Comparison between Mahickra Chemicals IPO and Narmada Agrobase IPO.
IPO Details
Mahickra Chemicals IPO is a SME Fixed Price IPO proposed to list at NSE SME while Narmada Agrobase IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Mahickra Chemicals IPO is up to ₹4.98 Cr whereas the issue size of the Narmada Agrobase IPO is up to ₹7.09 Cr. The final issue price of Mahickra Chemicals IPO is ₹25.00 per share and of Narmada Agrobase IPO is ₹32.00 per share.
IPO Timetable
Mahickra Chemicals IPO opens on Apr 16, 2018, while Narmada Agrobase IPO opens on Mar 28, 2018. The closing date of Mahickra Chemicals IPO and Narmada Agrobase IPO is Apr 18, 2018, and Apr 11, 2018, respectively.
| | Mahickra Chemicals IPO | Narmada Agrobase IPO |
|---|
| Issue Open | Apr 16, 2018 | Mar 28, 2018 |
| Issue Close | Apr 18, 2018 | Apr 11, 2018 |
| Basis Of Allotment (Tentative) | Apr 23, 2018 | Apr 16, 2018 |
| Initiation of Refunds (Tentative) | Apr 24, 2018 | |
| Credit of Share (Tentative) | Apr 25, 2018 | |
| Listing date (Tentative) | Apr 26, 2018 | Apr 19, 2018 |
Financials & KPIs
Mahickra Chemicals IPO P/E ratio is , as compared to Narmada Agrobase IPO P/E ratio of .
Shares Offered
In the Mahickra Chemicals IPO Retail Individual Investors (RII) are offered 9,96,000 shares while in Narmada Agrobase IPO retail investors are offered 9,96,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Mahickra Chemicals IPO and 0 shares in Narmada Agrobase IPO.
| | Mahickra Chemicals IPO | Narmada Agrobase IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,08,000 shares | 1,24,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 9,96,000 shares | 11,08,000 shares |
| RII | 9,96,000 shares | 11,08,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 19,92,000 shares | 22,16,000 shares |
Bids Received (Subscription)
Mahickra Chemicals IPO subscribed 27.85x in total, whereas Narmada Agrobase IPO subscribed 1.21x.
