Mandhana Industries IPO vs Nitesh Estates IPO

Comparision between Mandhana Industries IPO and Nitesh Estates IPO.

IPO Details

Mandhana Industries IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Nitesh Estates IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Mandhana Industries IPO	Nitesh Estates 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	Axis Bank Limited Edelweiss Financial Services Ltd	Axis Capital Limited ICICI Securities Limited Kotak Mahindra Capital Company Limited
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
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 Mandhana Industries IPO is up to ₹107.90 Cr whereas the issue size of the Nitesh Estates IPO is up to ₹405.00 Cr. The final issue price of Mandhana Industries IPO is ₹130.00 per share and of Nitesh Estates IPO is ₹54.00 per share.

	Mandhana Industries IPO	Nitesh Estates IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹120.00 per share	₹54.00 per share
Issue Price (Upper)	₹130.00 per share	₹56.00 per share
Issue Price (Final)	₹130.00 per share	₹54.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	50 shares	100 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	83,00,000 shares	7,50,00,000 shares
Issue Size Total (Amount)	up to ₹107.90 Cr	up to ₹405.00 Cr

IPO Timetable

Mandhana Industries IPO opens on Apr 27, 2010, while Nitesh Estates IPO opens on Apr 23, 2010. The closing date of Mandhana Industries IPO and Nitesh Estates IPO is Apr 29, 2010, and Apr 27, 2010, respectively.

	Mandhana Industries IPO	Nitesh Estates IPO
Anchor Bid Date
Issue Open	Apr 27, 2010	Apr 23, 2010
Issue Close	Apr 29, 2010	Apr 27, 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

Mandhana Industries IPO P/E ratio is , as compared to Nitesh Estates IPO P/E ratio of .

Mandhana Industries IPO

Nitesh Estates IPO

Financial

Particulars	For the year/period ended (Rs. in Lacs)
	31-Mar-09	31-Mar-08	31-Mar-07	31-Mar-06	31-Mar-05
Total Income	46,325.17	40,693.94	24,033.69	18,134.79	12,656.42
Profit After Tax (PAT)	3,656.42	3,530.38	1,943.10	1,212.63	641.11

Particulars	For the year/period ended (Rs. in Million)
	30-Sep-09	31-Mar-09	31-Mar-08	31-Mar-07	31-Mar-06
Total Income	458.47	868.89	688.73	240.15	223.59
Profit After Tax (PAT)	60.80	28.53	9.74	28.73	13.78

Promoter Shareholding (Pre-Issue)

83.02%

84.11%

Promoter Shareholding (Post-Issue)

62.21%

40.86%

P/E Ratio

Market Cap

ROE

ROCE

25.18%%

Debt/Equity

EPS

RoNW

27.35%%

5.3%%

Shares Offered

In the Mandhana Industries IPO retail investors (RII) are offered 29,05,000 shares while in Nitesh Estates IPO retail investors are offered 29,05,000 shares. Qualified institutional buyers (QIB) are offered 29,96,150 shares in Mandhana Industries IPO and 2,66,51,800 shares in Nitesh Estates IPO.

	Mandhana Industries IPO	Nitesh Estates IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	29,96,150 shares	2,66,51,800 shares
NII	12,45,000 shares	1,12,50,000 shares
RII	29,05,000 shares	2,62,50,000 shares
Employee
Others
Total	71,46,150 shares	6,41,51,800 shares

Bids Received (Subscription)

Mandhana Industries IPO subscribed 6.32x in total, whereas Nitesh Estates IPO subscribed 1.16x.

	Mandhana Industries IPO	Nitesh Estates IPO
QIB (times)	7.97x	2.54x
NII (times)	10.52x	0.22x
Big NII (times)
Small NII (times)
RII (times)	2.81x	0.16x
Employee (times)
Other (times)
Total (times)	6.32x	1.16x

Compare with others

Mandhana Industries IPO	Nitesh Estates IPO
Aster Silicates IPO	Parabolic Drugs IPO
Technofab IPO	Standard Chartered IDR
Parabolic Drugs IPO	Jaypee Infratech IPO
Standard Chartered IDR	Mandhana Industries IPO
Jaypee Infratech IPO	SJVN IPO
SJVN IPO	Tarapur Transformers IPO
Nitesh Estates IPO	Talwalkars IPO
Tarapur Transformers IPO	Goenka IPO
Talwalkars IPO	Intrasoft IPO
Goenka IPO	Shree Ganesh IPO

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