Dhruv Consultancy IPO vs Mahickra Chemicals IPO

Comparison between Dhruv Consultancy IPO and Mahickra Chemicals IPO.

IPO Details

Dhruv Consultancy IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Mahickra Chemicals IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Dhruv Consultancy IPO is up to ₹21.99 Cr whereas the issue size of the Mahickra Chemicals IPO is up to ₹4.98 Cr. The final issue price of Dhruv Consultancy IPO is ₹54.00 per share and of Mahickra Chemicals IPO is ₹25.00 per share.

 Dhruv Consultancy IPOMahickra Chemicals IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹24.00 per share
Issue Price (Upper)₹25.00 per share
Issue Price (Final)₹54.00 per share₹25.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares6000 shares
Fresh Issue Size40,72,000 shares19,92,000 shares
Fresh Issue Size (Amount)up to ₹21.99 Crup to ₹4.98 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total40,72,000 shares19,92,000 shares
Issue Size Total (Amount)up to ₹21.99 Crup to ₹4.98 Cr

IPO Timetable

Dhruv Consultancy IPO opens on Apr 27, 2018, while Mahickra Chemicals IPO opens on Apr 16, 2018. The closing date of Dhruv Consultancy IPO and Mahickra Chemicals IPO is May 02, 2018, and Apr 18, 2018, respectively.

 Dhruv Consultancy IPOMahickra Chemicals IPO
Issue OpenApr 27, 2018Apr 16, 2018
Issue CloseMay 02, 2018Apr 18, 2018
Basis Of Allotment (Tentative)May 07, 2018Apr 23, 2018
Initiation of Refunds (Tentative)Apr 24, 2018
Credit of Share (Tentative)Apr 25, 2018
Listing date (Tentative)May 10, 2018Apr 26, 2018

Financials & KPIs

Dhruv Consultancy IPO P/E ratio is , as compared to Mahickra Chemicals IPO P/E ratio of .

 Dhruv Consultancy IPOMahickra Chemicals IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 201731 Mar 201731 Mar 201631 Mar 2015
Assets43.0030.5017.9312.50
Total Income33.5230.4615.159.74
Profit After Tax5.403.081.320.79
NET Worth14.098.685.524.20
Reserves and Surplus13.098.305.223.90
Total Borrowing12.689.576.303.96
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 201731 Mar 201731 Mar 201631 Mar 2015
Assets30.2825.6218.1817.82
Total Income4.3442.2634.7942.75
Profit After Tax0.020.350.150.09
EBITDA3.302.972.512.55
Reserves and Surplus1.63
Total Borrowing6.606.645.965.41
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00%67.74%
Promoter Shareholding (Post-Issue)69.94%48.07%
Market Cap₹77.20 Cr.₹18.09 Cr.

Shares Offered

In the Dhruv Consultancy IPO Retail Individual Investors (RII) are offered 20,36,000 shares while in Mahickra Chemicals IPO retail investors are offered 20,36,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Dhruv Consultancy IPO and 0 shares in Mahickra Chemicals IPO.

 Dhruv Consultancy IPOMahickra Chemicals IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,24,000 shares1,08,000 shares
QIB0 shares0 shares
NII20,36,000 shares9,96,000 shares
RII20,36,000 shares9,96,000 shares
Employee0 shares0 shares
Total40,72,000 shares19,92,000 shares

Bids Received (Subscription)

Dhruv Consultancy IPO subscribed 2.54x in total, whereas Mahickra Chemicals IPO subscribed 27.85x.

 Dhruv Consultancy IPOMahickra Chemicals IPO
NII (times)2.51x22.42x
RII (times)2.56x33.28x
Total (times)2.54x27.85x

Compare with others

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Dhruv Consultancy IPO Vs Mahickra Chemicals IPO