Comparison between MIC Electronics IPO and Nitin Fire Protection IPO.
MIC Electronics IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Nitin Fire Protection IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of MIC Electronics IPO is up to ₹76.50 Cr whereas the issue size of the Nitin Fire Protection IPO is up to ₹64.47 Cr. The final issue price of MIC Electronics IPO is ₹150.00 per share and of Nitin Fire Protection IPO is ₹190.00 per share.
| MIC Electronics IPO | Nitin Fire Protection IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹129.00 per share | ₹171.00 per share |
| Issue Price (Upper) | ₹150.00 per share | ₹190.00 per share |
| Issue Price (Final) | ₹150.00 per share | ₹190.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 45 shares | 35 shares |
| Fresh Issue Size | 51,00,000 shares | 33,93,141 shares |
| Fresh Issue Size (Amount) | up to ₹76.50 Cr | up to ₹64.47 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 | 51,00,000 shares | 33,93,141 shares |
| Issue Size Total (Amount) | up to ₹76.50 Cr | up to ₹64.47 Cr |
MIC Electronics IPO opens on Apr 30, 2007, while Nitin Fire Protection IPO opens on May 15, 2007. The closing date of MIC Electronics IPO and Nitin Fire Protection IPO is May 08, 2007, and May 18, 2007, respectively.
| MIC Electronics IPO | Nitin Fire Protection IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Apr 30, 2007 | May 15, 2007 |
| Issue Close | May 08, 2007 | May 18, 2007 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | May 30, 2007 | Jun 05, 2007 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
MIC Electronics IPO P/E ratio is , as compared to Nitin Fire Protection IPO P/E ratio of .
| MIC Electronics IPO | Nitin Fire Protection IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 49.79 | 95.06 | ||||
| Promoter Shareholding (Post-Issue) | 37.17 | 69.49 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹301.91 Cr. | ₹239.40 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 31.57 | 14.08 |
In the MIC Electronics IPO Retail Individual Investors (RII) are offered 17,85,000 shares while in Nitin Fire Protection IPO retail investors are offered 17,85,000 shares. Qualified Institutional Buyers (QIB) are offered 25,50,000 shares in MIC Electronics IPO and 16,20,000 shares in Nitin Fire Protection IPO.
| MIC Electronics IPO | Nitin Fire Protection IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 25,50,000 shares | 16,20,000 shares |
| NII | 7,65,000 shares | 4,86,000 shares |
| RII | 17,85,000 shares | 11,34,000 shares |
| Employee | 1,50,000 shares | |
| Others | ||
| Total | 51,00,000 shares | 33,90,000 shares |
MIC Electronics IPO subscribed 50.59x in total, whereas Nitin Fire Protection IPO subscribed 48.56x.
| MIC Electronics IPO | Nitin Fire Protection IPO | |
|---|---|---|
| QIB (times) | 47.49x | 49.91x |
| NII (times) | 106.34x | 101.32x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 31.11x | 30.29x |
| Employee (times) | 1.11x | |
| Other (times) | ||
| Total (times) | 50.59x | 48.56x |
