Garv Industries IPO vs Mahickra Chemicals IPO

Comparision between Garv Industries IPO and Mahickra Chemicals IPO.

IPO Details

Garv Industries IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Mahickra Chemicals IPO is a SME Book Built Issue proposed to list at NSE SME.

	Garv Industries IPO	Mahickra Chemicals IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Aryaman Financial Services Limited	Pantomath Capital Advisors Pvt Ltd
Registrar	Skyline Financial Services Private Ltd	Bigshare Services Pvt Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Garv Industries IPO is up to ₹3.20 Cr whereas the issue size of the Mahickra Chemicals IPO is up to ₹5.25 Cr. The final issue price of Garv Industries IPO is ₹10.00 per share and of Mahickra Chemicals IPO is ₹25.00 per share.

	Garv Industries IPO	Mahickra Chemicals IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹24.00 per share
Issue Price (Upper)		₹25.00 per share
Issue Price (Final)	₹10.00 per share	₹25.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	10000 shares	6000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	32,00,000 shares	21,00,000 shares
Issue Size Total (Amount)	up to ₹3.20 Cr	up to ₹5.25 Cr

IPO Timetable

Garv Industries IPO opens on Apr 12, 2018, while Mahickra Chemicals IPO opens on Apr 16, 2018. The closing date of Garv Industries IPO and Mahickra Chemicals IPO is Apr 17, 2018, and Apr 18, 2018, respectively.

	Garv Industries IPO	Mahickra Chemicals IPO
Anchor Bid Date
Issue Open	Apr 12, 2018	Apr 16, 2018
Issue Close	Apr 17, 2018	Apr 18, 2018
Basis Of Allotment (Tentative)	Apr 20, 2018	Apr 23, 2018
Initiation of Refunds (Tentative)	Apr 23, 2018	Apr 24, 2018
Credit of Share (Tentative)	Apr 24, 2018	Apr 25, 2018
Listing date (Tentative)	Apr 25, 2018	Apr 26, 2018
Anchor Lockin End date 1	May 20, 2018	May 23, 2018
Anchor Lockin End date 2	Jul 19, 2018	Jul 22, 2018

Financials

Garv Industries IPO P/E ratio is , as compared to Mahickra Chemicals IPO P/E ratio of .

Garv Industries IPO

Mahickra Chemicals IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lacs)
	31-Jan-18
Total Assets	1,036.35
Total Revenue	1,459.18
Profit After Tax	11.43

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lacs)
	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Total Assets	2562.24	1817.89	1781.93	2089.50	1063.95
Total Revenue	4225.85	3478.82	4275.15	4355.99	1932.94
Profit After Tax	35.27	15.17	8.60	17.36	9.31

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Garv Industries IPO retail investors (RII) are offered 15,91,500 shares while in Mahickra Chemicals IPO retail investors are offered 15,91,500 shares. Qualified institutional buyers (QIB) are offered 0 shares in Garv Industries IPO and 0 shares in Mahickra Chemicals IPO.

	Garv Industries IPO	Mahickra Chemicals IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,70,000 shares	1,08,000 shares
QIB	0 shares	0 shares
NII	15,91,500 shares	9,96,000 shares
RII	15,91,500 shares	9,96,000 shares
Employee
Others
Total	32,00,000 shares	21,00,000 shares

Bids Received (Subscription)

Garv Industries IPO subscribed 2.13x in total, whereas Mahickra Chemicals IPO subscribed 27.85x.

	Garv Industries IPO	Mahickra Chemicals IPO
QIB (times)
NII (times)	2.17x	22.42x
Big NII (times)
Small NII (times)
RII (times)	1.89x	9.88x
Employee (times)
Other (times)
Total (times)	2.13x	27.85x

Compare with others

Garv Industries IPO	Mahickra Chemicals IPO
SoftTech Engineers IPO	Aakash Exploration IPO
Godha Cabcon Insulation IPO	Garv Industries IPO
Akshar Spintex IPO	Indo US BioTech IPO
Dr Lalchandani Labs IPO	Bombay Super Hybrid Seeds IPO
Aakash Exploration IPO	Power Instrumentation Gujarat IPO
Indo US BioTech IPO	Narmada Agrobase IPO
Bombay Super Hybrid Seeds IPO	Vera Synthetic IPO
Power Instrumentation Gujarat IPO	Dhruv Consultancy IPO
Mahickra Chemicals IPO	Soni Soya IPO
Narmada Agrobase IPO	S.S. Infrastructure IPO

Comments

Add a public comment...