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Madhav Copper FPO vs RO Jewels IPO

Comparison between Madhav Copper FPO and RO Jewels IPO.

IPO Details

Madhav Copper FPO is a SME Fixed Price IPO proposed to list at NSE SME while RO Jewels IPO is a SME Fixed Price proposed to list at BSE SME.

 Madhav Copper FPORO Jewels IPO
LogoMadhav Copper FPO LogoRO Jewels IPO Logo
Issue CategorySMESME
Issue TypeFPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersPantomath Capital Advisors Pvt.Ltd.First Overseas Capital Ltd.
RegistrarBigshare Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerPantomath Stock Brokers 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 Madhav Copper FPO is up to ₹24.21 Cr whereas the issue size of the RO Jewels IPO is up to ₹4.67 Cr. The final issue price of Madhav Copper FPO is ₹102.00 per share and of RO Jewels IPO is ₹36.00 per share.

 Madhav Copper FPORO Jewels IPO
Face Value₹5 per share₹10 per share
Issue Price (Lower)₹100.00 per share
Issue Price (Upper)₹102.00 per share
Issue Price (Final)₹102.00 per share₹36.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares3000 shares
Fresh Issue Size23,73,600 shares12,96,000 shares
Fresh Issue Size (Amount)up to ₹24.21 Crup to ₹4.67 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total23,73,600 shares12,96,000 shares
Issue Size Total (Amount)up to ₹24.21 Crup to ₹4.67 Cr

IPO Timetable

Madhav Copper FPO opens on Jan 27, 2020, while RO Jewels IPO opens on Mar 12, 2020. The closing date of Madhav Copper FPO and RO Jewels IPO is Jan 30, 2020, and Mar 17, 2020, respectively.

 Madhav Copper FPORO Jewels IPO
Anchor Bid Date
Issue OpenJan 27, 2020Mar 12, 2020
Issue CloseJan 30, 2020Mar 17, 2020
Basis Of Allotment (Tentative)Feb 04, 2020Mar 20, 2020
Initiation of Refunds (Tentative)Feb 05, 2020Mar 23, 2020
Credit of Share (Tentative)Feb 06, 2020Mar 24, 2020
Listing date (Tentative)Feb 06, 2020Mar 25, 2020
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Madhav Copper FPO P/E ratio is 53, as compared to RO Jewels IPO P/E ratio of 34.

 Madhav Copper FPORO Jewels IPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (Rs in Lakhs)
30-Sept-19 31-Mar-19 31-Mar-18 31-Mar-17
Total Assets 4,910.30 4,550.17 2,363.78 2,271.51
Total Revenue 9,434.48 21,305.04 16,910.63 7,162.87
Profit After Tax 260.13 421.42 196.23 86.38
Summary of financial Information (Restated)
Particulars For the year/period ended (Rs in Lakhs)
30-Sep-19 31-Mar-19 31-Mar-18 31-Mar-17
Total Assets 580.25 179.06 230.49 156.13
Total Revenue 1,047.22 424.34 975.70 574.40
Profit After Tax 15.05 1.49 6.85 5.87
Promoter Shareholding (Pre-Issue)73.0487.38
Promoter Shareholding (Post-Issue)63.8345.26
P/E Ratio5334
Market Cap₹276.86 Cr.₹10.20 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Madhav Copper FPO Retail Individual Investors (RII) are offered 11,86,800 shares while in RO Jewels IPO retail investors are offered 11,86,800 shares. Qualified Institutional Buyers (QIB) are offered in Madhav Copper FPO and in RO Jewels IPO.

 Madhav Copper FPORO Jewels IPO
Anchor Investor Reserveration
Market Maker Reserveration1,26,000 shares69,000 shares
QIB
NII11,86,800 shares6,48,000 shares
RII11,86,800 shares6,48,000 shares
Employee
Others
Total23,73,600 shares12,96,000 shares

Bids Received (Subscription)

Madhav Copper FPO subscribed 1.74x in total, whereas RO Jewels IPO subscribed 1.19x.

 Madhav Copper FPORO Jewels IPO
QIB (times)
NII (times)1.72x1.95x
Big NII (times)
Small NII (times)
RII (times)1.77x0.43x
Employee (times)
Other (times)
Total (times)1.74x1.19x