Macpower CNC Machines IPO vs Shreeshay Engineers IPO

Comparison between Macpower CNC Machines IPO and Shreeshay Engineers IPO.

IPO Details

Macpower CNC Machines IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shreeshay Engineers IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Macpower CNC Machines IPO is up to ₹34.47 Cr whereas the issue size of the Shreeshay Engineers IPO is up to ₹5.11 Cr. The final issue price of Macpower CNC Machines IPO is ₹140.00 per share and of Shreeshay Engineers IPO is ₹15.00 per share.

 Macpower CNC Machines IPOShreeshay Engineers IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹126.00 per share
Issue Price (Upper)₹140.00 per share
Issue Price (Final)₹140.00 per share₹15.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1000 shares8000 shares
Fresh Issue Size24,62,000 shares34,08,000 shares
Fresh Issue Size (Amount)up to ₹34.47 Crup to ₹5.11 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total24,62,000 shares34,08,000 shares
Issue Size Total (Amount)up to ₹34.47 Crup to ₹5.11 Cr

IPO Timetable

Macpower CNC Machines IPO opens on Mar 12, 2018, while Shreeshay Engineers IPO opens on Mar 09, 2018. The closing date of Macpower CNC Machines IPO and Shreeshay Engineers IPO is Mar 14, 2018, and Mar 13, 2018, respectively.

 Macpower CNC Machines IPOShreeshay Engineers IPO
Anchor Bid DateMar 09, 2018
Issue OpenMar 12, 2018Mar 09, 2018
Issue CloseMar 14, 2018Mar 13, 2018
Basis Of Allotment (Tentative)Mar 20, 2018Mar 16, 2018
Listing date (Tentative)Mar 22, 2018Mar 21, 2018
Anchor Lockin End date 1Apr 13, 2018

Financials & KPIs

Macpower CNC Machines IPO P/E ratio is , as compared to Shreeshay Engineers IPO P/E ratio of .

 Macpower CNC Machines IPOShreeshay Engineers IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets33.5032.4124.9926.71
Total Income46.4569.5564.1664.26
Profit After Tax2.500.790.490.29
NET Worth6.813.662.861.87
Reserves and Surplus6.093.062.261.37
Total Borrowing1.013.913.967.62
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Oct 201731 Mar 201731 Mar 201631 Mar 2015
Assets14.861.401.281.25
Total Income0.290.220.100.10
Profit After Tax0.150.160.040.04
NET Worth14.331.311.151.11
Reserves and Surplus4.960.820.670.62
Total Borrowing0.240.000.000.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)94.09%100%
Promoter Shareholding (Post-Issue)69.00%72.73%
Market Cap₹137.31 Cr.₹19.81 Cr.

Shares Offered

In the Macpower CNC Machines IPO Retail Individual Investors (RII) are offered 8,62,000 shares while in Shreeshay Engineers IPO retail investors are offered 8,62,000 shares. Qualified Institutional Buyers (QIB) are offered 5,16,000 shares in Macpower CNC Machines IPO and in Shreeshay Engineers IPO.

 Macpower CNC Machines IPOShreeshay Engineers IPO
Anchor Investor Reservation7,14,000 shares
Market Maker Reservation1,53,000 shares1,92,000 shares
QIB5,16,000 shares
NII3,70,000 shares17,04,000 shares
RII8,62,000 shares17,04,000 shares
Employee0 shares
Total24,62,000 shares34,08,000 shares

Bids Received (Subscription)

Macpower CNC Machines IPO subscribed 3.80x in total, whereas Shreeshay Engineers IPO subscribed 1.11x.

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Macpower CNC Machines IPO Vs Shreeshay Engineers IPO