Comparison between Mahanagar Gas IPO and Quess Corp IPO.
Mahanagar Gas IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Quess Corp 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 Quess Corp IPO is up to ₹400.00 Cr. The final issue price of Mahanagar Gas IPO is ₹421.00 per share and of Quess Corp IPO is ₹317.00 per share.
| Mahanagar Gas IPO | Quess Corp IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹380.00 per share | ₹310.00 per share |
| Issue Price (Upper) | ₹421.00 per share | ₹317.00 per share |
| Issue Price (Final) | ₹421.00 per share | ₹317.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹38.00 per share | |
| Market Lot Size | 35 shares | 45 shares |
| Fresh Issue Size | 0 shares | 1,26,18,297 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹400.00 Cr |
| OFS Issue Size | 2,46,94,500 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹1,038.88 Cr | up to ₹0.00 Cr |
| Issue Size Total | 2,46,94,500 shares | 1,26,18,297 shares |
| Issue Size Total (Amount) | up to ₹1,038.88 Cr | up to ₹400.00 Cr |
Mahanagar Gas IPO opens on Jun 21, 2016, while Quess Corp IPO opens on Jun 29, 2016. The closing date of Mahanagar Gas IPO and Quess Corp IPO is Jun 23, 2016, and Jul 01, 2016, respectively.
| Mahanagar Gas IPO | Quess Corp IPO | |
|---|---|---|
| Anchor Bid Date | Jun 20, 2016 | Jun 28, 2016 |
| Issue Open | Jun 21, 2016 | Jun 29, 2016 |
| Issue Close | Jun 23, 2016 | Jul 01, 2016 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Jul 01, 2016 | Jul 12, 2016 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Mahanagar Gas IPO P/E ratio is , as compared to Quess Corp IPO P/E ratio of .
| Mahanagar Gas IPO | Quess Corp IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 90 | 99.51 | ||||
| Promoter Shareholding (Post-Issue) | 65 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹4158.54 Cr. | ₹3992.72 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 20.2% | 24.28% |
In the Mahanagar Gas IPO Retail Individual Investors (RII) are offered 85,73,075 shares while in Quess Corp IPO retail investors are offered 85,73,075 shares. Qualified Institutional Buyers (QIB) are offered 48,98,900 shares in Mahanagar Gas IPO and 37,85,490 shares in Quess Corp IPO.
| Mahanagar Gas IPO | Quess Corp IPO | |
|---|---|---|
| Anchor Investor Reservation | 73,48,350 shares | 56,78,234 shares |
| Market Maker Reservation | ||
| QIB | 48,98,900 shares | 37,85,490 shares |
| NII | 36,74,175 shares | 18,92,744 shares |
| RII | 85,73,075 shares | 12,61,829 shares |
| Employee | 2,00,000 shares | |
| Others | ||
| Total | 2,46,94,500 shares | 1,26,18,297 shares |
Mahanagar Gas IPO subscribed 64.54x in total, whereas Quess Corp IPO subscribed 143.99x.
| Mahanagar Gas IPO | Quess Corp IPO | |
|---|---|---|
| QIB (times) | 72.84x | 59.02x |
| NII (times) | 191.61x | 392.21x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 6.82x | 31.23x |
| Employee (times) | 1.18x | |
| Other (times) | ||
| Total (times) | 64.54x | 143.99x |
