Comparison between Parag Milk Foods IPO and Quess Corp IPO.
Parag Milk Foods 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 Parag Milk Foods IPO is up to ₹750.54 Cr whereas the issue size of the Quess Corp IPO is up to ₹400.00 Cr. The final issue price of Parag Milk Foods IPO is ₹215.00 per share and of Quess Corp IPO is ₹317.00 per share.
| Parag Milk Foods IPO | Quess Corp IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹215.00 per share | ₹310.00 per share |
| Issue Price (Upper) | ₹227.00 per share | ₹317.00 per share |
| Issue Price (Final) | ₹215.00 per share | ₹317.00 per share |
| Discount (Retail) | ₹12.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹12.00 per share | |
| Market Lot Size | 65 shares | 45 shares |
| Fresh Issue Size | 1,36,98,695 shares | 1,26,18,297 shares |
| Fresh Issue Size (Amount) | up to ₹300.00 Cr | up to ₹400.00 Cr |
| OFS Issue Size | 2,05,72,573 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹450.54 Cr | up to ₹0.00 Cr |
| Issue Size Total | 3,42,71,268 shares | 1,26,18,297 shares |
| Issue Size Total (Amount) | up to ₹750.54 Cr | up to ₹400.00 Cr |
Parag Milk Foods IPO opens on May 04, 2016, while Quess Corp IPO opens on Jun 29, 2016. The closing date of Parag Milk Foods IPO and Quess Corp IPO is May 11, 2016, and Jul 01, 2016, respectively.
| Parag Milk Foods IPO | Quess Corp IPO | |
|---|---|---|
| Anchor Bid Date | May 03, 2016 | Jun 28, 2016 |
| Issue Open | May 04, 2016 | Jun 29, 2016 |
| Issue Close | May 11, 2016 | Jul 01, 2016 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | May 19, 2016 | Jul 12, 2016 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Parag Milk Foods IPO P/E ratio is , as compared to Quess Corp IPO P/E ratio of .
| Parag Milk Foods IPO | Quess Corp IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 61.13 | 99.51 | ||||
| Promoter Shareholding (Post-Issue) | 47.48 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹1808.47 Cr. | ₹3992.72 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 22.67% | 24.28% |
In the Parag Milk Foods IPO Retail Individual Investors (RII) are offered 33,97,155 shares while in Quess Corp IPO retail investors are offered 33,97,155 shares. Qualified Institutional Buyers (QIB) are offered 1,03,74,752 shares in Parag Milk Foods IPO and 37,85,490 shares in Quess Corp IPO.
| Parag Milk Foods IPO | Quess Corp IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,51,03,935 shares | 56,78,234 shares |
| Market Maker Reservation | ||
| QIB | 1,03,74,752 shares | 37,85,490 shares |
| NII | 50,95,735 shares | 18,92,744 shares |
| RII | 33,97,155 shares | 12,61,829 shares |
| Employee | 3,00,000 shares | |
| Others | ||
| Total | 3,42,71,577 shares | 1,26,18,297 shares |
Parag Milk Foods IPO subscribed 1.83x in total, whereas Quess Corp IPO subscribed 143.99x.
| Parag Milk Foods IPO | Quess Corp IPO | |
|---|---|---|
| QIB (times) | 1.15x | 59.02x |
| NII (times) | 3.08x | 392.21x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.12x | 31.23x |
| Employee (times) | 1.02x | |
| Other (times) | ||
| Total (times) | 1.83x | 143.99x |
