Majestic Research FPO vs Prolife Industries IPO

Comparison between Majestic Research FPO and Prolife Industries IPO.

IPO Details

Majestic Research FPO is a SME Fixed Price IPO proposed to list at BSE SME while Prolife Industries IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Majestic Research FPO is up to ₹9.44 Cr whereas the issue size of the Prolife Industries IPO is up to ₹3.99 Cr. The final issue price of Majestic Research FPO is ₹114.00 per share and of Prolife Industries IPO is ₹38.00 per share.

 Majestic Research FPOProlife Industries IPO
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)₹114.00 per share₹38.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size10000 shares3000 shares
Fresh Issue Size8,28,000 shares10,50,000 shares
Fresh Issue Size (Amount)up to ₹9.44 Crup to ₹3.99 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total8,28,000 shares10,50,000 shares
Issue Size Total (Amount)up to ₹9.44 Crup to ₹3.99 Cr

IPO Timetable

Majestic Research FPO opens on Nov 28, 2016, while Prolife Industries IPO opens on Dec 27, 2016. The closing date of Majestic Research FPO and Prolife Industries IPO is Dec 05, 2016, and Dec 30, 2016, respectively.

 Majestic Research FPOProlife Industries IPO
Issue OpenNov 28, 2016Dec 27, 2016
Issue CloseDec 05, 2016Dec 30, 2016
Basis Of Allotment (Tentative)Dec 08, 2016Jan 04, 2017
Listing date (Tentative)Dec 14, 2016Jan 09, 2017

Financials & KPIs

Majestic Research FPO P/E ratio is , as compared to Prolife Industries IPO P/E ratio of .

 Majestic Research FPOProlife Industries IPO
Financials

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

Company Financials (Restated)

Period Ended30 Jun 201631 Mar 201631 Mar 201531 Mar 2014
Assets15.6416.0517.6916.20
Total Income4.1922.8319.8919.06
Profit After Tax0.170.590.400.22
NET Worth3.743.583.022.54
Reserves and Surplus2.252.081.531.04
Total Borrowing8.528.6110.109.60
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%99.66%
Promoter Shareholding (Post-Issue)72.83%72.64%
Market Cap₹56.98 Cr.₹15.56 Cr.

Shares Offered

In the Majestic Research FPO Retail Individual Investors (RII) are offered 4,14,000 shares while in Prolife Industries IPO retail investors are offered 4,14,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Majestic Research FPO and 0 shares in Prolife Industries IPO.

 Majestic Research FPOProlife Industries IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation48,000 shares60,000 shares
QIB0 shares0 shares
NII4,14,000 shares5,25,000 shares
RII4,14,000 shares5,25,000 shares
Employee0 shares0 shares
Total8,28,000 shares10,50,000 shares

Bids Received (Subscription)

Majestic Research FPO subscribed in total, whereas Prolife Industries IPO subscribed 4.56x.

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Majestic Research FPO Vs Prolife Industries IPO