Mac Hotels IPO vs Parin Furniture IPO

Comparision between Mac Hotels IPO and Parin Furniture IPO.

IPO Details

Mac Hotels IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Parin Furniture IPO is a SME Book Built Issue proposed to list at NSE SME.

	Mac Hotels IPO	Parin Furniture 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	Gretex Corporate Services Limited	Hem Securities Limited
Registrar	Bigshare Services Pvt Ltd	Kfin Technologies Limited
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 Mac Hotels IPO is up to ₹1.94 Cr whereas the issue size of the Parin Furniture IPO is up to ₹18.90 Cr. The final issue price of Mac Hotels IPO is ₹24.00 per share and of Parin Furniture IPO is ₹63.00 per share.

	Mac Hotels IPO	Parin Furniture IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹60.00 per share
Issue Price (Upper)		₹63.00 per share
Issue Price (Final)	₹24.00 per share	₹63.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	6000 shares	2000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	8,10,000 shares	30,00,000 shares
Issue Size Total (Amount)	up to ₹1.94 Cr	up to ₹18.90 Cr

IPO Timetable

Mac Hotels IPO opens on Sep 19, 2018, while Parin Furniture IPO opens on Sep 26, 2018. The closing date of Mac Hotels IPO and Parin Furniture IPO is Sep 25, 2018, and Sep 28, 2018, respectively.

	Mac Hotels IPO	Parin Furniture IPO
Anchor Bid Date
Issue Open	Sep 19, 2018	Sep 26, 2018
Issue Close	Sep 25, 2018	Sep 28, 2018
Basis Of Allotment (Tentative)		Oct 04, 2018
Initiation of Refunds (Tentative)		Oct 05, 2018
Credit of Share (Tentative)		Oct 05, 2018
Listing date (Tentative)		Oct 09, 2018
Anchor Lockin End date 1		Nov 03, 2018
Anchor Lockin End date 2		Jan 02, 2019

Financials

Mac Hotels IPO P/E ratio is , as compared to Parin Furniture IPO P/E ratio of .

Mac Hotels IPO

Parin Furniture IPO

Financial

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)

Summary of financial Information (Restated Standalone)
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	4,663.61	4,334.86	3,963.39	1,948.67	1,673.60
Total Revenue	6,459.34	5,994.04	6,178.46	2,875.78	3,002.76
Profit After Tax	261.78	135.54	101.57	27.53	60.82

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18
Total Assets	5,744.18
Total Revenue	6,532.36
Profit After Tax	416.62

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Mac Hotels IPO retail investors (RII) are offered 3,84,000 shares while in Parin Furniture IPO retail investors are offered 3,84,000 shares. Qualified institutional buyers (QIB) are offered in Mac Hotels IPO and in Parin Furniture IPO.

	Mac Hotels IPO	Parin Furniture IPO
Anchor Investor Reserveration
Market Maker Reserveration	42,000 shares	1,60,000 shares
QIB
NII	3,84,000 shares	14,20,000 shares
RII	3,84,000 shares	14,20,000 shares
Employee
Others
Total	7,68,000 shares	28,40,000 shares

Bids Received (Subscription)

Mac Hotels IPO subscribed 1.52x in total, whereas Parin Furniture IPO subscribed 2.45x.

	Mac Hotels IPO	Parin Furniture IPO
QIB (times)
NII (times)	1.88x	2.08x
Big NII (times)
Small NII (times)
RII (times)	1.17x	2.62x
Employee (times)
Other (times)
Total (times)	1.52x	2.45x

Compare with others

Mac Hotels IPO	Parin Furniture IPO
Parin Furniture IPO	Dolfin Rubbers IPO
Rajnandini Metal IPO	Vinny Overseas IPO
Mindpool Technologies IPO	Kritika Wires IPO
A1 Acid IPO	Silgo Retail IPO
Innovative Ideals IPO	Marine Electricals IPO
Sky Gold IPO	Rajnandini Metal IPO
Manorama Industries IPO	Mindpool Technologies IPO
Kshitij Polyline IPO	A1 Acid IPO
Spectrum Electrical IPO	Innovative Ideals IPO
Ranjeet Mechatronics IPO	Mac Hotels IPO

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