Comparison between East India Securities IPO and Macpower CNC Machines IPO.
IPO Details
East India Securities IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Macpower CNC Machines IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of East India Securities IPO is up to ₹88.10 Cr whereas the issue size of the Macpower CNC Machines IPO is up to ₹34.47 Cr. The final issue price of East India Securities IPO is ₹920.00 per share and of Macpower CNC Machines IPO is ₹140.00 per share.
IPO Timetable
East India Securities IPO opens on Mar 05, 2018, while Macpower CNC Machines IPO opens on Mar 12, 2018. The closing date of East India Securities IPO and Macpower CNC Machines IPO is Mar 07, 2018, and Mar 14, 2018, respectively.
| | East India Securities IPO | Macpower CNC Machines IPO |
|---|
| Anchor Bid Date | | Mar 09, 2018 |
| Issue Open | Mar 05, 2018 | Mar 12, 2018 |
| Issue Close | Mar 07, 2018 | Mar 14, 2018 |
| Basis Of Allotment (Tentative) | Mar 13, 2018 | Mar 20, 2018 |
| Listing date (Tentative) | Mar 13, 2018 | Mar 22, 2018 |
| Anchor Lockin End date 1 | | Apr 13, 2018 |
Financials & KPIs
East India Securities IPO P/E ratio is , as compared to Macpower CNC Machines IPO P/E ratio of .
Shares Offered
In the East India Securities IPO Retail Individual Investors (RII) are offered 4,78,880 shares while in Macpower CNC Machines IPO retail investors are offered 4,78,880 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in East India Securities IPO and 5,16,000 shares in Macpower CNC Machines IPO.
| | East India Securities IPO | Macpower CNC Machines IPO |
|---|
| Anchor Investor Reservation | 0 shares | 7,14,000 shares |
| Market Maker Reservation | 50,400 shares | 1,53,000 shares |
| QIB | 0 shares | 5,16,000 shares |
| NII | 4,78,720 shares | 3,70,000 shares |
| RII | 4,78,880 shares | 8,62,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 9,57,600 shares | 24,62,000 shares |
Bids Received (Subscription)
East India Securities IPO subscribed 1.69x in total, whereas Macpower CNC Machines IPO subscribed 3.80x.