Comparison between Milestone Furniture IPO and Sirca Paints IPO.
IPO Details
Milestone Furniture IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Sirca Paints IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of Milestone Furniture IPO is up to ₹14.09 Cr whereas the issue size of the Sirca Paints IPO is up to ₹74.01 Cr. The final issue price of Milestone Furniture IPO is ₹45.00 per share and of Sirca Paints IPO is ₹160.00 per share.
IPO Timetable
Milestone Furniture IPO opens on May 07, 2018, while Sirca Paints IPO opens on May 16, 2018. The closing date of Milestone Furniture IPO and Sirca Paints IPO is May 11, 2018, and May 22, 2018, respectively.
| | Milestone Furniture IPO | Sirca Paints IPO |
|---|
| Anchor Bid Date | | May 15, 2018 |
| Issue Open | May 07, 2018 | May 16, 2018 |
| Issue Close | May 11, 2018 | May 22, 2018 |
| Basis Of Allotment (Tentative) | May 16, 2018 | May 25, 2018 |
| Initiation of Refunds (Tentative) | May 17, 2018 | |
| Credit of Share (Tentative) | May 18, 2018 | |
| Listing date (Tentative) | May 21, 2018 | May 30, 2018 |
| Anchor Lockin End date 1 | | Jun 21, 2018 |
Financials & KPIs
Milestone Furniture IPO P/E ratio is , as compared to Sirca Paints IPO P/E ratio of .
Shares Offered
In the Milestone Furniture IPO Retail Individual Investors (RII) are offered 15,66,000 shares while in Sirca Paints IPO retail investors are offered 15,66,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Milestone Furniture IPO and 9,28,000 shares in Sirca Paints IPO.
| | Milestone Furniture IPO | Sirca Paints IPO |
|---|
| Anchor Investor Reservation | 0 shares | 13,70,400 shares |
| Market Maker Reservation | 1,65,000 shares | 2,44,000 shares |
| QIB | 0 shares | 9,28,000 shares |
| NII | 15,66,000 shares | 6,99,200 shares |
| RII | 15,66,000 shares | 16,28,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 31,32,000 shares | 46,25,600 shares |
Bids Received (Subscription)
Milestone Furniture IPO subscribed 3.70x in total, whereas Sirca Paints IPO subscribed 8.32x.
