Comparison between Mahindra & Mahindra Financial Services IPO and Nitco Tiles IPO.
Mahindra & Mahindra Financial Services IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Nitco Tiles IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Mahindra & Mahindra Financial Services IPO is up to ₹400.00 Cr whereas the issue size of the Nitco Tiles IPO is up to ₹168.00 Cr. The final issue price of Mahindra & Mahindra Financial Services IPO is ₹200.00 per share and of Nitco Tiles IPO is ₹168.00 per share.
| Mahindra & Mahindra Financial Services IPO | Nitco Tiles IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹170.00 per share | ₹140.00 per share |
| Issue Price (Upper) | ₹200.00 per share | ₹168.00 per share |
| Issue Price (Final) | ₹200.00 per share | ₹168.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | ||
| Fresh Issue Size | 1,00,00,000 shares | 1,00,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹200.00 Cr | up to ₹168.00 Cr |
| OFS Issue Size | 1,00,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹200.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 2,00,00,000 shares | 1,00,00,000 shares |
| Issue Size Total (Amount) | up to ₹400.00 Cr | up to ₹168.00 Cr |
Mahindra & Mahindra Financial Services IPO opens on Feb 21, 2006, while Nitco Tiles IPO opens on Feb 22, 2006. The closing date of Mahindra & Mahindra Financial Services IPO and Nitco Tiles IPO is Feb 24, 2006, and Feb 27, 2006, respectively.
| Mahindra & Mahindra Financial Services IPO | Nitco Tiles IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 21, 2006 | Feb 22, 2006 |
| Issue Close | Feb 24, 2006 | Feb 27, 2006 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Mar 17, 2006 | Mar 21, 2006 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Mahindra & Mahindra Financial Services IPO P/E ratio is 18.48, as compared to Nitco Tiles IPO P/E ratio of 27.35.
| Mahindra & Mahindra Financial Services IPO | Nitco Tiles IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 89.78 | 86.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 67.72 | 47.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 18.48 | 27.35 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1720.01 Cr. | ₹374.16 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.82 | ₹6.14 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 22.6 | 8.89 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Mahindra & Mahindra Financial Services IPO Retail Individual Investors (RII) are offered 60,00,000 shares while in Nitco Tiles IPO retail investors are offered 60,00,000 shares. Qualified Institutional Buyers (QIB) are offered 1,20,00,000 shares in Mahindra & Mahindra Financial Services IPO and 45,00,000 shares in Nitco Tiles IPO.
| Mahindra & Mahindra Financial Services IPO | Nitco Tiles IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 1,20,00,000 shares | 45,00,000 shares |
| NII | 20,00,000 shares | 13,50,000 shares |
| RII | 60,00,000 shares | 31,50,000 shares |
| Employee | 0 shares | 10,00,000 shares |
| Others | ||
| Total | 2,00,00,000 shares | 1,00,00,000 shares |
Mahindra & Mahindra Financial Services IPO subscribed in total, whereas Nitco Tiles IPO subscribed .
