Mac Hotels IPO vs Spectrum Electrical IPO

Comparison between Mac Hotels IPO and Spectrum Electrical IPO.

IPO Details

Mac Hotels IPO is a SME Fixed Price IPO proposed to list at BSE SME while Spectrum Electrical IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Mac Hotels IPO is up to ₹1.84 Cr whereas the issue size of the Spectrum Electrical IPO is up to ₹24.57 Cr. The final issue price of Mac Hotels IPO is ₹24.00 per share and of Spectrum Electrical IPO is ₹65.00 per share.

 Mac Hotels IPOSpectrum Electrical IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹24.00 per share₹65.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares2000 shares
Fresh Issue Size0 shares37,80,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹24.57 Cr
OFS Issue Size7,68,000 shares0 shares
OFS Issue Size (Amount)up to ₹1.84 Crup to ₹0.00 Cr
Issue Size Total7,68,000 shares37,80,000 shares
Issue Size Total (Amount)up to ₹1.84 Crup to ₹24.57 Cr

IPO Timetable

Mac Hotels IPO opens on Sep 19, 2018, while Spectrum Electrical IPO opens on Sep 17, 2018. The closing date of Mac Hotels IPO and Spectrum Electrical IPO is Sep 25, 2018, and Sep 21, 2018, respectively.

 Mac Hotels IPOSpectrum Electrical IPO
Issue OpenSep 19, 2018Sep 17, 2018
Issue CloseSep 25, 2018Sep 21, 2018
Basis Of Allotment (Tentative)Sep 28, 2018Sep 26, 2018
Listing date (Tentative)Oct 04, 2018Oct 01, 2018

Financials & KPIs

Mac Hotels IPO P/E ratio is , as compared to Spectrum Electrical IPO P/E ratio of .

 Mac Hotels IPOSpectrum Electrical IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets6.135.643.01
Total Income4.163.101.88
Profit After Tax0.410.130.08
NET Worth3.433.020.22
Reserves and Surplus0.430.02-0.11
Total Borrowing1.741.501.55
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets107.6325.0614.91
Total Income119.836.602.16
Profit After Tax5.900.530.30
NET Worth33.735.795.25
Reserves and Surplus22.590.800.26
Total Borrowing34.4410.358.10
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%93.16%
Promoter Shareholding (Post-Issue)73%68.63%
Market Cap₹7.20 Cr.₹98.28 Cr.

Shares Offered

In the Mac Hotels IPO Retail Individual Investors (RII) are offered 3,84,000 shares while in Spectrum Electrical IPO retail investors are offered 3,84,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Mac Hotels IPO and 0 shares in Spectrum Electrical IPO.

 Mac Hotels IPOSpectrum Electrical IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation42,000 shares2,00,000 shares
QIB0 shares0 shares
NII3,84,000 shares18,90,000 shares
RII3,84,000 shares18,90,000 shares
Employee0 shares0 shares
Total7,68,000 shares37,80,000 shares

Bids Received (Subscription)

Mac Hotels IPO subscribed 1.52x in total, whereas Spectrum Electrical IPO subscribed 1.27x.

 Mac Hotels IPOSpectrum Electrical IPO
NII (times)1.88x1.99x
RII (times)1.17x0.56x
Total (times)1.52x1.27x

Compare with others

Compare:

Mac Hotels IPO Vs Spectrum Electrical IPO