Marine Electricals IPO vs Shubham Polyspin IPO

Comparison between Marine Electricals IPO and Shubham Polyspin IPO.

IPO Details

Marine Electricals IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shubham Polyspin IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Marine Electricals IPO is up to ₹40.66 Cr whereas the issue size of the Shubham Polyspin IPO is up to ₹5.69 Cr. The final issue price of Marine Electricals IPO is ₹66.00 per share and of Shubham Polyspin IPO is ₹40.00 per share.

 Marine Electricals IPOShubham Polyspin IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹64.00 per share
Issue Price (Upper)₹66.00 per share
Issue Price (Final)₹66.00 per share₹40.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares3000 shares
Fresh Issue Size61,60,000 shares14,22,000 shares
Fresh Issue Size (Amount)up to ₹40.66 Crup to ₹5.69 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total61,60,000 shares14,22,000 shares
Issue Size Total (Amount)up to ₹40.66 Crup to ₹5.69 Cr

IPO Timetable

Marine Electricals IPO opens on Sep 28, 2018, while Shubham Polyspin IPO opens on Sep 28, 2018. The closing date of Marine Electricals IPO and Shubham Polyspin IPO is Oct 03, 2018, and Oct 04, 2018, respectively.

 Marine Electricals IPOShubham Polyspin IPO
Issue OpenSep 28, 2018Sep 28, 2018
Issue CloseOct 03, 2018Oct 04, 2018
Basis Of Allotment (Tentative)Oct 08, 2018Oct 09, 2018
Initiation of Refunds (Tentative)Oct 09, 2018
Credit of Share (Tentative)Oct 10, 2018
Listing date (Tentative)Oct 11, 2018Oct 12, 2018

Financials & KPIs

Marine Electricals IPO P/E ratio is , as compared to Shubham Polyspin IPO P/E ratio of .

 Marine Electricals IPOShubham Polyspin IPO
Financials

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

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets17.8420.2914.47
Total Income28.2717.7115.40
Profit After Tax1.480.220.25
NET Worth6.164.693.47
Reserves and Surplus2.150.680.46
Total Borrowing7.8611.438.21
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.99%100%
Promoter Shareholding (Post-Issue)73.52%72.78%
Market Cap₹161.92 Cr.₹22.04 Cr.

Shares Offered

In the Marine Electricals IPO Retail Individual Investors (RII) are offered 30,80,000 shares while in Shubham Polyspin IPO retail investors are offered 30,80,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Marine Electricals IPO and 0 shares in Shubham Polyspin IPO.

 Marine Electricals IPOShubham Polyspin IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation3,36,000 shares78,000 shares
QIB0 shares0 shares
NII30,80,000 shares7,11,000 shares
RII30,80,000 shares7,11,000 shares
Employee0 shares0 shares
Total61,60,000 shares14,22,000 shares

Bids Received (Subscription)

Marine Electricals IPO subscribed 1.23x in total, whereas Shubham Polyspin IPO subscribed 2.95x.

 Marine Electricals IPOShubham Polyspin IPO
NII (times)2.04x2.27x
RII (times)0.43x3.64x
Total (times)1.23x2.95x

Compare with others

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Marine Electricals IPO Vs Shubham Polyspin IPO