Karda Construction IPO vs Mishra Dhatu Nigam IPO

Comparision between Karda Construction IPO and Mishra Dhatu Nigam IPO.

IPO Details

Karda Construction IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Mishra Dhatu Nigam IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Karda Construction IPO	Mishra Dhatu Nigam IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Aryaman Financial Services Limited	Idbi Capital Market Services Limited SBI Capital Markets Limited
Registrar	Bigshare Services Pvt Ltd	Alankit Assignments Ltd
Market Maker
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 Karda Construction IPO is up to ₹77.40 Cr whereas the issue size of the Mishra Dhatu Nigam IPO is up to ₹438.38 Cr. The final issue price of Karda Construction IPO is ₹180.00 per share and of Mishra Dhatu Nigam IPO is ₹90.00 per share.

	Karda Construction IPO	Mishra Dhatu Nigam IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹175.00 per share	₹87.00 per share
Issue Price (Upper)	₹180.00 per share	₹90.00 per share
Issue Price (Final)	₹180.00 per share	₹90.00 per share
Discount (Retail)		₹3.00 per share
Discount (Employee)		₹3.00 per share
Market Lot Size	80 shares	150 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size		4,87,08,400 shares
OFS Issue Size (Amount)
Issue Size Total	43,00,000 shares	4,87,08,400 shares
Issue Size Total (Amount)	up to ₹77.40 Cr	up to ₹438.38 Cr

IPO Timetable

Karda Construction IPO opens on Mar 16, 2018, while Mishra Dhatu Nigam IPO opens on Mar 21, 2018. The closing date of Karda Construction IPO and Mishra Dhatu Nigam IPO is Mar 21, 2018, and Mar 23, 2018, respectively.

	Karda Construction IPO	Mishra Dhatu Nigam IPO
Anchor Bid Date
Issue Open	Mar 16, 2018	Mar 21, 2018
Issue Close	Mar 21, 2018	Mar 23, 2018
Basis Of Allotment (Tentative)	Mar 26, 2018	Mar 28, 2018
Initiation of Refunds (Tentative)	Mar 27, 2018	Apr 02, 2018
Credit of Share (Tentative)	Mar 28, 2018	Apr 03, 2018
Listing date (Tentative)	Apr 02, 2018	Apr 04, 2018
Anchor Lockin End date 1	Apr 25, 2018	Apr 27, 2018
Anchor Lockin End date 2	Jun 24, 2018	Jun 26, 2018

Financials

Karda Construction IPO P/E ratio is , as compared to Mishra Dhatu Nigam IPO P/E ratio of .

Karda Construction IPO

Mishra Dhatu Nigam IPO

Financial

Summary of financial Information (Restated Standalone)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Total Assets	24,853.72	24,961.42	23,304.63	18,612.39	16,238.73
Total Revenue	11,002.26	10,593.47	4,653.44	5,907.39	4,328.65
Profit After Tax	803.14	637.43	307.56	360.55	270.39

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Karda Construction IPO retail investors (RII) are offered 21,50,000 shares while in Mishra Dhatu Nigam IPO retail investors are offered 21,50,000 shares. Qualified institutional buyers (QIB) are offered 4,30,000 shares in Karda Construction IPO and 2,34,17,500 shares in Mishra Dhatu Nigam IPO.

	Karda Construction IPO	Mishra Dhatu Nigam IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	4,30,000 shares	2,34,17,500 shares
NII	17,20,000 shares	70,25,250 shares
RII	21,50,000 shares	1,63,92,250 shares
Employee		18,73,400 shares
Others
Total	43,00,000 shares	4,87,08,400 shares

Bids Received (Subscription)

Karda Construction IPO subscribed 2.53x in total, whereas Mishra Dhatu Nigam IPO subscribed 1.21x.

	Karda Construction IPO	Mishra Dhatu Nigam IPO
QIB (times)	1.55x	1.96x
NII (times)	3.44x	0.13x
Big NII (times)
Small NII (times)
RII (times)	2.01x	0.72x
Employee (times)		0.26x
Other (times)
Total (times)	2.53x	1.21x

Compare with others

Karda Construction IPO	Mishra Dhatu Nigam IPO
IndoStar Capital Finance IPO	Fine Organic IPO
Lemon Tree Hotels IPO	RITES Limited IPO
ICICI Securities IPO	IndoStar Capital Finance IPO
Mishra Dhatu Nigam IPO	Lemon Tree Hotels IPO
Sandhar Technologies IPO	ICICI Securities IPO
Hindustan Aeronautics IPO	Sandhar Technologies IPO
Bharat Dynamics IPO	Karda Construction IPO
Bandhan Bank IPO	Hindustan Aeronautics IPO
HG Infra IPO	Bharat Dynamics IPO
Aster DM Healthcare IPO	Bandhan Bank IPO

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