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Megastar Foods IPO vs Milestone Furniture IPO

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.

 Megastar Foods IPOMilestone Furniture IPO
LogoMegastar Foods IPO LogoMilestone Furniture IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersSwastika Investmart Ltd.Monarch Networth Capital Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerBeeline Broking Ltd.Monarch Networth Capital Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

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.

 Megastar Foods IPOMilestone Furniture IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹30.00 per share₹45.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares3000 shares
Fresh Issue Size25,44,000 shares31,32,000 shares
Fresh Issue Size (Amount)up to ₹7.63 Crup to ₹14.09 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total25,44,000 shares31,32,000 shares
Issue Size Total (Amount)up to ₹7.63 Crup to ₹14.09 Cr

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 IPOMilestone Furniture IPO
Issue OpenMay 14, 2018May 07, 2018
Issue CloseMay 16, 2018May 11, 2018
Basis Of Allotment (Tentative)May 21, 2018May 16, 2018
Initiation of Refunds (Tentative)May 17, 2018
Credit of Share (Tentative)May 18, 2018
Listing date (Tentative)May 24, 2018May 21, 2018

Financials & KPIs

Megastar Foods IPO P/E ratio is , as compared to Milestone Furniture IPO P/E ratio of .

 Megastar Foods IPOMilestone Furniture IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 201731 Mar 201731 Mar 201631 Mar 2015
Assets39.1831.6030.8220.08
Total Income78.3797.7678.0444.50
Profit After Tax0.871.060.59-0.28
NET Worth8.217.346.285.69
Reserves and Surplus2.241.370.31-0.28
Total Borrowing24.5521.1822.2712.91
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Nov 201731 Mar 201731 Mar 201631 Mar 2015
Assets16.255.322.302.17
Total Income23.728.955.523.32
Profit After Tax0.800.320.200.05
NET Worth6.064.010.300.10
Reserves and Surplus2.061.010.290.09
Total Borrowing5.950.830.710.83
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)92.83%100%
Promoter Shareholding (Post-Issue)67.71%64.54%
Market Cap₹29.71 Cr.₹41.84 Cr.

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 IPOMilestone Furniture IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,36,000 shares1,65,000 shares
QIB0 shares0 shares
NII12,72,000 shares15,66,000 shares
RII12,72,000 shares15,66,000 shares
Employee0 shares0 shares
Total25,44,000 shares31,32,000 shares

Bids Received (Subscription)

Megastar Foods IPO subscribed 1.70x in total, whereas Milestone Furniture IPO subscribed 3.70x.

 Megastar Foods IPOMilestone Furniture IPO
NII (times)1.88x0.72x
RII (times)1.52x6.67x
Total (times)1.70x3.70x

Compare with others

Megastar Foods IPOMilestone Furniture IPO
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Shree Vasu Logistics IPOMegastar Foods IPO
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Sirca Paints IPOFive Core Electronics IPO
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Compare:

Megastar Foods IPO Vs Milestone Furniture IPO