Misquita IPO vs Sona Hi Sona IPO

Comparision between Misquita IPO and Sona Hi Sona IPO.

IPO Details

Misquita IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Sona Hi Sona IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Misquita IPO	Sona Hi Sona IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Gretex Corporate Services Limited	Fedex Securities Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	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 Misquita IPO is up to ₹1.93 Cr whereas the issue size of the Sona Hi Sona IPO is up to ₹4.50 Cr. The final issue price of Misquita IPO is ₹27.00 per share and of Sona Hi Sona IPO is ₹10.00 per share.

	Misquita IPO	Sona Hi Sona IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹27.00 per share	₹10.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	4000 shares	10000 shares
Fresh Issue Size	4,44,000 shares
Fresh Issue Size (Amount)	up to ₹1.20 Cr
OFS Issue Size	2,72,000 shares
OFS Issue Size (Amount)	up to ₹0.73 Cr
Issue Size Total	7,16,000 shares	45,00,000 shares
Issue Size Total (Amount)	up to ₹1.93 Cr	up to ₹4.50 Cr

IPO Timetable

Misquita IPO opens on Sep 23, 2019, while Sona Hi Sona IPO opens on Sep 30, 2019. The closing date of Misquita IPO and Sona Hi Sona IPO is Sep 25, 2019, and Oct 04, 2019, respectively.

	Misquita IPO	Sona Hi Sona IPO
Anchor Bid Date
Issue Open	Sep 23, 2019	Sep 30, 2019
Issue Close	Sep 25, 2019	Oct 04, 2019
Basis Of Allotment (Tentative)	Sep 30, 2019	Oct 10, 2019
Initiation of Refunds (Tentative)	Oct 01, 2019	Oct 11, 2019
Credit of Share (Tentative)	Oct 01, 2019	Oct 14, 2019
Listing date (Tentative)	Oct 04, 2019	Oct 15, 2019
Anchor Lockin End date 1	Oct 30, 2019	Nov 09, 2019
Anchor Lockin End date 2	Dec 29, 2019	Jan 08, 2020

Financials

Misquita IPO P/E ratio is , as compared to Sona Hi Sona IPO P/E ratio of .

Misquita IPO

Sona Hi Sona IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-19	31-Mar-18	31-Mar-17
Total Assets	799.91	739.56	529.55
Total Revenue	760.70	677.35	577.26
Profit After Tax	42.12	25.26	15.71

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-19	31-Mar-18	31-Mar-17
Total Assets	2,224.40	2,230.88	1,220.15
Total Revenue	6,717.98	5,903.26	5,448.10
Profit After Tax	38.86	18.65	6.18

Promoter Shareholding (Pre-Issue)

100%

Promoter Shareholding (Post-Issue)

73.42%

73.19%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Misquita IPO retail investors (RII) are offered 3,40,000 shares while in Sona Hi Sona IPO retail investors are offered 3,40,000 shares. Qualified institutional buyers (QIB) are offered in Misquita IPO and in Sona Hi Sona IPO.

	Misquita IPO	Sona Hi Sona IPO
Anchor Investor Reserveration
Market Maker Reserveration	36,000 shares	2,40,000 shares
QIB
NII	3,40,000 shares	21,30,000 shares
RII	3,40,000 shares	21,30,000 shares
Employee
Others
Total	6,80,000 shares	42,60,000 shares

Bids Received (Subscription)

Misquita IPO subscribed 1.62x in total, whereas Sona Hi Sona IPO subscribed 1.21x.

	Misquita IPO	Sona Hi Sona IPO
QIB (times)
NII (times)	2.52x	1.74x
Big NII (times)
Small NII (times)
RII (times)	0.72x	0.69x
Employee (times)
Other (times)
Total (times)	1.62x	1.21x

Compare with others

Misquita IPO	Sona Hi Sona IPO
Mangalam Global IPO	Valencia IPO
Anuroop IPO	DC Infotech IPO
Sona Hi Sona IPO	Ascom Leasing IPO
Goblin IPO	Mangalam Global IPO
Galactico IPO	Anuroop IPO
Smiloshine IPO	Goblin IPO
Salasar Exteriors IPO	Galactico IPO
Transpact IPO	Misquita IPO
Alphalogic IPO	Smiloshine IPO
Shiv Aum IPO	Salasar Exteriors IPO

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