ICE Make Refrigeration IPO vs Vertoz Advertising IPO

Comparison between ICE Make Refrigeration IPO and Vertoz Advertising IPO.

IPO Details

ICE Make Refrigeration IPO is a SME Fixed Price IPO proposed to list at NSE SME while Vertoz Advertising IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of ICE Make Refrigeration IPO is up to ₹22.53 Cr whereas the issue size of the Vertoz Advertising IPO is up to ₹16.25 Cr. The final issue price of ICE Make Refrigeration IPO is ₹57.00 per share and of Vertoz Advertising IPO is ₹108.00 per share.

 ICE Make Refrigeration IPOVertoz Advertising IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹55.00 per share
Issue Price (Upper)₹57.00 per share
Issue Price (Final)₹57.00 per share₹108.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares1200 shares
Fresh Issue Size39,52,000 shares15,04,800 shares
Fresh Issue Size (Amount)up to ₹22.53 Crup to ₹16.25 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total39,52,000 shares15,04,800 shares
Issue Size Total (Amount)up to ₹22.53 Crup to ₹16.25 Cr

IPO Timetable

ICE Make Refrigeration IPO opens on Nov 28, 2017, while Vertoz Advertising IPO opens on Nov 14, 2017. The closing date of ICE Make Refrigeration IPO and Vertoz Advertising IPO is Nov 30, 2017, and Nov 16, 2017, respectively.

 ICE Make Refrigeration IPOVertoz Advertising IPO
Issue OpenNov 28, 2017Nov 14, 2017
Issue CloseNov 30, 2017Nov 16, 2017
Basis Of Allotment (Tentative)Dec 06, 2017
Listing date (Tentative)Dec 08, 2017Nov 24, 2017

Financials & KPIs

ICE Make Refrigeration IPO P/E ratio is , as compared to Vertoz Advertising IPO P/E ratio of .

 ICE Make Refrigeration IPOVertoz Advertising IPO
Financials

Company Financials (Restated Standalone)

Period Ended30 Jun 201731 Mar 201731 Mar 201631 Mar 2015
Assets53.1854.8838.6733.40
Total Income23.0587.8871.8250.62
Profit After Tax1.475.112.640.93
NET Worth16.9515.4910.387.74
Reserves and Surplus5.448.293.186.30
Total Borrowing15.4514.3813.4811.99
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Jun 201731 Mar 201731 Mar 201631 Mar 2015
Assets11.039.073.381.87
Total Income3.3910.805.864.17
Profit After Tax0.491.120.140.24
NET Worth2.081.590.470.33
Reserves and Surplus2.061.570.450.31
Total Borrowing5.824.060.300.26
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%99.32%
Promoter Shareholding (Post-Issue)73.46%73.03%
Market Cap₹89.33 Cr.₹64.64 Cr.

Shares Offered

In the ICE Make Refrigeration IPO Retail Individual Investors (RII) are offered 19,76,000 shares while in Vertoz Advertising IPO retail investors are offered 19,76,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in ICE Make Refrigeration IPO and 0 shares in Vertoz Advertising IPO.

 ICE Make Refrigeration IPOVertoz Advertising IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,08,000 shares79,200 shares
QIB0 shares0 shares
NII19,76,000 shares7,52,400 shares
RII19,76,000 shares7,52,400 shares
Employee0 shares0 shares
Total39,52,000 shares15,04,800 shares

Bids Received (Subscription)

ICE Make Refrigeration IPO subscribed 274.35x in total, whereas Vertoz Advertising IPO subscribed 4.34x.

 ICE Make Refrigeration IPOVertoz Advertising IPO
NII (times)398.60x5.55x
RII (times)148.26x3.13x
Total (times)274.35x4.34x

Compare with others

Compare:

ICE Make Refrigeration IPO Vs Vertoz Advertising IPO