Mindpool Technologies IPO vs Parin Furniture IPO

Comparison between Mindpool Technologies IPO and Parin Furniture IPO.

IPO Details

Mindpool Technologies IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Parin Furniture IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Mindpool Technologies IPO is up to ₹3.41 Cr whereas the issue size of the Parin Furniture IPO is up to ₹17.89 Cr. The final issue price of Mindpool Technologies IPO is ₹30.00 per share and of Parin Furniture IPO is ₹63.00 per share.

 Mindpool Technologies IPOParin Furniture IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹60.00 per share
Issue Price (Upper)₹63.00 per share
Issue Price (Final)₹30.00 per share₹63.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares2000 shares
Fresh Issue Size11,36,000 shares28,40,000 shares
Fresh Issue Size (Amount)up to ₹3.41 Crup to ₹17.89 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total11,36,000 shares28,40,000 shares
Issue Size Total (Amount)up to ₹3.41 Crup to ₹17.89 Cr

IPO Timetable

Mindpool Technologies IPO opens on Feb 14, 2019, while Parin Furniture IPO opens on Sep 26, 2018. The closing date of Mindpool Technologies IPO and Parin Furniture IPO is Feb 20, 2019, and Sep 28, 2018, respectively.

Financials & KPIs

Mindpool Technologies IPO P/E ratio is , as compared to Parin Furniture IPO P/E ratio of .

 Mindpool Technologies IPOParin Furniture IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 201831 Mar 201831 Mar 201731 Mar 2016
Assets15.5613.9316.8013.15
Total Income10.8120.4325.3820.78
Profit After Tax1.461.631.29-0.33
EBITDA1.692.462.340.34
NET Worth11.9010.298.637.35
Reserves and Surplus8.867.258.617.34
Total Borrowing1.241.216.115.02
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets46.6443.4539.63
Total Income64.5959.9461.78
Profit After Tax2.621.361.02
EBITDA7.205.854.92
NET Worth15.475.654.29
Reserves and Surplus7.545.353.99
Total Borrowing23.2629.2525.42
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.43%100%
Promoter Shareholding (Post-Issue)71.27%73.02%
Market Cap₹12.71 Cr.₹70.04 Cr.

Shares Offered

In the Mindpool Technologies IPO Retail Individual Investors (RII) are offered 5,68,000 shares while in Parin Furniture IPO retail investors are offered 5,68,000 shares. Qualified Institutional Buyers (QIB) are offered in Mindpool Technologies IPO and 2,84,000 shares in Parin Furniture IPO.

 Mindpool Technologies IPOParin Furniture IPO
Anchor Investor Reservation0 shares
Market Maker Reservation64,000 shares1,60,000 shares
QIB2,84,000 shares
NII5,68,000 shares15,62,000 shares
RII5,68,000 shares9,94,000 shares
Employee0 shares
Total11,36,000 shares28,40,000 shares

Bids Received (Subscription)

Mindpool Technologies IPO subscribed 2.09x in total, whereas Parin Furniture IPO subscribed 2.45x.

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Mindpool Technologies IPO Vs Parin Furniture IPO