Ambition Mica FPO vs ICE Make Refrigeration IPO

Comparison between Ambition Mica FPO and ICE Make Refrigeration IPO.

IPO Details

Ambition Mica FPO is a SME Bookbuilding IPO proposed to list at BSE SME while ICE Make Refrigeration IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Ambition Mica FPO is up to ₹11.94 Cr whereas the issue size of the ICE Make Refrigeration IPO is up to ₹22.53 Cr. The final issue price of Ambition Mica FPO is ₹42.00 per share and of ICE Make Refrigeration IPO is ₹57.00 per share.

 Ambition Mica FPOICE Make Refrigeration IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹40.00 per share₹55.00 per share
Issue Price (Upper)₹42.00 per share₹57.00 per share
Issue Price (Final)₹42.00 per share₹57.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares2000 shares
Fresh Issue Size28,44,000 shares39,52,000 shares
Fresh Issue Size (Amount)up to ₹11.94 Crup to ₹22.53 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total28,44,000 shares39,52,000 shares
Issue Size Total (Amount)up to ₹11.94 Crup to ₹22.53 Cr

IPO Timetable

Ambition Mica FPO opens on Nov 16, 2017, while ICE Make Refrigeration IPO opens on Nov 28, 2017. The closing date of Ambition Mica FPO and ICE Make Refrigeration IPO is Nov 21, 2017, and Nov 30, 2017, respectively.

 Ambition Mica FPOICE Make Refrigeration IPO
Issue OpenNov 16, 2017Nov 28, 2017
Issue CloseNov 21, 2017Nov 30, 2017
Basis Of Allotment (Tentative)Nov 24, 2017Dec 06, 2017
Listing date (Tentative)Nov 29, 2017Dec 08, 2017

Financials & KPIs

Ambition Mica FPO P/E ratio is , as compared to ICE Make Refrigeration IPO P/E ratio of .

 Ambition Mica FPOICE Make Refrigeration IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets61.8455.1143.4531.30
Total Income33.6351.5449.3238.18
Profit After Tax0.841.991.791.74
NET Worth15.1814.3312.346.63
Reserves and Surplus3.262.418.363.73
Total Borrowing13.1012.8410.289.54
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Jun 201731 Mar 201731 Mar 201631 Mar 2015
Assets53.1854.8838.6733.40
Total Income23.0587.8871.8250.62
Profit After Tax1.475.112.640.93
NET Worth16.9515.4910.387.74
Reserves and Surplus5.448.293.186.30
Total Borrowing15.4514.3813.4811.99
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)72.97%100%
Promoter Shareholding (Post-Issue)58.30%73.46%
Market Cap₹16.69 Cr.₹89.33 Cr.

Shares Offered

In the Ambition Mica FPO Retail Individual Investors (RII) are offered 14,22,000 shares while in ICE Make Refrigeration IPO retail investors are offered 14,22,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Ambition Mica FPO and 0 shares in ICE Make Refrigeration IPO.

 Ambition Mica FPOICE Make Refrigeration IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,56,000 shares2,08,000 shares
QIB0 shares0 shares
NII14,22,000 shares19,76,000 shares
RII14,22,000 shares19,76,000 shares
Employee0 shares0 shares
Total28,44,000 shares39,52,000 shares

Bids Received (Subscription)

Ambition Mica FPO subscribed in total, whereas ICE Make Refrigeration IPO subscribed 274.35x.

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Ambition Mica FPO Vs ICE Make Refrigeration IPO