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East India Securities IPO vs Hindcon Chemicals IPO

Comparison between East India Securities IPO and Hindcon Chemicals IPO.

IPO Details

East India Securities IPO is a SME Fixed Price IPO proposed to list at BSE SME while Hindcon Chemicals IPO is a SME Fixed Price proposed to list at NSE SME.

 East India Securities IPOHindcon Chemicals IPO
LogoEast India Securities IPO LogoHindcon Chemicals IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersFinshore Management Services Ltd.Hem Securities Ltd.
RegistrarCameo Corporate Services Ltd.MUFG Intime India Pvt.Ltd.
Market MakerShree Bahubali Stock Broking Ltd.Hem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

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 Hindcon Chemicals IPO is up to ₹7.32 Cr. The final issue price of East India Securities IPO is ₹920.00 per share and of Hindcon Chemicals IPO is ₹28.00 per share.

 East India Securities IPOHindcon Chemicals IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹920.00 per share₹28.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size160 shares4000 shares
Fresh Issue Size0 shares26,16,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹7.32 Cr
OFS Issue Size9,57,600 shares0 shares
OFS Issue Size (Amount)up to ₹88.10 Crup to ₹0.00 Cr
Issue Size Total9,57,600 shares26,16,000 shares
Issue Size Total (Amount)up to ₹88.10 Crup to ₹7.32 Cr

IPO Timetable

East India Securities IPO opens on Mar 05, 2018, while Hindcon Chemicals IPO opens on Feb 26, 2018. The closing date of East India Securities IPO and Hindcon Chemicals IPO is Mar 07, 2018, and Feb 28, 2018, respectively.

 East India Securities IPOHindcon Chemicals IPO
Issue OpenMar 05, 2018Feb 26, 2018
Issue CloseMar 07, 2018Feb 28, 2018
Basis Of Allotment (Tentative)Mar 13, 2018Mar 06, 2018
Listing date (Tentative)Mar 13, 2018Mar 09, 2018

Financials & KPIs

East India Securities IPO P/E ratio is , as compared to Hindcon Chemicals IPO P/E ratio of .

 East India Securities IPOHindcon Chemicals IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 201731 Mar 201731 Mar 201631 Mar 2015
Assets302.42283.79276.58276.79
Total Income41.0844.5033.4940.13
Profit After Tax28.2727.7415.8614.98
NET Worth289.38261.11232.09216.23
Reserves and Surplus285.71257.45228.43212.57
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets29.5625.6224.2325.18
Total Income18.1334.2533.4534.96
Profit After Tax2.192.060.860.34
NET Worth17.0414.8512.7911.93
Reserves and Surplus9.5613.3611.3010.44
Total Borrowing6.424.995.258.91
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%85.13%
Promoter Shareholding (Post-Issue)72.52%62.18%
Market Cap₹337.36 Cr.₹28.67 Cr.

Shares Offered

In the East India Securities IPO Retail Individual Investors (RII) are offered 4,78,880 shares while in Hindcon Chemicals IPO retail investors are offered 4,78,880 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in East India Securities IPO and 0 shares in Hindcon Chemicals IPO.

 East India Securities IPOHindcon Chemicals IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation50,400 shares1,44,000 shares
QIB0 shares0 shares
NII4,78,720 shares13,08,000 shares
RII4,78,880 shares13,08,000 shares
Employee0 shares0 shares
Total9,57,600 shares26,16,000 shares

Bids Received (Subscription)

East India Securities IPO subscribed 1.69x in total, whereas Hindcon Chemicals IPO subscribed 137.63x.

 East India Securities IPOHindcon Chemicals IPO
NII (times)0.00x154.85x
RII (times)0.00x120.41x
Total (times)1.69x137.63x

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Compare:

East India Securities IPO Vs Hindcon Chemicals IPO