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Marine Electricals IPO vs Parin Furniture IPO

Comparison between Marine Electricals IPO and Parin Furniture IPO.

IPO Details

Marine Electricals IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Parin Furniture IPO is a SME Bookbuilding proposed to list at NSE SME.

 Marine Electricals IPOParin Furniture IPO
LogoMarine Electricals IPO LogoParin Furniture IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersAryaman Financial Services Ltd.Hem Securities Ltd.
RegistrarBigshare Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerAryaman Capital Markets Ltd.Hem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Marine Electricals IPO is up to ₹40.66 Cr whereas the issue size of the Parin Furniture IPO is up to ₹17.89 Cr. The final issue price of Marine Electricals IPO is ₹66.00 per share and of Parin Furniture IPO is ₹63.00 per share.

 Marine Electricals IPOParin Furniture IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹64.00 per share₹60.00 per share
Issue Price (Upper)₹66.00 per share₹63.00 per share
Issue Price (Final)₹66.00 per share₹63.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares2000 shares
Fresh Issue Size61,60,000 shares28,40,000 shares
Fresh Issue Size (Amount)up to ₹40.66 Crup to ₹17.89 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total61,60,000 shares28,40,000 shares
Issue Size Total (Amount)up to ₹40.66 Crup to ₹17.89 Cr

IPO Timetable

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

 Marine Electricals IPOParin Furniture IPO
Anchor Bid Date
Issue OpenSep 28, 2018Sep 26, 2018
Issue CloseOct 03, 2018Sep 28, 2018
Basis Of Allotment (Tentative)Oct 08, 2018Oct 04, 2018
Initiation of Refunds (Tentative)Oct 09, 2018Oct 05, 2018
Credit of Share (Tentative)Oct 10, 2018Oct 05, 2018
Listing date (Tentative)Oct 11, 2018Oct 09, 2018
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Marine Electricals IPO P/E ratio is , as compared to Parin Furniture IPO P/E ratio of .

 Marine Electricals IPOParin Furniture IPO
Financials
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 35.462.81 22,701.42 14,909.88 14,329.18 12,083.67
Total Revenue 38,345.64 22,365.03 25,169.27 23,839.14 21,485.60
Profit After Tax 1,625.95 1,079.92 935.10 850.34 1,421.17
Summary of financial Information (Restated Standalone)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 27,701.56 15,733.60 12,379.84 11,955.87 10,518.67
Total Revenue 28,907.08 21,184.40 19,527.44 19,230.42 16,217.76
Profit After Tax 1,172.41 861.14 792.60 552.54 683.68
Summary of financial Information (Restated Standalone)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 4,663.61 4,334.86 3,963.39 1,948.67 1,673.60
Total Revenue 6,459.34 5,994.04 6,178.46 2,875.78 3,002.76
Profit After Tax 261.78 135.54 101.57 27.53 60.82
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-18
Total Assets 5,744.18
Total Revenue 6,532.36
Profit After Tax 416.62
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Marine Electricals IPO Retail Individual Investors (RII) are offered 30,80,000 shares while in Parin Furniture IPO retail investors are offered 30,80,000 shares. Qualified Institutional Buyers (QIB) are offered in Marine Electricals IPO and 2,84,000 shares in Parin Furniture IPO.

 Marine Electricals IPOParin Furniture IPO
Anchor Investor Reserveration
Market Maker Reserveration3,36,000 shares1,60,000 shares
QIB2,84,000 shares
NII30,80,000 shares15,62,000 shares
RII30,80,000 shares9,94,000 shares
Employee
Others
Total61,60,000 shares28,40,000 shares

Bids Received (Subscription)

Marine Electricals IPO subscribed 1.23x in total, whereas Parin Furniture IPO subscribed 2.45x.

 Marine Electricals IPOParin Furniture IPO
QIB (times)
NII (times)2.04x2.08x
Big NII (times)
Small NII (times)
RII (times)0.43x2.62x
Employee (times)
Other (times)
Total (times)1.23x2.45x