Midfield Industries IPO vs Technofab IPO

Comparision between Midfield Industries IPO and Technofab IPO.

IPO Details

Midfield Industries IPO is a Mainline Book Built Issue IPO proposed to list at BSE while Technofab IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Midfield Industries IPO	Technofab IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE	BSE, NSE
Lead Managers	Atherstone Capital Markets Limited	Collins Stewart Inga Private Limited
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 Midfield Industries IPO is up to ₹59.85 Cr whereas the issue size of the Technofab IPO is up to ₹71.66 Cr. The final issue price of Midfield Industries IPO is ₹133.00 per share and of Technofab IPO is ₹240.00 per share.

	Midfield Industries IPO	Technofab IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹126.00 per share	₹230.00 per share
Issue Price (Upper)	₹133.00 per share	₹240.00 per share
Issue Price (Final)	₹133.00 per share	₹240.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	50 shares	25 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	45,00,000 shares	29,90,000 shares
Issue Size Total (Amount)	up to ₹59.85 Cr	up to ₹71.66 Cr

IPO Timetable

Midfield Industries IPO opens on Jul 19, 2010, while Technofab IPO opens on Jun 29, 2010. The closing date of Midfield Industries IPO and Technofab IPO is Jul 21, 2010, and Jul 02, 2010, respectively.

	Midfield Industries IPO	Technofab IPO
Anchor Bid Date
Issue Open	Jul 19, 2010	Jun 29, 2010
Issue Close	Jul 21, 2010	Jul 02, 2010
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Midfield Industries IPO P/E ratio is , as compared to Technofab IPO P/E ratio of .

Midfield Industries IPO

Technofab IPO

Financial

Particulars	For the year/period ended (Rs. in Million)
	31-Mar-09	31-Mar-08	31-Mar-07	31-Mar-06	31-Mar-05
Total Income	843.91	701.64	521.16	439.10	262.91
Profit After Tax (PAT)	59.09	41.60	18.67	17.10	2.12

Promoter Shareholding (Pre-Issue)

79.76%

51%

Promoter Shareholding (Post-Issue)

51.77%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

24.16%%

38.2%%

Shares Offered

In the Midfield Industries IPO retail investors (RII) are offered 15,75,000 shares while in Technofab IPO retail investors are offered 15,75,000 shares. Qualified institutional buyers (QIB) are offered 22,50,000 shares in Midfield Industries IPO and 14,70,000 shares in Technofab IPO.

	Midfield Industries IPO	Technofab IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	22,50,000 shares	14,70,000 shares
NII	6,75,000 shares	4,41,000 shares
RII	15,75,000 shares	10,29,000 shares
Employee		50,000 shares
Others
Total	45,00,000 shares	29,90,000 shares

Bids Received (Subscription)

Midfield Industries IPO subscribed 12.92x in total, whereas Technofab IPO subscribed 12.78x.

	Midfield Industries IPO	Technofab IPO
QIB (times)	1.86x	4.28x
NII (times)	48.41x	48.85x
Big NII (times)
Small NII (times)
RII (times)	13.51x	10.03x
Employee (times)		1.10x
Other (times)
Total (times)	12.92x	12.78x

Compare with others

Midfield Industries IPO	Technofab IPO
Gujarat Pipavav IPO	SKS Microfinance IPO
Prakash Steelage IPO	Engineers India FPO
Bajaj Corp IPO	Midfield Industries IPO
SKS Microfinance IPO	Hindustan Media IPO
Engineers India FPO	Aster Silicates IPO
Hindustan Media IPO	Parabolic Drugs IPO
Aster Silicates IPO	Standard Chartered IDR
Technofab IPO	Jaypee Infratech IPO
Parabolic Drugs IPO	Mandhana Industries IPO
Standard Chartered IDR	SJVN IPO

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