Milestone Furniture IPO vs U.H.Zaveri IPO

Comparison between Milestone Furniture IPO and U.H.Zaveri IPO.

IPO Details

Milestone Furniture IPO is a SME Fixed Price IPO proposed to list at BSE SME while U.H.Zaveri IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Milestone Furniture IPO is up to ₹14.09 Cr whereas the issue size of the U.H.Zaveri IPO is up to ₹7.58 Cr. The final issue price of Milestone Furniture IPO is ₹45.00 per share and of U.H.Zaveri IPO is ₹36.00 per share.

 Milestone Furniture IPOU.H.Zaveri IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹45.00 per share₹36.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares3000 shares
Fresh Issue Size31,32,000 shares21,06,000 shares
Fresh Issue Size (Amount)up to ₹14.09 Crup to ₹7.58 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total31,32,000 shares21,06,000 shares
Issue Size Total (Amount)up to ₹14.09 Crup to ₹7.58 Cr

IPO Timetable

Milestone Furniture IPO opens on May 07, 2018, while U.H.Zaveri IPO opens on May 08, 2018. The closing date of Milestone Furniture IPO and U.H.Zaveri IPO is May 11, 2018, and May 14, 2018, respectively.

 Milestone Furniture IPOU.H.Zaveri IPO
Issue OpenMay 07, 2018May 08, 2018
Issue CloseMay 11, 2018May 14, 2018
Basis Of Allotment (Tentative)May 16, 2018May 17, 2018
Initiation of Refunds (Tentative)May 17, 2018
Credit of Share (Tentative)May 18, 2018
Listing date (Tentative)May 21, 2018May 22, 2018

Financials & KPIs

Milestone Furniture IPO P/E ratio is , as compared to U.H.Zaveri IPO P/E ratio of .

 Milestone Furniture IPOU.H.Zaveri IPO
Financials

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

Company Financials (Restated)

Period Ended31 Jan 2018
Assets8.92
Total Income13.89
Profit After Tax0.75
NET Worth5.80
Reserves and Surplus1.91
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%99.78%
Promoter Shareholding (Post-Issue)64.54%63.56%
Market Cap₹41.84 Cr.₹22.02 Cr.

Shares Offered

In the Milestone Furniture IPO Retail Individual Investors (RII) are offered 15,66,000 shares while in U.H.Zaveri IPO retail investors are offered 15,66,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Milestone Furniture IPO and 0 shares in U.H.Zaveri IPO.

 Milestone Furniture IPOU.H.Zaveri IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,65,000 shares1,14,000 shares
QIB0 shares0 shares
NII15,66,000 shares10,53,000 shares
RII15,66,000 shares10,53,000 shares
Employee0 shares0 shares
Total31,32,000 shares21,06,000 shares

Bids Received (Subscription)

Milestone Furniture IPO subscribed 3.70x in total, whereas U.H.Zaveri IPO subscribed 2.83x.

 Milestone Furniture IPOU.H.Zaveri IPO
NII (times)0.72x1.89x
RII (times)6.67x3.76x
Total (times)3.70x2.83x

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Milestone Furniture IPO Vs U.H.Zaveri IPO