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.
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.
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 IPO | Vera Synthetic IPO |
|---|
| Issue Open | Apr 16, 2018 | Mar 28, 2018 |
| Issue Close | Apr 18, 2018 | Apr 04, 2018 |
| Basis Of Allotment (Tentative) | Apr 23, 2018 | Apr 09, 2018 |
| Initiation of Refunds (Tentative) | Apr 24, 2018 | |
| Credit of Share (Tentative) | Apr 25, 2018 | |
| Listing date (Tentative) | Apr 26, 2018 | Apr 12, 2018 |
Financials & KPIs
Mahickra Chemicals IPO P/E ratio is , as compared to Vera Synthetic IPO P/E ratio of .
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 0 shares in Mahickra Chemicals IPO and 0 shares in Vera Synthetic IPO.
| | Mahickra Chemicals IPO | Vera Synthetic IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,08,000 shares | 69,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 9,96,000 shares | 6,33,000 shares |
| RII | 9,96,000 shares | 6,33,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 19,92,000 shares | 12,66,000 shares |
Bids Received (Subscription)
Mahickra Chemicals IPO subscribed 27.85x in total, whereas Vera Synthetic IPO subscribed 3.49x.
