Goblin India IPO vs Misquita Engineering IPO

Comparison between Goblin India IPO and Misquita Engineering IPO.

IPO Details

Goblin India IPO is a SME Fixed Price IPO proposed to list at BSE SME while Misquita Engineering IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Goblin India IPO is up to ₹14.44 Cr whereas the issue size of the Misquita Engineering IPO is up to ₹1.84 Cr. The final issue price of Goblin India IPO is ₹52.00 per share and of Misquita Engineering IPO is ₹27.00 per share.

 Goblin India IPOMisquita Engineering IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹51.00 per share
Issue Price (Upper)₹52.00 per share
Issue Price (Final)₹52.00 per share₹27.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares4000 shares
Fresh Issue Size27,76,000 shares4,08,000 shares
Fresh Issue Size (Amount)up to ₹14.44 Crup to ₹1.10 Cr
OFS Issue Size0 shares2,72,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.73 Cr
Issue Size Total27,76,000 shares6,80,000 shares
Issue Size Total (Amount)up to ₹14.44 Crup to ₹1.84 Cr

IPO Timetable

Goblin India IPO opens on Sep 30, 2019, while Misquita Engineering IPO opens on Sep 23, 2019. The closing date of Goblin India IPO and Misquita Engineering IPO is Oct 04, 2019, and Sep 25, 2019, respectively.

 Goblin India IPOMisquita Engineering IPO
Issue OpenSep 30, 2019Sep 23, 2019
Issue CloseOct 04, 2019Sep 25, 2019
Basis Of Allotment (Tentative)Oct 10, 2019Sep 30, 2019
Initiation of Refunds (Tentative)Oct 14, 2019Oct 01, 2019
Credit of Share (Tentative)Oct 14, 2019Oct 01, 2019
Listing date (Tentative)Oct 15, 2019Oct 04, 2019

Financials & KPIs

Goblin India IPO P/E ratio is , as compared to Misquita Engineering IPO P/E ratio of .

 Goblin India IPOMisquita Engineering IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 201931 Mar 201831 Mar 2017
Assets36.8033.2822.83
Total Income68.4960.9452.44
Profit After Tax3.453.090.63
EBITDA7.005.732.60
NET Worth7.984.382.02
Reserves and Surplus7.303.701.34
Total Borrowing23.1518.8316.86
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201931 Mar 201831 Mar 2017
Assets8.007.405.30
Total Income7.616.775.77
Profit After Tax0.420.250.16
EBITDA1.090.650.48
NET Worth3.843.433.18
Reserves and Surplus1.591.180.93
Total Borrowing2.972.531.06
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)73.38%100%
Promoter Shareholding (Post-Issue)52.83%73.42%
Market Cap₹54.31 Cr.₹7.27 Cr.

Shares Offered

In the Goblin India IPO Retail Individual Investors (RII) are offered 13,88,000 shares while in Misquita Engineering IPO retail investors are offered 13,88,000 shares. Qualified Institutional Buyers (QIB) are offered in Goblin India IPO and 0 shares in Misquita Engineering IPO.

 Goblin India IPOMisquita Engineering IPO
Anchor Investor Reservation0 shares
Market Maker Reservation1,48,000 shares36,000 shares
QIB0 shares
NII13,88,000 shares3,40,000 shares
RII13,88,000 shares3,40,000 shares
Employee0 shares
Total27,76,000 shares6,80,000 shares

Bids Received (Subscription)

Goblin India IPO subscribed 1.37x in total, whereas Misquita Engineering IPO subscribed 1.62x.

 Goblin India IPOMisquita Engineering IPO
NII (times)1.87x2.52x
RII (times)0.87x0.72x
Total (times)1.37x1.62x

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Goblin India IPO Vs Misquita Engineering IPO