Mahanagar Gas IPO vs Quess Corp IPO

Comparision between Mahanagar Gas IPO and Quess Corp IPO.

IPO Details

Mahanagar Gas IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Quess Corp IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Mahanagar Gas IPO	Quess Corp 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	Citigroup Global Markets India Private Limited Kotak Mahindra Capital Company Limited	Axis Capital Limited ICICI Securities Limited Iifl Securities Ltd Yes Bank Limited
Registrar	Link Intime India Private 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 Mahanagar Gas IPO is up to ₹1,039.64 Cr whereas the issue size of the Quess Corp IPO is up to ₹400.00 Cr. The final issue price of Mahanagar Gas IPO is ₹421.00 per share and of Quess Corp IPO is ₹317.00 per share.

	Mahanagar Gas IPO	Quess Corp IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹380.00 per share	₹310.00 per share
Issue Price (Upper)	₹421.00 per share	₹317.00 per share
Issue Price (Final)	₹421.00 per share	₹317.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	35 shares	45 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size	2,46,94,500 shares
OFS Issue Size (Amount)
Issue Size Total	2,46,94,500 shares	12,59,53,353 shares
Issue Size Total (Amount)	up to ₹1,039.64 Cr	up to ₹400.00 Cr

IPO Timetable

Mahanagar Gas IPO opens on Jun 21, 2016, while Quess Corp IPO opens on Jun 29, 2016. The closing date of Mahanagar Gas IPO and Quess Corp IPO is Jun 23, 2016, and Jul 01, 2016, respectively.

	Mahanagar Gas IPO	Quess Corp IPO
Anchor Bid Date
Issue Open	Jun 21, 2016	Jun 29, 2016
Issue Close	Jun 23, 2016	Jul 01, 2016
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

Mahanagar Gas IPO P/E ratio is , as compared to Quess Corp IPO P/E ratio of .

Mahanagar Gas IPO

Quess Corp IPO

Financial

Particulars	For the year/period ended (in Rs. Million)
	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13	31-Mar-12
Total Liabilities	23,562.96	21,655.85	19,743.01	17,829.70	15,462.72
Total Assets	23,562.96	21,655.85	19,743.01	17,829.70	15,462.72
Total Revenue	21,216.28	21,356.37	19,196.47	15,462.34	13,283.99
Profit After Tax (PAT)	3,086.87	3,010.01	2,972.49	2,985.06	3,077.43

Particulars	For the year/period ended (in Rs. Million)
	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13	31-Mar-12
Total Assets	12,378.68	7,190.96		3,309.11	2,541.99
Total Revenue	34,424.26	25,727.58		10,043.52	6,394.35
Profit After Tax (PAT)	885.21	672.16		171.02	83.05

Promoter Shareholding (Pre-Issue)

90%

99.51%

Promoter Shareholding (Post-Issue)

65%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

20.2%%

24.28%%

Shares Offered

In the Mahanagar Gas IPO retail investors (RII) are offered 85,73,075 shares while in Quess Corp IPO retail investors are offered 85,73,075 shares. Qualified institutional buyers (QIB) are offered 48,98,900 shares in Mahanagar Gas IPO and 39,03,023 shares in Quess Corp IPO.

	Mahanagar Gas IPO	Quess Corp IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	48,98,900 shares	39,03,023 shares
NII	36,74,175 shares	19,16,251 shares
RII	85,73,075 shares	12,77,500 shares
Employee	2,00,000 shares
Others
Total	1,73,46,150 shares	70,96,774 shares

Bids Received (Subscription)

Mahanagar Gas IPO subscribed 64.54x in total, whereas Quess Corp IPO subscribed 143.99x.

	Mahanagar Gas IPO	Quess Corp IPO
QIB (times)	72.84x	59.02x
NII (times)	191.61x	392.21x
Big NII (times)
Small NII (times)
RII (times)	6.82x	31.23x
Employee (times)	1.18x
Other (times)
Total (times)	64.54x	143.99x

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Dilip Buildcon IPO	S P Apparels IPO
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L&T Infotech IPO	Advanced Enzyme IPO
Quess Corp IPO	L&T Infotech IPO
Parag Milk IPO	Mahanagar Gas IPO
Ujjivan Financial Services IPO	Parag Milk IPO
Thyrocare Technologies IPO	Ujjivan Financial Services IPO
Equitas Holdings IPO	Thyrocare Technologies IPO
Infibeam IPO	Equitas Holdings IPO

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