India Green Reality IPO vs Majestic Research FPO

Comparison between India Green Reality IPO and Majestic Research FPO.

IPO Details

India Green Reality IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Majestic Research FPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of India Green Reality IPO is up to ₹9.84 Cr whereas the issue size of the Majestic Research FPO is up to ₹9.44 Cr. The final issue price of India Green Reality IPO is ₹30.00 per share and of Majestic Research FPO is ₹114.00 per share.

 India Green Reality IPOMajestic Research FPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹106.00 per share
Issue Price (Upper)₹114.00 per share
Issue Price (Final)₹30.00 per share₹114.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares10000 shares
Fresh Issue Size32,80,000 shares8,28,000 shares
Fresh Issue Size (Amount)up to ₹9.84 Crup to ₹9.44 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total32,80,000 shares8,28,000 shares
Issue Size Total (Amount)up to ₹9.84 Crup to ₹9.44 Cr

IPO Timetable

India Green Reality IPO opens on Sep 30, 2016, while Majestic Research FPO opens on Nov 28, 2016. The closing date of India Green Reality IPO and Majestic Research FPO is Oct 06, 2016, and Dec 05, 2016, respectively.

 India Green Reality IPOMajestic Research FPO
Issue OpenSep 30, 2016Nov 28, 2016
Issue CloseOct 06, 2016Dec 05, 2016
Basis Of Allotment (Tentative)Dec 08, 2016
Listing date (Tentative)Oct 18, 2016Dec 14, 2016

Financials & KPIs

India Green Reality IPO P/E ratio is , as compared to Majestic Research FPO P/E ratio of .

 India Green Reality IPOMajestic Research FPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201631 Mar 201531 Mar 2014
Assets110.74127.2597.82
Total Income41.371.440.95
Profit After Tax2.28-0.080.15
NET Worth5.643.372.06
Reserves and Surplus3.641.371.45
Total Borrowing8.196.756.25
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Dec 201431 Mar 201431 Mar 2013
Assets5.884.210.88
Total Income3.812.260.48
Profit After Tax0.280.130.01
NET Worth3.433.150.76
Reserves and Surplus0.420.150.01
Total Borrowing2.030.05
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)84.20%100%
Promoter Shareholding (Post-Issue)61.28%72.83%
Market Cap₹38.13 Cr.₹56.98 Cr.

Shares Offered

In the India Green Reality IPO Retail Individual Investors (RII) are offered 16,40,000 shares while in Majestic Research FPO retail investors are offered 16,40,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in India Green Reality IPO and 0 shares in Majestic Research FPO.

 India Green Reality IPOMajestic Research FPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,80,000 shares48,000 shares
QIB0 shares0 shares
NII16,40,000 shares4,14,000 shares
RII16,40,000 shares4,14,000 shares
Employee0 shares0 shares
Total32,80,000 shares8,28,000 shares

Bids Received (Subscription)

India Green Reality IPO subscribed 1.09x in total, whereas Majestic Research FPO subscribed .

Compare with others

Compare:

India Green Reality IPO Vs Majestic Research FPO