Comparison between Chavda Infra IPO and Meson Valves IPO.
IPO Details
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.
Issue Size and Price
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.
IPO Timetable
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 | |
Financials & KPIs
Chavda Infra IPO P/E ratio is 9.72, as compared to Meson Valves IPO P/E ratio of 15.47.
Shares Offered
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 |
| Total | 63,20,000 shares | 28,92,000 shares |
Bids Received (Subscription)
Chavda Infra IPO subscribed 126.04x in total, whereas Meson Valves IPO subscribed 167.88x.
