Comparison between Asahi Songwon Colors IPO and MIC Electronics IPO.
Asahi Songwon Colors IPO is a Mainboard Bookbuilding IPO proposed to list at BSE while MIC Electronics IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Asahi Songwon Colors IPO is up to ₹33.50 Cr whereas the issue size of the MIC Electronics IPO is up to ₹76.50 Cr. The final issue price of Asahi Songwon Colors IPO is ₹90.00 per share and of MIC Electronics IPO is ₹150.00 per share.
| Asahi Songwon Colors IPO | MIC Electronics IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹90.00 per share | ₹129.00 per share |
| Issue Price (Upper) | ₹108.00 per share | ₹150.00 per share |
| Issue Price (Final) | ₹90.00 per share | ₹150.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 60 shares | 45 shares |
| Fresh Issue Size | 37,22,222 shares | 51,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹33.50 Cr | up to ₹76.50 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 37,22,222 shares | 51,00,000 shares |
| Issue Size Total (Amount) | up to ₹33.50 Cr | up to ₹76.50 Cr |
Asahi Songwon Colors IPO opens on May 09, 2007, while MIC Electronics IPO opens on Apr 30, 2007. The closing date of Asahi Songwon Colors IPO and MIC Electronics IPO is May 15, 2007, and May 08, 2007, respectively.
| Asahi Songwon Colors IPO | MIC Electronics IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | May 09, 2007 | Apr 30, 2007 |
| Issue Close | May 15, 2007 | May 08, 2007 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Jun 04, 2007 | May 30, 2007 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Asahi Songwon Colors IPO P/E ratio is , as compared to MIC Electronics IPO P/E ratio of .
| Asahi Songwon Colors IPO | MIC Electronics IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 49.79 | ||||
| Promoter Shareholding (Post-Issue) | 69.67 | 37.17 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹110.45 Cr. | ₹301.91 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 25.85 | 31.57 |
In the Asahi Songwon Colors IPO Retail Individual Investors (RII) are offered 13,02,778 shares while in MIC Electronics IPO retail investors are offered 13,02,778 shares. Qualified Institutional Buyers (QIB) are offered 18,61,111 shares in Asahi Songwon Colors IPO and 25,50,000 shares in MIC Electronics IPO.
| Asahi Songwon Colors IPO | MIC Electronics IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 18,61,111 shares | 25,50,000 shares |
| NII | 5,58,333 shares | 7,65,000 shares |
| RII | 13,02,778 shares | 17,85,000 shares |
| Employee | ||
| Others | ||
| Total | 37,22,222 shares | 51,00,000 shares |
Asahi Songwon Colors IPO subscribed 1.85x in total, whereas MIC Electronics IPO subscribed 50.59x.
| Asahi Songwon Colors IPO | MIC Electronics IPO | |
|---|---|---|
| QIB (times) | 3.22x | 47.49x |
| NII (times) | 0.39x | 106.34x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.52x | 31.11x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.85x | 50.59x |
