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Mittal Life Style IPO vs Ridings Consulting Engineers IPO

Comparison between Mittal Life Style IPO and Ridings Consulting Engineers IPO.

IPO Details

Mittal Life Style IPO is a SME Fixed Price IPO proposed to list at NSE SME while Ridings Consulting Engineers IPO is a SME Fixed Price proposed to list at BSE SME.

 Mittal Life Style IPORidings Consulting Engineers IPO
LogoMittal Life Style IPO LogoRidings Consulting Engineers IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersSarthi Capital Advisors Pvt.Ltd.Swastika Investmart Ltd.
RegistrarBigshare Services Pvt.Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerChoice Equity Broking Pvt.Ltd.Beeline Broking Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Mittal Life Style IPO is up to ₹4.16 Cr whereas the issue size of the Ridings Consulting Engineers IPO is up to ₹6.22 Cr. The final issue price of Mittal Life Style IPO is ₹21.00 per share and of Ridings Consulting Engineers IPO is ₹18.00 per share.

 Mittal Life Style IPORidings Consulting Engineers IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹21.00 per share₹18.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size6000 shares8000 shares
Fresh Issue Size19,80,000 shares34,56,000 shares
Fresh Issue Size (Amount)up to ₹4.16 Crup to ₹6.22 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total19,80,000 shares34,56,000 shares
Issue Size Total (Amount)up to ₹4.16 Crup to ₹6.22 Cr

IPO Timetable

Mittal Life Style IPO opens on Mar 19, 2018, while Ridings Consulting Engineers IPO opens on Mar 14, 2018. The closing date of Mittal Life Style IPO and Ridings Consulting Engineers IPO is Mar 21, 2018, and Mar 16, 2018, respectively.

 Mittal Life Style IPORidings Consulting Engineers IPO
Anchor Bid Date
Issue OpenMar 19, 2018Mar 14, 2018
Issue CloseMar 21, 2018Mar 16, 2018
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)Apr 02, 2018Mar 26, 2018
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Mittal Life Style IPO P/E ratio is , as compared to Ridings Consulting Engineers IPO P/E ratio of .

 Mittal Life Style IPORidings Consulting Engineers IPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lacs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 1693.58 1270.97 919.01 758.03 553.86
Total Revenue 7856.78 5904.08 4635.07 3232.10 2527.20
Profit After Tax 33.78 0.86 0.91 0.56 (-0.46)
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. lakhs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 2,358.79 2,252.43 1,925.27 1,626.02 1,339.76
Total Revenue 1,690.14 1,427.25 1,357.20 1,352.44 1,513.65
Profit After Tax 101.75 52.09 106.88 116.91 74.00
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Mittal Life Style IPO Retail Individual Investors (RII) are offered 9,90,000 shares while in Ridings Consulting Engineers IPO retail investors are offered 9,90,000 shares. Qualified Institutional Buyers (QIB) are offered in Mittal Life Style IPO and in Ridings Consulting Engineers IPO.

 Mittal Life Style IPORidings Consulting Engineers IPO
Anchor Investor Reserveration
Market Maker Reserveration1,20,000 shares1,84,000 shares
QIB
NII9,90,000 shares17,28,000 shares
RII9,90,000 shares17,28,000 shares
Employee
Others
Total19,80,000 shares34,56,000 shares

Bids Received (Subscription)

Mittal Life Style IPO subscribed 1.47x in total, whereas Ridings Consulting Engineers IPO subscribed 1.32x.

 Mittal Life Style IPORidings Consulting Engineers IPO
QIB (times)
NII (times)2.37x0.81x
Big NII (times)
Small NII (times)
RII (times)0.58x1.83x
Employee (times)
Other (times)
Total (times)1.47x1.32x