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Madhav Copper IPO vs Steel City Securities IPO

Comparison between Madhav Copper IPO and Steel City Securities IPO.

IPO Details

Madhav Copper IPO is a SME Fixed Price IPO proposed to list at NSE SME while Steel City Securities IPO is a SME Fixed Price proposed to list at NSE SME.

 Madhav Copper IPOSteel City Securities IPO
LogoMadhav Copper IPO LogoSteel City Securities IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersPantomath Capital Advisors Pvt.Ltd.Keynote Financial Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerPantomath Stock Brokers Pvt.Ltd.Keynote Capitals Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Madhav Copper IPO is up to ₹4.25 Cr whereas the issue size of the Steel City Securities IPO is up to ₹25.64 Cr. The final issue price of Madhav Copper IPO is ₹81.00 per share and of Steel City Securities IPO is ₹55.00 per share.

 Madhav Copper IPOSteel City Securities IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹81.00 per share₹55.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1600 shares2000 shares
Fresh Issue Size5,24,800 shares24,80,183 shares
Fresh Issue Size (Amount)up to ₹4.25 Crup to ₹13.64 Cr
OFS Issue Size0 shares21,81,817 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹12.00 Cr
Issue Size Total5,24,800 shares46,62,000 shares
Issue Size Total (Amount)up to ₹4.25 Crup to ₹25.64 Cr

IPO Timetable

Madhav Copper IPO opens on Jan 23, 2017, while Steel City Securities IPO opens on Feb 06, 2017. The closing date of Madhav Copper IPO and Steel City Securities IPO is Jan 27, 2017, and Feb 09, 2017, respectively.

 Madhav Copper IPOSteel City Securities IPO
Issue OpenJan 23, 2017Feb 06, 2017
Issue CloseJan 27, 2017Feb 09, 2017
Basis Of Allotment (Tentative)Feb 14, 2017
Listing date (Tentative)Feb 06, 2017Feb 17, 2017

Financials & KPIs

Madhav Copper IPO P/E ratio is , as compared to Steel City Securities IPO P/E ratio of .

 Madhav Copper IPOSteel City Securities IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets16.968.4312.014.94
Total Income23.6835.6419.691.12
Profit After Tax0.580.660.35-0.43
NET Worth2.662.081.420.32
Reserves and Surplus1.160.58-0.08-0.43
Total Borrowing8.085.516.403.66
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets88.1975.7785.7372.18
Total Income16.2626.6631.6421.67
Profit After Tax2.653.936.573.29
NET Worth51.3648.6546.5345.20
Reserves and Surplus38.9836.2734.1532.82
Total Borrowing4.744.8017.643.42
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00%69.56%
Promoter Shareholding (Post-Issue)73.04%42.58%
Market Cap₹219.86 Cr.₹83.09 Cr.

Shares Offered

In the Madhav Copper IPO Retail Individual Investors (RII) are offered 2,62,400 shares while in Steel City Securities IPO retail investors are offered 2,62,400 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Madhav Copper IPO and 0 shares in Steel City Securities IPO.

 Madhav Copper IPOSteel City Securities IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation28,800 shares2,46,000 shares
QIB0 shares0 shares
NII2,62,400 shares23,31,000 shares
RII2,62,400 shares23,31,000 shares
Employee0 shares0 shares
Total5,24,800 shares46,62,000 shares

Bids Received (Subscription)

Madhav Copper IPO subscribed 10.73x in total, whereas Steel City Securities IPO subscribed 4.82x.

 Madhav Copper IPOSteel City Securities IPO
NII (times)6.34x3.12x
RII (times)15.12x6.51x
Total (times)10.73x4.82x

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Madhav Copper IPOSteel City Securities IPO
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Compare:

Madhav Copper IPO Vs Steel City Securities IPO