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Anand Rayons IPO vs Meera Industries FPO

Comparison between Anand Rayons IPO and Meera Industries FPO.

IPO Details

Anand Rayons IPO is a SME Fixed Price IPO proposed to list at BSE SME while Meera Industries FPO is a SME Fixed Price proposed to list at BSE SME.

 Anand Rayons IPOMeera Industries FPO
LogoAnand Rayons IPO LogoMeera Industries FPO Logo
Issue CategorySMESME
Issue TypeIPOFPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersOneview Corporate Advisors Pvt.Ltd.Aryaman Financial Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerBasan Equity Broking Ltd.Guiness Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Anand Rayons IPO is up to ₹12.01 Cr whereas the issue size of the Meera Industries FPO is up to ₹11.07 Cr. The final issue price of Anand Rayons IPO is ₹27.00 per share and of Meera Industries FPO is ₹225.00 per share.

 Anand Rayons IPOMeera Industries FPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹27.00 per share₹225.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size4000 shares500 shares
Fresh Issue Size44,48,000 shares4,92,000 shares
Fresh Issue Size (Amount)up to ₹12.01 Crup to ₹11.07 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total44,48,000 shares4,92,000 shares
Issue Size Total (Amount)up to ₹12.01 Crup to ₹11.07 Cr

IPO Timetable

Anand Rayons IPO opens on Jun 18, 2019, while Meera Industries FPO opens on Jun 13, 2019. The closing date of Anand Rayons IPO and Meera Industries FPO is Jun 24, 2019, and Jun 18, 2019, respectively.

 Anand Rayons IPOMeera Industries FPO
Anchor Bid Date
Issue OpenJun 18, 2019Jun 13, 2019
Issue CloseJun 24, 2019Jun 18, 2019
Basis Of Allotment (Tentative)Jun 21, 2019
Initiation of Refunds (Tentative)Jun 28, 2019Jun 24, 2019
Credit of Share (Tentative)Jul 01, 2019Jun 25, 2019
Listing date (Tentative)Jul 02, 2019Jun 26, 2019
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Anand Rayons IPO P/E ratio is , as compared to Meera Industries FPO P/E ratio of .

 Anand Rayons IPOMeera Industries FPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Jan-19 31-Mar-18 31-Dec-17 31-Mar-16
Total Assets 6,103.46 5,942.08 5,809.05 3,796.06
Total Revenue 23,176.44 25,959.08 27,062.38 21,992.23
Profit After Tax 172.41 145.14 104.70 45.73
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Dec-19 31-Mar-18
Total Assets 2,166.42 1,468.14
Total Revenue 3,558.41 2,149.66
Profit After Tax 494.55 240.80
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Anand Rayons IPO Retail Individual Investors (RII) are offered 22,24,000 shares while in Meera Industries FPO retail investors are offered 22,24,000 shares. Qualified Institutional Buyers (QIB) are offered in Anand Rayons IPO and in Meera Industries FPO.

 Anand Rayons IPOMeera Industries FPO
Anchor Investor Reserveration
Market Maker Reserveration2,40,000 shares30,000 shares
QIB
NII22,24,000 shares2,46,000 shares
RII22,24,000 shares2,46,000 shares
Employee
Others
Total44,48,000 shares4,92,000 shares

Bids Received (Subscription)

Anand Rayons IPO subscribed 1.17x in total, whereas Meera Industries FPO subscribed 1.16x.

 Anand Rayons IPOMeera Industries FPO
QIB (times)
NII (times)1.86x1.99x
Big NII (times)
Small NII (times)
RII (times)0.48x0.33x
Employee (times)
Other (times)
Total (times)1.17x1.16x