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.
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.
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.
Financials & KPIs
Mittal Life Style IPO P/E ratio is , as compared to Ridings Consulting Engineers IPO P/E ratio of .
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 0 shares in Mittal Life Style IPO and 0 shares in Ridings Consulting Engineers IPO.
| | Mittal Life Style IPO | Ridings Consulting Engineers IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,20,000 shares | 1,84,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 9,90,000 shares | 17,28,000 shares |
| RII | 9,90,000 shares | 17,28,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 19,80,000 shares | 34,56,000 shares |
Bids Received (Subscription)
Mittal Life Style IPO subscribed 1.47x in total, whereas Ridings Consulting Engineers IPO subscribed 1.32x.
