Manorama Industries IPO vs Rajshree Polypack IPO

Comparison between Manorama Industries IPO and Rajshree Polypack IPO.

IPO Details

Manorama Industries IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Rajshree Polypack IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Manorama Industries IPO is up to ₹60.79 Cr whereas the issue size of the Rajshree Polypack IPO is up to ₹33.74 Cr. The final issue price of Manorama Industries IPO is ₹188.00 per share and of Rajshree Polypack IPO is ₹120.00 per share.

 Manorama Industries IPORajshree Polypack IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹181.00 per share₹119.00 per share
Issue Price (Upper)₹188.00 per share₹121.00 per share
Issue Price (Final)₹188.00 per share₹120.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size600 shares1000 shares
Fresh Issue Size32,33,400 shares28,12,000 shares
Fresh Issue Size (Amount)up to ₹60.79 Crup to ₹33.74 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total32,33,400 shares28,12,000 shares
Issue Size Total (Amount)up to ₹60.79 Crup to ₹33.74 Cr

IPO Timetable

Manorama Industries IPO opens on Sep 21, 2018, while Rajshree Polypack IPO opens on Sep 10, 2018. The closing date of Manorama Industries IPO and Rajshree Polypack IPO is Sep 25, 2018, and Sep 12, 2018, respectively.

 Manorama Industries IPORajshree Polypack IPO
Anchor Bid DateJun 08, 2018
Issue OpenSep 21, 2018Sep 10, 2018
Issue CloseSep 25, 2018Sep 12, 2018
Basis Of Allotment (Tentative)Oct 01, 2018Sep 18, 2018
Initiation of Refunds (Tentative)Sep 19, 2018
Credit of Share (Tentative)Sep 19, 2018
Listing date (Tentative)Oct 04, 2018Sep 24, 2018
Anchor Lockin End date 1Oct 18, 2018

Financials & KPIs

Manorama Industries IPO P/E ratio is , as compared to Rajshree Polypack IPO P/E ratio of .

 Manorama Industries IPORajshree Polypack IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets46.7622.6120.23
Total Income221.89146.38131.69
Profit After Tax10.361.381.08
NET Worth24.7214.3712.99
Reserves and Surplus17.1712.2110.84
Total Borrowing17.910.014.75
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets85.6681.5876.10
Total Income112.5096.4395.66
Profit After Tax9.318.877.83
EBITDA20.7321.5520.31
NET Worth46.9839.3531.20
Reserves and Surplus39.0131.3828.55
Total Borrowing14.8620.9226.26
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)85.99%69.49%
Promoter Shareholding (Post-Issue)59.69%51.19%
Market Cap₹209.20 Cr.₹134.81 Cr.

Shares Offered

In the Manorama Industries IPO Retail Individual Investors (RII) are offered 13,50,600 shares while in Rajshree Polypack IPO retail investors are offered 13,50,600 shares. Qualified Institutional Buyers (QIB) are offered 5,32,200 shares in Manorama Industries IPO and 5,72,000 shares in Rajshree Polypack IPO.

 Manorama Industries IPORajshree Polypack IPO
Anchor Investor Reservation0 shares8,33,000 shares
Market Maker Reservation1,71,000 shares1,48,000 shares
QIB5,32,200 shares5,72,000 shares
NII13,50,600 shares4,22,000 shares
RII13,50,600 shares9,85,000 shares
Employee0 shares0 shares
Total32,33,400 shares28,12,000 shares

Bids Received (Subscription)

Manorama Industries IPO subscribed 1.08x in total, whereas Rajshree Polypack IPO subscribed 3.77x.

 Manorama Industries IPORajshree Polypack IPO
QIB (times)1.56x3.61x
NII (times)1.59x13.43x
RII (times)0.37x2.92x
Total (times)1.08x3.77x

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