Comparison between Kshitij Polyline IPO and Manorama Industries IPO.
IPO Details
Kshitij Polyline IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Manorama Industries IPO is a SME Bookbuilding proposed to list at BSE SME.
Issue Size and Price
The total issue size of Kshitij Polyline IPO is up to ₹8.29 Cr whereas the issue size of the Manorama Industries IPO is up to ₹60.79 Cr. The final issue price of Kshitij Polyline IPO is ₹35.00 per share and of Manorama Industries IPO is ₹188.00 per share.
IPO Timetable
Kshitij Polyline IPO opens on Sep 21, 2018, while Manorama Industries IPO opens on Sep 21, 2018. The closing date of Kshitij Polyline IPO and Manorama Industries IPO is Sep 27, 2018, and Sep 25, 2018, respectively.
| | Kshitij Polyline IPO | Manorama Industries IPO |
|---|
| Issue Open | Sep 21, 2018 | Sep 21, 2018 |
| Issue Close | Sep 27, 2018 | Sep 25, 2018 |
| Basis Of Allotment (Tentative) | Oct 03, 2018 | Oct 01, 2018 |
| Initiation of Refunds (Tentative) | Oct 04, 2018 | |
| Credit of Share (Tentative) | Oct 05, 2018 | |
| Listing date (Tentative) | Oct 08, 2018 | Oct 04, 2018 |
Financials & KPIs
Kshitij Polyline IPO P/E ratio is , as compared to Manorama Industries IPO P/E ratio of .
Shares Offered
In the Kshitij Polyline IPO Retail Individual Investors (RII) are offered 11,84,000 shares while in Manorama Industries IPO retail investors are offered 11,84,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Kshitij Polyline IPO and 5,32,200 shares in Manorama Industries IPO.
| | Kshitij Polyline IPO | Manorama Industries IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,32,000 shares | 1,71,000 shares |
| QIB | 0 shares | 5,32,200 shares |
| NII | 11,84,000 shares | 13,50,600 shares |
| RII | 11,84,000 shares | 13,50,600 shares |
| Employee | 0 shares | 0 shares |
| Total | 23,68,000 shares | 32,33,400 shares |
Bids Received (Subscription)
Kshitij Polyline IPO subscribed 1.45x in total, whereas Manorama Industries IPO subscribed 1.08x.