Comparison between Megastar Foods IPO and Milestone Furniture IPO.
IPO Details
Megastar Foods IPO is a SME Fixed Price IPO proposed to list at BSE SME while Milestone Furniture IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Megastar Foods IPO is up to ₹7.63 Cr whereas the issue size of the Milestone Furniture IPO is up to ₹14.09 Cr. The final issue price of Megastar Foods IPO is ₹30.00 per share and of Milestone Furniture IPO is ₹45.00 per share.
IPO Timetable
Megastar Foods IPO opens on May 14, 2018, while Milestone Furniture IPO opens on May 07, 2018. The closing date of Megastar Foods IPO and Milestone Furniture IPO is May 16, 2018, and May 11, 2018, respectively.
| | Megastar Foods IPO | Milestone Furniture IPO |
|---|
| Issue Open | May 14, 2018 | May 07, 2018 |
| Issue Close | May 16, 2018 | May 11, 2018 |
| Basis Of Allotment (Tentative) | May 21, 2018 | May 16, 2018 |
| Initiation of Refunds (Tentative) | | May 17, 2018 |
| Credit of Share (Tentative) | | May 18, 2018 |
| Listing date (Tentative) | May 24, 2018 | May 21, 2018 |
Financials & KPIs
Megastar Foods IPO P/E ratio is , as compared to Milestone Furniture IPO P/E ratio of .
Shares Offered
In the Megastar Foods IPO Retail Individual Investors (RII) are offered 12,72,000 shares while in Milestone Furniture IPO retail investors are offered 12,72,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Megastar Foods IPO and 0 shares in Milestone Furniture IPO.
| | Megastar Foods IPO | Milestone Furniture IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,36,000 shares | 1,65,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 12,72,000 shares | 15,66,000 shares |
| RII | 12,72,000 shares | 15,66,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 25,44,000 shares | 31,32,000 shares |
Bids Received (Subscription)
Megastar Foods IPO subscribed 1.70x in total, whereas Milestone Furniture IPO subscribed 3.70x.
