Comparison between MSTC IPO and Neogen Chemicals IPO.
MSTC IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Neogen Chemicals 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 Neogen Chemicals IPO is up to ₹132.35 Cr. The final issue price of MSTC IPO is ₹120.00 per share and of Neogen Chemicals IPO is ₹215.00 per share.
| MSTC IPO | Neogen Chemicals IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹120.00 per share | ₹212.00 per share |
| Issue Price (Upper) | ₹128.00 per share | ₹215.00 per share |
| Issue Price (Final) | ₹120.00 per share | ₹215.00 per share |
| Discount (Retail) | ₹5.50 per share | ₹0.00 per share |
| Discount (Employee) | ₹5.50 per share | |
| Market Lot Size | 90 shares | 65 shares |
| Fresh Issue Size | 0 shares | 32,55,813 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹70.00 Cr |
| OFS Issue Size | 1,76,70,400 shares | 29,00,000 shares |
| OFS Issue Size (Amount) | up to ₹211.04 Cr | up to ₹62.35 Cr |
| Issue Size Total | 1,76,70,400 shares | 61,55,813 shares |
| Issue Size Total (Amount) | up to ₹211.04 Cr | up to ₹132.35 Cr |
MSTC IPO opens on Mar 13, 2019, while Neogen Chemicals IPO opens on Apr 24, 2019. The closing date of MSTC IPO and Neogen Chemicals IPO is Mar 20, 2019, and Apr 26, 2019, respectively.
| MSTC IPO | Neogen Chemicals IPO | |
|---|---|---|
| Anchor Bid Date | Apr 23, 2019 | |
| Issue Open | Mar 13, 2019 | Apr 24, 2019 |
| Issue Close | Mar 20, 2019 | Apr 26, 2019 |
| Basis Of Allotment (Tentative) | Mar 25, 2019 | May 03, 2019 |
| Initiation of Refunds (Tentative) | Mar 26, 2019 | May 06, 2019 |
| Credit of Share (Tentative) | Mar 28, 2019 | May 07, 2019 |
| Listing date (Tentative) | Mar 29, 2019 | May 08, 2019 |
| Anchor Lockin End date 1 | Jun 02, 2019 | |
| Anchor Lockin End date 2 | Aug 01, 2019 |
MSTC IPO P/E ratio is , as compared to Neogen Chemicals IPO P/E ratio of .
| MSTC IPO | Neogen Chemicals IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 89.85 | |||||
| Promoter Shareholding (Post-Issue) | 64.75 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹844.80 Cr. | ₹501.69 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the MSTC IPO Retail Individual Investors (RII) are offered 17,60,000 shares while in Neogen Chemicals IPO retail investors are offered 17,60,000 shares. Qualified Institutional Buyers (QIB) are offered 1,32,00,000 shares in MSTC IPO and 12,31,191 shares in Neogen Chemicals IPO.
| MSTC IPO | Neogen Chemicals IPO | |
|---|---|---|
| Anchor Investor Reservation | 18,46,715 shares | |
| Market Maker Reservation | ||
| QIB | 1,32,00,000 shares | 12,31,191 shares |
| NII | 26,40,000 shares | 9,23,372 shares |
| RII | 17,60,000 shares | 21,54,535 shares |
| Employee | 70,400 shares | |
| Others | ||
| Total | 1,76,70,400 shares | 61,55,813 shares |
MSTC IPO subscribed 1.46x in total, whereas Neogen Chemicals IPO subscribed 41.07x.
| MSTC IPO | Neogen Chemicals IPO | |
|---|---|---|
| QIB (times) | 1.13x | 30.49x |
| NII (times) | 2.15x | 113.88x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.95x | 15.86x |
| Employee (times) | 1.54x | |
| Other (times) | ||
| Total (times) | 1.46x | 41.07x |
