Comparison between Gensol Engineering IPO and Meera Industries FPO.
Gensol Engineering 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.
| Gensol Engineering IPO | Meera Industries FPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | FPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Pantomath Capital Advisors Pvt.Ltd. | Aryaman Financial Services Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Gretex Share Broking Pvt.Ltd. | Guiness Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Gensol Engineering IPO is up to ₹17.02 Cr whereas the issue size of the Meera Industries FPO is up to ₹11.07 Cr. The final issue price of Gensol Engineering IPO is ₹83.00 per share and of Meera Industries FPO is ₹225.00 per share.
| Gensol Engineering IPO | Meera Industries FPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹81.00 per share | |
| Issue Price (Upper) | ₹83.00 per share | |
| Issue Price (Final) | ₹83.00 per share | ₹225.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 500 shares |
| Fresh Issue Size | 20,51,200 shares | 4,92,000 shares |
| Fresh Issue Size (Amount) | up to ₹17.02 Cr | up to ₹11.07 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 | 20,51,200 shares | 4,92,000 shares |
| Issue Size Total (Amount) | up to ₹17.02 Cr | up to ₹11.07 Cr |
Gensol Engineering IPO opens on Sep 30, 2019, while Meera Industries FPO opens on Jun 13, 2019. The closing date of Gensol Engineering IPO and Meera Industries FPO is Oct 04, 2019, and Jun 18, 2019, respectively.
| Gensol Engineering IPO | Meera Industries FPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 30, 2019 | Jun 13, 2019 |
| Issue Close | Oct 04, 2019 | Jun 18, 2019 |
| Basis Of Allotment (Tentative) | Oct 10, 2019 | Jun 21, 2019 |
| Initiation of Refunds (Tentative) | Oct 11, 2019 | Jun 24, 2019 |
| Credit of Share (Tentative) | Oct 14, 2019 | Jun 25, 2019 |
| Listing date (Tentative) | Oct 15, 2019 | Jun 26, 2019 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Gensol Engineering IPO P/E ratio is , as compared to Meera Industries FPO P/E ratio of .
| Gensol Engineering IPO | Meera Industries FPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 96 | |||||
| Promoter Shareholding (Post-Issue) | 70.72 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹68.08 Cr. | ₹88.37 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Gensol Engineering IPO Retail Individual Investors (RII) are offered 10,25,600 shares while in Meera Industries FPO retail investors are offered 10,25,600 shares. Qualified Institutional Buyers (QIB) are offered in Gensol Engineering IPO and in Meera Industries FPO.
| Gensol Engineering IPO | Meera Industries FPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,08,800 shares | 30,000 shares |
| QIB | ||
| NII | 10,25,600 shares | 2,46,000 shares |
| RII | 10,25,600 shares | 2,46,000 shares |
| Employee | ||
| Others | ||
| Total | 20,51,200 shares | 4,92,000 shares |
Gensol Engineering IPO subscribed 1.32x in total, whereas Meera Industries FPO subscribed 1.16x.
| Gensol Engineering IPO | Meera Industries FPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.27x | 1.99x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.37x | 0.33x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.32x | 1.16x |
