ProStocks Logo
Unlimited Trades ₹899 Monthly
www.ProStocks.com
Contact us

Prolife Industries IPO vs Steel City Securities IPO

Comparison between Prolife Industries IPO and Steel City Securities IPO.

IPO Details

Prolife Industries IPO is a SME Fixed Price IPO proposed to list at NSE SME while Steel City Securities IPO is a SME Fixed Price proposed to list at NSE SME.

 Prolife Industries IPOSteel City Securities IPO
LogoProlife Industries IPO LogoSteel City Securities IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersSwastika Investmart Ltd.Keynote Financial Services Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerBeeline Broking Ltd.Keynote Capitals Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Prolife Industries IPO is up to ₹3.99 Cr whereas the issue size of the Steel City Securities IPO is up to ₹25.64 Cr. The final issue price of Prolife Industries IPO is ₹38.00 per share and of Steel City Securities IPO is ₹55.00 per share.

 Prolife Industries IPOSteel City Securities IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹38.00 per share₹55.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares2000 shares
Fresh Issue Size10,50,000 shares24,80,183 shares
Fresh Issue Size (Amount)up to ₹3.99 Crup to ₹13.64 Cr
OFS Issue Size0 shares21,81,817 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹12.00 Cr
Issue Size Total10,50,000 shares46,62,000 shares
Issue Size Total (Amount)up to ₹3.99 Crup to ₹25.64 Cr

IPO Timetable

Prolife Industries IPO opens on Dec 27, 2016, while Steel City Securities IPO opens on Feb 06, 2017. The closing date of Prolife Industries IPO and Steel City Securities IPO is Dec 30, 2016, and Feb 09, 2017, respectively.

 Prolife Industries IPOSteel City Securities IPO
Issue OpenDec 27, 2016Feb 06, 2017
Issue CloseDec 30, 2016Feb 09, 2017
Basis Of Allotment (Tentative)Jan 04, 2017Feb 14, 2017
Listing date (Tentative)Jan 09, 2017Feb 17, 2017

Financials & KPIs

Prolife Industries IPO P/E ratio is , as compared to Steel City Securities IPO P/E ratio of .

 Prolife Industries IPOSteel City Securities IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 201631 Mar 201631 Mar 201531 Mar 2014
Assets15.6416.0517.6916.20
Total Income4.1922.8319.8919.06
Profit After Tax0.170.590.400.22
NET Worth3.743.583.022.54
Reserves and Surplus2.252.081.531.04
Total Borrowing8.528.6110.109.60
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets88.1975.7785.7372.18
Total Income16.2626.6631.6421.67
Profit After Tax2.653.936.573.29
NET Worth51.3648.6546.5345.20
Reserves and Surplus38.9836.2734.1532.82
Total Borrowing4.744.8017.643.42
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.66%69.56%
Promoter Shareholding (Post-Issue)72.64%42.58%
Market Cap₹15.56 Cr.₹83.09 Cr.

Shares Offered

In the Prolife Industries IPO Retail Individual Investors (RII) are offered 5,25,000 shares while in Steel City Securities IPO retail investors are offered 5,25,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Prolife Industries IPO and 0 shares in Steel City Securities IPO.

 Prolife Industries IPOSteel City Securities IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation60,000 shares2,46,000 shares
QIB0 shares0 shares
NII5,25,000 shares23,31,000 shares
RII5,25,000 shares23,31,000 shares
Employee0 shares0 shares
Total10,50,000 shares46,62,000 shares

Bids Received (Subscription)

Prolife Industries IPO subscribed 4.56x in total, whereas Steel City Securities IPO subscribed 4.82x.

 Prolife Industries IPOSteel City Securities IPO
NII (times)4.90x3.12x
RII (times)4.22x6.51x
Total (times)4.56x4.82x

Compare with others

Prolife Industries IPOSteel City Securities IPO
Krishana Phoschem IPORMC Switchgears IPO
Steel City Securities IPOTanvi Foods IPO
Madhav Copper IPONitiraj Engineers IPO
Super Fine Knitters IPOGlobal Education IPO
Maheshwari Logistics IPOKrishana Phoschem IPO
Libas Designs IPOMadhav Copper IPO
Veeram Ornaments IPOSuper Fine Knitters IPO
Majestic Research FPOMaheshwari Logistics IPO
Aditya Vision IPOProlife Industries IPO
Jet Freight Logistics IPOLibas Designs IPO

Compare:

Prolife Industries IPO Vs Steel City Securities IPO