Megastar Foods IPO vs Sirca Paints IPO

Comparision between Megastar Foods IPO and Sirca Paints IPO.

IPO Details

Megastar Foods IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Sirca Paints IPO is a SME Book Built Issue proposed to list at NSE SME.

	Megastar Foods IPO	Sirca Paints IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Swastika Investmart Ltd	Navigant Corporate Advisors Ltd
Registrar	Skyline Financial Services 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 Megastar Foods IPO is up to ₹8.04 Cr whereas the issue size of the Sirca Paints IPO is up to ₹77.92 Cr. The final issue price of Megastar Foods IPO is ₹30.00 per share and of Sirca Paints IPO is ₹160.00 per share.

	Megastar Foods IPO	Sirca Paints IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹151.00 per share
Issue Price (Upper)		₹160.00 per share
Issue Price (Final)	₹30.00 per share	₹160.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	4000 shares	800 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	26,80,000 shares	48,70,000 shares
Issue Size Total (Amount)	up to ₹8.04 Cr	up to ₹77.92 Cr

IPO Timetable

Megastar Foods IPO opens on May 14, 2018, while Sirca Paints IPO opens on May 16, 2018. The closing date of Megastar Foods IPO and Sirca Paints IPO is May 16, 2018, and May 22, 2018, respectively.

	Megastar Foods IPO	Sirca Paints IPO
Anchor Bid Date
Issue Open	May 14, 2018	May 16, 2018
Issue Close	May 16, 2018	May 22, 2018
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

Megastar Foods IPO P/E ratio is , as compared to Sirca Paints IPO P/E ratio of .

Megastar Foods IPO

Sirca Paints IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Millions)
	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Total Assets	3,160.33	3,081.85	2,007.93	1,313.84	286.15
Total Revenue	9,776.25	7,804.31	4,450.16	785.36	--
Profit After Tax	105.86	58.92	(28.15)	(0.11)	--

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Millions)
	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Total Assets	6,131.25	4,507.57	3,341.52	2,910.05	2,173.65
Total Revenue	8,434.17	7,266.09	6,976.85	5,408.00	3,402.29
Profit After Tax	1,370.34	727.62	617.88	197.11	50.40

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Megastar Foods IPO retail investors (RII) are offered 12,72,000 shares while in Sirca Paints IPO retail investors are offered 12,72,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Megastar Foods IPO and 0 shares in Sirca Paints IPO.

	Megastar Foods IPO	Sirca Paints IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,36,000 shares	2,44,000 shares
QIB	0 shares	0 shares
NII	12,72,000 shares	23,12,800 shares
RII	12,72,000 shares	23,12,800 shares
Employee
Others
Total	26,80,000 shares	48,69,600 shares

Bids Received (Subscription)

Megastar Foods IPO subscribed 1.70x in total, whereas Sirca Paints IPO subscribed 8.32x.

	Megastar Foods IPO	Sirca Paints IPO
QIB (times)
NII (times)	1.88x	9.69x
Big NII (times)
Small NII (times)
RII (times)	1.52x	6.44x
Employee (times)
Other (times)
Total (times)	1.70x	8.32x

Compare with others

Megastar Foods IPO	Sirca Paints IPO
Debock Sales IPO	Affordable Robotic Automation IPO
Shree Vasu Logistics IPO	Latteys Industries IPO
Affordable Robotic Automation IPO	Suumaya Lifestyle IPO
Latteys Industries IPO	Megastar Foods IPO
Suumaya Lifestyle IPO	Innovators Facade Systems IPO
Innovators Facade Systems IPO	U H Zaveri IPO
Sirca Paints IPO	Milestone Furniture IPO
U H Zaveri IPO	E2E Networks IPO
Milestone Furniture IPO	Five Core Electronics IPO
E2E Networks IPO	SoftTech Engineers IPO

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