Hindcon Chemicals IPO vs Macpower CNC Machines IPO

Comparison between Hindcon Chemicals IPO and Macpower CNC Machines IPO.

IPO Details

Hindcon Chemicals IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Macpower CNC Machines IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Hindcon Chemicals IPO is up to ₹7.32 Cr whereas the issue size of the Macpower CNC Machines IPO is up to ₹34.47 Cr. The final issue price of Hindcon Chemicals IPO is ₹28.00 per share and of Macpower CNC Machines IPO is ₹140.00 per share.

 Hindcon Chemicals IPOMacpower CNC Machines IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹126.00 per share
Issue Price (Upper)₹140.00 per share
Issue Price (Final)₹28.00 per share₹140.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares1000 shares
Fresh Issue Size26,16,000 shares24,62,000 shares
Fresh Issue Size (Amount)up to ₹7.32 Crup to ₹34.47 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total26,16,000 shares24,62,000 shares
Issue Size Total (Amount)up to ₹7.32 Crup to ₹34.47 Cr

IPO Timetable

Hindcon Chemicals IPO opens on Feb 26, 2018, while Macpower CNC Machines IPO opens on Mar 12, 2018. The closing date of Hindcon Chemicals IPO and Macpower CNC Machines IPO is Feb 28, 2018, and Mar 14, 2018, respectively.

 Hindcon Chemicals IPOMacpower CNC Machines IPO
Anchor Bid DateMar 09, 2018
Issue OpenFeb 26, 2018Mar 12, 2018
Issue CloseFeb 28, 2018Mar 14, 2018
Basis Of Allotment (Tentative)Mar 06, 2018Mar 20, 2018
Listing date (Tentative)Mar 09, 2018Mar 22, 2018
Anchor Lockin End date 1Apr 13, 2018

Financials & KPIs

Hindcon Chemicals IPO P/E ratio is , as compared to Macpower CNC Machines IPO P/E ratio of .

 Hindcon Chemicals IPOMacpower CNC Machines IPO
Financials

Company Financials (Restated Standalone)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets29.5625.6224.2325.18
Total Income18.1334.2533.4534.96
Profit After Tax2.192.060.860.34
NET Worth17.0414.8512.7911.93
Reserves and Surplus9.5613.3611.3010.44
Total Borrowing6.424.995.258.91
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets33.5032.4124.9926.71
Total Income46.4569.5564.1664.26
Profit After Tax2.500.790.490.29
NET Worth6.813.662.861.87
Reserves and Surplus6.093.062.261.37
Total Borrowing1.013.913.967.62
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)85.13%94.09%
Promoter Shareholding (Post-Issue)62.18%69.00%
Market Cap₹28.67 Cr.₹137.31 Cr.

Shares Offered

In the Hindcon Chemicals IPO Retail Individual Investors (RII) are offered 13,08,000 shares while in Macpower CNC Machines IPO retail investors are offered 13,08,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Hindcon Chemicals IPO and 5,16,000 shares in Macpower CNC Machines IPO.

 Hindcon Chemicals IPOMacpower CNC Machines IPO
Anchor Investor Reservation0 shares7,14,000 shares
Market Maker Reservation1,44,000 shares1,53,000 shares
QIB0 shares5,16,000 shares
NII13,08,000 shares3,70,000 shares
RII13,08,000 shares8,62,000 shares
Employee0 shares0 shares
Total26,16,000 shares24,62,000 shares

Bids Received (Subscription)

Hindcon Chemicals IPO subscribed 137.63x in total, whereas Macpower CNC Machines IPO subscribed 3.80x.

 Hindcon Chemicals IPOMacpower CNC Machines IPO
QIB (times)1.43x
NII (times)154.85x6.40x
RII (times)120.41x7.24x
Total (times)137.63x3.80x

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Hindcon Chemicals IPO Vs Macpower CNC Machines IPO