Bindal Exports IPO vs Mewar Hi-Tech Engineering IPO

Comparison between Bindal Exports IPO and Mewar Hi-Tech Engineering IPO.

IPO Details

Bindal Exports IPO is a SME Fixed Price IPO proposed to list at BSE SME while Mewar Hi-Tech Engineering IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Bindal Exports IPO is up to ₹1.89 Cr whereas the issue size of the Mewar Hi-Tech Engineering IPO is up to ₹2.20 Cr. The final issue price of Bindal Exports IPO is ₹16.00 per share and of Mewar Hi-Tech Engineering IPO is ₹22.00 per share.

 Bindal Exports IPOMewar Hi-Tech Engineering IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹16.00 per share₹22.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size8000 shares6000 shares
Fresh Issue Size11,84,000 shares10,02,000 shares
Fresh Issue Size (Amount)up to ₹1.89 Crup to ₹2.20 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total11,84,000 shares10,02,000 shares
Issue Size Total (Amount)up to ₹1.89 Crup to ₹2.20 Cr

IPO Timetable

Bindal Exports IPO opens on Sep 30, 2016, while Mewar Hi-Tech Engineering IPO opens on Sep 30, 2016. The closing date of Bindal Exports IPO and Mewar Hi-Tech Engineering IPO is Oct 06, 2016, and Oct 06, 2016, respectively.

 Bindal Exports IPOMewar Hi-Tech Engineering IPO
Issue OpenSep 30, 2016Sep 30, 2016
Issue CloseOct 06, 2016Oct 06, 2016
Basis Of Allotment (Tentative)Oct 10, 2016Oct 10, 2016
Listing date (Tentative)Oct 17, 2016Oct 17, 2016

Financials & KPIs

Bindal Exports IPO P/E ratio is , as compared to Mewar Hi-Tech Engineering IPO P/E ratio of .

 Bindal Exports IPOMewar Hi-Tech Engineering IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201631 Mar 201531 Mar 2014
Assets17.7319.6722.38
Total Income24.6827.9328.64
Profit After Tax0.060.010.07
NET Worth6.296.246.27
Reserves and Surplus4.324.264.29
Total Borrowing8.529.021.01
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201631 Mar 201531 Mar 2014
Assets40.6834.5331.14
Total Income25.3540.8423.96
Profit After Tax-0.020.190.32
NET Worth5.815.284.97
Reserves and Surplus3.785.605.43
Total Borrowing17.6112.8412.25
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%74.97%
Promoter Shareholding (Post-Issue)72.87%54.58%
Market Cap₹7.36 Cr.₹8.59 Cr.
RoNW0.94

Shares Offered

In the Bindal Exports IPO Retail Individual Investors (RII) are offered 5,92,000 shares while in Mewar Hi-Tech Engineering IPO retail investors are offered 5,92,000 shares. Qualified Institutional Buyers (QIB) are offered in Bindal Exports IPO and 0 shares in Mewar Hi-Tech Engineering IPO.

 Bindal Exports IPOMewar Hi-Tech Engineering IPO
Anchor Investor Reservation0 shares
Market Maker Reservation64,000 shares60,000 shares
QIB0 shares
NII5,92,000 shares4,98,000 shares
RII5,92,000 shares5,04,000 shares
Employee0 shares
Total11,84,000 shares10,02,000 shares

Bids Received (Subscription)

Bindal Exports IPO subscribed 1.36x in total, whereas Mewar Hi-Tech Engineering IPO subscribed 1.79x.

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