Comparison between Chavda Infra IPO and Meson Valves IPO.
Chavda Infra IPO is a SME Fixed Price IPO proposed to list at NSE SME while Meson Valves IPO is a SME Fixed Price proposed to list at BSE SME.
| Chavda Infra IPO | Meson Valves IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | Shreni Shares Ltd. |
| Registrar | Kfin Technologies Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Spread X Securities Pvt.Ltd. | Shreni Shares Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Chavda Infra IPO is up to ₹41.08 Cr whereas the issue size of the Meson Valves IPO is up to ₹29.50 Cr. The final issue price of Chavda Infra IPO is ₹65.00 per share and of Meson Valves IPO is ₹102.00 per share.
| Chavda Infra IPO | Meson Valves IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹60.00 per share | |
| Issue Price (Upper) | ₹65.00 per share | |
| Issue Price (Final) | ₹65.00 per share | ₹102.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1200 shares |
| Fresh Issue Size | 63,20,000 shares | 28,92,000 shares |
| Fresh Issue Size (Amount) | up to ₹41.08 Cr | up to ₹29.50 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 | 63,20,000 shares | 28,92,000 shares |
| Issue Size Total (Amount) | up to ₹41.08 Cr | up to ₹29.50 Cr |
Chavda Infra IPO opens on Sep 12, 2023, while Meson Valves IPO opens on Sep 08, 2023. The closing date of Chavda Infra IPO and Meson Valves IPO is Sep 14, 2023, and Sep 12, 2023, respectively.
| Chavda Infra IPO | Meson Valves IPO | |
|---|---|---|
| Anchor Bid Date | Sep 11, 2023 | |
| Issue Open | Sep 12, 2023 | Sep 08, 2023 |
| Issue Close | Sep 14, 2023 | Sep 12, 2023 |
| Basis Of Allotment (Tentative) | Sep 20, 2023 | Sep 15, 2023 |
| Initiation of Refunds (Tentative) | Sep 21, 2023 | Sep 18, 2023 |
| Credit of Share (Tentative) | Sep 22, 2023 | Sep 20, 2023 |
| Listing date (Tentative) | Sep 25, 2023 | Sep 21, 2023 |
| Anchor Lockin End date 1 | Oct 20, 2023 | |
| Anchor Lockin End date 2 | Dec 19, 2023 |
Chavda Infra IPO P/E ratio is 9.72, as compared to Meson Valves IPO P/E ratio of 15.47.
| Chavda Infra IPO | Meson Valves IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 46.91 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73 | 32.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.72 | 15.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹160.26 Cr. | ₹103.63 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 49.41% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 43.62% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.75 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.69 | ₹6.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 39.62% | 24.46% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Chavda Infra IPO Retail Individual Investors (RII) are offered 22,12,000 shares while in Meson Valves IPO retail investors are offered 22,12,000 shares. Qualified Institutional Buyers (QIB) are offered 12,64,000 shares in Chavda Infra IPO and in Meson Valves IPO.
| Chavda Infra IPO | Meson Valves IPO | |
|---|---|---|
| Anchor Investor Reservation | 18,96,000 shares | |
| Market Maker Reservation | 3,36,000 shares | 1,56,000 shares |
| QIB | 12,64,000 shares | |
| NII | 9,48,000 shares | 14,46,000 shares |
| RII | 22,12,000 shares | 14,46,000 shares |
| Employee | ||
| Others | ||
| Total | 63,20,000 shares | 28,92,000 shares |
Chavda Infra IPO subscribed 180.06x in total, whereas Meson Valves IPO subscribed 173.65x.
| Chavda Infra IPO | Meson Valves IPO | |
|---|---|---|
| QIB (times) | 95.10x | |
| NII (times) | 241.96x | 132.74x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 202.07x | 203.02x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 180.06x | 173.65x |
