2018
Listing date (Tentative)Apr 11, 2018Apr 02, 2018
Anchor Lockin End date 1May 03, 2018

Financials & KPIs

AVG Logistics IPO P/E ratio is , as compared to Mittal Life Style IPO P/E ratio of .

 AVG Logistics IPOMittal Life Style IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets90.4183.5369.9760.96
Total Income103.59194.86192.29183.32
Profit After Tax3.464.433.803.19
EBITDA10.5516.6716.0013.21
NET Worth25.6221.8217.3712.35
Reserves and Surplus21.3817.5813.139.33
Total Borrowing42.7543.0135.9330.76
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets15.5516.9412.719.19
Total Income43.8078.5759.0446.35
Profit After Tax0.300.340.010.01
NET Worth5.515.264.923.96
Reserves and Surplus0.560.31-0.03-0.04
Total Borrowing5.327.225.392.09
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.96%100.00%
Promoter Shareholding (Post-Issue)69.96%70.21%
Market Cap₹110.19 Cr.₹14.81 Cr.

Shares Offered

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 0 shares in Mittal Life Style IPO.

 AVG Logistics IPOMittal Life Style IPO
Anchor Investor Reservation8,79,600 shares0 shares
Market Maker Reservation1,54,800 shares1,20,000 shares
QIB5,88,000 shares0 shares
NII4,40,400 shares9,90,000 shares
RII10,27,200 shares9,90,000 shares
Employee0 shares0 shares
Total29,35,200 shares19,80,000 shares

Bids Received (Subscription)

AVG Logistics IPO subscribed 1.92x in total, whereas Mittal Life Style IPO subscribed 1.47x.

 AVG Logistics IPOMittal Life Style IPO
QIB (times)1.22x
NII (times)7.59x2.37x
RII (times)1.54x0.58x
Total (times)1.92x1.47x

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