Comparison between Aster Silicates IPO and Midfield Industries IPO.
Aster Silicates IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Midfield Industries IPO is a Mainboard Bookbuilding proposed to list at BSE.
The total issue size of Aster Silicates IPO is up to ₹53.10 Cr whereas the issue size of the Midfield Industries IPO is up to ₹59.85 Cr. The final issue price of Aster Silicates IPO is ₹118.00 per share and of Midfield Industries IPO is ₹133.00 per share.
| Aster Silicates IPO | Midfield Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹112.00 per share | ₹126.00 per share |
| Issue Price (Upper) | ₹118.00 per share | ₹133.00 per share |
| Issue Price (Final) | ₹118.00 per share | ₹133.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 50 shares | 50 shares |
| Fresh Issue Size | 45,00,000 shares | 45,00,001 shares |
| Fresh Issue Size (Amount) | up to ₹53.10 Cr | up to ₹59.85 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 | 45,00,000 shares | 45,00,001 shares |
| Issue Size Total (Amount) | up to ₹53.10 Cr | up to ₹59.85 Cr |
Aster Silicates IPO opens on Jun 24, 2010, while Midfield Industries IPO opens on Jul 19, 2010. The closing date of Aster Silicates IPO and Midfield Industries IPO is Jun 28, 2010, and Jul 21, 2010, respectively.
| Aster Silicates IPO | Midfield Industries IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 24, 2010 | Jul 19, 2010 |
| Issue Close | Jun 28, 2010 | Jul 21, 2010 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Jul 28, 2010 | Aug 04, 2010 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Aster Silicates IPO P/E ratio is , as compared to Midfield Industries IPO P/E ratio of .
| Aster Silicates IPO | Midfield Industries IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 71.43 | 79.76 | ||||
| Promoter Shareholding (Post-Issue) | 49.8 | 51.77 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹175.36 Cr. | ₹170.52 Cr. | ||||
| ROE | ||||||
| ROCE | 16.36 | |||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 14.18 | 24.16 |
In the Aster Silicates IPO Retail Individual Investors (RII) are offered 15,75,000 shares while in Midfield Industries IPO retail investors are offered 15,75,000 shares. Qualified Institutional Buyers (QIB) are offered 22,50,000 shares in Aster Silicates IPO and 22,50,000 shares in Midfield Industries IPO.
| Aster Silicates IPO | Midfield Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 22,50,000 shares | 22,50,000 shares |
| NII | 6,75,000 shares | 6,75,000 shares |
| RII | 15,75,000 shares | 15,75,000 shares |
| Employee | ||
| Others | ||
| Total | 45,00,000 shares | 45,00,000 shares |
Aster Silicates IPO subscribed 4.71x in total, whereas Midfield Industries IPO subscribed 12.92x.
| Aster Silicates IPO | Midfield Industries IPO | |
|---|---|---|
| QIB (times) | 0.01x | 1.86x |
| NII (times) | 13.13x | 48.41x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 7.81x | 13.51x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 4.71x | 12.92x |
