Chalet Hotels IPO vs MSTC IPO

Comparison between Chalet Hotels IPO and MSTC IPO.

IPO Details

Chalet Hotels IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while MSTC IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Chalet Hotels IPO is up to ₹1,641.18 Cr whereas the issue size of the MSTC IPO is up to ₹211.04 Cr. The final issue price of Chalet Hotels IPO is ₹280.00 per share and of MSTC IPO is ₹120.00 per share.

 Chalet Hotels IPOMSTC IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹275.00 per share₹120.00 per share
Issue Price (Upper)₹280.00 per share₹128.00 per share
Issue Price (Final)₹280.00 per share₹120.00 per share
Discount (Retail)₹0.00 per share₹5.50 per share
Discount (Employee)₹5.50 per share
Market Lot Size53 shares90 shares
Fresh Issue Size3,39,28,571 shares0 shares
Fresh Issue Size (Amount)up to ₹950.00 Crup to ₹0.00 Cr
OFS Issue Size2,46,85,000 shares1,76,70,400 shares
OFS Issue Size (Amount)up to ₹691.18 Crup to ₹211.04 Cr
Issue Size Total5,86,13,571 shares1,76,70,400 shares
Issue Size Total (Amount)up to ₹1,641.18 Crup to ₹211.04 Cr

IPO Timetable

Chalet Hotels IPO opens on Jan 29, 2019, while MSTC IPO opens on Mar 13, 2019. The closing date of Chalet Hotels IPO and MSTC IPO is Jan 31, 2019, and Mar 20, 2019, respectively.

 Chalet Hotels IPOMSTC IPO
Anchor Bid DateJan 28, 2019
Issue OpenJan 29, 2019Mar 13, 2019
Issue CloseJan 31, 2019Mar 20, 2019
Basis Of Allotment (Tentative)Feb 05, 2019Mar 25, 2019
Initiation of Refunds (Tentative)Feb 06, 2019Mar 26, 2019
Credit of Share (Tentative)Feb 07, 2019Mar 28, 2019
Listing date (Tentative)Feb 07, 2019Mar 29, 2019
Anchor Lockin End date 1Mar 07, 2019
Anchor Lockin End date 2May 06, 2019

Financials & KPIs

Chalet Hotels IPO P/E ratio is , as compared to MSTC IPO P/E ratio of .

 Chalet Hotels IPOMSTC IPO
Financials

Company Financials (Restated Standalone)

Period Ended30 Sep 201831 Mar 201831 Mar 201731 Mar 2016
Assets3,756.403,825.243,742.553,559.70
Total Income498.20918.53924.53596.48
Profit After Tax-41.6323.18130.14-113.11
EBITDA135.66339.50430.94155.13
NET Worth467.44502.37471.17521.21
Reserves and Surplus319.40201.60296.341,178.54
Total Borrowing2,569.892,699.672,611.702,331.15
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 201831 Mar 201831 Mar 201731 Mar 2016
Assets4,256.634,737.864,599.814,162.18
Total Income1,491.552,793.151,876.203,307.80
Profit After Tax-15.88-6.48139.15-247.10
EBITDA80.30113.20262.64-85.35
NET Worth327.92366.16406.03314.67
Reserves and Surplus292.72330.96388.43305.87
Total Borrowing301.94766.18688.35653.33
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10089.85
Promoter Shareholding (Post-Issue)71.4164.75
P/E Ratio
Market Cap₹5740.67 Cr.₹844.80 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Chalet Hotels IPO Retail Individual Investors (RII) are offered 2,05,14,750 shares while in MSTC IPO retail investors are offered 2,05,14,750 shares. Qualified Institutional Buyers (QIB) are offered 1,17,22,714 shares in Chalet Hotels IPO and 1,32,00,000 shares in MSTC IPO.

 Chalet Hotels IPOMSTC IPO
Anchor Investor Reservation1,75,84,071 shares0 shares
Market Maker Reservation0 shares0 shares
QIB1,17,22,714 shares1,32,00,000 shares
NII87,92,036 shares26,40,000 shares
RII2,05,14,750 shares17,60,000 shares
Employee0 shares70,400 shares
Others
Total5,86,13,571 shares1,76,70,400 shares

Bids Received (Subscription)

Chalet Hotels IPO subscribed 1.11x in total, whereas MSTC IPO subscribed 1.46x.

 Chalet Hotels IPOMSTC IPO
QIB (times)4.65x1.13x
NII (times)1.11x2.15x
Big NII (times)
Small NII (times)
RII (times)0.03x2.95x
Employee (times)1.54x
Other (times)
Total (times)1.11x1.46x

Compare with others

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Chalet Hotels IPO Vs MSTC IPO