Comparison between Megastar Foods IPO and Sirca Paints IPO.
IPO Details
Megastar Foods IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Sirca Paints IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of Megastar Foods IPO is up to ₹7.63 Cr whereas the issue size of the Sirca Paints IPO is up to ₹74.01 Cr. The final issue price of Megastar Foods IPO is ₹30.00 per share and of Sirca Paints IPO is ₹160.00 per share.
IPO Timetable
Megastar Foods IPO opens on May 14, 2018, while Sirca Paints IPO opens on May 16, 2018. The closing date of Megastar Foods IPO and Sirca Paints IPO is May 16, 2018, and May 22, 2018, respectively.
| | Megastar Foods IPO | Sirca Paints IPO |
|---|
| Anchor Bid Date | | May 15, 2018 |
| Issue Open | May 14, 2018 | May 16, 2018 |
| Issue Close | May 16, 2018 | May 22, 2018 |
| Basis Of Allotment (Tentative) | May 21, 2018 | May 25, 2018 |
| Listing date (Tentative) | May 24, 2018 | May 30, 2018 |
| Anchor Lockin End date 1 | | Jun 21, 2018 |
Financials & KPIs
Megastar Foods IPO P/E ratio is , as compared to Sirca Paints IPO P/E ratio of .
Shares Offered
In the Megastar Foods IPO Retail Individual Investors (RII) are offered 12,72,000 shares while in Sirca Paints IPO retail investors are offered 12,72,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Megastar Foods IPO and 9,28,000 shares in Sirca Paints IPO.
| | Megastar Foods IPO | Sirca Paints IPO |
|---|
| Anchor Investor Reservation | 0 shares | 13,70,400 shares |
| Market Maker Reservation | 1,36,000 shares | 2,44,000 shares |
| QIB | 0 shares | 9,28,000 shares |
| NII | 12,72,000 shares | 6,99,200 shares |
| RII | 12,72,000 shares | 16,28,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 25,44,000 shares | 46,25,600 shares |
Bids Received (Subscription)
Megastar Foods IPO subscribed 1.70x in total, whereas Sirca Paints IPO subscribed 8.32x.
