Milton Industries IPO vs Reliable Data Services IPO

Comparison between Milton Industries IPO and Reliable Data Services IPO.

IPO Details

Milton Industries IPO is a SME Fixed Price IPO proposed to list at NSE SME while Reliable Data Services IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Milton Industries IPO is up to ₹13.55 Cr whereas the issue size of the Reliable Data Services IPO is up to ₹14.02 Cr. The final issue price of Milton Industries IPO is ₹34.00 per share and of Reliable Data Services IPO is ₹57.00 per share.

 Milton Industries IPOReliable Data Services IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹34.00 per share₹57.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares2000 shares
Fresh Issue Size39,84,000 shares24,60,000 shares
Fresh Issue Size (Amount)up to ₹13.55 Crup to ₹14.02 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total39,84,000 shares24,60,000 shares
Issue Size Total (Amount)up to ₹13.55 Crup to ₹14.02 Cr

IPO Timetable

Milton Industries IPO opens on Sep 29, 2017, while Reliable Data Services IPO opens on Sep 27, 2017. The closing date of Milton Industries IPO and Reliable Data Services IPO is Oct 06, 2017, and Oct 03, 2017, respectively.

 Milton Industries IPOReliable Data Services IPO
Issue OpenSep 29, 2017Sep 27, 2017
Issue CloseOct 06, 2017Oct 03, 2017
Basis Of Allotment (Tentative)Oct 11, 2017Oct 09, 2017
Listing date (Tentative)Oct 16, 2017Oct 11, 2017

Financials & KPIs

Milton Industries IPO P/E ratio is , as compared to Reliable Data Services IPO P/E ratio of 30.

 Milton Industries IPOReliable Data Services IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets55.9348.5247.67
Total Income43.6342.0342.28
Profit After Tax1.150.220.63
NET Worth13.3412.1711.92
Reserves and Surplus8.347.176.92
Total Borrowing21.0321.9419.29
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets17.9915.8114.82
Total Income20.5119.0118.97
Profit After Tax0.971.021.40
NET Worth8.617.646.64
Reserves and Surplus7.616.645.64
Total Borrowing5.824.704.58
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.39%100%
Promoter Shareholding (Post-Issue)72.37%69.77%
P/E Ratio30
Market Cap₹52.53 Cr.₹49.02 Cr.

Shares Offered

In the Milton Industries IPO Retail Individual Investors (RII) are offered 19,92,000 shares while in Reliable Data Services IPO retail investors are offered 19,92,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Milton Industries IPO and 0 shares in Reliable Data Services IPO.

 Milton Industries IPOReliable Data Services IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,16,000 shares1,40,000 shares
QIB0 shares0 shares
NII19,92,000 shares12,30,000 shares
RII19,92,000 shares12,30,000 shares
Employee0 shares0 shares
Total39,84,000 shares24,60,000 shares

Bids Received (Subscription)

Milton Industries IPO subscribed 14.61x in total, whereas Reliable Data Services IPO subscribed 47.65x.

 Milton Industries IPOReliable Data Services IPO
NII (times)11.11x81.72x
RII (times)18.11x13.57x
Total (times)14.61x47.65x

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