Comparison between Bhagwati Banquets IPO and MIC Electronics IPO.
Bhagwati Banquets 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 Bhagwati Banquets IPO is up to ₹73.82 Cr whereas the issue size of the MIC Electronics IPO is up to ₹76.50 Cr. The final issue price of Bhagwati Banquets IPO is ₹40.00 per share and of MIC Electronics IPO is ₹150.00 per share.
| Bhagwati Banquets IPO | MIC Electronics IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹36.00 per share | ₹129.00 per share |
| Issue Price (Upper) | ₹40.00 per share | ₹150.00 per share |
| Issue Price (Final) | ₹40.00 per share | ₹150.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 175 shares | 45 shares |
| Fresh Issue Size | 1,84,55,400 shares | 51,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹73.82 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 | 1,84,55,400 shares | 51,00,000 shares |
| Issue Size Total (Amount) | up to ₹73.82 Cr | up to ₹76.50 Cr |
Bhagwati Banquets IPO opens on Apr 18, 2007, while MIC Electronics IPO opens on Apr 30, 2007. The closing date of Bhagwati Banquets IPO and MIC Electronics IPO is Apr 25, 2007, and May 08, 2007, respectively.
| Bhagwati Banquets IPO | MIC Electronics IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Apr 18, 2007 | Apr 30, 2007 |
| Issue Close | Apr 25, 2007 | May 08, 2007 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | May 17, 2007 | May 30, 2007 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Bhagwati Banquets IPO P/E ratio is , as compared to MIC Electronics IPO P/E ratio of .
| Bhagwati Banquets IPO | MIC Electronics IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 93.51 | 49.79 | ||||
| Promoter Shareholding (Post-Issue) | 35.59 | 37.17 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹117.15 Cr. | ₹301.91 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 8.12 | 31.57 |
In the Bhagwati Banquets IPO Retail Individual Investors (RII) are offered 64,59,390 shares while in MIC Electronics IPO retail investors are offered 64,59,390 shares. Qualified Institutional Buyers (QIB) are offered 92,27,700 shares in Bhagwati Banquets IPO and 25,50,000 shares in MIC Electronics IPO.
| Bhagwati Banquets IPO | MIC Electronics IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 92,27,700 shares | 25,50,000 shares |
| NII | 27,68,310 shares | 7,65,000 shares |
| RII | 64,59,390 shares | 17,85,000 shares |
| Employee | ||
| Others | ||
| Total | 1,84,55,400 shares | 51,00,000 shares |
Bhagwati Banquets IPO subscribed 1.83x in total, whereas MIC Electronics IPO subscribed 50.59x.
| Bhagwati Banquets IPO | MIC Electronics IPO | |
|---|---|---|
| QIB (times) | 0.42x | 47.49x |
| NII (times) | 3.55x | 106.34x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 3.09x | 31.11x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.83x | 50.59x |