Comparison between IRCON International IPO and MSTC IPO.
IRCON International IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while MSTC IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of IRCON International IPO is up to ₹466.93 Cr whereas the issue size of the MSTC IPO is up to ₹211.04 Cr. The final issue price of IRCON International IPO is ₹475.00 per share and of MSTC IPO is ₹120.00 per share.
| IRCON International IPO | MSTC IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹470.00 per share | ₹120.00 per share |
| Issue Price (Upper) | ₹475.00 per share | ₹128.00 per share |
| Issue Price (Final) | ₹475.00 per share | ₹120.00 per share |
| Discount (Retail) | ₹10.00 per share | ₹5.50 per share |
| Discount (Employee) | ₹10.00 per share | ₹5.50 per share |
| Market Lot Size | 30 shares | 90 shares |
| Fresh Issue Size | 0 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 99,05,157 shares | 1,76,70,400 shares |
| OFS Issue Size (Amount) | up to ₹466.93 Cr | up to ₹211.04 Cr |
| Issue Size Total | 99,05,157 shares | 1,76,70,400 shares |
| Issue Size Total (Amount) | up to ₹466.93 Cr | up to ₹211.04 Cr |
IRCON International IPO opens on Sep 17, 2018, while MSTC IPO opens on Mar 13, 2019. The closing date of IRCON International IPO and MSTC IPO is Sep 19, 2018, and Mar 20, 2019, respectively.
| IRCON International IPO | MSTC IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 17, 2018 | Mar 13, 2019 |
| Issue Close | Sep 19, 2018 | Mar 20, 2019 |
| Basis Of Allotment (Tentative) | Sep 25, 2018 | Mar 25, 2019 |
| Initiation of Refunds (Tentative) | Sep 26, 2018 | Mar 26, 2019 |
| Credit of Share (Tentative) | Sep 26, 2018 | Mar 28, 2019 |
| Listing date (Tentative) | Sep 28, 2018 | Mar 29, 2019 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
IRCON International IPO P/E ratio is , as compared to MSTC IPO P/E ratio of .
| IRCON International IPO | MSTC IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.71 | 89.85 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 89.18 | 64.75 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹4467.45 Cr. | ₹844.80 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the IRCON International IPO Retail Individual Investors (RII) are offered 32,91,805 shares while in MSTC IPO retail investors are offered 32,91,805 shares. Qualified Institutional Buyers (QIB) are offered 47,02,578 shares in IRCON International IPO and 1,32,00,000 shares in MSTC IPO.
| IRCON International IPO | MSTC IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 47,02,578 shares | 1,32,00,000 shares |
| NII | 14,10,774 shares | 26,40,000 shares |
| RII | 32,91,805 shares | 17,60,000 shares |
| Employee | 5,00,000 shares | 70,400 shares |
| Others | ||
| Total | 99,05,157 shares | 1,76,70,400 shares |
IRCON International IPO subscribed 9.77x in total, whereas MSTC IPO subscribed 1.46x.
| IRCON International IPO | MSTC IPO | |
|---|---|---|
| QIB (times) | 12.29x | 1.13x |
| NII (times) | 4.92x | 2.15x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 9.66x | 2.95x |
| Employee (times) | 0.36x | 1.54x |
| Other (times) | ||
| Total (times) | 9.77x | 1.46x |
