Comparison between Bhakti Gems IPO and Meera Industries IPO.
Bhakti Gems IPO is a SME Fixed Price IPO proposed to list at BSE SME while Meera Industries IPO is a SME Fixed Price proposed to list at BSE SME.
| Bhakti Gems IPO | Meera Industries IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Oneview Corporate Advisors Pvt.Ltd. | Oneview Corporate Advisors Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Guiness Securities Ltd. | Guiness Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Bhakti Gems IPO is up to ₹3.72 Cr whereas the issue size of the Meera Industries IPO is up to ₹3.67 Cr. The final issue price of Bhakti Gems IPO is ₹20.00 per share and of Meera Industries IPO is ₹36.00 per share.
| Bhakti Gems IPO | Meera Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹20.00 per share | ₹36.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 6000 shares | 3000 shares |
| Fresh Issue Size | 18,60,000 shares | 10,20,000 shares |
| Fresh Issue Size (Amount) | up to ₹3.72 Cr | up to ₹3.67 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 18,60,000 shares | 10,20,000 shares |
| Issue Size Total (Amount) | up to ₹3.72 Cr | up to ₹3.67 Cr |
Bhakti Gems IPO opens on May 17, 2017, while Meera Industries IPO opens on Apr 27, 2017. The closing date of Bhakti Gems IPO and Meera Industries IPO is May 22, 2017, and May 04, 2017, respectively.
| Bhakti Gems IPO | Meera Industries IPO | |
|---|---|---|
| Issue Open | May 17, 2017 | Apr 27, 2017 |
| Issue Close | May 22, 2017 | May 04, 2017 |
| Basis Of Allotment (Tentative) | May 25, 2017 | |
| Listing date (Tentative) | May 30, 2017 | May 15, 2017 |
Bhakti Gems IPO P/E ratio is , as compared to Meera Industries IPO P/E ratio of .
| Bhakti Gems IPO | Meera Industries IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 89.69% | 98.14% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 63.86% | 71.15% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹13.63 Cr. | ₹18.03 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Bhakti Gems IPO Retail Individual Investors (RII) are offered 9,30,000 shares while in Meera Industries IPO retail investors are offered 9,30,000 shares. Qualified Institutional Buyers (QIB) are offered in Bhakti Gems IPO and in Meera Industries IPO.
| Bhakti Gems IPO | Meera Industries IPO | |
|---|---|---|
| Market Maker Reservation | 1,02,000 shares | 60,000 shares |
| NII | 9,30,000 shares | 5,10,000 shares |
| RII | 9,30,000 shares | 5,10,000 shares |
| Total | 18,60,000 shares | 10,20,000 shares |
Bhakti Gems IPO subscribed 2.82x in total, whereas Meera Industries IPO subscribed 9.27x.
| Bhakti Gems IPO | Meera Industries IPO | |
|---|---|---|
| NII (times) | 0.00x | 2.31x |
| RII (times) | 0.00x | 16.24x |
| Total (times) | 2.82x | 9.27x |
