Comparison between Madhya Bharat Agro Products IPO and Riddhi Steel IPO.
Madhya Bharat Agro Products IPO is a SME Fixed Price IPO proposed to list at NSE SME while Riddhi Steel IPO is a SME Fixed Price proposed to list at BSE SME.
| Madhya Bharat Agro Products IPO | Riddhi Steel IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Hem Securities Ltd. | Oneview Corporate Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Guiness Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Madhya Bharat Agro Products IPO is up to ₹13.19 Cr whereas the issue size of the Riddhi Steel IPO is up to ₹8.41 Cr. The final issue price of Madhya Bharat Agro Products IPO is ₹24.00 per share and of Riddhi Steel IPO is ₹38.00 per share.
| Madhya Bharat Agro Products IPO | Riddhi Steel IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹24.00 per share | ₹38.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 6000 shares | 3000 shares |
| Fresh Issue Size | 0 shares | 22,14,000 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹8.41 Cr |
| OFS Issue Size | 54,96,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹13.19 Cr | up to ₹0.00 Cr |
| Issue Size Total | 54,96,000 shares | 22,14,000 shares |
| Issue Size Total (Amount) | up to ₹13.19 Cr | up to ₹8.41 Cr |
Madhya Bharat Agro Products IPO opens on Aug 29, 2016, while Riddhi Steel IPO opens on Sep 02, 2016. The closing date of Madhya Bharat Agro Products IPO and Riddhi Steel IPO is Sep 02, 2016, and Sep 07, 2016, respectively.
| Madhya Bharat Agro Products IPO | Riddhi Steel IPO | |
|---|---|---|
| Issue Open | Aug 29, 2016 | Sep 02, 2016 |
| Issue Close | Sep 02, 2016 | Sep 07, 2016 |
| Basis Of Allotment (Tentative) | Sep 07, 2016 | Sep 09, 2016 |
| Listing date (Tentative) | Sep 09, 2016 | Sep 14, 2016 |
Madhya Bharat Agro Products IPO P/E ratio is , as compared to Riddhi Steel IPO P/E ratio of .
| Madhya Bharat Agro Products IPO | Riddhi Steel IPO | |
|---|---|---|
| Promoter Shareholding (Pre-Issue) | 80.02% | 95.6% |
| Promoter Shareholding (Post-Issue) | 60.58% | 68.62% |
| Market Cap | ₹52.58 Cr. | ₹31.50 Cr. |
In the Madhya Bharat Agro Products IPO Retail Individual Investors (RII) are offered 27,48,000 shares while in Riddhi Steel IPO retail investors are offered 27,48,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Madhya Bharat Agro Products IPO and in Riddhi Steel IPO.
| Madhya Bharat Agro Products IPO | Riddhi Steel IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 2,94,000 shares | 1,26,000 shares |
| QIB | 0 shares | |
| NII | 27,48,000 shares | 11,07,000 shares |
| RII | 27,48,000 shares | 11,07,000 shares |
| Employee | 0 shares | |
| Total | 54,96,000 shares | 22,14,000 shares |
Madhya Bharat Agro Products IPO subscribed 7.72x in total, whereas Riddhi Steel IPO subscribed 2.25x.
| Madhya Bharat Agro Products IPO | Riddhi Steel IPO | |
|---|---|---|
| NII (times) | 4.80x | 2.64x |
| RII (times) | 10.63x | 1.85x |
| Total (times) | 7.72x | 2.25x |
