Comparison between Midfield Industries IPO and SKS Microfinance IPO.
Midfield Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE while SKS Microfinance 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 SKS Microfinance IPO is up to ₹1,628.78 Cr. The final issue price of Midfield Industries IPO is ₹133.00 per share and of SKS Microfinance IPO is ₹985.00 per share.
| Midfield Industries IPO | SKS Microfinance IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹126.00 per share | ₹850.00 per share |
| Issue Price (Upper) | ₹133.00 per share | ₹985.00 per share |
| Issue Price (Final) | ₹133.00 per share | ₹985.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹50.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 50 shares | 7 shares |
| Fresh Issue Size | 45,00,001 shares | 74,45,323 shares |
| Fresh Issue Size (Amount) | up to ₹59.85 Cr | up to ₹722.20 Cr |
| OFS Issue Size | 0 shares | 93,46,256 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹906.59 Cr |
| Issue Size Total | 45,00,001 shares | 1,67,91,579 shares |
| Issue Size Total (Amount) | up to ₹59.85 Cr | up to ₹1,628.78 Cr |
Midfield Industries IPO opens on Jul 19, 2010, while SKS Microfinance IPO opens on Jul 28, 2010. The closing date of Midfield Industries IPO and SKS Microfinance IPO is Jul 21, 2010, and Aug 02, 2010, respectively.
| Midfield Industries IPO | SKS Microfinance IPO | |
|---|---|---|
| Anchor Bid Date | Jul 27, 2010 | |
| Issue Open | Jul 19, 2010 | Jul 28, 2010 |
| Issue Close | Jul 21, 2010 | Aug 02, 2010 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Aug 04, 2010 | Aug 16, 2010 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Midfield Industries IPO P/E ratio is , as compared to SKS Microfinance IPO P/E ratio of .
| Midfield Industries IPO | SKS Microfinance IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 79.76 | 55.8 | ||||
| Promoter Shareholding (Post-Issue) | 51.77 | 37.1 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹170.52 Cr. | ₹7089.30 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 24.16 | 18.4 |
In the Midfield Industries IPO Retail Individual Investors (RII) are offered 15,75,000 shares while in SKS Microfinance IPO retail investors are offered 15,75,000 shares. Qualified Institutional Buyers (QIB) are offered 22,50,000 shares in Midfield Industries IPO and 70,52,464 shares in SKS Microfinance IPO.
| Midfield Industries IPO | SKS Microfinance IPO | |
|---|---|---|
| Anchor Investor Reservation | 30,22,484 shares | |
| Market Maker Reservation | ||
| QIB | 22,50,000 shares | 70,52,464 shares |
| NII | 6,75,000 shares | 16,79,157 shares |
| RII | 15,75,000 shares | 50,37,474 shares |
| Employee | ||
| Others | ||
| Total | 45,00,000 shares | 1,67,91,579 shares |
Midfield Industries IPO subscribed 12.92x in total, whereas SKS Microfinance IPO subscribed 11.23x.
| Midfield Industries IPO | SKS Microfinance IPO | |
|---|---|---|
| QIB (times) | 1.86x | 20.38x |
| NII (times) | 48.41x | 18.26x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 13.51x | 2.81x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 12.92x | 11.23x |
