Marshall Machines IPO vs Sumit Woods IPO

Comparison between Marshall Machines IPO and Sumit Woods IPO.

IPO Details

Marshall Machines IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Sumit Woods IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Marshall Machines IPO is up to ₹15.42 Cr whereas the issue size of the Sumit Woods IPO is up to ₹17.25 Cr. The final issue price of Marshall Machines IPO is ₹42.00 per share and of Sumit Woods IPO is ₹45.00 per share.

 Marshall Machines IPOSumit Woods IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹43.00 per share
Issue Price (Upper)₹45.00 per share
Issue Price (Final)₹42.00 per share₹45.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares3000 shares
Fresh Issue Size36,72,000 shares38,34,000 shares
Fresh Issue Size (Amount)up to ₹15.42 Crup to ₹17.25 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total36,72,000 shares38,34,000 shares
Issue Size Total (Amount)up to ₹15.42 Crup to ₹17.25 Cr

IPO Timetable

Marshall Machines IPO opens on Aug 28, 2018, while Sumit Woods IPO opens on Aug 29, 2018. The closing date of Marshall Machines IPO and Sumit Woods IPO is Aug 30, 2018, and Aug 31, 2018, respectively.

 Marshall Machines IPOSumit Woods IPO
Issue OpenAug 28, 2018Aug 29, 2018
Issue CloseAug 30, 2018Aug 31, 2018
Basis Of Allotment (Tentative)Sep 05, 2018Sep 05, 2018
Initiation of Refunds (Tentative)Sep 06, 2018
Credit of Share (Tentative)Sep 06, 2018
Listing date (Tentative)Sep 07, 2018Sep 10, 2018

Financials & KPIs

Marshall Machines IPO P/E ratio is , as compared to Sumit Woods IPO P/E ratio of .

 Marshall Machines IPOSumit Woods IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets79.6465.0459.36
Total Income59.4250.5443.91
Profit After Tax5.001.100.42
NET Worth11.548.727.59
Reserves and Surplus15.738.056.94
Total Borrowing23.6321.0923.70
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets117.51122.43135.12
Total Income34.3346.9729.61
Profit After Tax7.753.130.75
NET Worth49.5040.2636.00
Reserves and Surplus38.6632.4728.24
Total Borrowing36.4646.8155.66
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.98%94.67%
Promoter Shareholding (Post-Issue)73.40%69.59%
Market Cap₹61.11 Cr.₹68.82 Cr.

Shares Offered

In the Marshall Machines IPO Retail Individual Investors (RII) are offered 18,36,000 shares while in Sumit Woods IPO retail investors are offered 18,36,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Marshall Machines IPO and 11,49,000 shares in Sumit Woods IPO.

 Marshall Machines IPOSumit Woods IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,98,000 shares2,19,000 shares
QIB0 shares11,49,000 shares
NII18,36,000 shares13,41,000 shares
RII18,36,000 shares13,44,000 shares
Employee0 shares0 shares
Total36,72,000 shares38,34,000 shares

Bids Received (Subscription)

Marshall Machines IPO subscribed 2.06x in total, whereas Sumit Woods IPO subscribed 6.41x.

 Marshall Machines IPOSumit Woods IPO
QIB (times)0.87x
NII (times)2.92x15.15x
RII (times)1.20x2.42x
Total (times)2.06x6.41x

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Marshall Machines IPO Vs Sumit Woods IPO