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Mahickra Chemicals IPO vs Vera Synthetic IPO

Comparison between Mahickra Chemicals IPO and Vera Synthetic IPO.

IPO Details

Mahickra Chemicals IPO is a SME Fixed Price IPO proposed to list at NSE SME while Vera Synthetic IPO is a SME Fixed Price proposed to list at NSE SME.

 Mahickra Chemicals IPOVera Synthetic IPO
LogoMahickra Chemicals IPO LogoVera Synthetic IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMENSE SME
Lead ManagersPantomath Capital Advisors Pvt.Ltd.Pantomath Capital Advisors Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerPantomath Stock Brokers Pvt.Ltd.Pantomath Stock Brokers Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Mahickra Chemicals IPO is up to ₹4.98 Cr whereas the issue size of the Vera Synthetic IPO is up to ₹5.06 Cr. The final issue price of Mahickra Chemicals IPO is ₹25.00 per share and of Vera Synthetic IPO is ₹40.00 per share.

 Mahickra Chemicals IPOVera Synthetic 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)₹25.00 per share₹40.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size6000 shares3000 shares
Fresh Issue Size19,92,000 shares12,66,000 shares
Fresh Issue Size (Amount)up to ₹4.98 Crup to ₹5.06 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total19,92,000 shares12,66,000 shares
Issue Size Total (Amount)up to ₹4.98 Crup to ₹5.06 Cr

IPO Timetable

Mahickra Chemicals IPO opens on Apr 16, 2018, while Vera Synthetic IPO opens on Mar 28, 2018. The closing date of Mahickra Chemicals IPO and Vera Synthetic IPO is Apr 18, 2018, and Apr 04, 2018, respectively.

 Mahickra Chemicals IPOVera Synthetic IPO
Anchor Bid Date
Issue OpenApr 16, 2018Mar 28, 2018
Issue CloseApr 18, 2018Apr 04, 2018
Basis Of Allotment (Tentative)Apr 23, 2018
Initiation of Refunds (Tentative)Apr 24, 2018
Credit of Share (Tentative)Apr 25, 2018
Listing date (Tentative)Apr 26, 2018Apr 12, 2018
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Mahickra Chemicals IPO P/E ratio is , as compared to Vera Synthetic IPO P/E ratio of .

 Mahickra Chemicals IPOVera Synthetic IPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lacs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 2562.24 1817.89 1781.93 2089.50 1063.95
Total Revenue 4225.85 3478.82 4275.15 4355.99 1932.94
Profit After Tax 35.27 15.17 8.60 17.36 9.31
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lacs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 863.60 731.78 705.79 850.54 909.84
Total Revenue 1,844.22 2,195.12 2,449.42 1,975.76 2,202.59
Profit After Tax 34.43 27.40 4.78 32.86 18.00
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Mahickra Chemicals IPO Retail Individual Investors (RII) are offered 9,96,000 shares while in Vera Synthetic IPO retail investors are offered 9,96,000 shares. Qualified Institutional Buyers (QIB) are offered in Mahickra Chemicals IPO and in Vera Synthetic IPO.

 Mahickra Chemicals IPOVera Synthetic IPO
Anchor Investor Reserveration
Market Maker Reserveration1,08,000 shares69,000 shares
QIB
NII9,96,000 shares6,33,000 shares
RII9,96,000 shares6,33,000 shares
Employee
Others
Total19,92,000 shares12,66,000 shares

Bids Received (Subscription)

Mahickra Chemicals IPO subscribed 27.85x in total, whereas Vera Synthetic IPO subscribed 3.49x.

 Mahickra Chemicals IPOVera Synthetic IPO
QIB (times)
NII (times)22.42x3.29x
Big NII (times)
Small NII (times)
RII (times)9.88x3.70x
Employee (times)
Other (times)
Total (times)27.85x3.49x