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Gensol Engineering IPO vs Meera Industries FPO

Comparison between Gensol Engineering IPO and Meera Industries FPO.

IPO Details

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 IPOMeera Industries FPO
LogoGensol Engineering IPO LogoMeera Industries FPO Logo
Issue CategorySMESME
Issue TypeIPOFPO
Process TypeBookbuildingFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersPantomath Capital Advisors Pvt.Ltd.Aryaman Financial Services Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Kfin Technologies Ltd.
Market MakerGretex Share Broking Pvt.Ltd.Guiness Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

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 IPOMeera 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 Size1600 shares500 shares
Fresh Issue Size20,51,200 shares4,92,000 shares
Fresh Issue Size (Amount)up to ₹17.02 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 Total20,51,200 shares4,92,000 shares
Issue Size Total (Amount)up to ₹17.02 Crup to ₹11.07 Cr

IPO Timetable

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 IPOMeera Industries FPO
Anchor Bid Date
Issue OpenSep 30, 2019Jun 13, 2019
Issue CloseOct 04, 2019Jun 18, 2019
Basis Of Allotment (Tentative)Oct 10, 2019Jun 21, 2019
Initiation of Refunds (Tentative)Oct 11, 2019Jun 24, 2019
Credit of Share (Tentative)Oct 14, 2019Jun 25, 2019
Listing date (Tentative)Oct 15, 2019Jun 26, 2019
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Gensol Engineering IPO P/E ratio is , as compared to Meera Industries FPO P/E ratio of .

 Gensol Engineering IPOMeera Industries FPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-19 31-Mar-18 31-Mar-17
Total Assets 4,288.66 2,643.71 996.80
Total Revenue 8,385.43 6,964.42 6,231.77
Profit After Tax 649.68 533.66 118.90
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Dec-19 31-Mar-18
Total Assets 2,166.42 1,468.14
Total Revenue 3,558.41 2,149.66
Profit After Tax 494.55 240.80
Promoter Shareholding (Pre-Issue)96
Promoter Shareholding (Post-Issue)70.72
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

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 IPOMeera Industries FPO
Anchor Investor Reserveration
Market Maker Reserveration1,08,800 shares30,000 shares
QIB
NII10,25,600 shares2,46,000 shares
RII10,25,600 shares2,46,000 shares
Employee
Others
Total20,51,200 shares4,92,000 shares

Bids Received (Subscription)

Gensol Engineering IPO subscribed 1.32x in total, whereas Meera Industries FPO subscribed 1.16x.

 Gensol Engineering IPOMeera Industries FPO
QIB (times)
NII (times)2.27x1.99x
Big NII (times)
Small NII (times)
RII (times)0.37x0.33x
Employee (times)
Other (times)
Total (times)1.32x1.16x