ICE Make Refrigeration IPO vs Zodiac Energy IPO

Comparison between ICE Make Refrigeration IPO and Zodiac Energy IPO.

IPO Details

ICE Make Refrigeration IPO is a SME Fixed Price IPO proposed to list at NSE SME while Zodiac Energy 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 Zodiac Energy IPO is up to ₹9.63 Cr. The final issue price of ICE Make Refrigeration IPO is ₹57.00 per share and of Zodiac Energy IPO is ₹52.00 per share.

 ICE Make Refrigeration IPOZodiac Energy 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₹52.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares2000 shares
Fresh Issue Size39,52,000 shares18,52,000 shares
Fresh Issue Size (Amount)up to ₹22.53 Crup to ₹9.63 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total39,52,000 shares18,52,000 shares
Issue Size Total (Amount)up to ₹22.53 Crup to ₹9.63 Cr

IPO Timetable

ICE Make Refrigeration IPO opens on Nov 28, 2017, while Zodiac Energy IPO opens on Nov 23, 2017. The closing date of ICE Make Refrigeration IPO and Zodiac Energy IPO is Nov 30, 2017, and Nov 27, 2017, respectively.

 ICE Make Refrigeration IPOZodiac Energy IPO
Issue OpenNov 28, 2017Nov 23, 2017
Issue CloseNov 30, 2017Nov 27, 2017
Basis Of Allotment (Tentative)Dec 06, 2017
Listing date (Tentative)Dec 08, 2017Dec 05, 2017

Financials & KPIs

ICE Make Refrigeration IPO P/E ratio is , as compared to Zodiac Energy IPO P/E ratio of .

 ICE Make Refrigeration IPOZodiac Energy 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)

Period Ended30 Jun 201731 Mar 201731 Mar 201631 Mar 2015
Assets11.837.875.746.68
Total Income8.2516.749.208.70
Profit After Tax0.490.240.110.05
NET Worth2.011.521.291.18
Reserves and Surplus1.130.640.400.29
Total Borrowing5.703.552.923.35
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%98.75%
Promoter Shareholding (Post-Issue)73.46%72.43%
Market Cap₹89.33 Cr.₹38.05 Cr.

Shares Offered

In the ICE Make Refrigeration IPO Retail Individual Investors (RII) are offered 19,76,000 shares while in Zodiac Energy 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 Zodiac Energy IPO.

 ICE Make Refrigeration IPOZodiac Energy IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,08,000 shares98,000 shares
QIB0 shares0 shares
NII19,76,000 shares9,26,000 shares
RII19,76,000 shares9,26,000 shares
Employee0 shares0 shares
Total39,52,000 shares18,52,000 shares

Bids Received (Subscription)

ICE Make Refrigeration IPO subscribed 274.35x in total, whereas Zodiac Energy IPO subscribed 108.73x.

 ICE Make Refrigeration IPOZodiac Energy IPO
NII (times)398.60x155.80x
RII (times)148.26x61.66x
Total (times)274.35x108.73x

Compare with others

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ICE Make Refrigeration IPO Vs Zodiac Energy IPO