Milestone Furniture IPO vs SoftTech Engineers IPO

Comparision between Milestone Furniture IPO and SoftTech Engineers IPO.

IPO Details

Milestone Furniture IPO is a SME Book Built Issue IPO proposed to list at BSE SME while SoftTech Engineers IPO is a SME Book Built Issue proposed to list at NSE SME.

	Milestone Furniture IPO	SoftTech Engineers 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	Monarch Networth Capital Ltd	Pantomath Capital Advisors Pvt Ltd Small Industries Development Bank Of India (Sidbi)
Registrar	Kfin Technologies Limited	Link Intime India Private 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 Milestone Furniture IPO is up to ₹14.84 Cr whereas the issue size of the SoftTech Engineers IPO is up to ₹22.81 Cr. The final issue price of Milestone Furniture IPO is ₹45.00 per share and of SoftTech Engineers IPO is ₹80.00 per share.

	Milestone Furniture IPO	SoftTech Engineers IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹78.00 per share
Issue Price (Upper)		₹80.00 per share
Issue Price (Final)	₹45.00 per share	₹80.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	1600 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	32,97,000 shares	28,51,200 shares
Issue Size Total (Amount)	up to ₹14.84 Cr	up to ₹22.81 Cr

IPO Timetable

Milestone Furniture IPO opens on May 07, 2018, while SoftTech Engineers IPO opens on Apr 27, 2018. The closing date of Milestone Furniture IPO and SoftTech Engineers IPO is May 11, 2018, and May 03, 2018, respectively.

	Milestone Furniture IPO	SoftTech Engineers IPO
Anchor Bid Date
Issue Open	May 07, 2018	Apr 27, 2018
Issue Close	May 11, 2018	May 03, 2018
Basis Of Allotment (Tentative)	May 16, 2018
Initiation of Refunds (Tentative)	May 17, 2018
Credit of Share (Tentative)	May 18, 2018
Listing date (Tentative)	May 21, 2018
Anchor Lockin End date 1	Jun 15, 2018
Anchor Lockin End date 2	Aug 14, 2018

Financials

Milestone Furniture IPO P/E ratio is , as compared to SoftTech Engineers IPO P/E ratio of .

Milestone Furniture IPO

SoftTech Engineers IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	53,160,563	23,014,900	21,710,118	8,257,681
Total Revenue	89,467,999	55,175,651	33,229,409	3,787,759
Profit After Tax	3,247,677	1,989,136	542,472	343,186

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	6,033.78	5,722.58	4,008.32	3,429.94	2,012.87
Total Revenue	4,711.63	4,432.53	3,594.36	2,567.60	2,195.63
Profit After Tax	615.96	361.77	212.29	254.14	97.82

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Milestone Furniture IPO retail investors (RII) are offered 15,66,000 shares while in SoftTech Engineers IPO retail investors are offered 15,66,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Milestone Furniture IPO and 0 shares in SoftTech Engineers IPO.

	Milestone Furniture IPO	SoftTech Engineers IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,65,000 shares	1,44,000 shares
QIB	0 shares	0 shares
NII	15,66,000 shares	13,53,600 shares
RII	15,66,000 shares	13,53,600 shares
Employee
Others
Total	32,97,000 shares	28,51,200 shares

Bids Received (Subscription)

Milestone Furniture IPO subscribed 2.13x in total, whereas SoftTech Engineers IPO subscribed 30.82x.

	Milestone Furniture IPO	SoftTech Engineers IPO
QIB (times)
NII (times)	0.82x	31.21x
Big NII (times)
Small NII (times)
RII (times)	3.45x	28.94x
Employee (times)
Other (times)
Total (times)	2.13x	30.82x

Compare with others

Milestone Furniture IPO	SoftTech Engineers IPO
Suumaya Lifestyle IPO	Sirca Paints IPO
Megastar Foods IPO	U H Zaveri IPO
Innovators Facade Systems IPO	Milestone Furniture IPO
Sirca Paints IPO	E2E Networks IPO
U H Zaveri IPO	Five Core Electronics IPO
E2E Networks IPO	Godha Cabcon Insulation IPO
Five Core Electronics IPO	Akshar Spintex IPO
SoftTech Engineers IPO	Dr Lalchandani Labs IPO
Godha Cabcon Insulation IPO	Aakash Exploration IPO
Akshar Spintex IPO	Garv Industries IPO

Comments

Add a public comment...