Comparison between Mahickra Chemicals IPO and Power Instrumentation Gujarat IPO.
Mahickra Chemicals IPO is a SME Fixed Price IPO proposed to list at NSE SME while Power Instrumentation Gujarat IPO is a SME Fixed Price proposed to list at NSE SME.
| Mahickra Chemicals IPO | Power Instrumentation Gujarat IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Pantomath Capital Advisors Pvt.Ltd. | Navigant Corporate Advisors Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Pantomath Stock Brokers Pvt.Ltd. | Khambatta Securities 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 Mahickra Chemicals IPO is up to ₹4.98 Cr whereas the issue size of the Power Instrumentation Gujarat IPO is up to ₹5.83 Cr. The final issue price of Mahickra Chemicals IPO is ₹25.00 per share and of Power Instrumentation Gujarat IPO is ₹33.00 per share.
| Mahickra Chemicals IPO | Power Instrumentation Gujarat IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹24.00 per share | |
| Issue Price (Upper) | ₹25.00 per share | |
| Issue Price (Final) | ₹25.00 per share | ₹33.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 6000 shares | 4000 shares |
| Fresh Issue Size | 19,92,000 shares | 17,68,000 shares |
| Fresh Issue Size (Amount) | up to ₹4.98 Cr | up to ₹5.83 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 | 19,92,000 shares | 17,68,000 shares |
| Issue Size Total (Amount) | up to ₹4.98 Cr | up to ₹5.83 Cr |
Mahickra Chemicals IPO opens on Apr 16, 2018, while Power Instrumentation Gujarat IPO opens on Apr 11, 2018. The closing date of Mahickra Chemicals IPO and Power Instrumentation Gujarat IPO is Apr 18, 2018, and Apr 13, 2018, respectively.
| Mahickra Chemicals IPO | Power Instrumentation Gujarat IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Apr 16, 2018 | Apr 11, 2018 |
| Issue Close | Apr 18, 2018 | Apr 13, 2018 |
| Basis Of Allotment (Tentative) | Apr 23, 2018 | |
| Initiation of Refunds (Tentative) | Apr 24, 2018 | |
| Credit of Share (Tentative) | Apr 25, 2018 | |
| Listing date (Tentative) | Apr 26, 2018 | Apr 23, 2018 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Mahickra Chemicals IPO P/E ratio is , as compared to Power Instrumentation Gujarat IPO P/E ratio of .
| Mahickra Chemicals IPO | Power Instrumentation Gujarat IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹18.09 Cr. | ₹23.24 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Mahickra Chemicals IPO Retail Individual Investors (RII) are offered 9,96,000 shares while in Power Instrumentation Gujarat IPO retail investors are offered 9,96,000 shares. Qualified Institutional Buyers (QIB) are offered in Mahickra Chemicals IPO and in Power Instrumentation Gujarat IPO.
| Mahickra Chemicals IPO | Power Instrumentation Gujarat IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,08,000 shares | 96,000 shares |
| QIB | ||
| NII | 9,96,000 shares | 8,84,000 shares |
| RII | 9,96,000 shares | 8,84,000 shares |
| Employee | ||
| Others | ||
| Total | 19,92,000 shares | 17,68,000 shares |
Mahickra Chemicals IPO subscribed 27.85x in total, whereas Power Instrumentation Gujarat IPO subscribed 10.26x.
| Mahickra Chemicals IPO | Power Instrumentation Gujarat IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 22.42x | 8.61x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 33.28x | 11.90x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 27.85x | 10.26x |
