Comparison between Midfield Industries IPO and Technofab Engineering IPO.
Midfield Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE while Technofab Engineering IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Midfield Industries IPO is up to ₹59.85 Cr whereas the issue size of the Technofab Engineering IPO is up to ₹71.66 Cr. The final issue price of Midfield Industries IPO is ₹133.00 per share and of Technofab Engineering IPO is ₹240.00 per share.
| Midfield Industries IPO | Technofab Engineering IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹126.00 per share | ₹230.00 per share |
| Issue Price (Upper) | ₹133.00 per share | ₹240.00 per share |
| Issue Price (Final) | ₹133.00 per share | ₹240.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹20.00 per share | |
| Market Lot Size | 50 shares | 25 shares |
| Fresh Issue Size | 45,00,001 shares | 29,90,000 shares |
| Fresh Issue Size (Amount) | up to ₹59.85 Cr | up to ₹71.66 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 45,00,001 shares | 29,90,000 shares |
| Issue Size Total (Amount) | up to ₹59.85 Cr | up to ₹71.66 Cr |
Midfield Industries IPO opens on Jul 19, 2010, while Technofab Engineering IPO opens on Jun 29, 2010. The closing date of Midfield Industries IPO and Technofab Engineering IPO is Jul 21, 2010, and Jul 02, 2010, respectively.
| Midfield Industries IPO | Technofab Engineering IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jul 19, 2010 | Jun 29, 2010 |
| Issue Close | Jul 21, 2010 | Jul 02, 2010 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Aug 04, 2010 | Jul 16, 2010 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Midfield Industries IPO P/E ratio is , as compared to Technofab Engineering IPO P/E ratio of .
| Midfield Industries IPO | Technofab Engineering IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 79.76 | 51 | ||||
| Promoter Shareholding (Post-Issue) | 51.77 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹170.52 Cr. | ₹251.76 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 24.16 | 38.2 |
In the Midfield Industries IPO Retail Individual Investors (RII) are offered 15,75,000 shares while in Technofab Engineering IPO retail investors are offered 15,75,000 shares. Qualified Institutional Buyers (QIB) are offered 22,50,000 shares in Midfield Industries IPO and 14,70,000 shares in Technofab Engineering IPO.
| Midfield Industries IPO | Technofab Engineering IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 22,50,000 shares | 14,70,000 shares |
| NII | 6,75,000 shares | 4,41,000 shares |
| RII | 15,75,000 shares | 10,29,000 shares |
| Employee | 50,000 shares | |
| Others | ||
| Total | 45,00,000 shares | 29,90,000 shares |
Midfield Industries IPO subscribed 12.92x in total, whereas Technofab Engineering IPO subscribed 12.78x.
| Midfield Industries IPO | Technofab Engineering IPO | |
|---|---|---|
| QIB (times) | 1.86x | 4.28x |
| NII (times) | 48.41x | 48.85x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 13.51x | 10.03x |
| Employee (times) | 1.10x | |
| Other (times) | ||
| Total (times) | 12.92x | 12.78x |
