Comparison between Midfield Industries IPO and Prakash Steelage IPO.
Midfield Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE while Prakash Steelage IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Midfield Industries IPO is up to ₹59.85 Cr whereas the issue size of the Prakash Steelage IPO is up to ₹68.75 Cr. The final issue price of Midfield Industries IPO is ₹133.00 per share and of Prakash Steelage IPO is ₹110.00 per share.
| Midfield Industries IPO | Prakash Steelage IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹126.00 per share | ₹100.00 per share |
| Issue Price (Upper) | ₹133.00 per share | ₹110.00 per share |
| Issue Price (Final) | ₹133.00 per share | ₹110.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 50 shares | 60 shares |
| Fresh Issue Size | 45,00,001 shares | 62,50,039 shares |
| Fresh Issue Size (Amount) | up to ₹59.85 Cr | up to ₹68.75 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 | 45,00,001 shares | 62,50,039 shares |
| Issue Size Total (Amount) | up to ₹59.85 Cr | up to ₹68.75 Cr |
Midfield Industries IPO opens on Jul 19, 2010, while Prakash Steelage IPO opens on Aug 05, 2010. The closing date of Midfield Industries IPO and Prakash Steelage IPO is Jul 21, 2010, and Aug 10, 2010, respectively.
| Midfield Industries IPO | Prakash Steelage IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jul 19, 2010 | Aug 05, 2010 |
| Issue Close | Jul 21, 2010 | Aug 10, 2010 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Aug 04, 2010 | Aug 25, 2010 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Midfield Industries IPO P/E ratio is , as compared to Prakash Steelage IPO P/E ratio of .
| Midfield Industries IPO | Prakash Steelage IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 79.76 | 100 | ||||
| Promoter Shareholding (Post-Issue) | 51.77 | 64.29 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹170.52 Cr. | ₹192.50 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 24.16 | 35.03 |
In the Midfield Industries IPO Retail Individual Investors (RII) are offered 15,75,000 shares while in Prakash Steelage IPO retail investors are offered 15,75,000 shares. Qualified Institutional Buyers (QIB) are offered 22,50,000 shares in Midfield Industries IPO and 30,75,000 shares in Prakash Steelage IPO.
| Midfield Industries IPO | Prakash Steelage IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 22,50,000 shares | 30,75,000 shares |
| NII | 6,75,000 shares | 9,22,500 shares |
| RII | 15,75,000 shares | 21,52,500 shares |
| Employee | 1,00,000 shares | |
| Others | ||
| Total | 45,00,000 shares | 62,50,000 shares |
Midfield Industries IPO subscribed 12.92x in total, whereas Prakash Steelage IPO subscribed 4.53x.
| Midfield Industries IPO | Prakash Steelage IPO | |
|---|---|---|
| QIB (times) | 1.86x | 1.27x |
| NII (times) | 48.41x | 10.91x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 13.51x | 6.62x |
| Employee (times) | 1.02x | |
| Other (times) | ||
| Total (times) | 12.92x | 4.53x |
