Comparison between Milestone Furniture IPO and Sirca Paints IPO.
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.
| Milestone Furniture IPO | Sirca Paints IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Monarch Networth Capital Ltd. | Navigant Corporate Advisors Ltd. |
| Registrar | Kfin Technologies Ltd. | Kfin Technologies Ltd. |
| Market Maker | Monarch Networth Capital Ltd. | Bhaijee Portfolio Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
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.
| Milestone Furniture IPO | Sirca Paints IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹151.00 per share | |
| Issue Price (Upper) | ₹160.00 per share | |
| Issue Price (Final) | ₹45.00 per share | ₹160.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 800 shares |
| Fresh Issue Size | 31,32,000 shares | 46,25,600 shares |
| Fresh Issue Size (Amount) | up to ₹14.09 Cr | up to ₹74.01 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 31,32,000 shares | 46,25,600 shares |
| Issue Size Total (Amount) | up to ₹14.09 Cr | up to ₹74.01 Cr |
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 | |
| 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 | ||
| Anchor Lockin End date 2 |
Milestone Furniture IPO P/E ratio is , as compared to Sirca Paints IPO P/E ratio of .
| Milestone Furniture IPO | Sirca Paints IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹41.84 Cr. | ₹292.31 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
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 in Milestone Furniture IPO and 9,28,000 shares in Sirca Paints IPO.
| Milestone Furniture IPO | Sirca Paints IPO | |
|---|---|---|
| Anchor Investor Reservation | 13,70,400 shares | |
| Market Maker Reservation | 1,65,000 shares | 2,44,000 shares |
| QIB | 9,28,000 shares | |
| NII | 15,66,000 shares | 6,99,200 shares |
| RII | 15,66,000 shares | 16,28,000 shares |
| Employee | ||
| Others | ||
| Total | 31,32,000 shares | 46,25,600 shares |
Milestone Furniture IPO subscribed 3.70x in total, whereas Sirca Paints IPO subscribed 8.32x.
| Milestone Furniture IPO | Sirca Paints IPO | |
|---|---|---|
| QIB (times) | 1.25x | |
| NII (times) | 0.72x | 32.05x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 6.67x | 9.16x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 3.70x | 8.32x |
