Comparison between MSTC IPO and Polycab India IPO.
MSTC IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Polycab India IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of MSTC IPO is up to ₹211.04 Cr whereas the issue size of the Polycab India IPO is up to ₹1,345.26 Cr. The final issue price of MSTC IPO is ₹120.00 per share and of Polycab India IPO is ₹538.00 per share.
| MSTC IPO | Polycab India IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹120.00 per share | ₹533.00 per share |
| Issue Price (Upper) | ₹128.00 per share | ₹538.00 per share |
| Issue Price (Final) | ₹120.00 per share | ₹538.00 per share |
| Discount (Retail) | ₹5.50 per share | ₹0.00 per share |
| Discount (Employee) | ₹5.50 per share | ₹53.00 per share |
| Market Lot Size | 90 shares | 27 shares |
| Fresh Issue Size | 0 shares | 74,40,067 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹400.00 Cr |
| OFS Issue Size | 1,76,70,400 shares | 1,75,82,000 shares |
| OFS Issue Size (Amount) | up to ₹211.04 Cr | up to ₹945.26 Cr |
| Issue Size Total | 1,76,70,400 shares | 2,50,22,067 shares |
| Issue Size Total (Amount) | up to ₹211.04 Cr | up to ₹1,345.26 Cr |
MSTC IPO opens on Mar 13, 2019, while Polycab India IPO opens on Apr 05, 2019. The closing date of MSTC IPO and Polycab India IPO is Mar 20, 2019, and Apr 09, 2019, respectively.
| MSTC IPO | Polycab India IPO | |
|---|---|---|
| Anchor Bid Date | Apr 04, 2019 | |
| Issue Open | Mar 13, 2019 | Apr 05, 2019 |
| Issue Close | Mar 20, 2019 | Apr 09, 2019 |
| Basis Of Allotment (Tentative) | Mar 25, 2019 | Apr 12, 2019 |
| Initiation of Refunds (Tentative) | Mar 26, 2019 | Apr 15, 2019 |
| Credit of Share (Tentative) | Mar 28, 2019 | Apr 16, 2019 |
| Listing date (Tentative) | Mar 29, 2019 | Apr 16, 2019 |
| Anchor Lockin End date 1 | May 12, 2019 | |
| Anchor Lockin End date 2 | Jul 11, 2019 |
MSTC IPO P/E ratio is , as compared to Polycab India IPO P/E ratio of .
| MSTC IPO | Polycab India IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 89.85 | 78.94 | ||||
| Promoter Shareholding (Post-Issue) | 64.75 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹844.80 Cr. | ₹7997.15 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the MSTC IPO Retail Individual Investors (RII) are offered 17,60,000 shares while in Polycab India IPO retail investors are offered 17,60,000 shares. Qualified Institutional Buyers (QIB) are offered 1,32,00,000 shares in MSTC IPO and 49,69,413 shares in Polycab India IPO.
| MSTC IPO | Polycab India IPO | |
|---|---|---|
| Anchor Investor Reservation | 74,54,119 shares | |
| Market Maker Reservation | ||
| QIB | 1,32,00,000 shares | 49,69,413 shares |
| NII | 26,40,000 shares | 37,27,061 shares |
| RII | 17,60,000 shares | 86,96,474 shares |
| Employee | 70,400 shares | 1,75,000 shares |
| Others | ||
| Total | 1,76,70,400 shares | 2,50,22,067 shares |
MSTC IPO subscribed 1.46x in total, whereas Polycab India IPO subscribed 51.88x.
| MSTC IPO | Polycab India IPO | |
|---|---|---|
| QIB (times) | 1.13x | 92.44x |
| NII (times) | 2.15x | 110.42x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.95x | 4.50x |
| Employee (times) | 1.54x | 3.19x |
| Other (times) | ||
| Total (times) | 1.46x | 51.88x |
