Godha Cabcon IPO vs Milestone Furniture IPO

Comparison between Godha Cabcon IPO and Milestone Furniture IPO.

IPO Details

Godha Cabcon IPO is a SME Fixed Price IPO proposed to list at NSE SME while Milestone Furniture IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Godha Cabcon IPO is up to ₹9.39 Cr whereas the issue size of the Milestone Furniture IPO is up to ₹14.09 Cr. The final issue price of Godha Cabcon IPO is ₹33.00 per share and of Milestone Furniture IPO is ₹45.00 per share.

 Godha Cabcon IPOMilestone Furniture IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹30.00 per share
Issue Price (Upper)₹33.00 per share
Issue Price (Final)₹33.00 per share₹45.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares3000 shares
Fresh Issue Size28,44,000 shares31,32,000 shares
Fresh Issue Size (Amount)up to ₹9.39 Crup to ₹14.09 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total28,44,000 shares31,32,000 shares
Issue Size Total (Amount)up to ₹9.39 Crup to ₹14.09 Cr

IPO Timetable

Godha Cabcon IPO opens on Apr 27, 2018, while Milestone Furniture IPO opens on May 07, 2018. The closing date of Godha Cabcon IPO and Milestone Furniture IPO is May 03, 2018, and May 11, 2018, respectively.

 Godha Cabcon IPOMilestone Furniture IPO
Issue OpenApr 27, 2018May 07, 2018
Issue CloseMay 03, 2018May 11, 2018
Basis Of Allotment (Tentative)May 10, 2018May 16, 2018
Initiation of Refunds (Tentative)May 17, 2018
Credit of Share (Tentative)May 18, 2018
Listing date (Tentative)May 11, 2018May 21, 2018

Financials & KPIs

Godha Cabcon IPO P/E ratio is , as compared to Milestone Furniture IPO P/E ratio of .

 Godha Cabcon IPOMilestone Furniture IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Oct 201731 Mar 2017
Assets26.610.01
Total Income21.230.00
Profit After Tax0.93-0.00
NET Worth6.820.01
Reserves and Surplus0.93-0.00
Total Borrowing15.96
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Nov 201731 Mar 201731 Mar 201631 Mar 2015
Assets16.255.322.302.17
Total Income23.728.955.523.32
Profit After Tax0.800.320.200.05
NET Worth6.064.010.300.10
Reserves and Surplus2.061.010.290.09
Total Borrowing5.950.830.710.83
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)72.97%64.54%
Market Cap₹36.63 Cr.₹41.84 Cr.

Shares Offered

In the Godha Cabcon IPO Retail Individual Investors (RII) are offered 9,94,000 shares while in Milestone Furniture IPO retail investors are offered 9,94,000 shares. Qualified Institutional Buyers (QIB) are offered 14,20,000 shares in Godha Cabcon IPO and 0 shares in Milestone Furniture IPO.

 Godha Cabcon IPOMilestone Furniture IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,60,000 shares1,65,000 shares
QIB14,20,000 shares0 shares
NII4,26,000 shares15,66,000 shares
RII9,94,000 shares15,66,000 shares
Employee0 shares0 shares
Total28,40,000 shares31,32,000 shares

Bids Received (Subscription)

Godha Cabcon IPO subscribed 1.39x in total, whereas Milestone Furniture IPO subscribed 3.70x.

 Godha Cabcon IPOMilestone Furniture IPO
QIB (times)0.00x
NII (times)3.65x0.72x
RII (times)2.41x6.67x
Total (times)1.39x3.70x

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