Innovative Ideals IPO vs Manorama Industries IPO

Comparison between Innovative Ideals IPO and Manorama Industries IPO.

IPO Details

Innovative Ideals IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Manorama Industries IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Innovative Ideals IPO is up to ₹11.64 Cr whereas the issue size of the Manorama Industries IPO is up to ₹60.79 Cr. The final issue price of Innovative Ideals IPO is ₹40.00 per share and of Manorama Industries IPO is ₹188.00 per share.

 Innovative Ideals IPOManorama Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹36.00 per share₹181.00 per share
Issue Price (Upper)₹40.00 per share₹188.00 per share
Issue Price (Final)₹40.00 per share₹188.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares600 shares
Fresh Issue Size29,10,000 shares32,33,400 shares
Fresh Issue Size (Amount)up to ₹11.64 Crup to ₹60.79 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total29,10,000 shares32,33,400 shares
Issue Size Total (Amount)up to ₹11.64 Crup to ₹60.79 Cr

IPO Timetable

Innovative Ideals IPO opens on Sep 24, 2018, while Manorama Industries IPO opens on Sep 21, 2018. The closing date of Innovative Ideals IPO and Manorama Industries IPO is Sep 26, 2018, and Sep 25, 2018, respectively.

 Innovative Ideals IPOManorama Industries IPO
Issue OpenSep 24, 2018Sep 21, 2018
Issue CloseSep 26, 2018Sep 25, 2018
Basis Of Allotment (Tentative)Oct 01, 2018Oct 01, 2018
Initiation of Refunds (Tentative)Oct 03, 2018
Credit of Share (Tentative)Oct 04, 2018
Listing date (Tentative)Oct 05, 2018Oct 04, 2018

Financials & KPIs

Innovative Ideals IPO P/E ratio is , as compared to Manorama Industries IPO P/E ratio of .

 Innovative Ideals IPOManorama Industries IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets34.8022.8720.82
Total Income20.3210.7512.18
Profit After Tax3.090.970.01
EBITDA4.882.220.74
NET Worth13.376.785.72
Reserves and Surplus5.053.783.42
Total Borrowing7.684.514.55
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets46.7622.6120.23
Total Income221.89146.38131.69
Profit After Tax10.361.381.08
NET Worth24.7214.3712.99
Reserves and Surplus17.1712.2110.84
Total Borrowing17.910.014.75
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)71.81%85.99%
Promoter Shareholding (Post-Issue)52.47%59.69%
Market Cap₹45.52 Cr.₹209.20 Cr.

Shares Offered

In the Innovative Ideals IPO Retail Individual Investors (RII) are offered 14,55,000 shares while in Manorama Industries IPO retail investors are offered 14,55,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Innovative Ideals IPO and 5,32,200 shares in Manorama Industries IPO.

 Innovative Ideals IPOManorama Industries IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,56,000 shares1,71,000 shares
QIB0 shares5,32,200 shares
NII14,55,000 shares13,50,600 shares
RII14,55,000 shares13,50,600 shares
Employee0 shares0 shares
Total29,10,000 shares32,33,400 shares

Bids Received (Subscription)

Innovative Ideals IPO subscribed 1.30x in total, whereas Manorama Industries IPO subscribed 1.08x.

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Innovative Ideals IPO Vs Manorama Industries IPO