IFL Enterprises IPO vs Manomay Tex IPO

Comparison between IFL Enterprises IPO and Manomay Tex IPO.

IPO Details

IFL Enterprises IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Manomay Tex IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of IFL Enterprises IPO is up to ₹3.07 Cr whereas the issue size of the Manomay Tex IPO is up to ₹10.82 Cr. The final issue price of IFL Enterprises IPO is ₹20.00 per share and of Manomay Tex IPO is ₹30.00 per share.

 IFL Enterprises IPOManomay Tex IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹27.00 per share
Issue Price (Upper)₹30.00 per share
Issue Price (Final)₹20.00 per share₹30.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares4000 shares
Fresh Issue Size15,36,000 shares36,08,000 shares
Fresh Issue Size (Amount)up to ₹3.07 Crup to ₹10.82 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total15,36,000 shares36,08,000 shares
Issue Size Total (Amount)up to ₹3.07 Crup to ₹10.82 Cr

IPO Timetable

IFL Enterprises IPO opens on Mar 07, 2017, while Manomay Tex IPO opens on Mar 15, 2017. The closing date of IFL Enterprises IPO and Manomay Tex IPO is Mar 10, 2017, and Mar 20, 2017, respectively.

 IFL Enterprises IPOManomay Tex IPO
Issue OpenMar 07, 2017Mar 15, 2017
Issue CloseMar 10, 2017Mar 20, 2017
Basis Of Allotment (Tentative)Mar 16, 2017Mar 23, 2017
Listing date (Tentative)Mar 21, 2017Mar 28, 2017

Financials & KPIs

IFL Enterprises IPO P/E ratio is , as compared to Manomay Tex IPO P/E ratio of .

 IFL Enterprises IPOManomay Tex IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets5.843.114.082.38
Total Income1.860.390.080.08
Profit After Tax0.090.130.000.00
NET Worth3.093.002.322.32
Reserves and Surplus1.991.902.252.25
Total Borrowing2.61
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets106.0396.2947.6444.62
Total Income145.01218.19166.15101.75
Profit After Tax1.651.340.22-0.76
NET Worth22.1020.0314.0811.23
Reserves and Surplus20.3318.2512.708.88
Total Borrowing51.3753.1620.5422.24
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)70.57%83.39%
Promoter Shareholding (Post-Issue)32.35%58.38%
Market Cap₹6.00 Cr.₹38.05 Cr.

Shares Offered

In the IFL Enterprises IPO Retail Individual Investors (RII) are offered 7,68,000 shares while in Manomay Tex IPO retail investors are offered 7,68,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in IFL Enterprises IPO and 0 shares in Manomay Tex IPO.

 IFL Enterprises IPOManomay Tex IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation90,000 shares1,96,000 shares
QIB0 shares0 shares
NII7,68,000 shares18,04,000 shares
RII7,68,000 shares18,04,000 shares
Employee0 shares0 shares
Total15,36,000 shares36,08,000 shares

Bids Received (Subscription)

IFL Enterprises IPO subscribed 1.56x in total, whereas Manomay Tex IPO subscribed 3.72x.

 IFL Enterprises IPOManomay Tex IPO
NII (times)1.23x2.71x
RII (times)1.88x4.74x
Total (times)1.56x3.72x

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IFL Enterprises IPO Vs Manomay Tex IPO