Mahickra Chemicals IPO vs Soni Soya Products IPO

Comparison between Mahickra Chemicals IPO and Soni Soya Products IPO.

IPO Details

Mahickra Chemicals IPO is a SME Fixed Price IPO proposed to list at NSE SME while Soni Soya Products IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Mahickra Chemicals IPO is up to ₹4.98 Cr whereas the issue size of the Soni Soya Products IPO is up to ₹4.26 Cr. The final issue price of Mahickra Chemicals IPO is ₹25.00 per share and of Soni Soya Products IPO is ₹25.00 per share.

 Mahickra Chemicals IPOSoni Soya Products IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹24.00 per share
Issue Price (Upper)₹25.00 per share
Issue Price (Final)₹25.00 per share₹25.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size6000 shares6000 shares
Fresh Issue Size19,92,000 shares17,04,000 shares
Fresh Issue Size (Amount)up to ₹4.98 Crup to ₹4.26 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total19,92,000 shares17,04,000 shares
Issue Size Total (Amount)up to ₹4.98 Crup to ₹4.26 Cr

IPO Timetable

Mahickra Chemicals IPO opens on Apr 16, 2018, while Soni Soya Products IPO opens on Mar 28, 2018. The closing date of Mahickra Chemicals IPO and Soni Soya Products IPO is Apr 18, 2018, and Apr 04, 2018, respectively.

 Mahickra Chemicals IPOSoni Soya Products IPO
Issue OpenApr 16, 2018Mar 28, 2018
Issue CloseApr 18, 2018Apr 04, 2018
Basis Of Allotment (Tentative)Apr 23, 2018Apr 09, 2018
Initiation of Refunds (Tentative)Apr 24, 2018Apr 10, 2018
Credit of Share (Tentative)Apr 25, 2018Apr 11, 2018
Listing date (Tentative)Apr 26, 2018Apr 12, 2018

Financials & KPIs

Mahickra Chemicals IPO P/E ratio is , as compared to Soni Soya Products IPO P/E ratio of .

 Mahickra Chemicals IPOSoni Soya Products IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 201731 Mar 201731 Mar 201631 Mar 2015
Assets30.2825.6218.1817.82
Total Income4.3442.2634.7942.75
Profit After Tax0.020.350.150.09
EBITDA3.302.972.512.55
Reserves and Surplus1.63
Total Borrowing6.606.645.965.41
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets23.7117.355.386.69
Total Income35.2228.7715.198.00
Profit After Tax0.750.500.080.21
EBITDA1.130.160.31
NET Worth5.483.030.730.22
Reserves and Surplus2.182.890.690.21
Total Borrowing5.264.950.640.51
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)67.74%71.99%
Promoter Shareholding (Post-Issue)48.07%46.86%
Market Cap₹18.09 Cr.₹12.89 Cr.

Shares Offered

In the Mahickra Chemicals IPO Retail Individual Investors (RII) are offered 9,96,000 shares while in Soni Soya Products IPO retail investors are offered 9,96,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Mahickra Chemicals IPO and 0 shares in Soni Soya Products IPO.

 Mahickra Chemicals IPOSoni Soya Products IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,08,000 shares96,000 shares
QIB0 shares0 shares
NII9,96,000 shares7,53,000 shares
RII9,96,000 shares7,53,000 shares
Employee0 shares1,98,000 shares
Total19,92,000 shares17,04,000 shares

Bids Received (Subscription)

Mahickra Chemicals IPO subscribed 27.85x in total, whereas Soni Soya Products IPO subscribed 2.86x.

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