Comparison between Marshall Machines IPO and Sumit Woods IPO.
IPO Details
Marshall Machines IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Sumit Woods IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of Marshall Machines IPO is up to ₹15.42 Cr whereas the issue size of the Sumit Woods IPO is up to ₹17.25 Cr. The final issue price of Marshall Machines IPO is ₹42.00 per share and of Sumit Woods IPO is ₹45.00 per share.
IPO Timetable
Marshall Machines IPO opens on Aug 28, 2018, while Sumit Woods IPO opens on Aug 29, 2018. The closing date of Marshall Machines IPO and Sumit Woods IPO is Aug 30, 2018, and Aug 31, 2018, respectively.
| | Marshall Machines IPO | Sumit Woods IPO |
|---|
| Issue Open | Aug 28, 2018 | Aug 29, 2018 |
| Issue Close | Aug 30, 2018 | Aug 31, 2018 |
| Basis Of Allotment (Tentative) | Sep 05, 2018 | Sep 05, 2018 |
| Initiation of Refunds (Tentative) | | Sep 06, 2018 |
| Credit of Share (Tentative) | | Sep 06, 2018 |
| Listing date (Tentative) | Sep 07, 2018 | Sep 10, 2018 |
Financials & KPIs
Marshall Machines IPO P/E ratio is , as compared to Sumit Woods IPO P/E ratio of .
Shares Offered
In the Marshall Machines IPO Retail Individual Investors (RII) are offered 18,36,000 shares while in Sumit Woods IPO retail investors are offered 18,36,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Marshall Machines IPO and 11,49,000 shares in Sumit Woods IPO.
| | Marshall Machines IPO | Sumit Woods IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,98,000 shares | 2,19,000 shares |
| QIB | 0 shares | 11,49,000 shares |
| NII | 18,36,000 shares | 13,41,000 shares |
| RII | 18,36,000 shares | 13,44,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 36,72,000 shares | 38,34,000 shares |
Bids Received (Subscription)
Marshall Machines IPO subscribed 2.06x in total, whereas Sumit Woods IPO subscribed 6.41x.