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MITCON Consultancy IPO vs Newever Trade Wings IPO

Comparison between MITCON Consultancy IPO and Newever Trade Wings IPO.

IPO Details

MITCON Consultancy IPO is a SME Fixed Price IPO proposed to list at NSE SME while Newever Trade Wings IPO is a SME Fixed Price proposed to list at BSE SME.

 MITCON Consultancy IPONewever Trade Wings IPO
LogoMITCON Consultancy IPO LogoNewever Trade Wings IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersKeynote Financial Services Ltd.Inventure Merchant Banker Services Pvt.Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Sharepro Services Pvt.Ltd.
Market MakerKeynote Capitals Ltd.Bindal Equities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL

Issue Size and Price

The total issue size of MITCON Consultancy IPO is up to ₹22.18 Cr whereas the issue size of the Newever Trade Wings IPO is up to ₹6.00 Cr. The final issue price of MITCON Consultancy IPO is ₹61.00 per share and of Newever Trade Wings IPO is ₹10.00 per share.

 MITCON Consultancy IPONewever Trade Wings IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹61.00 per share₹10.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares10000 shares
Fresh Issue Size36,36,000 shares60,00,000 shares
Fresh Issue Size (Amount)up to ₹22.18 Crup to ₹6.00 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total36,36,000 shares60,00,000 shares
Issue Size Total (Amount)up to ₹22.18 Crup to ₹6.00 Cr

IPO Timetable

MITCON Consultancy IPO opens on Oct 15, 2013, while Newever Trade Wings IPO opens on Sep 30, 2013. The closing date of MITCON Consultancy IPO and Newever Trade Wings IPO is Oct 18, 2013, and Oct 03, 2013, respectively.

 MITCON Consultancy IPONewever Trade Wings IPO
Anchor Bid Date
Issue OpenOct 15, 2013Sep 30, 2013
Issue CloseOct 18, 2013Oct 03, 2013
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)Nov 01, 2013Oct 17, 2013
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

MITCON Consultancy IPO P/E ratio is , as compared to Newever Trade Wings IPO P/E ratio of .

 MITCON Consultancy IPONewever Trade Wings IPO
Financials
Promoter Shareholding (Pre-Issue)28.65
Promoter Shareholding (Post-Issue)21.09
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW18.32%0.22%

Shares Offered

In the MITCON Consultancy IPO Retail Individual Investors (RII) are offered 19,48,000 shares while in Newever Trade Wings IPO retail investors are offered 19,48,000 shares. Qualified Institutional Buyers (QIB) are offered in MITCON Consultancy IPO and in Newever Trade Wings IPO.

 MITCON Consultancy IPONewever Trade Wings IPO
Anchor Investor Reserveration
Market Maker Reserveration2,06,000 shares3,20,000 shares
QIB
NII19,46,000 shares30,00,000 shares
RII19,48,000 shares30,00,000 shares
Employee
Others
Total38,94,000 shares60,00,000 shares

Bids Received (Subscription)

MITCON Consultancy IPO subscribed in total, whereas Newever Trade Wings IPO subscribed .

 MITCON Consultancy IPONewever Trade Wings IPO
QIB (times)
NII (times)
Big NII (times)
Small NII (times)
RII (times)
Employee (times)
Other (times)
Total (times)