Madhav Copper FPO vs SM Auto Stamping IPO

Comparison between Madhav Copper FPO and SM Auto Stamping IPO.

IPO Details

Madhav Copper FPO is a SME Fixed Price IPO proposed to list at NSE SME while SM Auto Stamping IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Madhav Copper FPO is up to ₹24.21 Cr whereas the issue size of the SM Auto Stamping IPO is up to ₹6.55 Cr. The final issue price of Madhav Copper FPO is ₹102.00 per share and of SM Auto Stamping IPO is ₹18.00 per share.

 Madhav Copper FPOSM Auto Stamping IPO
Face Value₹5 per share₹10 per share
Issue Price (Lower)₹100.00 per share
Issue Price (Upper)₹102.00 per share
Issue Price (Final)₹102.00 per share₹18.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1200 shares8000 shares
Fresh Issue Size23,73,600 shares36,40,000 shares
Fresh Issue Size (Amount)up to ₹24.21 Crup to ₹6.55 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total23,73,600 shares36,40,000 shares
Issue Size Total (Amount)up to ₹24.21 Crup to ₹6.55 Cr

IPO Timetable

Madhav Copper FPO opens on Jan 27, 2020, while SM Auto Stamping IPO opens on Mar 03, 2020. The closing date of Madhav Copper FPO and SM Auto Stamping IPO is Jan 30, 2020, and Mar 05, 2020, respectively.

 Madhav Copper FPOSM Auto Stamping IPO
Issue OpenJan 27, 2020Mar 03, 2020
Issue CloseJan 30, 2020Mar 05, 2020
Basis Of Allotment (Tentative)Feb 04, 2020Mar 11, 2020
Initiation of Refunds (Tentative)Feb 05, 2020Mar 12, 2020
Credit of Share (Tentative)Feb 06, 2020Mar 13, 2020
Listing date (Tentative)Feb 06, 2020Mar 16, 2020

Financials & KPIs

Madhav Copper FPO P/E ratio is 53, as compared to SM Auto Stamping IPO P/E ratio of 300.

 Madhav Copper FPOSM Auto Stamping IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets16.968.4312.014.94
Total Income23.6835.6419.691.12
Profit After Tax0.580.660.35-0.43
NET Worth2.662.081.420.32
Reserves and Surplus1.160.58-0.08-0.43
Total Borrowing8.085.516.403.66
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 201931 Mar 201931 Mar 201831 Mar 2017
Assets47.2653.3252.8952.52
Total Income32.2276.3065.9053.36
Profit After Tax0.043.070.74-1.77
EBITDA1.706.573.191.64
NET Worth11.2511.218.557.71
Reserves and Surplus0.819.907.256.41
Total Borrowing23.8621.5421.5026.58
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)73.04%73.12%
P/E Ratio53300
Market Cap₹276.86 Cr.₹25.72 Cr.

Shares Offered

In the Madhav Copper FPO Retail Individual Investors (RII) are offered 11,86,800 shares while in SM Auto Stamping IPO retail investors are offered 11,86,800 shares. Qualified Institutional Buyers (QIB) are offered in Madhav Copper FPO and in SM Auto Stamping IPO.

 Madhav Copper FPOSM Auto Stamping IPO
Market Maker Reservation1,26,000 shares2,00,000 shares
NII11,86,800 shares18,16,000 shares
RII11,86,800 shares18,24,000 shares
Total23,73,600 shares36,40,000 shares

Bids Received (Subscription)

Madhav Copper FPO subscribed 1.74x in total, whereas SM Auto Stamping IPO subscribed 1.34x.

 Madhav Copper FPOSM Auto Stamping IPO
NII (times)1.72x2.22x
RII (times)1.77x0.47x
Total (times)1.74x1.34x

Compare with others

Compare:

Madhav Copper FPO Vs SM Auto Stamping IPO