Comparison between Mittal Life Style IPO and Ridings Consulting Engineers IPO.
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 IPO | Ridings Consulting Engineers IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Sarthi Capital Advisors Pvt.Ltd. | Swastika Investmart Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Choice Equity Broking Pvt.Ltd. | Beeline Broking Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
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 IPO | Ridings 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 Size | 6000 shares | 8000 shares |
| Fresh Issue Size | 19,80,000 shares | 34,56,000 shares |
| Fresh Issue Size (Amount) | up to ₹4.16 Cr | up to ₹6.22 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 19,80,000 shares | 34,56,000 shares |
| Issue Size Total (Amount) | up to ₹4.16 Cr | up to ₹6.22 Cr |
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 IPO | Ridings Consulting Engineers IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 19, 2018 | Mar 14, 2018 |
| Issue Close | Mar 21, 2018 | Mar 16, 2018 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Apr 02, 2018 | Mar 26, 2018 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Mittal Life Style IPO P/E ratio is , as compared to Ridings Consulting Engineers IPO P/E ratio of .
| Mittal Life Style IPO | Ridings Consulting Engineers IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹14.81 Cr. | ₹22.39 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
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 IPO | Ridings Consulting Engineers IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,20,000 shares | 1,84,000 shares |
| QIB | ||
| NII | 9,90,000 shares | 17,28,000 shares |
| RII | 9,90,000 shares | 17,28,000 shares |
| Employee | ||
| Others | ||
| Total | 19,80,000 shares | 34,56,000 shares |
Mittal Life Style IPO subscribed 1.47x in total, whereas Ridings Consulting Engineers IPO subscribed 1.32x.
| Mittal Life Style IPO | Ridings Consulting Engineers IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.37x | 0.81x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.58x | 1.83x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.47x | 1.32x |
