Bharat Dynamics IPO vs Mishra Dhatu Nigam IPO

Comparision between Bharat Dynamics IPO and Mishra Dhatu Nigam IPO.

IPO Details

Bharat Dynamics 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.

	Bharat Dynamics 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	Idbi Capital Market Services Limited SBI Capital Markets Limited Yes Securities (India) Limited	Idbi Capital Market Services Limited SBI Capital Markets Limited
Registrar	Alankit Assignments Ltd	Alankit Assignments 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 Bharat Dynamics IPO is up to ₹960.94 Cr whereas the issue size of the Mishra Dhatu Nigam IPO is up to ₹438.38 Cr. The final issue price of Bharat Dynamics IPO is ₹428.00 per share and of Mishra Dhatu Nigam IPO is ₹90.00 per share.

	Bharat Dynamics IPO	Mishra Dhatu Nigam IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹413.00 per share	₹87.00 per share
Issue Price (Upper)	₹428.00 per share	₹90.00 per share
Issue Price (Final)	₹428.00 per share	₹90.00 per share
Discount (Retail)		₹3.00 per share
Discount (Employee)		₹3.00 per share
Market Lot Size	35 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	2,24,51,953 shares	4,87,08,400 shares
Issue Size Total (Amount)	up to ₹960.94 Cr	up to ₹438.38 Cr

IPO Timetable

Bharat Dynamics IPO opens on Mar 13, 2018, while Mishra Dhatu Nigam IPO opens on Mar 21, 2018. The closing date of Bharat Dynamics IPO and Mishra Dhatu Nigam IPO is Mar 15, 2018, and Mar 23, 2018, respectively.

	Bharat Dynamics IPO	Mishra Dhatu Nigam IPO
Anchor Bid Date
Issue Open	Mar 13, 2018	Mar 21, 2018
Issue Close	Mar 15, 2018	Mar 23, 2018
Basis Of Allotment (Tentative)		Mar 28, 2018
Initiation of Refunds (Tentative)		Apr 02, 2018
Credit of Share (Tentative)		Apr 03, 2018
Listing date (Tentative)		Apr 04, 2018
Anchor Lockin End date 1		Apr 27, 2018
Anchor Lockin End date 2		Jun 26, 2018

Financials

Bharat Dynamics IPO P/E ratio is , as compared to Mishra Dhatu Nigam IPO P/E ratio of .

Bharat Dynamics IPO

Mishra Dhatu Nigam IPO

Financial

Summary of financial Information (Restated Standalone)
Particulars	For the year/period ended (in Rs. million)
	31-Mar-17	31-Mar-16	31-Mar-15
Total Assets	86,007.92	96,406.32	84,119.70
Total Revenue	51,980.73	46,013.75	32,532.28
Profit After Tax	4,903.19	5,620.69	4,435.48

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Bharat Dynamics IPO retail investors (RII) are offered 76,97,813 shares while in Mishra Dhatu Nigam IPO retail investors are offered 76,97,813 shares. Qualified institutional buyers (QIB) are offered 1,09,96,874 shares in Bharat Dynamics IPO and 2,34,17,500 shares in Mishra Dhatu Nigam IPO.

	Bharat Dynamics IPO	Mishra Dhatu Nigam IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	1,09,96,874 shares	2,34,17,500 shares
NII	32,99,063 shares	70,25,250 shares
RII	76,97,813 shares	1,63,92,250 shares
Employee	4,58,203 shares	18,73,400 shares
Others
Total	2,24,51,953 shares	4,87,08,400 shares

Bids Received (Subscription)

Bharat Dynamics IPO subscribed 1.29x in total, whereas Mishra Dhatu Nigam IPO subscribed 1.21x.

	Bharat Dynamics IPO	Mishra Dhatu Nigam IPO
QIB (times)	1.50x	1.96x
NII (times)	0.50x	0.13x
Big NII (times)
Small NII (times)
RII (times)	1.37x	0.72x
Employee (times)	0.40x	0.26x
Other (times)
Total (times)	1.29x	1.21x

Compare with others

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

Comments

Add a public comment...