Manorama Industries IPO vs Sky Gold IPO

Comparison between Manorama Industries IPO and Sky Gold IPO.

IPO Details

Manorama Industries IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sky Gold IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Manorama Industries IPO is up to ₹60.79 Cr whereas the issue size of the Sky Gold IPO is up to ₹24.25 Cr. The final issue price of Manorama Industries IPO is ₹188.00 per share and of Sky Gold IPO is ₹180.00 per share.

 Manorama Industries IPOSky Gold IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹181.00 per share
Issue Price (Upper)₹188.00 per share
Issue Price (Final)₹188.00 per share₹180.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size600 shares800 shares
Fresh Issue Size32,33,400 shares13,47,200 shares
Fresh Issue Size (Amount)up to ₹60.79 Crup to ₹24.25 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total32,33,400 shares13,47,200 shares
Issue Size Total (Amount)up to ₹60.79 Crup to ₹24.25 Cr

IPO Timetable

Manorama Industries IPO opens on Sep 21, 2018, while Sky Gold IPO opens on Sep 18, 2018. The closing date of Manorama Industries IPO and Sky Gold IPO is Sep 25, 2018, and Sep 21, 2018, respectively.

 Manorama Industries IPOSky Gold IPO
Issue OpenSep 21, 2018Sep 18, 2018
Issue CloseSep 25, 2018Sep 21, 2018
Basis Of Allotment (Tentative)Oct 01, 2018Sep 26, 2018
Initiation of Refunds (Tentative)Sep 27, 2018
Credit of Share (Tentative)Sep 28, 2018
Listing date (Tentative)Oct 04, 2018Oct 04, 2018

Financials & KPIs

Manorama Industries IPO P/E ratio is , as compared to Sky Gold IPO P/E ratio of .

 Manorama Industries IPOSky Gold IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets46.7622.6120.23
Total Income221.89146.38131.69
Profit After Tax10.361.381.08
NET Worth24.7214.3712.99
Reserves and Surplus17.1712.2110.84
Total Borrowing17.910.014.75
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets66.2436.9634.86
Total Income548.90164.41183.31
Profit After Tax2.630.940.94
NET Worth13.4810.859.91
Reserves and Surplus9.539.878.93
Total Borrowing51.8325.4824.09
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)85.99%99.98%
Promoter Shareholding (Post-Issue)59.69%73.53%
Market Cap₹209.20 Cr.₹96.69 Cr.

Shares Offered

In the Manorama Industries IPO Retail Individual Investors (RII) are offered 13,50,600 shares while in Sky Gold IPO retail investors are offered 13,50,600 shares. Qualified Institutional Buyers (QIB) are offered 5,32,200 shares in Manorama Industries IPO and 0 shares in Sky Gold IPO.

 Manorama Industries IPOSky Gold IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,71,000 shares72,800 shares
QIB5,32,200 shares0 shares
NII13,50,600 shares6,73,600 shares
RII13,50,600 shares6,73,600 shares
Employee0 shares0 shares
Total32,33,400 shares13,47,200 shares

Bids Received (Subscription)

Manorama Industries IPO subscribed 1.08x in total, whereas Sky Gold IPO subscribed 1.08x.

 Manorama Industries IPOSky Gold IPO
QIB (times)1.56x
NII (times)1.59x1.23x
RII (times)0.37x0.94x
Total (times)1.08x1.08x

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Manorama Industries IPO Vs Sky Gold IPO