Comparison between Binani Cement IPO and MIC Electronics IPO.
Binani Cement 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.
| Binani Cement IPO | MIC Electronics IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | Mainboard | Mainboard |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE, NSE | BSE, NSE |
| Lead Managers | ICICI Securities Ltd. | Edelweiss Financial Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | ||
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Binani Cement IPO is up to ₹153.75 Cr whereas the issue size of the MIC Electronics IPO is up to ₹76.50 Cr. The final issue price of Binani Cement IPO is ₹75.00 per share and of MIC Electronics IPO is ₹150.00 per share.
| Binani Cement IPO | MIC Electronics IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹75.00 per share | ₹129.00 per share |
| Issue Price (Upper) | ₹85.00 per share | ₹150.00 per share |
| Issue Price (Final) | ₹75.00 per share | ₹150.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 80 shares | 45 shares |
| Fresh Issue Size | 0 shares | 51,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹76.50 Cr |
| OFS Issue Size | 2,05,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹153.75 Cr | up to ₹0.00 Cr |
| Issue Size Total | 2,05,00,000 shares | 51,00,000 shares |
| Issue Size Total (Amount) | up to ₹153.75 Cr | up to ₹76.50 Cr |
Binani Cement IPO opens on May 07, 2007, while MIC Electronics IPO opens on Apr 30, 2007. The closing date of Binani Cement IPO and MIC Electronics IPO is May 10, 2007, and May 08, 2007, respectively.
| Binani Cement IPO | MIC Electronics IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | May 07, 2007 | Apr 30, 2007 |
| Issue Close | May 10, 2007 | May 08, 2007 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | May 28, 2007 | May 30, 2007 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Binani Cement IPO P/E ratio is , as compared to MIC Electronics IPO P/E ratio of .
| Binani Cement IPO | MIC Electronics IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 64.91 | 49.79 | ||||
| Promoter Shareholding (Post-Issue) | 64.91 | 37.17 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹1523.26 Cr. | ₹301.91 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 21.57 | 31.57 |
In the Binani Cement IPO Retail Individual Investors (RII) are offered 61,50,000 shares while in MIC Electronics IPO retail investors are offered 61,50,000 shares. Qualified Institutional Buyers (QIB) are offered 1,23,00,000 shares in Binani Cement IPO and 25,50,000 shares in MIC Electronics IPO.
| Binani Cement IPO | MIC Electronics IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 1,23,00,000 shares | 25,50,000 shares |
| NII | 20,50,000 shares | 7,65,000 shares |
| RII | 61,50,000 shares | 17,85,000 shares |
| Employee | ||
| Others | ||
| Total | 2,05,00,000 shares | 51,00,000 shares |
Binani Cement IPO subscribed 1.36x in total, whereas MIC Electronics IPO subscribed 50.59x.
| Binani Cement IPO | MIC Electronics IPO | |
|---|---|---|
| QIB (times) | 1.33x | 47.49x |
| NII (times) | 0.78x | 106.34x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.62x | 31.11x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.36x | 50.59x |
