Latteys Industries IPO vs Megastar Foods IPO

Comparison between Latteys Industries IPO and Megastar Foods IPO.

IPO Details

Latteys Industries IPO is a SME Fixed Price IPO proposed to list at NSE SME while Megastar Foods IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Latteys Industries IPO is up to ₹7.66 Cr whereas the issue size of the Megastar Foods IPO is up to ₹7.63 Cr. The final issue price of Latteys Industries IPO is ₹66.00 per share and of Megastar Foods IPO is ₹30.00 per share.

 Latteys Industries IPOMegastar Foods IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹66.00 per share₹30.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares4000 shares
Fresh Issue Size11,60,000 shares25,44,000 shares
Fresh Issue Size (Amount)up to ₹7.66 Crup to ₹7.63 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total11,60,000 shares25,44,000 shares
Issue Size Total (Amount)up to ₹7.66 Crup to ₹7.63 Cr

IPO Timetable

Latteys Industries IPO opens on May 23, 2018, while Megastar Foods IPO opens on May 14, 2018. The closing date of Latteys Industries IPO and Megastar Foods IPO is May 28, 2018, and May 16, 2018, respectively.

 Latteys Industries IPOMegastar Foods IPO
Issue OpenMay 23, 2018May 14, 2018
Issue CloseMay 28, 2018May 16, 2018
Basis Of Allotment (Tentative)May 21, 2018
Listing date (Tentative)Jun 05, 2018May 24, 2018

Financials & KPIs

Latteys Industries IPO P/E ratio is , as compared to Megastar Foods IPO P/E ratio of .

 Latteys Industries IPOMegastar Foods IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 201731 Mar 201731 Mar 201631 Mar 2015
Assets27.8226.1220.1414.66
Total Income22.8935.7726.0521.53
Profit After Tax0.430.560.310.14
EBITDA1.852.431.581.20
NET Worth3.593.052.501.34
Reserves and Surplus2.001.510.950.34
Total Borrowing10.928.897.796.60
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 201731 Mar 201731 Mar 201631 Mar 2015
Assets39.1831.6030.8220.08
Total Income78.3797.7678.0444.50
Profit After Tax0.871.060.59-0.28
NET Worth8.217.346.285.69
Reserves and Surplus2.241.370.31-0.28
Total Borrowing24.5521.1822.2712.91
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%92.83%
Promoter Shareholding (Post-Issue)73.43%67.71%
Market Cap₹30.36 Cr.₹29.71 Cr.

Shares Offered

In the Latteys Industries IPO Retail Individual Investors (RII) are offered 5,80,000 shares while in Megastar Foods IPO retail investors are offered 5,80,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Latteys Industries IPO and 0 shares in Megastar Foods IPO.

 Latteys Industries IPOMegastar Foods IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation62,000 shares1,36,000 shares
QIB0 shares0 shares
NII5,80,000 shares12,72,000 shares
RII5,80,000 shares12,72,000 shares
Employee0 shares0 shares
Total11,60,000 shares25,44,000 shares

Bids Received (Subscription)

Latteys Industries IPO subscribed 2.47x in total, whereas Megastar Foods IPO subscribed 1.70x.

 Latteys Industries IPOMegastar Foods IPO
NII (times)1.19x1.88x
RII (times)3.74x1.52x
Total (times)2.47x1.70x

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