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Evans Electric IPO vs Meera Industries FPO

Comparison between Evans Electric IPO and Meera Industries FPO.

IPO Details

Evans Electric IPO is a SME Fixed Price IPO proposed to list at BSE SME while Meera Industries FPO is a SME Fixed Price proposed to list at BSE SME.

 Evans Electric IPOMeera Industries FPO
LogoEvans Electric IPO LogoMeera Industries FPO Logo
Issue CategorySMESME
Issue TypeIPOFPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersHem Securities Ltd.Aryaman Financial Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerHem Securities Ltd.Guiness Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Evans Electric IPO is up to ₹1.83 Cr whereas the issue size of the Meera Industries FPO is up to ₹11.07 Cr. The final issue price of Evans Electric IPO is ₹52.00 per share and of Meera Industries FPO is ₹225.00 per share.

 Evans Electric IPOMeera Industries FPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹52.00 per share₹225.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares500 shares
Fresh Issue Size3,52,000 shares4,92,000 shares
Fresh Issue Size (Amount)up to ₹1.83 Crup to ₹11.07 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total3,52,000 shares4,92,000 shares
Issue Size Total (Amount)up to ₹1.83 Crup to ₹11.07 Cr

IPO Timetable

Evans Electric IPO opens on Apr 30, 2019, while Meera Industries FPO opens on Jun 13, 2019. The closing date of Evans Electric IPO and Meera Industries FPO is May 03, 2019, and Jun 18, 2019, respectively.

 Evans Electric IPOMeera Industries FPO
Issue OpenApr 30, 2019Jun 13, 2019
Issue CloseMay 03, 2019Jun 18, 2019
Basis Of Allotment (Tentative)May 08, 2019Jun 21, 2019
Initiation of Refunds (Tentative)May 09, 2019Jun 24, 2019
Credit of Share (Tentative)May 10, 2019Jun 25, 2019
Listing date (Tentative)May 13, 2019Jun 26, 2019

Financials & KPIs

Evans Electric IPO P/E ratio is , as compared to Meera Industries FPO P/E ratio of .

 Evans Electric IPOMeera Industries FPO
Financials

Company Financials (Restated)

Period Ended31 Oct 201831 Mar 201831 Mar 201731 Mar 2016
Assets8.738.409.495.60
Total Income4.005.8710.725.12
Profit After Tax0.580.462.370.41
EBITDA1.041.073.760.85
NET Worth7.657.076.674.43
Reserves and Surplus7.156.576.173.93
Total Borrowing0.480.06
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Jan 201731 Mar 201631 Mar 201531 Mar 2014
Assets8.156.074.954.49
Total Income11.378.188.017.52
Profit After Tax0.960.490.230.16
NET Worth4.143.182.692.46
Reserves and Surplus1.372.081.581.35
Total Borrowing0.010.080.11
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)80%98.14%
Promoter Shareholding (Post-Issue)58.31%71.15%
Market Cap₹7.13 Cr.₹88.37 Cr.

Shares Offered

In the Evans Electric IPO Retail Individual Investors (RII) are offered 1,76,000 shares while in Meera Industries FPO retail investors are offered 1,76,000 shares. Qualified Institutional Buyers (QIB) are offered in Evans Electric IPO and 0 shares in Meera Industries FPO.

 Evans Electric IPOMeera Industries FPO
Anchor Investor Reservation0 shares
Market Maker Reservation20,000 shares30,000 shares
QIB0 shares
NII1,76,000 shares2,46,000 shares
RII1,76,000 shares2,46,000 shares
Employee0 shares
Total3,52,000 shares4,92,000 shares

Bids Received (Subscription)

Evans Electric IPO subscribed 1.59x in total, whereas Meera Industries FPO subscribed 1.16x.

 Evans Electric IPOMeera Industries FPO
NII (times)2.62x1.99x
RII (times)0.56x0.33x
Total (times)1.59x1.16x

Compare with others

Evans Electric IPOMeera Industries FPO
Anand Rayons IPOA B Infrabuild IPO
Meera Industries FPOSBC Exports IPO
Suich Industries IPOEarum Pharmaceuticals IPO
Gensol Engineering IPOParshva Enterprises IPO
Par Drugs IPOAnand Rayons IPO
White Organic Retail IPOSuich Industries IPO
Artemis Electricals IPOGensol Engineering IPO
G.K.P.Printing IPOPar Drugs IPO
Cian Healthcare IPOEvans Electric IPO
V R Films IPOWhite Organic Retail IPO

Compare:

Evans Electric IPO Vs Meera Industries FPO