Fine Organic IPO vs Mishra Dhatu Nigam IPO

Comparision between Fine Organic IPO and Mishra Dhatu Nigam IPO.

IPO Details

Fine Organic 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.

	Fine Organic 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	Edelweiss Financial Services Ltd Jm Financial Limited	Idbi Capital Market Services Limited SBI Capital Markets Limited
Registrar	Kfin Technologies Limited	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 Fine Organic IPO is up to ₹600.20 Cr whereas the issue size of the Mishra Dhatu Nigam IPO is up to ₹438.38 Cr. The final issue price of Fine Organic IPO is ₹783.00 per share and of Mishra Dhatu Nigam IPO is ₹90.00 per share.

	Fine Organic IPO	Mishra Dhatu Nigam IPO
Face Value	₹5 per share	₹10 per share
Issue Price (Lower)	₹780.00 per share	₹87.00 per share
Issue Price (Upper)	₹783.00 per share	₹90.00 per share
Issue Price (Final)	₹783.00 per share	₹90.00 per share
Discount (Retail)		₹3.00 per share
Discount (Employee)		₹3.00 per share
Market Lot Size	19 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	76,64,994 shares	4,87,08,400 shares
Issue Size Total (Amount)	up to ₹600.20 Cr	up to ₹438.38 Cr

IPO Timetable

Fine Organic IPO opens on Jun 20, 2018, while Mishra Dhatu Nigam IPO opens on Mar 21, 2018. The closing date of Fine Organic IPO and Mishra Dhatu Nigam IPO is Jun 22, 2018, and Mar 23, 2018, respectively.

	Fine Organic IPO	Mishra Dhatu Nigam IPO
Anchor Bid Date
Issue Open	Jun 20, 2018	Mar 21, 2018
Issue Close	Jun 22, 2018	Mar 23, 2018
Basis Of Allotment (Tentative)	Jun 27, 2018	Mar 28, 2018
Initiation of Refunds (Tentative)	Jun 28, 2018	Apr 02, 2018
Credit of Share (Tentative)	Jun 28, 2018	Apr 03, 2018
Listing date (Tentative)	Jul 02, 2018	Apr 04, 2018
Anchor Lockin End date 1	Jul 27, 2018	Apr 27, 2018
Anchor Lockin End date 2	Sep 25, 2018	Jun 26, 2018

Financials

Fine Organic IPO P/E ratio is , as compared to Mishra Dhatu Nigam IPO P/E ratio of .

Fine Organic IPO

Mishra Dhatu Nigam IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Millions)
	31-Dec-17	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Total Assets	4,835.99	4,576.40	4,228.49	3,776.57	3,411.16	2,553.78
Total Revenue	5,928.23	7,892.24	6,661.22	6,180.49	5,746.49	4,975.10
Profit After Tax	625.89	794.76	769.64	590.91	626.12	208.97

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Fine Organic IPO retail investors (RII) are offered 26,82,748 shares while in Mishra Dhatu Nigam IPO retail investors are offered 26,82,748 shares. Qualified institutional buyers (QIB) are offered 15,32,999 shares in Fine Organic IPO and 2,34,17,500 shares in Mishra Dhatu Nigam IPO.

	Fine Organic IPO	Mishra Dhatu Nigam IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	15,32,999 shares	2,34,17,500 shares
NII	11,49,750 shares	70,25,250 shares
RII	26,82,748 shares	1,63,92,250 shares
Employee		18,73,400 shares
Others
Total	53,65,497 shares	4,87,08,400 shares

Bids Received (Subscription)

Fine Organic IPO subscribed 8.77x in total, whereas Mishra Dhatu Nigam IPO subscribed 1.21x.

	Fine Organic IPO	Mishra Dhatu Nigam IPO
QIB (times)	12.85x	1.96x
NII (times)	21.00x	0.13x
Big NII (times)
Small NII (times)
RII (times)	1.19x	0.72x
Employee (times)		0.26x
Other (times)
Total (times)	8.77x	1.21x

Compare with others

Fine Organic IPO	Mishra Dhatu Nigam IPO
Chalet Hotels Limited IPO	Fine Organic IPO
TCNS Clothing IPO	RITES Limited IPO
CreditAccess Grameen IPO	IndoStar Capital Finance IPO
HDFC AMC IPO	Lemon Tree Hotels IPO
Varroc Engineering IPO	ICICI Securities IPO
RITES Limited IPO	Sandhar Technologies IPO
IndoStar Capital Finance IPO	Karda Construction IPO
Lemon Tree Hotels IPO	Hindustan Aeronautics IPO
ICICI Securities IPO	Bharat Dynamics IPO
Mishra Dhatu Nigam IPO	Bandhan Bank IPO

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