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Innovative Ideals IPO vs Mac Hotels IPO

Comparison between Innovative Ideals IPO and Mac Hotels IPO.

IPO Details

Innovative Ideals IPO is a SME Fixed Price IPO proposed to list at BSE SME while Mac Hotels IPO is a SME Fixed Price proposed to list at BSE SME.

 Innovative Ideals IPOMac Hotels IPO
LogoInnovative Ideals IPO LogoMac Hotels IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersPantomath Capital Advisors Pvt.Ltd.Gretex Corporate Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerPantomath Stock Brokers Pvt.Ltd.Gretex Share Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Innovative Ideals IPO is up to ₹11.64 Cr whereas the issue size of the Mac Hotels IPO is up to ₹1.84 Cr. The final issue price of Innovative Ideals IPO is ₹40.00 per share and of Mac Hotels IPO is ₹24.00 per share.

 Innovative Ideals IPOMac Hotels IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹36.00 per share
Issue Price (Upper)₹40.00 per share
Issue Price (Final)₹40.00 per share₹24.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares6000 shares
Fresh Issue Size29,10,000 shares0 shares
Fresh Issue Size (Amount)up to ₹11.64 Crup to ₹0.00 Cr
OFS Issue Size0 shares7,68,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹1.84 Cr
Issue Size Total29,10,000 shares7,68,000 shares
Issue Size Total (Amount)up to ₹11.64 Crup to ₹1.84 Cr

IPO Timetable

Innovative Ideals IPO opens on Sep 24, 2018, while Mac Hotels IPO opens on Sep 19, 2018. The closing date of Innovative Ideals IPO and Mac Hotels IPO is Sep 26, 2018, and Sep 25, 2018, respectively.

 Innovative Ideals IPOMac Hotels IPO
Anchor Bid Date
Issue OpenSep 24, 2018Sep 19, 2018
Issue CloseSep 26, 2018Sep 25, 2018
Basis Of Allotment (Tentative)Oct 01, 2018
Initiation of Refunds (Tentative)Oct 03, 2018
Credit of Share (Tentative)Oct 04, 2018
Listing date (Tentative)Oct 05, 2018Oct 04, 2018
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Innovative Ideals IPO P/E ratio is , as compared to Mac Hotels IPO P/E ratio of .

 Innovative Ideals IPOMac Hotels IPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 3,479.82 2,287.04 2081.86 2,355.01 4,774.17
Total Revenue 2,031.84 1,074.57 1,217.81 1,245.07 1,281.61
Profit After Tax 308.79 96.76 1.36 15.56 50.26
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Dec-17 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 575.15 563.78 301.09 259.04 265.69 229.95
Total Revenue 239.77 310.13 188.32 193.10 141.76 118.12
Profit After Tax 8.00 13.05 8.43 8.76 8.83 (1.27)
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Innovative Ideals IPO Retail Individual Investors (RII) are offered 14,55,000 shares while in Mac Hotels IPO retail investors are offered 14,55,000 shares. Qualified Institutional Buyers (QIB) are offered in Innovative Ideals IPO and in Mac Hotels IPO.

 Innovative Ideals IPOMac Hotels IPO
Anchor Investor Reserveration
Market Maker Reserveration1,56,000 shares42,000 shares
QIB
NII14,55,000 shares3,84,000 shares
RII14,55,000 shares3,84,000 shares
Employee
Others
Total29,10,000 shares7,68,000 shares

Bids Received (Subscription)

Innovative Ideals IPO subscribed 1.30x in total, whereas Mac Hotels IPO subscribed 1.52x.

 Innovative Ideals IPOMac Hotels IPO
QIB (times)
NII (times)1.01x1.88x
Big NII (times)
Small NII (times)
RII (times)1.58x1.17x
Employee (times)
Other (times)
Total (times)1.30x1.52x