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.
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 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) | Apr 10, 2018 | Mar 26, 2018 |
| Listing date (Tentative) | Apr 11, 2018 | Apr 02, 2018 |
| Anchor Lockin End date 1 | May 03, 2018 | |
Financials & KPIs
AVG Logistics IPO P/E ratio is , as compared to Mittal Life Style IPO P/E ratio of .
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 IPO | Mittal Life Style IPO |
|---|
| Anchor Investor Reservation | 8,79,600 shares | 0 shares |
| Market Maker Reservation | 1,54,800 shares | 1,20,000 shares |
| QIB | 5,88,000 shares | 0 shares |
| NII | 4,40,400 shares | 9,90,000 shares |
| RII | 10,27,200 shares | 9,90,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 29,35,200 shares | 19,80,000 shares |
Bids Received (Subscription)
AVG Logistics IPO subscribed 1.92x in total, whereas Mittal Life Style IPO subscribed 1.47x.