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Milton Industries IPO vs Siddharth Education IPO

Comparison between Milton Industries IPO and Siddharth Education IPO.

IPO Details

Milton Industries IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Siddharth Education IPO is a SME Bookbuilding proposed to list at BSE SME.

 Milton Industries IPOSiddharth Education IPO
LogoMilton Industries IPO LogoSiddharth Education IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMEBSE SME
Lead ManagersSwastika Investmart Ltd.Gretex Corporate Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerBeeline Broking Ltd.Gretex Share Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Milton Industries IPO is up to ₹13.55 Cr whereas the issue size of the Siddharth Education IPO is up to ₹10.33 Cr. The final issue price of Milton Industries IPO is ₹34.00 per share and of Siddharth Education IPO is ₹35.00 per share.

 Milton Industries IPOSiddharth Education IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹30.00 per share
Issue Price (Upper)₹35.00 per share
Issue Price (Final)₹34.00 per share₹35.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares4000 shares
Fresh Issue Size39,84,000 shares29,52,000 shares
Fresh Issue Size (Amount)up to ₹13.55 Crup to ₹10.33 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total39,84,000 shares29,52,000 shares
Issue Size Total (Amount)up to ₹13.55 Crup to ₹10.33 Cr

IPO Timetable

Milton Industries IPO opens on Sep 29, 2017, while Siddharth Education IPO opens on Sep 29, 2017. The closing date of Milton Industries IPO and Siddharth Education IPO is Oct 06, 2017, and Oct 05, 2017, respectively.

 Milton Industries IPOSiddharth Education IPO
Issue OpenSep 29, 2017Sep 29, 2017
Issue CloseOct 06, 2017Oct 05, 2017
Basis Of Allotment (Tentative)Oct 11, 2017Oct 10, 2017
Listing date (Tentative)Oct 16, 2017Oct 12, 2017

Financials & KPIs

Milton Industries IPO P/E ratio is , as compared to Siddharth Education IPO P/E ratio of .

 Milton Industries IPOSiddharth Education IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets55.9348.5247.67
Total Income43.6342.0342.28
Profit After Tax1.150.220.63
NET Worth13.3412.1711.92
Reserves and Surplus8.347.176.92
Total Borrowing21.0321.9419.29
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets14.2412.089.07
Total Income4.953.692.08
Profit After Tax0.970.65-0.31
NET Worth5.434.463.81
Reserves and Surplus2.221.250.60
Total Borrowing6.856.654.92
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.39%98.67%
Promoter Shareholding (Post-Issue)72.37%72.22%
Market Cap₹52.53 Cr.₹40.60 Cr.

Shares Offered

In the Milton Industries IPO Retail Individual Investors (RII) are offered 19,92,000 shares while in Siddharth Education IPO retail investors are offered 19,92,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Milton Industries IPO and 0 shares in Siddharth Education IPO.

 Milton Industries IPOSiddharth Education IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,16,000 shares1,56,000 shares
QIB0 shares0 shares
NII19,92,000 shares14,76,000 shares
RII19,92,000 shares14,76,000 shares
Employee0 shares0 shares
Total39,84,000 shares29,52,000 shares

Bids Received (Subscription)

Milton Industries IPO subscribed 14.61x in total, whereas Siddharth Education IPO subscribed 1.35x.

 Milton Industries IPOSiddharth Education IPO
NII (times)11.11x1.86x
RII (times)18.11x0.84x
Total (times)14.61x1.35x

Compare with others

Milton Industries IPOSiddharth Education IPO
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Shreeji Translogistics IPOMilton Industries IPO
Siddharth Education IPOShree Ganesh Remedies IPO
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Compare:

Milton Industries IPO Vs Siddharth Education IPO