Comparison between Innovative Ideals IPO and Mac Hotels IPO.
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 IPO | Mac Hotels IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Pantomath Capital Advisors Pvt.Ltd. | Gretex Corporate Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Pantomath Stock Brokers Pvt.Ltd. | Gretex Share Broking Pvt.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 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 IPO | Mac 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 Size | 3000 shares | 6000 shares |
| Fresh Issue Size | 29,10,000 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹11.64 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 0 shares | 7,68,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹1.84 Cr |
| Issue Size Total | 29,10,000 shares | 7,68,000 shares |
| Issue Size Total (Amount) | up to ₹11.64 Cr | up to ₹1.84 Cr |
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 IPO | Mac Hotels IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 24, 2018 | Sep 19, 2018 |
| Issue Close | Sep 26, 2018 | Sep 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, 2018 | Oct 04, 2018 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Innovative Ideals IPO P/E ratio is , as compared to Mac Hotels IPO P/E ratio of .
| Innovative Ideals IPO | Mac Hotels IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹45.52 Cr. | ₹7.20 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
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 IPO | Mac Hotels IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,56,000 shares | 42,000 shares |
| QIB | ||
| NII | 14,55,000 shares | 3,84,000 shares |
| RII | 14,55,000 shares | 3,84,000 shares |
| Employee | ||
| Others | ||
| Total | 29,10,000 shares | 7,68,000 shares |
Innovative Ideals IPO subscribed 1.30x in total, whereas Mac Hotels IPO subscribed 1.52x.
| Innovative Ideals IPO | Mac Hotels IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.01x | 1.88x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.58x | 1.17x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.30x | 1.52x |
