Milton Industries IPO vs Omfurn India IPO

Comparison between Milton Industries IPO and Omfurn India IPO.

IPO Details

Milton Industries IPO is a SME Fixed Price IPO proposed to list at NSE SME while Omfurn India IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Milton Industries IPO is up to ₹13.55 Cr whereas the issue size of the Omfurn India IPO is up to ₹3.95 Cr. The final issue price of Milton Industries IPO is ₹34.00 per share and of Omfurn India IPO is ₹23.00 per share.

 Milton Industries IPOOmfurn India IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹34.00 per share₹23.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares6000 shares
Fresh Issue Size39,84,000 shares17,16,000 shares
Fresh Issue Size (Amount)up to ₹13.55 Crup to ₹3.95 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total39,84,000 shares17,16,000 shares
Issue Size Total (Amount)up to ₹13.55 Crup to ₹3.95 Cr

IPO Timetable

Milton Industries IPO opens on Sep 29, 2017, while Omfurn India IPO opens on Sep 29, 2017. The closing date of Milton Industries IPO and Omfurn India IPO is Oct 06, 2017, and Oct 05, 2017, respectively.

 Milton Industries IPOOmfurn India IPO
Issue OpenSep 29, 2017Sep 29, 2017
Issue CloseOct 06, 2017Oct 05, 2017
Basis Of Allotment (Tentative)Oct 11, 2017
Listing date (Tentative)Oct 16, 2017Oct 13, 2017

Financials & KPIs

Milton Industries IPO P/E ratio is , as compared to Omfurn India IPO P/E ratio of .

 Milton Industries IPOOmfurn India IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets55.9348.5247.67
Total Income43.6342.0342.28
Profit After Tax1.150.220.63
NET Worth13.3412.1711.92
Reserves and Surplus8.347.176.92
Total Borrowing21.0321.9419.29
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets30.2330.2926.41
Total Income28.1943.8838.66
Profit After Tax1.611.871.31
NET Worth15.6814.0712.19
Reserves and Surplus10.6813.5711.69
Total Borrowing7.097.565.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.39%100%
Promoter Shareholding (Post-Issue)72.37%73.40%
Market Cap₹52.53 Cr.₹15.67 Cr.

Shares Offered

In the Milton Industries IPO Retail Individual Investors (RII) are offered 19,92,000 shares while in Omfurn India IPO retail investors are offered 19,92,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Milton Industries IPO and 0 shares in Omfurn India IPO.

 Milton Industries IPOOmfurn India IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,16,000 shares96,000 shares
QIB0 shares0 shares
NII19,92,000 shares8,58,000 shares
RII19,92,000 shares8,58,000 shares
Employee0 shares0 shares
Total39,84,000 shares17,16,000 shares

Bids Received (Subscription)

Milton Industries IPO subscribed 14.61x in total, whereas Omfurn India IPO subscribed 1.35x.

 Milton Industries IPOOmfurn India IPO
NII (times)11.11x0.99x
RII (times)18.11x1.71x
Total (times)14.61x1.35x

Compare with others

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Milton Industries IPO Vs Omfurn India IPO