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Madhav Copper IPO vs Nitiraj Engineers IPO

Comparison between Madhav Copper IPO and Nitiraj Engineers IPO.

IPO Details

Madhav Copper IPO is a SME Fixed Price IPO proposed to list at NSE SME while Nitiraj Engineers IPO is a SME Fixed Price proposed to list at NSE SME.

 Madhav Copper IPONitiraj Engineers IPO
LogoMadhav Copper IPO LogoNitiraj Engineers IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersPantomath Capital Advisors Pvt.Ltd.Arihant Capital Markets Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerPantomath Stock Brokers Pvt.Ltd.Alacrity Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Madhav Copper IPO is up to ₹4.25 Cr whereas the issue size of the Nitiraj Engineers IPO is up to ₹20.90 Cr. The final issue price of Madhav Copper IPO is ₹81.00 per share and of Nitiraj Engineers IPO is ₹100.00 per share.

 Madhav Copper IPONitiraj Engineers IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹81.00 per share₹100.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1600 shares1200 shares
Fresh Issue Size5,24,800 shares20,90,400 shares
Fresh Issue Size (Amount)up to ₹4.25 Crup to ₹20.90 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total5,24,800 shares20,90,400 shares
Issue Size Total (Amount)up to ₹4.25 Crup to ₹20.90 Cr

IPO Timetable

Madhav Copper IPO opens on Jan 23, 2017, while Nitiraj Engineers IPO opens on Feb 20, 2017. The closing date of Madhav Copper IPO and Nitiraj Engineers IPO is Jan 27, 2017, and Mar 01, 2017, respectively.

 Madhav Copper IPONitiraj Engineers IPO
Issue OpenJan 23, 2017Feb 20, 2017
Issue CloseJan 27, 2017Mar 01, 2017
Basis Of Allotment (Tentative)Mar 06, 2017
Listing date (Tentative)Feb 06, 2017Mar 09, 2017

Financials & KPIs

Madhav Copper IPO P/E ratio is , as compared to Nitiraj Engineers IPO P/E ratio of .

 Madhav Copper IPONitiraj Engineers 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)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets50.3349.0937.0632.70
Total Income32.0156.5443.8741.17
Profit After Tax4.515.504.183.89
NET Worth37.6133.4728.0623.87
Reserves and Surplus31.6127.4727.0622.87
Total Borrowing5.427.192.020.25
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00%90.00%
Promoter Shareholding (Post-Issue)73.04%65.85%
Market Cap₹219.86 Cr.₹82.01 Cr.

Shares Offered

In the Madhav Copper IPO Retail Individual Investors (RII) are offered 2,62,400 shares while in Nitiraj Engineers IPO retail investors are offered 2,62,400 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Madhav Copper IPO and 0 shares in Nitiraj Engineers IPO.

 Madhav Copper IPONitiraj Engineers IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation28,800 shares1,10,400 shares
QIB0 shares0 shares
NII2,62,400 shares10,45,200 shares
RII2,62,400 shares10,45,200 shares
Employee0 shares0 shares
Total5,24,800 shares20,90,400 shares

Bids Received (Subscription)

Madhav Copper IPO subscribed 10.73x in total, whereas Nitiraj Engineers IPO subscribed 1.43x.

 Madhav Copper IPONitiraj Engineers IPO
NII (times)6.34x1.68x
RII (times)15.12x1.18x
Total (times)10.73x1.43x

Compare with others

Madhav Copper IPONitiraj Engineers IPO
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Compare:

Madhav Copper IPO Vs Nitiraj Engineers IPO