Comparison between Mahip Industries IPO and Northern Spirits IPO.
Mahip Industries IPO is a SME Fixed Price IPO proposed to list at BSE SME while Northern Spirits IPO is a SME Fixed Price proposed to list at BSE SME.
| Mahip Industries IPO | Northern Spirits IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Finshore Management Services Ltd. | Finshore Management Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Airan Finstocks Pvt.Ltd. | Airan Finstocks Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Mahip Industries IPO is up to ₹15.80 Cr whereas the issue size of the Northern Spirits IPO is up to ₹17.57 Cr. The final issue price of Mahip Industries IPO is ₹32.00 per share and of Northern Spirits IPO is ₹43.00 per share.
| Mahip Industries IPO | Northern Spirits IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹32.00 per share | ₹43.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 3000 shares |
| Fresh Issue Size | 49,36,000 shares | 40,86,000 shares |
| Fresh Issue Size (Amount) | up to ₹15.80 Cr | up to ₹17.57 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 49,36,000 shares | 40,86,000 shares |
| Issue Size Total (Amount) | up to ₹15.80 Cr | up to ₹17.57 Cr |
Mahip Industries IPO opens on Feb 26, 2019, while Northern Spirits IPO opens on Mar 22, 2019. The closing date of Mahip Industries IPO and Northern Spirits IPO is Mar 01, 2019, and Mar 27, 2019, respectively.
| Mahip Industries IPO | Northern Spirits IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 26, 2019 | Mar 22, 2019 |
| Issue Close | Mar 01, 2019 | Mar 27, 2019 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Mar 12, 2019 | Apr 04, 2019 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Mahip Industries IPO P/E ratio is , as compared to Northern Spirits IPO P/E ratio of .
| Mahip Industries IPO | Northern Spirits IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 89.60 | 90.98 | ||||
| Promoter Shareholding (Post-Issue) | 65.41 | 66.59 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹61.57 Cr. | ₹69.02 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Mahip Industries IPO Retail Individual Investors (RII) are offered 24,68,000 shares while in Northern Spirits IPO retail investors are offered 24,68,000 shares. Qualified Institutional Buyers (QIB) are offered in Mahip Industries IPO and in Northern Spirits IPO.
| Mahip Industries IPO | Northern Spirits IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,60,000 shares | 2,16,000 shares |
| QIB | ||
| NII | 24,68,000 shares | 20,43,000 shares |
| RII | 24,68,000 shares | 20,43,000 shares |
| Employee | ||
| Others | ||
| Total | 49,36,000 shares | 40,86,000 shares |
Mahip Industries IPO subscribed 1.54x in total, whereas Northern Spirits IPO subscribed 1.30x.
| Mahip Industries IPO | Northern Spirits IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.53x | 1.83x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.54x | 0.78x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.54x | 1.30x |
