Comparison between MITCON Consultancy IPO and Subh Tex IPO.
MITCON Consultancy IPO is a SME Fixed Price IPO proposed to list at NSE SME while Subh Tex IPO is a SME Fixed Price proposed to list at BSE SME.
| MITCON Consultancy IPO | Subh Tex IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Keynote Financial Services Ltd. IDBI CAPITAL MARKETS & SECURITIES LTD. | Basan Financial Services Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Sharepro Services Pvt.Ltd. |
| Market Maker | Keynote Capitals Ltd. | Basan Equity Broking Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL |
The total issue size of MITCON Consultancy IPO is up to ₹22.18 Cr whereas the issue size of the Subh Tex IPO is up to ₹3.32 Cr. The final issue price of MITCON Consultancy IPO is ₹61.00 per share and of Subh Tex IPO is ₹10.00 per share.
| MITCON Consultancy IPO | Subh Tex 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 Size | 2000 shares | 10000 shares |
| Fresh Issue Size | 36,36,000 shares | 33,20,000 shares |
| Fresh Issue Size (Amount) | up to ₹22.18 Cr | up to ₹3.32 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 | 36,36,000 shares | 33,20,000 shares |
| Issue Size Total (Amount) | up to ₹22.18 Cr | up to ₹3.32 Cr |
MITCON Consultancy IPO opens on Oct 15, 2013, while Subh Tex IPO opens on Sep 30, 2013. The closing date of MITCON Consultancy IPO and Subh Tex IPO is Oct 18, 2013, and Oct 07, 2013, respectively.
| MITCON Consultancy IPO | Subh Tex IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Oct 15, 2013 | Sep 30, 2013 |
| Issue Close | Oct 18, 2013 | Oct 07, 2013 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Nov 01, 2013 | Oct 22, 2013 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
MITCON Consultancy IPO P/E ratio is , as compared to Subh Tex IPO P/E ratio of .
| MITCON Consultancy IPO | Subh Tex IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 0.5733 | |||||
| Promoter Shareholding (Post-Issue) | 0.3909 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹73.81 Cr. | ₹11.00 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 18.32 | 0.83 |
In the MITCON Consultancy IPO Retail Individual Investors (RII) are offered 19,48,000 shares while in Subh Tex IPO retail investors are offered 19,48,000 shares. Qualified Institutional Buyers (QIB) are offered in MITCON Consultancy IPO and in Subh Tex IPO.
| MITCON Consultancy IPO | Subh Tex IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,06,000 shares | 1,80,000 shares |
| QIB | ||
| NII | 19,46,000 shares | 16,60,000 shares |
| RII | 19,48,000 shares | 16,60,000 shares |
| Employee | ||
| Others | ||
| Total | 38,94,000 shares | 33,20,000 shares |
MITCON Consultancy IPO subscribed 0.93x in total, whereas Subh Tex IPO subscribed 1.25x.
| MITCON Consultancy IPO | Subh Tex IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.74x | 1.03x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.13x | 1.48x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 0.93x | 1.25x |
