Comparison between Milestone Furniture IPO and SoftTech Engineers IPO.
Milestone Furniture IPO is a SME Bookbuilding IPO proposed to list at BSE SME while SoftTech Engineers IPO is a SME Bookbuilding proposed to list at NSE SME.
| Milestone Furniture IPO | SoftTech Engineers 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. | Small Industries Development Bank of India Pantomath Capital Advisors Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Monarch Networth Capital Ltd. | Pantomath Stock Brokers Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| 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 SoftTech Engineers IPO is up to ₹21.66 Cr. The final issue price of Milestone Furniture IPO is ₹45.00 per share and of SoftTech Engineers IPO is ₹80.00 per share.
| Milestone Furniture IPO | SoftTech Engineers IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹78.00 per share | |
| Issue Price (Upper) | ₹80.00 per share | |
| Issue Price (Final) | ₹45.00 per share | ₹80.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 3000 shares | 1600 shares |
| Fresh Issue Size | 31,32,000 shares | 22,27,200 shares |
| Fresh Issue Size (Amount) | up to ₹14.09 Cr | up to ₹17.82 Cr |
| OFS Issue Size | 0 shares | 4,80,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹3.84 Cr |
| Issue Size Total | 31,32,000 shares | 27,07,200 shares |
| Issue Size Total (Amount) | up to ₹14.09 Cr | up to ₹21.66 Cr |
Milestone Furniture IPO opens on May 07, 2018, while SoftTech Engineers IPO opens on Apr 27, 2018. The closing date of Milestone Furniture IPO and SoftTech Engineers IPO is May 11, 2018, and May 03, 2018, respectively.
| Milestone Furniture IPO | SoftTech Engineers IPO | |
|---|---|---|
| Issue Open | May 07, 2018 | Apr 27, 2018 |
| Issue Close | May 11, 2018 | May 03, 2018 |
| Basis Of Allotment (Tentative) | May 16, 2018 | May 08, 2018 |
| Initiation of Refunds (Tentative) | May 17, 2018 | |
| Credit of Share (Tentative) | May 18, 2018 | |
| Listing date (Tentative) | May 21, 2018 | May 11, 2018 |
Milestone Furniture IPO P/E ratio is , as compared to SoftTech Engineers IPO P/E ratio of .
| Milestone Furniture IPO | SoftTech Engineers IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100% | 56.92% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 64.54% | 42.6% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹41.84 Cr. | ₹75.38 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Milestone Furniture IPO Retail Individual Investors (RII) are offered 15,66,000 shares while in SoftTech Engineers IPO retail investors are offered 15,66,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Milestone Furniture IPO and 13,52,000 shares in SoftTech Engineers IPO.
| Milestone Furniture IPO | SoftTech Engineers IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,65,000 shares | 1,44,000 shares |
| QIB | 0 shares | 13,52,000 shares |
| NII | 15,66,000 shares | 4,06,400 shares |
| RII | 15,66,000 shares | 9,48,800 shares |
| Employee | 0 shares | 0 shares |
| Total | 31,32,000 shares | 27,07,200 shares |
Milestone Furniture IPO subscribed 3.70x in total, whereas SoftTech Engineers IPO subscribed 30.82x.
| Milestone Furniture IPO | SoftTech Engineers IPO | |
|---|---|---|
| QIB (times) | 1.48x | |
| NII (times) | 0.72x | 103.96x |
| RII (times) | 6.67x | 41.28x |
| Total (times) | 3.70x | 30.82x |
