Comparison between Milton Industries IPO and Siddharth Education IPO.
Milton Industries IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Siddharth Education IPO is a SME Bookbuilding proposed to list at BSE SME.
| Milton Industries IPO | Siddharth Education IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Swastika Investmart Ltd. | Gretex Corporate Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Beeline Broking Ltd. | Gretex Share Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Milton Industries IPO is up to ₹13.55 Cr whereas the issue size of the Siddharth Education IPO is up to ₹10.33 Cr. The final issue price of Milton Industries IPO is ₹34.00 per share and of Siddharth Education IPO is ₹35.00 per share.
| Milton Industries IPO | Siddharth Education IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹30.00 per share | |
| Issue Price (Upper) | ₹35.00 per share | |
| Issue Price (Final) | ₹34.00 per share | ₹35.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 4000 shares |
| Fresh Issue Size | 39,84,000 shares | 29,52,000 shares |
| Fresh Issue Size (Amount) | up to ₹13.55 Cr | up to ₹10.33 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 39,84,000 shares | 29,52,000 shares |
| Issue Size Total (Amount) | up to ₹13.55 Cr | up to ₹10.33 Cr |
Milton Industries IPO opens on Sep 29, 2017, while Siddharth Education IPO opens on Sep 29, 2017. The closing date of Milton Industries IPO and Siddharth Education IPO is Oct 06, 2017, and Oct 05, 2017, respectively.
| Milton Industries IPO | Siddharth Education IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 29, 2017 | Sep 29, 2017 |
| Issue Close | Oct 06, 2017 | Oct 05, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Oct 16, 2017 | Oct 12, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Milton Industries IPO P/E ratio is , as compared to Siddharth Education IPO P/E ratio of .
| Milton Industries IPO | Siddharth Education IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹52.53 Cr. | ₹40.60 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Milton Industries IPO Retail Individual Investors (RII) are offered 19,92,000 shares while in Siddharth Education IPO retail investors are offered 19,92,000 shares. Qualified Institutional Buyers (QIB) are offered in Milton Industries IPO and in Siddharth Education IPO.
| Milton Industries IPO | Siddharth Education IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,16,000 shares | 1,56,000 shares |
| QIB | ||
| NII | 19,92,000 shares | 14,76,000 shares |
| RII | 19,92,000 shares | 14,76,000 shares |
| Employee | ||
| Others | ||
| Total | 39,84,000 shares | 29,52,000 shares |
Milton Industries IPO subscribed 14.61x in total, whereas Siddharth Education IPO subscribed 1.35x.
| Milton Industries IPO | Siddharth Education IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 11.11x | 1.86x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 18.11x | 0.84x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 14.61x | 1.35x |
