Madhav Copper IPO vs Tanvi Foods IPO

Comparison between Madhav Copper IPO and Tanvi Foods IPO.

IPO Details

Madhav Copper IPO is a SME Fixed Price IPO proposed to list at NSE SME while Tanvi Foods IPO is a SME Fixed Price proposed to list at BSE 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 Tanvi Foods IPO is up to ₹6.26 Cr. The final issue price of Madhav Copper IPO is ₹81.00 per share and of Tanvi Foods IPO is ₹60.00 per share.

 Madhav Copper IPOTanvi Foods IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹81.00 per share₹60.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1600 shares2000 shares
Fresh Issue Size5,24,800 shares6,16,000 shares
Fresh Issue Size (Amount)up to ₹4.25 Crup to ₹3.70 Cr
OFS Issue Size0 shares4,28,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹2.57 Cr
Issue Size Total5,24,800 shares10,44,000 shares
Issue Size Total (Amount)up to ₹4.25 Crup to ₹6.26 Cr

IPO Timetable

Madhav Copper IPO opens on Jan 23, 2017, while Tanvi Foods IPO opens on Feb 17, 2017. The closing date of Madhav Copper IPO and Tanvi Foods IPO is Jan 27, 2017, and Feb 22, 2017, respectively.

 Madhav Copper IPOTanvi Foods IPO
Issue OpenJan 23, 2017Feb 17, 2017
Issue CloseJan 27, 2017Feb 22, 2017
Basis Of Allotment (Tentative)Feb 27, 2017
Listing date (Tentative)Feb 06, 2017Mar 02, 2017

Financials & KPIs

Madhav Copper IPO P/E ratio is , as compared to Tanvi Foods IPO P/E ratio of .

 Madhav Copper IPOTanvi Foods 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
Assets24.7322.4517.8910.75
Total Income28.5149.0934.3820.03
Profit After Tax0.541.010.870.21
NET Worth7.567.024.851.97
Reserves and Surplus4.113.582.101.22
Total Borrowing11.3910.9110.374.96
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00%87.23%
Promoter Shareholding (Post-Issue)73.04%62.59%
Market Cap₹219.86 Cr.₹24.70 Cr.

Shares Offered

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

 Madhav Copper IPOTanvi Foods IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation28,800 shares56,000 shares
QIB0 shares0 shares
NII2,62,400 shares5,22,000 shares
RII2,62,400 shares5,22,000 shares
Employee0 shares0 shares
Total5,24,800 shares10,44,000 shares

Bids Received (Subscription)

Madhav Copper IPO subscribed 10.73x in total, whereas Tanvi Foods IPO subscribed 1.62x.

 Madhav Copper IPOTanvi Foods IPO
NII (times)6.34x1.87x
RII (times)15.12x1.38x
Total (times)10.73x1.62x

Compare with others

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Madhav Copper IPO Vs Tanvi Foods IPO