Comparison between Mahanagar Gas IPO and Parag Milk Foods IPO.
Mahanagar Gas IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Parag Milk Foods IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Mahanagar Gas IPO is up to ₹1,038.88 Cr whereas the issue size of the Parag Milk Foods IPO is up to ₹750.54 Cr. The final issue price of Mahanagar Gas IPO is ₹421.00 per share and of Parag Milk Foods IPO is ₹215.00 per share.
| Mahanagar Gas IPO | Parag Milk Foods IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹380.00 per share | ₹215.00 per share |
| Issue Price (Upper) | ₹421.00 per share | ₹227.00 per share |
| Issue Price (Final) | ₹421.00 per share | ₹215.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹12.00 per share |
| Discount (Employee) | ₹38.00 per share | ₹12.00 per share |
| Market Lot Size | 35 shares | 65 shares |
| Fresh Issue Size | 0 shares | 1,36,98,695 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹300.00 Cr |
| OFS Issue Size | 2,46,94,500 shares | 2,05,72,573 shares |
| OFS Issue Size (Amount) | up to ₹1,038.88 Cr | up to ₹450.54 Cr |
| Issue Size Total | 2,46,94,500 shares | 3,42,71,268 shares |
| Issue Size Total (Amount) | up to ₹1,038.88 Cr | up to ₹750.54 Cr |
Mahanagar Gas IPO opens on Jun 21, 2016, while Parag Milk Foods IPO opens on May 04, 2016. The closing date of Mahanagar Gas IPO and Parag Milk Foods IPO is Jun 23, 2016, and May 11, 2016, respectively.
| Mahanagar Gas IPO | Parag Milk Foods IPO | |
|---|---|---|
| Anchor Bid Date | Jun 20, 2016 | May 03, 2016 |
| Issue Open | Jun 21, 2016 | May 04, 2016 |
| Issue Close | Jun 23, 2016 | May 11, 2016 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Jul 01, 2016 | May 19, 2016 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Mahanagar Gas IPO P/E ratio is , as compared to Parag Milk Foods IPO P/E ratio of .
| Mahanagar Gas IPO | Parag Milk Foods IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 90 | 61.13 | ||||
| Promoter Shareholding (Post-Issue) | 65 | 47.48 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹4158.54 Cr. | ₹1808.47 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 20.2% | 22.67% |
In the Mahanagar Gas IPO Retail Individual Investors (RII) are offered 85,73,075 shares while in Parag Milk Foods IPO retail investors are offered 85,73,075 shares. Qualified Institutional Buyers (QIB) are offered 48,98,900 shares in Mahanagar Gas IPO and 1,03,74,752 shares in Parag Milk Foods IPO.
| Mahanagar Gas IPO | Parag Milk Foods IPO | |
|---|---|---|
| Anchor Investor Reservation | 73,48,350 shares | 1,51,03,935 shares |
| Market Maker Reservation | ||
| QIB | 48,98,900 shares | 1,03,74,752 shares |
| NII | 36,74,175 shares | 50,95,735 shares |
| RII | 85,73,075 shares | 33,97,155 shares |
| Employee | 2,00,000 shares | 3,00,000 shares |
| Others | ||
| Total | 2,46,94,500 shares | 3,42,71,577 shares |
Mahanagar Gas IPO subscribed 64.54x in total, whereas Parag Milk Foods IPO subscribed 1.83x.
| Mahanagar Gas IPO | Parag Milk Foods IPO | |
|---|---|---|
| QIB (times) | 72.84x | 1.15x |
| NII (times) | 191.61x | 3.08x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 6.82x | 2.12x |
| Employee (times) | 1.18x | 1.02x |
| Other (times) | ||
| Total (times) | 64.54x | 1.83x |
