Comparison between IRIS Business Services IPO and Milton Industries IPO.
IPO Details
IRIS Business Services IPO is a SME Fixed Price IPO proposed to list at BSE SME while Milton Industries IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of IRIS Business Services IPO is up to ₹15.18 Cr whereas the issue size of the Milton Industries IPO is up to ₹13.55 Cr. The final issue price of IRIS Business Services IPO is ₹32.00 per share and of Milton Industries IPO is ₹34.00 per share.
IPO Timetable
IRIS Business Services IPO opens on Sep 29, 2017, while Milton Industries IPO opens on Sep 29, 2017. The closing date of IRIS Business Services IPO and Milton Industries IPO is Oct 04, 2017, and Oct 06, 2017, respectively.
Financials & KPIs
IRIS Business Services IPO P/E ratio is , as compared to Milton Industries IPO P/E ratio of .
Shares Offered
In the IRIS Business Services IPO Retail Individual Investors (RII) are offered 23,72,000 shares while in Milton Industries IPO retail investors are offered 23,72,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in IRIS Business Services IPO and 0 shares in Milton Industries IPO.
| | IRIS Business Services IPO | Milton Industries IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 2,60,000 shares | 2,16,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 23,72,000 shares | 19,92,000 shares |
| RII | 23,72,000 shares | 19,92,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 47,44,000 shares | 39,84,000 shares |
Bids Received (Subscription)
IRIS Business Services IPO subscribed 2.39x in total, whereas Milton Industries IPO subscribed 14.61x.
