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Innovative Ideals IPO vs Marine Electricals IPO

Comparison between Innovative Ideals IPO and Marine Electricals IPO.

IPO Details

Innovative Ideals IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Marine Electricals IPO is a SME Bookbuilding proposed to list at NSE SME.

 Innovative Ideals IPOMarine Electricals IPO
LogoInnovative Ideals IPO LogoMarine Electricals IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersPantomath Capital Advisors Pvt.Ltd.Aryaman Financial Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerPantomath Stock Brokers Pvt.Ltd.Aryaman Capital Markets 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 Innovative Ideals IPO is up to ₹11.64 Cr whereas the issue size of the Marine Electricals IPO is up to ₹40.66 Cr. The final issue price of Innovative Ideals IPO is ₹40.00 per share and of Marine Electricals IPO is ₹66.00 per share.

 Innovative Ideals IPOMarine Electricals IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹36.00 per share₹64.00 per share
Issue Price (Upper)₹40.00 per share₹66.00 per share
Issue Price (Final)₹40.00 per share₹66.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares2000 shares
Fresh Issue Size29,10,000 shares61,60,000 shares
Fresh Issue Size (Amount)up to ₹11.64 Crup to ₹40.66 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total29,10,000 shares61,60,000 shares
Issue Size Total (Amount)up to ₹11.64 Crup to ₹40.66 Cr

IPO Timetable

Innovative Ideals IPO opens on Sep 24, 2018, while Marine Electricals IPO opens on Sep 28, 2018. The closing date of Innovative Ideals IPO and Marine Electricals IPO is Sep 26, 2018, and Oct 03, 2018, respectively.

 Innovative Ideals IPOMarine Electricals IPO
Issue OpenSep 24, 2018Sep 28, 2018
Issue CloseSep 26, 2018Oct 03, 2018
Basis Of Allotment (Tentative)Oct 01, 2018Oct 08, 2018
Initiation of Refunds (Tentative)Oct 03, 2018Oct 09, 2018
Credit of Share (Tentative)Oct 04, 2018Oct 10, 2018
Listing date (Tentative)Oct 05, 2018Oct 11, 2018

Financials & KPIs

Innovative Ideals IPO P/E ratio is , as compared to Marine Electricals IPO P/E ratio of .

 Innovative Ideals IPOMarine Electricals IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets34.8022.8720.82
Total Income20.3210.7512.18
Profit After Tax3.090.970.01
EBITDA4.882.220.74
NET Worth13.376.785.72
Reserves and Surplus5.053.783.42
Total Borrowing7.684.514.55
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets354.63227.01149.10
Total Income383.46273.65251.69
Profit After Tax16.2610.809.35
NET Worth94.0574.8263.39
Reserves and Surplus76.0157.6446.21
Total Borrowing41.9034.7928.33
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)71.81%99.99%
Promoter Shareholding (Post-Issue)52.47%73.52%
Market Cap₹45.52 Cr.₹161.92 Cr.

Shares Offered

In the Innovative Ideals IPO Retail Individual Investors (RII) are offered 14,55,000 shares while in Marine Electricals IPO retail investors are offered 14,55,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Innovative Ideals IPO and 0 shares in Marine Electricals IPO.

 Innovative Ideals IPOMarine Electricals IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,56,000 shares3,36,000 shares
QIB0 shares0 shares
NII14,55,000 shares30,80,000 shares
RII14,55,000 shares30,80,000 shares
Employee0 shares0 shares
Total29,10,000 shares61,60,000 shares

Bids Received (Subscription)

Innovative Ideals IPO subscribed 1.30x in total, whereas Marine Electricals IPO subscribed 1.23x.

 Innovative Ideals IPOMarine Electricals IPO
NII (times)1.01x2.04x
RII (times)1.58x0.43x
Total (times)1.30x1.23x

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Innovative Ideals IPOMarine Electricals IPO
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Compare:

Innovative Ideals IPO Vs Marine Electricals IPO