Mittal Life Style IPO vs Penta Gold IPO

Comparison between Mittal Life Style IPO and Penta Gold IPO.

IPO Details

Mittal Life Style IPO is a SME Fixed Price IPO proposed to list at NSE SME while Penta Gold IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Mittal Life Style IPO is up to ₹4.16 Cr whereas the issue size of the Penta Gold IPO is up to ₹12.65 Cr. The final issue price of Mittal Life Style IPO is ₹21.00 per share and of Penta Gold IPO is ₹37.00 per share.

 Mittal Life Style IPOPenta Gold IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹21.00 per share₹37.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares3000 shares
Fresh Issue Size19,80,000 shares34,20,000 shares
Fresh Issue Size (Amount)up to ₹4.16 Crup to ₹12.65 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total19,80,000 shares34,20,000 shares
Issue Size Total (Amount)up to ₹4.16 Crup to ₹12.65 Cr

IPO Timetable

Mittal Life Style IPO opens on Mar 19, 2018, while Penta Gold IPO opens on Mar 23, 2018. The closing date of Mittal Life Style IPO and Penta Gold IPO is Mar 21, 2018, and Mar 27, 2018, respectively.

 Mittal Life Style IPOPenta Gold IPO
Issue OpenMar 19, 2018Mar 23, 2018
Issue CloseMar 21, 2018Mar 27, 2018
Basis Of Allotment (Tentative)Mar 26, 2018Apr 20, 2018
Listing date (Tentative)Apr 02, 2018Apr 25, 2018

Financials & KPIs

Mittal Life Style IPO P/E ratio is , as compared to Penta Gold IPO P/E ratio of .

 Mittal Life Style IPOPenta Gold IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets15.5516.9412.719.19
Total Income43.8078.5759.0446.35
Profit After Tax0.300.340.010.01
NET Worth5.515.264.923.96
Reserves and Surplus0.560.31-0.03-0.04
Total Borrowing5.327.225.392.09
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets80.8776.6063.8258.78
Total Income110.48237.58244.92250.02
Profit After Tax1.311.691.781.58
NET Worth17.0615.7514.0711.03
Reserves and Surplus7.936.639.506.72
Total Borrowing54.7846.4833.6426.61
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00%100.00%
Promoter Shareholding (Post-Issue)70.21%73.63%
Market Cap₹14.81 Cr.₹47.08 Cr.

Shares Offered

In the Mittal Life Style IPO Retail Individual Investors (RII) are offered 9,90,000 shares while in Penta Gold IPO retail investors are offered 9,90,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Mittal Life Style IPO and 0 shares in Penta Gold IPO.

 Mittal Life Style IPOPenta Gold IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,20,000 shares1,80,000 shares
QIB0 shares0 shares
NII9,90,000 shares17,10,000 shares
RII9,90,000 shares17,10,000 shares
Employee0 shares0 shares
Total19,80,000 shares34,20,000 shares

Bids Received (Subscription)

Mittal Life Style IPO subscribed 1.47x in total, whereas Penta Gold IPO subscribed 0.59x.

 Mittal Life Style IPOPenta Gold IPO
NII (times)2.37x1.02x
RII (times)0.58x0.16x
Total (times)1.47x0.59x

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Mittal Life Style IPO Vs Penta Gold IPO