InfoBeans Technologies IPO vs Meera Industries IPO

Comparison between InfoBeans Technologies IPO and Meera Industries IPO.

IPO Details

InfoBeans Technologies IPO is a SME Fixed Price IPO proposed to list at NSE SME while Meera Industries IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of InfoBeans Technologies IPO is up to ₹34.94 Cr whereas the issue size of the Meera Industries IPO is up to ₹3.67 Cr. The final issue price of InfoBeans Technologies IPO is ₹58.00 per share and of Meera Industries IPO is ₹36.00 per share.

 InfoBeans Technologies IPOMeera Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹58.00 per share₹36.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares3000 shares
Fresh Issue Size60,24,000 shares10,20,000 shares
Fresh Issue Size (Amount)up to ₹34.94 Crup to ₹3.67 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total60,24,000 shares10,20,000 shares
Issue Size Total (Amount)up to ₹34.94 Crup to ₹3.67 Cr

IPO Timetable

InfoBeans Technologies IPO opens on Apr 18, 2017, while Meera Industries IPO opens on Apr 27, 2017. The closing date of InfoBeans Technologies IPO and Meera Industries IPO is Apr 21, 2017, and May 04, 2017, respectively.

 InfoBeans Technologies IPOMeera Industries IPO
Issue OpenApr 18, 2017Apr 27, 2017
Issue CloseApr 21, 2017May 04, 2017
Basis Of Allotment (Tentative)Apr 26, 2017
Listing date (Tentative)May 02, 2017May 15, 2017

Financials & KPIs

InfoBeans Technologies IPO P/E ratio is , as compared to Meera Industries IPO P/E ratio of .

 InfoBeans Technologies IPOMeera Industries IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Dec 201631 Mar 201631 Mar 201531 Mar 2014
Assets55.2246.8931.0826.26
Total Income50.6862.0635.3533.11
Profit After Tax7.1613.425.439.14
NET Worth48.2441.0827.7522.01
Reserves and Surplus43.1936.0322.7017.11
Total Borrowing2.650.070.031.06
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)100%98.14%
Promoter Shareholding (Post-Issue)73.59%71.15%
Market Cap₹139.29 Cr.₹18.03 Cr.

Shares Offered

In the InfoBeans Technologies IPO Retail Individual Investors (RII) are offered 30,12,000 shares while in Meera Industries IPO retail investors are offered 30,12,000 shares. Qualified Institutional Buyers (QIB) are offered 24,06,000 shares in InfoBeans Technologies IPO and in Meera Industries IPO.

 InfoBeans Technologies IPOMeera Industries IPO
Market Maker Reservation3,18,000 shares60,000 shares
QIB24,06,000 shares
NII6,06,000 shares5,10,000 shares
RII30,12,000 shares5,10,000 shares
Employee0 shares
Total60,24,000 shares10,20,000 shares

Bids Received (Subscription)

InfoBeans Technologies IPO subscribed 32.95x in total, whereas Meera Industries IPO subscribed 9.27x.

 InfoBeans Technologies IPOMeera Industries IPO
QIB (times)1.75x
NII (times)189.60x2.31x
RII (times)26.36x16.24x
Total (times)32.95x9.27x

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