Comparison between Mishra Dhatu Nigam IPO and RITES IPO.
Mishra Dhatu Nigam IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while RITES IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Mishra Dhatu Nigam IPO is up to ₹435.02 Cr whereas the issue size of the RITES IPO is up to ₹460.51 Cr. The final issue price of Mishra Dhatu Nigam IPO is ₹90.00 per share and of RITES IPO is ₹185.00 per share.
| Mishra Dhatu Nigam IPO | RITES IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹87.00 per share | ₹180.00 per share |
| Issue Price (Upper) | ₹90.00 per share | ₹185.00 per share |
| Issue Price (Final) | ₹90.00 per share | ₹185.00 per share |
| Discount (Retail) | ₹3.00 per share | ₹6.00 per share |
| Discount (Employee) | ₹3.00 per share | ₹6.00 per share |
| Market Lot Size | 150 shares | 80 shares |
| Fresh Issue Size | 0 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 4,87,08,400 shares | 2,52,00,000 shares |
| OFS Issue Size (Amount) | up to ₹435.02 Cr | up to ₹460.51 Cr |
| Issue Size Total | 4,87,08,400 shares | 2,52,00,000 shares |
| Issue Size Total (Amount) | up to ₹435.02 Cr | up to ₹460.51 Cr |
Mishra Dhatu Nigam IPO opens on Mar 21, 2018, while RITES IPO opens on Jun 20, 2018. The closing date of Mishra Dhatu Nigam IPO and RITES IPO is Mar 23, 2018, and Jun 22, 2018, respectively.
| Mishra Dhatu Nigam IPO | RITES IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 21, 2018 | Jun 20, 2018 |
| Issue Close | Mar 23, 2018 | Jun 22, 2018 |
| Basis Of Allotment (Tentative) | Mar 28, 2018 | |
| Initiation of Refunds (Tentative) | Apr 02, 2018 | |
| Credit of Share (Tentative) | Apr 03, 2018 | |
| Listing date (Tentative) | Apr 04, 2018 | Jul 02, 2018 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Mishra Dhatu Nigam IPO P/E ratio is , as compared to RITES IPO P/E ratio of .
| Mishra Dhatu Nigam IPO | RITES IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹1686.06 Cr. | ₹3700.00 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Mishra Dhatu Nigam IPO Retail Individual Investors (RII) are offered 1,63,92,250 shares while in RITES IPO retail investors are offered 1,63,92,250 shares. Qualified Institutional Buyers (QIB) are offered 2,34,17,500 shares in Mishra Dhatu Nigam IPO and 1,20,00,000 shares in RITES IPO.
| Mishra Dhatu Nigam IPO | RITES IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 2,34,17,500 shares | 1,20,00,000 shares |
| NII | 70,25,250 shares | 36,00,000 shares |
| RII | 1,63,92,250 shares | 84,00,000 shares |
| Employee | 18,73,400 shares | 12,00,000 shares |
| Others | ||
| Total | 4,87,08,400 shares | 2,52,00,000 shares |
Mishra Dhatu Nigam IPO subscribed 1.22x in total, whereas RITES IPO subscribed 66.74x.
| Mishra Dhatu Nigam IPO | RITES IPO | |
|---|---|---|
| QIB (times) | 1.96x | 71.71x |
| NII (times) | 0.13x | 194.56x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.72x | 14.24x |
| Employee (times) | 0.26x | 0.96x |
| Other (times) | ||
| Total (times) | 1.22x | 66.74x |
