Innovative Ideals IPO vs Mac Hotels IPO

Comparision between Innovative Ideals IPO and Mac Hotels IPO.

IPO Details

Innovative Ideals IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Mac Hotels IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Innovative Ideals IPO	Mac Hotels IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Pantomath Capital Advisors Pvt Ltd	Gretex Corporate Services Limited
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 Innovative Ideals IPO is up to ₹12.26 Cr whereas the issue size of the Mac Hotels IPO is up to ₹1.94 Cr. The final issue price of Innovative Ideals IPO is ₹40.00 per share and of Mac Hotels IPO is ₹24.00 per share.

	Innovative Ideals IPO	Mac Hotels IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹36.00 per share
Issue Price (Upper)	₹40.00 per share
Issue Price (Final)	₹40.00 per share	₹24.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	6000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	30,66,000 shares	8,10,000 shares
Issue Size Total (Amount)	up to ₹12.26 Cr	up to ₹1.94 Cr

IPO Timetable

Innovative Ideals IPO opens on Sep 24, 2018, while Mac Hotels IPO opens on Sep 19, 2018. The closing date of Innovative Ideals IPO and Mac Hotels IPO is Sep 26, 2018, and Sep 25, 2018, respectively.

	Innovative Ideals IPO	Mac Hotels IPO
Anchor Bid Date
Issue Open	Sep 24, 2018	Sep 19, 2018
Issue Close	Sep 26, 2018	Sep 25, 2018
Basis Of Allotment (Tentative)	Oct 01, 2018
Initiation of Refunds (Tentative)	Oct 03, 2018
Credit of Share (Tentative)	Oct 04, 2018
Listing date (Tentative)	Oct 05, 2018
Anchor Lockin End date 1	Oct 31, 2018
Anchor Lockin End date 2	Dec 30, 2018

Financials

Innovative Ideals IPO P/E ratio is , as compared to Mac Hotels IPO P/E ratio of .

Innovative Ideals IPO

Mac Hotels IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	3,479.82	2,287.04	2081.86	2,355.01	4,774.17
Total Revenue	2,031.84	1,074.57	1,217.81	1,245.07	1,281.61
Profit After Tax	308.79	96.76	1.36	15.56	50.26

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Dec-17	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Total Assets	575.15	563.78	301.09	259.04	265.69	229.95
Total Revenue	239.77	310.13	188.32	193.10	141.76	118.12
Profit After Tax	8.00	13.05	8.43	8.76	8.83	(1.27)

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Innovative Ideals IPO retail investors (RII) are offered 14,55,500 shares while in Mac Hotels IPO retail investors are offered 14,55,500 shares. Qualified institutional buyers (QIB) are offered in Innovative Ideals IPO and in Mac Hotels IPO.

	Innovative Ideals IPO	Mac Hotels IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,55,000 shares	42,000 shares
QIB
NII	14,55,500 shares	3,84,000 shares
RII	14,55,500 shares	3,84,000 shares
Employee
Others
Total	29,11,000 shares	7,68,000 shares

Bids Received (Subscription)

Innovative Ideals IPO subscribed 1.30x in total, whereas Mac Hotels IPO subscribed 1.52x.

	Innovative Ideals IPO	Mac Hotels IPO
QIB (times)
NII (times)	1.01x	1.88x
Big NII (times)
Small NII (times)
RII (times)	1.58x	1.17x
Employee (times)
Other (times)
Total (times)	1.30x	1.52x

Compare with others

Innovative Ideals IPO	Mac Hotels IPO
Marine Electricals IPO	Parin Furniture IPO
Parin Furniture IPO	Rajnandini Metal IPO
Rajnandini Metal IPO	Mindpool Technologies IPO
Mindpool Technologies IPO	A1 Acid IPO
A1 Acid IPO	Innovative Ideals IPO
Mac Hotels IPO	Sky Gold IPO
Sky Gold IPO	Manorama Industries IPO
Manorama Industries IPO	Kshitij Polyline IPO
Kshitij Polyline IPO	Spectrum Electrical IPO
Spectrum Electrical IPO	Ranjeet Mechatronics IPO

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