Comparison between Loyal Equipments IPO and Majestic Research IPO.
Loyal Equipments IPO is a SME Fixed Price IPO proposed to list at BSE SME while Majestic Research IPO is a SME Fixed Price proposed to list at BSE SME.
| Loyal Equipments IPO | Majestic Research IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Hem Securities Ltd. | Pantomath Capital Advisors Pvt.Ltd. |
| Registrar | Sharex Dynamic (India) Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Hem Securities Ltd. | Choice Equity Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL |
The total issue size of Loyal Equipments IPO is up to ₹3.07 Cr whereas the issue size of the Majestic Research IPO is up to ₹1.34 Cr. The final issue price of Loyal Equipments IPO is ₹18.00 per share and of Majestic Research IPO is ₹12.75 per share.
| Loyal Equipments IPO | Majestic Research IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹18.00 per share | ₹12.75 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 8000 shares | 10000 shares |
| Fresh Issue Size | 17,04,000 shares | 10,50,000 shares |
| Fresh Issue Size (Amount) | up to ₹3.07 Cr | up to ₹1.34 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 17,04,000 shares | 10,50,000 shares |
| Issue Size Total (Amount) | up to ₹3.07 Cr | up to ₹1.34 Cr |
Loyal Equipments IPO opens on Jul 03, 2015, while Majestic Research IPO opens on Jun 30, 2015. The closing date of Loyal Equipments IPO and Majestic Research IPO is Jul 07, 2015, and Jul 02, 2015, respectively.
| Loyal Equipments IPO | Majestic Research IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jul 03, 2015 | Jun 30, 2015 |
| Issue Close | Jul 07, 2015 | Jul 02, 2015 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Jul 16, 2015 | Jul 16, 2015 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Loyal Equipments IPO P/E ratio is , as compared to Majestic Research IPO P/E ratio of .
| Loyal Equipments IPO | Majestic Research IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 100 | ||||
| Promoter Shareholding (Post-Issue) | 73.53 | 72.83 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹12.24 Cr. | ₹5.26 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 30.81 | 4.25 |
In the Loyal Equipments IPO Retail Individual Investors (RII) are offered 8,56,000 shares while in Majestic Research IPO retail investors are offered 8,56,000 shares. Qualified Institutional Buyers (QIB) are offered in Loyal Equipments IPO and in Majestic Research IPO.
| Loyal Equipments IPO | Majestic Research IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 96,000 shares | 70,000 shares |
| QIB | ||
| NII | 8,48,000 shares | 5,25,000 shares |
| RII | 8,56,000 shares | 5,25,000 shares |
| Employee | ||
| Others | ||
| Total | 17,04,000 shares | 10,50,000 shares |
Loyal Equipments IPO subscribed 2.05x in total, whereas Majestic Research IPO subscribed 1.98x.
| Loyal Equipments IPO | Majestic Research IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.33x | 1.33x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.76x | 2.63x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.05x | 1.98x |
