Mac Hotels IPO vs Rajnandini Metal IPO

Comparison between Mac Hotels IPO and Rajnandini Metal IPO.

IPO Details

Mac Hotels IPO is a SME Fixed Price IPO proposed to list at BSE SME while Rajnandini Metal IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Mac Hotels IPO is up to ₹1.84 Cr whereas the issue size of the Rajnandini Metal IPO is up to ₹4.06 Cr. The final issue price of Mac Hotels IPO is ₹24.00 per share and of Rajnandini Metal IPO is ₹26.00 per share.

 Mac Hotels IPORajnandini Metal IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹24.00 per share₹26.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares4000 shares
Fresh Issue Size0 shares15,60,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹4.06 Cr
OFS Issue Size7,68,000 shares0 shares
OFS Issue Size (Amount)up to ₹1.84 Crup to ₹0.00 Cr
Issue Size Total7,68,000 shares15,60,000 shares
Issue Size Total (Amount)up to ₹1.84 Crup to ₹4.06 Cr

IPO Timetable

Mac Hotels IPO opens on Sep 19, 2018, while Rajnandini Metal IPO opens on Sep 24, 2018. The closing date of Mac Hotels IPO and Rajnandini Metal IPO is Sep 25, 2018, and Sep 27, 2018, respectively.

 Mac Hotels IPORajnandini Metal IPO
Issue OpenSep 19, 2018Sep 24, 2018
Issue CloseSep 25, 2018Sep 27, 2018
Basis Of Allotment (Tentative)Sep 28, 2018Oct 03, 2018
Listing date (Tentative)Oct 04, 2018Oct 08, 2018

Financials & KPIs

Mac Hotels IPO P/E ratio is , as compared to Rajnandini Metal IPO P/E ratio of .

 Mac Hotels IPORajnandini Metal IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets6.135.643.01
Total Income4.163.101.88
Profit After Tax0.410.130.08
NET Worth3.433.020.22
Reserves and Surplus0.430.02-0.11
Total Borrowing1.741.501.55
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets38.3842.5134.37
Total Income141.16127.31136.55
Profit After Tax0.940.550.32
NET Worth8.037.096.53
Reserves and Surplus3.532.592.03
Total Borrowing21.9822.2822.13
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%99.99%
Promoter Shareholding (Post-Issue)73%73.23%
Market Cap₹7.20 Cr.₹15.97 Cr.

Shares Offered

In the Mac Hotels IPO Retail Individual Investors (RII) are offered 3,84,000 shares while in Rajnandini Metal IPO retail investors are offered 3,84,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Mac Hotels IPO and 0 shares in Rajnandini Metal IPO.

 Mac Hotels IPORajnandini Metal IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation42,000 shares84,000 shares
QIB0 shares0 shares
NII3,84,000 shares7,80,000 shares
RII3,84,000 shares7,80,000 shares
Employee0 shares0 shares
Total7,68,000 shares15,60,000 shares

Bids Received (Subscription)

Mac Hotels IPO subscribed 1.52x in total, whereas Rajnandini Metal IPO subscribed 1.38x.

 Mac Hotels IPORajnandini Metal IPO
NII (times)1.88x2.38x
RII (times)1.17x0.38x
Total (times)1.52x1.38x

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