Manav infra projects IPO vs Sagar Diamonds IPO

Comparison between Manav infra projects IPO and Sagar Diamonds IPO.

IPO Details

Manav infra projects IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Sagar Diamonds IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Manav infra projects IPO is up to ₹5.23 Cr whereas the issue size of the Sagar Diamonds IPO is up to ₹14.45 Cr. The final issue price of Manav infra projects IPO is ₹30.00 per share and of Sagar Diamonds IPO is ₹45.00 per share.

 Manav infra projects IPOSagar Diamonds IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹40.00 per share
Issue Price (Upper)₹45.00 per share
Issue Price (Final)₹30.00 per share₹45.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares3000 shares
Fresh Issue Size17,44,000 shares32,10,000 shares
Fresh Issue Size (Amount)up to ₹5.23 Crup to ₹14.45 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total17,44,000 shares32,10,000 shares
Issue Size Total (Amount)up to ₹5.23 Crup to ₹14.45 Cr

IPO Timetable

Manav infra projects IPO opens on Sep 04, 2017, while Sagar Diamonds IPO opens on Sep 14, 2017. The closing date of Manav infra projects IPO and Sagar Diamonds IPO is Sep 08, 2017, and Sep 18, 2017, respectively.

 Manav infra projects IPOSagar Diamonds IPO
Issue OpenSep 04, 2017Sep 14, 2017
Issue CloseSep 08, 2017Sep 18, 2017
Basis Of Allotment (Tentative)Sep 21, 2017
Listing date (Tentative)Sep 18, 2017Sep 26, 2017

Financials & KPIs

Manav infra projects IPO P/E ratio is , as compared to Sagar Diamonds IPO P/E ratio of 120.05.

 Manav infra projects IPOSagar Diamonds IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets13.0313.8311.10
Total Income18.3016.4416.23
Profit After Tax1.030.610.00
NET Worth4.864.354.24
Reserves and Surplus3.852.822.25
Total Borrowing3.633.312.58
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended20 Jun 201731 Mar 201731 Mar 2016
Assets41.4610.190.01
Total Income10.4510.00
Profit After Tax0.300.35-0.00
NET Worth21.580.360.01
Reserves and Surplus12.320.35-0.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.98%100.00%
Promoter Shareholding (Post-Issue)73.13%73.26%
P/E Ratio120.05
Market Cap₹20.51 Cr.₹56.90 Cr.
ROE97.80
EPS₹0.37
RoNW97.80

Shares Offered

In the Manav infra projects IPO Retail Individual Investors (RII) are offered 8,72,000 shares while in Sagar Diamonds IPO retail investors are offered 8,72,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Manav infra projects IPO and in Sagar Diamonds IPO.

 Manav infra projects IPOSagar Diamonds IPO
Anchor Investor Reservation0 shares
Market Maker Reservation92,000 shares1,71,000 shares
QIB0 shares
NII8,72,000 shares16,05,000 shares
RII8,72,000 shares16,05,000 shares
Employee0 shares
Total17,44,000 shares32,10,000 shares

Bids Received (Subscription)

Manav infra projects IPO subscribed 2.95x in total, whereas Sagar Diamonds IPO subscribed 10.03x.

 Manav infra projects IPOSagar Diamonds IPO
NII (times)0.57x7.54x
RII (times)5.33x12.59x
Total (times)2.95x10.03x

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Manav infra projects IPO Vs Sagar Diamonds IPO