ICL Organic Dairy Products IPO vs SM Auto Stamping IPO

Comparison between ICL Organic Dairy Products IPO and SM Auto Stamping IPO.

IPO Details

ICL Organic Dairy Products IPO is a SME Fixed Price IPO proposed to list at BSE SME while SM Auto Stamping IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of ICL Organic Dairy Products IPO is up to ₹3.88 Cr whereas the issue size of the SM Auto Stamping IPO is up to ₹6.55 Cr. The final issue price of ICL Organic Dairy Products IPO is ₹20.00 per share and of SM Auto Stamping IPO is ₹18.00 per share.

 ICL Organic Dairy Products IPOSM Auto Stamping IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹20.00 per share₹18.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares8000 shares
Fresh Issue Size19,38,000 shares36,40,000 shares
Fresh Issue Size (Amount)up to ₹3.88 Crup to ₹6.55 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total19,38,000 shares36,40,000 shares
Issue Size Total (Amount)up to ₹3.88 Crup to ₹6.55 Cr

IPO Timetable

ICL Organic Dairy Products IPO opens on Jan 31, 2020, while SM Auto Stamping IPO opens on Mar 03, 2020. The closing date of ICL Organic Dairy Products IPO and SM Auto Stamping IPO is Feb 07, 2020, and Mar 05, 2020, respectively.

 ICL Organic Dairy Products IPOSM Auto Stamping IPO
Issue OpenJan 31, 2020Mar 03, 2020
Issue CloseFeb 07, 2020Mar 05, 2020
Basis Of Allotment (Tentative)Feb 11, 2020Mar 11, 2020
Initiation of Refunds (Tentative)Feb 12, 2020Mar 12, 2020
Credit of Share (Tentative)Feb 13, 2020Mar 13, 2020
Listing date (Tentative)Feb 17, 2020Mar 16, 2020

Financials & KPIs

ICL Organic Dairy Products IPO P/E ratio is 80, as compared to SM Auto Stamping IPO P/E ratio of 300.

 ICL Organic Dairy Products IPOSM Auto Stamping IPO
Financials

Company Financials (Restated)

Period Ended31 Jul 201931 Mar 201931 Mar 201831 Mar 2017
Assets4.553.173.282.26
Total Income2.2315.7312.072.53
Profit After Tax0.050.280.350.05
EBITDA0.070.390.480.07
NET Worth3.002.950.450.10
Reserves and Surplus1.311.830.440.09
Total Borrowing1.402.582.11
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 201931 Mar 201931 Mar 201831 Mar 2017
Assets47.2653.3252.8952.52
Total Income32.2276.3065.9053.36
Profit After Tax0.043.070.74-1.77
EBITDA1.706.573.191.64
NET Worth11.2511.218.557.71
Reserves and Surplus0.819.907.256.41
Total Borrowing23.8621.5421.5026.58
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)72.71%100%
Promoter Shareholding (Post-Issue)47.99%73.12%
P/E Ratio80300
Market Cap₹12.00 Cr.₹25.72 Cr.

Shares Offered

In the ICL Organic Dairy Products IPO Retail Individual Investors (RII) are offered 9,72,000 shares while in SM Auto Stamping IPO retail investors are offered 9,72,000 shares. Qualified Institutional Buyers (QIB) are offered in ICL Organic Dairy Products IPO and in SM Auto Stamping IPO.

 ICL Organic Dairy Products IPOSM Auto Stamping IPO
Market Maker Reservation1,02,000 shares2,00,000 shares
NII9,66,000 shares18,16,000 shares
RII9,72,000 shares18,24,000 shares
Total19,38,000 shares36,40,000 shares

Bids Received (Subscription)

ICL Organic Dairy Products IPO subscribed 3.08x in total, whereas SM Auto Stamping IPO subscribed 1.34x.

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ICL Organic Dairy Products IPO Vs SM Auto Stamping IPO