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Milestone Furniture IPO vs Suumaya Lifestyle IPO

Comparison between Milestone Furniture IPO and Suumaya Lifestyle IPO.

IPO Details

Milestone Furniture IPO is a SME Fixed Price IPO proposed to list at BSE SME while Suumaya Lifestyle IPO is a SME Fixed Price proposed to list at NSE SME.

 Milestone Furniture IPOSuumaya Lifestyle IPO
LogoMilestone Furniture IPO LogoSuumaya Lifestyle IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersMonarch Networth Capital Ltd.Gretex Corporate Services Ltd.
RegistrarKfin Technologies Ltd.Bigshare Services Pvt.Ltd.
Market MakerMonarch Networth Capital Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Milestone Furniture IPO is up to ₹14.09 Cr whereas the issue size of the Suumaya Lifestyle IPO is up to ₹13.13 Cr. The final issue price of Milestone Furniture IPO is ₹45.00 per share and of Suumaya Lifestyle IPO is ₹18.00 per share.

 Milestone Furniture IPOSuumaya Lifestyle IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹45.00 per share₹18.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares8000 shares
Fresh Issue Size31,32,000 shares14,96,000 shares
Fresh Issue Size (Amount)up to ₹14.09 Crup to ₹2.69 Cr
OFS Issue Size0 shares58,00,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹10.44 Cr
Issue Size Total31,32,000 shares72,96,000 shares
Issue Size Total (Amount)up to ₹14.09 Crup to ₹13.13 Cr

IPO Timetable

Milestone Furniture IPO opens on May 07, 2018, while Suumaya Lifestyle IPO opens on May 22, 2018. The closing date of Milestone Furniture IPO and Suumaya Lifestyle IPO is May 11, 2018, and May 25, 2018, respectively.

 Milestone Furniture IPOSuumaya Lifestyle IPO
Anchor Bid Date
Issue OpenMay 07, 2018May 22, 2018
Issue CloseMay 11, 2018May 25, 2018
Basis Of Allotment (Tentative)May 16, 2018
Initiation of Refunds (Tentative)May 17, 2018
Credit of Share (Tentative)May 18, 2018
Listing date (Tentative)May 21, 2018Jun 04, 2018
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Milestone Furniture IPO P/E ratio is , as compared to Suumaya Lifestyle IPO P/E ratio of .

 Milestone Furniture IPOSuumaya Lifestyle IPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 53,160,563 23,014,900 21,710,118 8,257,681
Total Revenue 89,467,999 55,175,651 33,229,409 3,787,759
Profit After Tax 3,247,677 1,989,136 542,472 343,186
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 3,319.14 2,716.2 3,107.12 2,201.07 1,155.37
Total Revenue 21,205.77 9,053.11 3,715.78 1,547.08 0.65
Profit After Tax 44.91 31.77 4.98 11.87 (1.41)
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Milestone Furniture IPO Retail Individual Investors (RII) are offered 15,66,000 shares while in Suumaya Lifestyle IPO retail investors are offered 15,66,000 shares. Qualified Institutional Buyers (QIB) are offered in Milestone Furniture IPO and in Suumaya Lifestyle IPO.

 Milestone Furniture IPOSuumaya Lifestyle IPO
Anchor Investor Reserveration
Market Maker Reserveration1,65,000 shares3,92,000 shares
QIB
NII15,66,000 shares36,48,000 shares
RII15,66,000 shares36,48,000 shares
Employee
Others
Total31,32,000 shares72,96,000 shares

Bids Received (Subscription)

Milestone Furniture IPO subscribed 2.13x in total, whereas Suumaya Lifestyle IPO subscribed 1.44x.

 Milestone Furniture IPOSuumaya Lifestyle IPO
QIB (times)
NII (times)0.82x1.49x
Big NII (times)
Small NII (times)
RII (times)3.45x1.39x
Employee (times)
Other (times)
Total (times)2.13x1.44x