Mahickra Chemicals IPO vs Soni Soya IPO

Comparision between Mahickra Chemicals IPO and Soni Soya IPO.

IPO Details

Mahickra Chemicals IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Soni Soya IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Mahickra Chemicals IPO	Soni Soya IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Pantomath Capital Advisors Pvt Ltd	Pantomath Capital Advisors Pvt Ltd
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 Mahickra Chemicals IPO is up to ₹5.25 Cr whereas the issue size of the Soni Soya IPO is up to ₹4.50 Cr. The final issue price of Mahickra Chemicals IPO is ₹25.00 per share and of Soni Soya IPO is ₹25.00 per share.

	Mahickra Chemicals IPO	Soni Soya IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹24.00 per share
Issue Price (Upper)	₹25.00 per share
Issue Price (Final)	₹25.00 per share	₹25.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	6000 shares	6000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	21,00,000 shares	18,00,000 shares
Issue Size Total (Amount)	up to ₹5.25 Cr	up to ₹4.50 Cr

IPO Timetable

Mahickra Chemicals IPO opens on Apr 16, 2018, while Soni Soya IPO opens on Mar 28, 2018. The closing date of Mahickra Chemicals IPO and Soni Soya IPO is Apr 18, 2018, and Apr 04, 2018, respectively.

	Mahickra Chemicals IPO	Soni Soya IPO
Anchor Bid Date
Issue Open	Apr 16, 2018	Mar 28, 2018
Issue Close	Apr 18, 2018	Apr 04, 2018
Basis Of Allotment (Tentative)	Apr 23, 2018	Apr 09, 2018
Initiation of Refunds (Tentative)	Apr 24, 2018	Apr 10, 2018
Credit of Share (Tentative)	Apr 25, 2018	Apr 11, 2018
Listing date (Tentative)	Apr 26, 2018	Apr 12, 2018
Anchor Lockin End date 1	May 23, 2018	May 09, 2018
Anchor Lockin End date 2	Jul 22, 2018	Jul 08, 2018

Financials

Mahickra Chemicals IPO P/E ratio is , as compared to Soni Soya IPO P/E ratio of .

Mahickra Chemicals IPO

Soni Soya IPO

Financial

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	2562.24	1817.89	1781.93	2089.50	1063.95
Total Revenue	4225.85	3478.82	4275.15	4355.99	1932.94
Profit After Tax	35.27	15.17	8.60	17.36	9.31

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lacs)
	31-Mar-17	31-Mar-16	31-Mar-15
Total Assets	1,734.84	538.24	669.24
Total Revenue	2,877.14	1,519.45	800.22
Profit After Tax	50.16	8.03	20.92

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Mahickra Chemicals IPO retail investors (RII) are offered 9,96,000 shares while in Soni Soya IPO retail investors are offered 9,96,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Mahickra Chemicals IPO and in Soni Soya IPO.

	Mahickra Chemicals IPO	Soni Soya IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,08,000 shares	96,000 shares
QIB	0 shares
NII	9,96,000 shares	8,52,000 shares
RII	9,96,000 shares	8,52,000 shares
Employee
Others
Total	21,00,000 shares	17,04,000 shares

Bids Received (Subscription)

Mahickra Chemicals IPO subscribed 27.85x in total, whereas Soni Soya IPO subscribed 2.86x.

	Mahickra Chemicals IPO	Soni Soya IPO
QIB (times)
NII (times)	22.42x	2.13x
Big NII (times)
Small NII (times)
RII (times)	9.88x	3.53x
Employee (times)
Other (times)
Total (times)	27.85x	2.86x

Compare with others

Mahickra Chemicals IPO	Soni Soya IPO
Aakash Exploration IPO	Power Instrumentation Gujarat IPO
Garv Industries IPO	Mahickra Chemicals IPO
Indo US BioTech IPO	Narmada Agrobase IPO
Bombay Super Hybrid Seeds IPO	Vera Synthetic IPO
Power Instrumentation Gujarat IPO	Dhruv Consultancy IPO
Narmada Agrobase IPO	S.S. Infrastructure IPO
Vera Synthetic IPO	Penta Gold IPO
Dhruv Consultancy IPO	AVG Logistics IPO
Soni Soya IPO	Taylormade Renewables IPO
S.S. Infrastructure IPO	Orissa Bengal Carrier IPO

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