Mac Hotels IPO vs Ranjeet Mechatronics IPO

Comparison between Mac Hotels IPO and Ranjeet Mechatronics IPO.

IPO Details

Mac Hotels IPO is a SME Fixed Price IPO proposed to list at BSE SME while Ranjeet Mechatronics IPO is a SME Fixed Price proposed to list at BSE 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 Ranjeet Mechatronics IPO is up to ₹4.26 Cr. The final issue price of Mac Hotels IPO is ₹24.00 per share and of Ranjeet Mechatronics IPO is ₹25.00 per share.

 Mac Hotels IPORanjeet Mechatronics IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹24.00 per share₹25.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares6000 shares
Fresh Issue Size0 shares17,04,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹4.26 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 shares17,04,000 shares
Issue Size Total (Amount)up to ₹1.84 Crup to ₹4.26 Cr

IPO Timetable

Mac Hotels IPO opens on Sep 19, 2018, while Ranjeet Mechatronics IPO opens on Sep 12, 2018. The closing date of Mac Hotels IPO and Ranjeet Mechatronics IPO is Sep 25, 2018, and Sep 17, 2018, respectively.

 Mac Hotels IPORanjeet Mechatronics IPO
Issue OpenSep 19, 2018Sep 12, 2018
Issue CloseSep 25, 2018Sep 17, 2018
Basis Of Allotment (Tentative)Sep 28, 2018Sep 21, 2018
Initiation of Refunds (Tentative)Sep 25, 2018
Credit of Share (Tentative)Sep 25, 2018
Listing date (Tentative)Oct 04, 2018Sep 26, 2018

Financials & KPIs

Mac Hotels IPO P/E ratio is , as compared to Ranjeet Mechatronics IPO P/E ratio of .

 Mac Hotels IPORanjeet Mechatronics 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)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets22.4220.8418.06
Total Income18.0417.6425.29
Profit After Tax0.910.510.16
NET Worth2.591.671.16
Reserves and Surplus2.041.120.61
Total Borrowing12.1610.097.71
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%85.22%
Promoter Shareholding (Post-Issue)73%61.98%
Market Cap₹7.20 Cr.₹16.50 Cr.

Shares Offered

In the Mac Hotels IPO Retail Individual Investors (RII) are offered 3,84,000 shares while in Ranjeet Mechatronics 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 Ranjeet Mechatronics IPO.

 Mac Hotels IPORanjeet Mechatronics IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation42,000 shares96,000 shares
QIB0 shares0 shares
NII3,84,000 shares8,52,000 shares
RII3,84,000 shares8,52,000 shares
Employee0 shares0 shares
Total7,68,000 shares17,04,000 shares

Bids Received (Subscription)

Mac Hotels IPO subscribed 1.52x in total, whereas Ranjeet Mechatronics IPO subscribed 69.75x.

 Mac Hotels IPORanjeet Mechatronics IPO
NII (times)1.88x77.48x
RII (times)1.17x62.03x
Total (times)1.52x69.75x

Compare with others

Compare:

Mac Hotels IPO Vs Ranjeet Mechatronics IPO