Indo US BioTech IPO vs Mahickra Chemicals IPO

Comparision between Indo US BioTech IPO and Mahickra Chemicals IPO.

IPO Details

Indo US BioTech 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.

	Indo US BioTech 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	Swastika Investmart Ltd	Pantomath Capital Advisors Pvt Ltd
Registrar	Bigshare Services Pvt 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 Indo US BioTech IPO is up to ₹7.29 Cr whereas the issue size of the Mahickra Chemicals IPO is up to ₹5.25 Cr. The final issue price of Indo US BioTech IPO is ₹51.00 per share and of Mahickra Chemicals IPO is ₹25.00 per share.

	Indo US BioTech 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)	₹51.00 per share	₹25.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	6000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	14,30,000 shares	21,00,000 shares
Issue Size Total (Amount)	up to ₹7.29 Cr	up to ₹5.25 Cr

IPO Timetable

Indo US BioTech IPO opens on Apr 30, 2018, while Mahickra Chemicals IPO opens on Apr 16, 2018. The closing date of Indo US BioTech IPO and Mahickra Chemicals IPO is May 03, 2018, and Apr 18, 2018, respectively.

	Indo US BioTech IPO	Mahickra Chemicals IPO
Anchor Bid Date
Issue Open	Apr 30, 2018	Apr 16, 2018
Issue Close	May 03, 2018	Apr 18, 2018
Basis Of Allotment (Tentative)		Apr 23, 2018
Initiation of Refunds (Tentative)		Apr 24, 2018
Credit of Share (Tentative)		Apr 25, 2018
Listing date (Tentative)		Apr 26, 2018
Anchor Lockin End date 1		May 23, 2018
Anchor Lockin End date 2		Jul 22, 2018

Financials

Indo US BioTech IPO P/E ratio is , as compared to Mahickra Chemicals IPO P/E ratio of .

Indo US BioTech IPO

Mahickra Chemicals IPO

Financial

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	1,293.66	1,368.76	767.52	605.19	626.38
Total Revenue	2,457.79	1,914.53	1,966.07	1,485.50	1,493.84
Profit After Tax	64.99	35.99	49.59	25.96	29.94

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 Indo US BioTech IPO retail investors (RII) are offered 6,78,000 shares while in Mahickra Chemicals IPO retail investors are offered 6,78,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Indo US BioTech IPO and 0 shares in Mahickra Chemicals IPO.

	Indo US BioTech IPO	Mahickra Chemicals IPO
Anchor Investor Reserveration
Market Maker Reserveration	74,000 shares	1,08,000 shares
QIB	0 shares	0 shares
NII	6,78,000 shares	9,96,000 shares
RII	6,78,000 shares	9,96,000 shares
Employee
Others
Total	14,30,000 shares	21,00,000 shares

Bids Received (Subscription)

Indo US BioTech IPO subscribed 19.74x in total, whereas Mahickra Chemicals IPO subscribed 27.85x.

	Indo US BioTech IPO	Mahickra Chemicals IPO
QIB (times)
NII (times)	19.52x	22.42x
Big NII (times)
Small NII (times)
RII (times)	19.87x	9.88x
Employee (times)
Other (times)
Total (times)	19.74x	27.85x

Compare with others

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

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