Comparison between MIC Electronics IPO and Orbit IPO.
MIC Electronics IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Orbit IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
| MIC Electronics IPO | Orbit IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | Mainboard | Mainboard |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE, NSE | BSE, NSE |
| Lead Managers | Edelweiss Financial Services Ltd. | Edelweiss Financial Services Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | ||
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | ||
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of MIC Electronics IPO is up to ₹76.50 Cr whereas the issue size of the Orbit IPO is up to ₹100.10 Cr. The final issue price of MIC Electronics IPO is ₹150.00 per share and of Orbit IPO is ₹110.00 per share.
| MIC Electronics IPO | Orbit IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹129.00 per share | ₹108.00 per share |
| Issue Price (Upper) | ₹150.00 per share | ₹117.00 per share |
| Issue Price (Final) | ₹150.00 per share | ₹110.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 45 shares | 50 shares |
| Fresh Issue Size | 51,00,000 shares | 91,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹76.50 Cr | up to ₹100.10 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 | 91,00,000 shares |
| Issue Size Total (Amount) | up to ₹76.50 Cr | up to ₹100.10 Cr |
MIC Electronics IPO opens on Apr 30, 2007, while Orbit IPO opens on Mar 20, 2007. The closing date of MIC Electronics IPO and Orbit IPO is May 08, 2007, and Mar 23, 2007, respectively.
| MIC Electronics IPO | Orbit IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Apr 30, 2007 | Mar 20, 2007 |
| Issue Close | May 08, 2007 | Mar 23, 2007 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | May 30, 2007 | Apr 12, 2007 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
MIC Electronics IPO P/E ratio is , as compared to Orbit IPO P/E ratio of .
| MIC Electronics IPO | Orbit IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 49.79 | 80.63 | ||||
| Promoter Shareholding (Post-Issue) | 37.17 | 48.29 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹301.91 Cr. | ₹499.08 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 31.57 | 0.09 |
In the MIC Electronics IPO Retail Individual Investors (RII) are offered 17,85,000 shares while in Orbit IPO retail investors are offered 17,85,000 shares. Qualified Institutional Buyers (QIB) are offered 25,50,000 shares in MIC Electronics IPO and 45,50,000 shares in Orbit IPO.
| MIC Electronics IPO | Orbit IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 25,50,000 shares | 45,50,000 shares |
| NII | 7,65,000 shares | 13,65,000 shares |
| RII | 17,85,000 shares | 31,85,000 shares |
| Employee | ||
| Others | ||
| Total | 51,00,000 shares | 91,00,000 shares |
MIC Electronics IPO subscribed 50.59x in total, whereas Orbit IPO subscribed 3.85x.
| MIC Electronics IPO | Orbit IPO | |
|---|---|---|
| QIB (times) | 47.49x | 5.70x |
| NII (times) | 106.34x | 4.60x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 31.11x | 0.89x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 50.59x | 3.85x |
