Commercial Syn Bags IPO vs Mitsu Chem Plast IPO

Comparison between Commercial Syn Bags IPO and Mitsu Chem Plast IPO.

IPO Details

Commercial Syn Bags IPO is a SME Fixed Price IPO proposed to list at BSE SME while Mitsu Chem Plast IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Commercial Syn Bags IPO is up to ₹7.26 Cr whereas the issue size of the Mitsu Chem Plast IPO is up to ₹9.01 Cr. The final issue price of Commercial Syn Bags IPO is ₹24.00 per share and of Mitsu Chem Plast IPO is ₹95.00 per share.

 Commercial Syn Bags IPOMitsu Chem Plast IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹24.00 per share₹95.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares1200 shares
Fresh Issue Size30,24,000 shares0 shares
Fresh Issue Size (Amount)up to ₹7.26 Crup to ₹0.00 Cr
OFS Issue Size0 shares9,48,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹9.01 Cr
Issue Size Total30,24,000 shares9,48,000 shares
Issue Size Total (Amount)up to ₹7.26 Crup to ₹9.01 Cr

IPO Timetable

Commercial Syn Bags IPO opens on Jun 30, 2016, while Mitsu Chem Plast IPO opens on Aug 26, 2016. The closing date of Commercial Syn Bags IPO and Mitsu Chem Plast IPO is Jul 05, 2016, and Aug 31, 2016, respectively.

 Commercial Syn Bags IPOMitsu Chem Plast IPO
Issue OpenJun 30, 2016Aug 26, 2016
Issue CloseJul 05, 2016Aug 31, 2016
Basis Of Allotment (Tentative)Jul 11, 2016Sep 06, 2016
Listing date (Tentative)Jul 14, 2016Sep 09, 2016

Financials & KPIs

Commercial Syn Bags IPO P/E ratio is , as compared to Mitsu Chem Plast IPO P/E ratio of .

Shares Offered

In the Commercial Syn Bags IPO Retail Individual Investors (RII) are offered 15,12,000 shares while in Mitsu Chem Plast IPO retail investors are offered 15,12,000 shares. Qualified Institutional Buyers (QIB) are offered in Commercial Syn Bags IPO and 0 shares in Mitsu Chem Plast IPO.

 Commercial Syn Bags IPOMitsu Chem Plast IPO
Anchor Investor Reservation0 shares
Market Maker Reservation1,68,000 shares52,800 shares
QIB0 shares
NII15,12,000 shares4,74,000 shares
RII15,12,000 shares4,74,000 shares
Employee0 shares
Total30,24,000 shares9,48,000 shares

Bids Received (Subscription)

Commercial Syn Bags IPO subscribed 7.19x in total, whereas Mitsu Chem Plast IPO subscribed 1.45x.

 Commercial Syn Bags IPOMitsu Chem Plast IPO
NII (times)8.00x1.35x
RII (times)6.38x1.55x
Total (times)7.19x1.45x

Compare with others

Compare:

Commercial Syn Bags IPO Vs Mitsu Chem Plast IPO