Maximus International IPO vs Sarthak Metals IPO

Comparison between Maximus International IPO and Sarthak Metals IPO.

IPO Details

Maximus International IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sarthak Metals IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Maximus International IPO is up to ₹3.57 Cr whereas the issue size of the Sarthak Metals IPO is up to ₹10.32 Cr. The final issue price of Maximus International IPO is ₹25.00 per share and of Sarthak Metals IPO is ₹30.00 per share.

 Maximus International IPOSarthak Metals IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹25.00 per share₹30.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares4000 shares
Fresh Issue Size14,28,000 shares14,04,000 shares
Fresh Issue Size (Amount)up to ₹3.57 Crup to ₹4.21 Cr
OFS Issue Size0 shares20,36,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹6.11 Cr
Issue Size Total14,28,000 shares34,40,000 shares
Issue Size Total (Amount)up to ₹3.57 Crup to ₹10.32 Cr

IPO Timetable

Maximus International IPO opens on Mar 17, 2017, while Sarthak Metals IPO opens on Mar 10, 2017. The closing date of Maximus International IPO and Sarthak Metals IPO is Mar 22, 2017, and Mar 17, 2017, respectively.

 Maximus International IPOSarthak Metals IPO
Issue OpenMar 17, 2017Mar 10, 2017
Issue CloseMar 22, 2017Mar 17, 2017
Basis Of Allotment (Tentative)Mar 27, 2017Mar 22, 2017
Listing date (Tentative)Mar 30, 2017Mar 27, 2017

Financials & KPIs

Maximus International IPO P/E ratio is , as compared to Sarthak Metals IPO P/E ratio of .

 Maximus International IPOSarthak Metals IPO
Financials

Company Financials (Restated)

Period Ended31 Oct 201631 Mar 2016
Assets6.070.53
Total Income5.340.49
Profit After Tax0.220.01
EBITDA0.440.02
NET Worth5.620.51
Reserves and Surplus1.920.01
Total Borrowing0.27
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets55.0148.9947.1840.22
Total Income73.96128.72151.49147.22
Profit After Tax2.473.672.872.60
NET Worth26.7024.2320.5717.74
Reserves and Surplus14.6112.148.485.65
Total Borrowing24.9123.1723.5819.54
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%91.75%
Promoter Shareholding (Post-Issue)71.07%69.25%
Market Cap₹13.02 Cr.₹41.07 Cr.

Shares Offered

In the Maximus International IPO Retail Individual Investors (RII) are offered 7,14,000 shares while in Sarthak Metals IPO retail investors are offered 7,14,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Maximus International IPO and 0 shares in Sarthak Metals IPO.

 Maximus International IPOSarthak Metals IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation78,000 shares1,96,000 shares
QIB0 shares0 shares
NII7,14,000 shares17,20,000 shares
RII7,14,000 shares17,20,000 shares
Employee0 shares0 shares
Total14,28,000 shares34,40,000 shares

Bids Received (Subscription)

Maximus International IPO subscribed 2.91x in total, whereas Sarthak Metals IPO subscribed 2.02x.

 Maximus International IPOSarthak Metals IPO
NII (times)0.00x0.00x
RII (times)0.00x0.00x
Total (times)2.91x2.02x

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