Madhav Copper IPO vs Prolife Industries IPO

Comparison between Madhav Copper IPO and Prolife Industries IPO.

IPO Details

Madhav Copper IPO is a SME Fixed Price IPO proposed to list at NSE SME while Prolife Industries IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Madhav Copper IPO is up to ₹4.25 Cr whereas the issue size of the Prolife Industries IPO is up to ₹3.99 Cr. The final issue price of Madhav Copper IPO is ₹81.00 per share and of Prolife Industries IPO is ₹38.00 per share.

 Madhav Copper IPOProlife Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹81.00 per share₹38.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1600 shares3000 shares
Fresh Issue Size5,24,800 shares10,50,000 shares
Fresh Issue Size (Amount)up to ₹4.25 Crup to ₹3.99 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total5,24,800 shares10,50,000 shares
Issue Size Total (Amount)up to ₹4.25 Crup to ₹3.99 Cr

IPO Timetable

Madhav Copper IPO opens on Jan 23, 2017, while Prolife Industries IPO opens on Dec 27, 2016. The closing date of Madhav Copper IPO and Prolife Industries IPO is Jan 27, 2017, and Dec 30, 2016, respectively.

 Madhav Copper IPOProlife Industries IPO
Issue OpenJan 23, 2017Dec 27, 2016
Issue CloseJan 27, 2017Dec 30, 2016
Basis Of Allotment (Tentative)Jan 04, 2017
Listing date (Tentative)Feb 06, 2017Jan 09, 2017

Financials & KPIs

Madhav Copper IPO P/E ratio is , as compared to Prolife Industries IPO P/E ratio of .

 Madhav Copper IPOProlife Industries 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 Jun 201631 Mar 201631 Mar 201531 Mar 2014
Assets15.6416.0517.6916.20
Total Income4.1922.8319.8919.06
Profit After Tax0.170.590.400.22
NET Worth3.743.583.022.54
Reserves and Surplus2.252.081.531.04
Total Borrowing8.528.6110.109.60
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00%99.66%
Promoter Shareholding (Post-Issue)73.04%72.64%
Market Cap₹219.86 Cr.₹15.56 Cr.

Shares Offered

In the Madhav Copper IPO Retail Individual Investors (RII) are offered 2,62,400 shares while in Prolife Industries 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 Prolife Industries IPO.

 Madhav Copper IPOProlife Industries IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation28,800 shares60,000 shares
QIB0 shares0 shares
NII2,62,400 shares5,25,000 shares
RII2,62,400 shares5,25,000 shares
Employee0 shares0 shares
Total5,24,800 shares10,50,000 shares

Bids Received (Subscription)

Madhav Copper IPO subscribed 10.73x in total, whereas Prolife Industries IPO subscribed 4.56x.

 Madhav Copper IPOProlife Industries IPO
NII (times)6.34x4.90x
RII (times)15.12x4.22x
Total (times)10.73x4.56x

Compare with others

Compare:

Madhav Copper IPO Vs Prolife Industries IPO