Comparison between Fortis Healthcare IPO and MIC Electronics IPO.
Fortis Healthcare IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while MIC Electronics IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Fortis Healthcare IPO is up to ₹494.14 Cr whereas the issue size of the MIC Electronics IPO is up to ₹76.50 Cr. The final issue price of Fortis Healthcare IPO is ₹108.00 per share and of MIC Electronics IPO is ₹150.00 per share.
| Fortis Healthcare IPO | MIC Electronics IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹92.00 per share | ₹129.00 per share |
| Issue Price (Upper) | ₹110.00 per share | ₹150.00 per share |
| Issue Price (Final) | ₹108.00 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 | 4,57,53,963 shares | 51,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹494.14 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 | 4,57,53,963 shares | 51,00,000 shares |
| Issue Size Total (Amount) | up to ₹494.14 Cr | up to ₹76.50 Cr |
Fortis Healthcare IPO opens on Apr 16, 2007, while MIC Electronics IPO opens on Apr 30, 2007. The closing date of Fortis Healthcare IPO and MIC Electronics IPO is Apr 20, 2007, and May 08, 2007, respectively.
| Fortis Healthcare IPO | MIC Electronics IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Apr 16, 2007 | Apr 30, 2007 |
| Issue Close | Apr 20, 2007 | May 08, 2007 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | May 09, 2007 | May 30, 2007 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Fortis Healthcare IPO P/E ratio is , as compared to MIC Electronics IPO P/E ratio of .
| Fortis Healthcare IPO | MIC Electronics IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 93.37 | 49.79 | ||||
| Promoter Shareholding (Post-Issue) | 74.45 | 37.17 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹2448.00 Cr. | ₹301.91 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | -34 | 31.57 |
In the Fortis Healthcare IPO Retail Individual Investors (RII) are offered 1,37,26,189 shares while in MIC Electronics IPO retail investors are offered 1,37,26,189 shares. Qualified Institutional Buyers (QIB) are offered 2,74,52,378 shares in Fortis Healthcare IPO and 25,50,000 shares in MIC Electronics IPO.
| Fortis Healthcare IPO | MIC Electronics IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 2,74,52,378 shares | 25,50,000 shares |
| NII | 45,75,396 shares | 7,65,000 shares |
| RII | 1,37,26,189 shares | 17,85,000 shares |
| Employee | ||
| Others | ||
| Total | 4,57,53,963 shares | 51,00,000 shares |
Fortis Healthcare IPO subscribed 2.78x in total, whereas MIC Electronics IPO subscribed 50.59x.
| Fortis Healthcare IPO | MIC Electronics IPO | |
|---|---|---|
| QIB (times) | 2.72x | 47.49x |
| NII (times) | 1.74x | 106.34x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 3.25x | 31.11x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.78x | 50.59x |
