Comparison between Milton Industries IPO and Tirupati Forge IPO.
Milton Industries IPO is a SME Fixed Price IPO proposed to list at NSE SME while Tirupati Forge IPO is a SME Fixed Price proposed to list at NSE SME.
| Milton Industries IPO | Tirupati Forge IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Swastika Investmart Ltd. | Pantomath Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Beeline Broking Ltd. | Pantomath Stock Brokers 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 Tirupati Forge IPO is up to ₹4.95 Cr. The final issue price of Milton Industries IPO is ₹34.00 per share and of Tirupati Forge IPO is ₹29.00 per share.
| Milton Industries IPO | Tirupati Forge IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹34.00 per share | ₹29.00 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 | 17,08,000 shares |
| Fresh Issue Size (Amount) | up to ₹13.55 Cr | up to ₹4.95 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 | 17,08,000 shares |
| Issue Size Total (Amount) | up to ₹13.55 Cr | up to ₹4.95 Cr |
Milton Industries IPO opens on Sep 29, 2017, while Tirupati Forge IPO opens on Sep 29, 2017. The closing date of Milton Industries IPO and Tirupati Forge IPO is Oct 06, 2017, and Oct 04, 2017, respectively.
| Milton Industries IPO | Tirupati Forge IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 29, 2017 | Sep 29, 2017 |
| Issue Close | Oct 06, 2017 | Oct 04, 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 Tirupati Forge IPO P/E ratio of .
| Milton Industries IPO | Tirupati Forge IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹52.53 Cr. | ₹16.85 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Milton Industries IPO Retail Individual Investors (RII) are offered 19,92,000 shares while in Tirupati Forge IPO retail investors are offered 19,92,000 shares. Qualified Institutional Buyers (QIB) are offered in Milton Industries IPO and in Tirupati Forge IPO.
| Milton Industries IPO | Tirupati Forge IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,16,000 shares | 92,000 shares |
| QIB | ||
| NII | 19,92,000 shares | 8,54,000 shares |
| RII | 19,92,000 shares | 8,54,000 shares |
| Employee | ||
| Others | ||
| Total | 39,84,000 shares | 17,08,000 shares |
Milton Industries IPO subscribed 14.61x in total, whereas Tirupati Forge IPO subscribed 6.94x.
| Milton Industries IPO | Tirupati Forge IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 11.11x | 3.56x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 18.11x | 10.32x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 14.61x | 6.94x |
