Comparison between IRIS Business Services IPO and Milton Industries IPO.
IRIS Business Services IPO is a SME Fixed Price IPO proposed to list at BSE SME while Milton Industries IPO is a SME Fixed Price proposed to list at NSE SME.
| IRIS Business Services IPO | Milton Industries IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Pantomath Capital Advisors Pvt.Ltd. | Swastika Investmart Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Asit C.Mehta Investment Interrmediates Ltd. | Beeline Broking Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of IRIS Business Services IPO is up to ₹15.18 Cr whereas the issue size of the Milton Industries IPO is up to ₹13.55 Cr. The final issue price of IRIS Business Services IPO is ₹32.00 per share and of Milton Industries IPO is ₹34.00 per share.
| IRIS Business Services IPO | Milton Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹32.00 per share | ₹34.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 4000 shares |
| Fresh Issue Size | 47,44,000 shares | 39,84,000 shares |
| Fresh Issue Size (Amount) | up to ₹15.18 Cr | up to ₹13.55 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 47,44,000 shares | 39,84,000 shares |
| Issue Size Total (Amount) | up to ₹15.18 Cr | up to ₹13.55 Cr |
IRIS Business Services IPO opens on Sep 29, 2017, while Milton Industries IPO opens on Sep 29, 2017. The closing date of IRIS Business Services IPO and Milton Industries IPO is Oct 04, 2017, and Oct 06, 2017, respectively.
| IRIS Business Services IPO | Milton Industries IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 29, 2017 | Sep 29, 2017 |
| Issue Close | Oct 04, 2017 | Oct 06, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Oct 11, 2017 | Oct 16, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
IRIS Business Services IPO P/E ratio is , as compared to Milton Industries IPO P/E ratio of .
| IRIS Business Services IPO | Milton Industries IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹60.41 Cr. | ₹52.53 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the IRIS Business Services IPO Retail Individual Investors (RII) are offered 23,72,000 shares while in Milton Industries IPO retail investors are offered 23,72,000 shares. Qualified Institutional Buyers (QIB) are offered in IRIS Business Services IPO and in Milton Industries IPO.
| IRIS Business Services IPO | Milton Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,60,000 shares | 2,16,000 shares |
| QIB | ||
| NII | 23,72,000 shares | 19,92,000 shares |
| RII | 23,72,000 shares | 19,92,000 shares |
| Employee | ||
| Others | ||
| Total | 47,44,000 shares | 39,84,000 shares |
IRIS Business Services IPO subscribed 2.39x in total, whereas Milton Industries IPO subscribed 14.61x.
| IRIS Business Services IPO | Milton Industries IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 4.21x | 11.11x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.56x | 18.11x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.39x | 14.61x |
