DRA Consultants IPO vs Mewar Hi-Tech Engineering IPO

Comparison between DRA Consultants IPO and Mewar Hi-Tech Engineering IPO.

IPO Details

DRA Consultants 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 DRA Consultants IPO is up to ₹2.80 Cr whereas the issue size of the Mewar Hi-Tech Engineering IPO is up to ₹2.20 Cr. The final issue price of DRA Consultants IPO is ₹10.00 per share and of Mewar Hi-Tech Engineering IPO is ₹22.00 per share.

 DRA Consultants IPOMewar Hi-Tech Engineering IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹10.00 per share₹22.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size10000 shares6000 shares
Fresh Issue Size28,00,000 shares10,02,000 shares
Fresh Issue Size (Amount)up to ₹2.80 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 Total28,00,000 shares10,02,000 shares
Issue Size Total (Amount)up to ₹2.80 Crup to ₹2.20 Cr

IPO Timetable

DRA Consultants IPO opens on Sep 30, 2016, while Mewar Hi-Tech Engineering IPO opens on Sep 30, 2016. The closing date of DRA Consultants IPO and Mewar Hi-Tech Engineering IPO is Oct 04, 2016, and Oct 06, 2016, respectively.

 DRA Consultants IPOMewar Hi-Tech Engineering IPO
Issue OpenSep 30, 2016Sep 30, 2016
Issue CloseOct 04, 2016Oct 06, 2016
Basis Of Allotment (Tentative)Oct 10, 2016
Listing date (Tentative)Oct 13, 2016Oct 17, 2016

Financials & KPIs

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

 DRA Consultants IPOMewar Hi-Tech Engineering IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201631 Mar 201531 Mar 2014
Assets13.4211.0210.43
Total Income16.5110.029.95
Profit After Tax2.101.221.35
NET Worth9.717.616.45
Reserves and Surplus9.707.606.44
Total Borrowing0.080.12
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)100.00%74.97%
Promoter Shareholding (Post-Issue)73.02%54.58%
Market Cap₹10.97 Cr.₹8.59 Cr.

Shares Offered

In the DRA Consultants IPO Retail Individual Investors (RII) are offered 14,00,000 shares while in Mewar Hi-Tech Engineering IPO retail investors are offered 14,00,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in DRA Consultants IPO and 0 shares in Mewar Hi-Tech Engineering IPO.

 DRA Consultants IPOMewar Hi-Tech Engineering IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,60,000 shares60,000 shares
QIB0 shares0 shares
NII14,00,000 shares4,98,000 shares
RII14,00,000 shares5,04,000 shares
Employee0 shares0 shares
Total28,00,000 shares10,02,000 shares

Bids Received (Subscription)

DRA Consultants IPO subscribed 13.01x in total, whereas Mewar Hi-Tech Engineering IPO subscribed 1.79x.

 DRA Consultants IPOMewar Hi-Tech Engineering IPO
NII (times)18.59x2.18x
RII (times)7.43x1.40x
Total (times)13.01x1.79x

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DRA Consultants IPO Vs Mewar Hi-Tech Engineering IPO