Marine Electricals IPO vs Silgo Retail IPO

Comparison between Marine Electricals IPO and Silgo Retail IPO.

IPO Details

Marine Electricals IPO is a SME Fixed Price IPO proposed to list at NSE SME while Silgo Retail IPO is a SME Fixed Price proposed to list at NSE SME.

	Marine Electricals IPO	Silgo Retail IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Fixed Price
Listing At	NSE SME	NSE SME
Lead Managers	Aryaman Financial Services Ltd.	Aryaman Financial Services Ltd.
Registrar	Bigshare Services Pvt.Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	Aryaman Capital Markets Ltd.	Aryaman Capital Markets Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO 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 Silgo Retail IPO is up to ₹4.62 Cr. The final issue price of Marine Electricals IPO is ₹66.00 per share and of Silgo Retail IPO is ₹36.00 per share.

	Marine Electricals IPO	Silgo Retail 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	₹36.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	2000 shares	3000 shares
Fresh Issue Size	61,60,000 shares	12,84,000 shares
Fresh Issue Size (Amount)	up to ₹40.66 Cr	up to ₹4.62 Cr
OFS Issue Size	0 shares	0 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹0.00 Cr
Issue Size Total	61,60,000 shares	12,84,000 shares
Issue Size Total (Amount)	up to ₹40.66 Cr	up to ₹4.62 Cr

IPO Timetable

Marine Electricals IPO opens on Sep 28, 2018, while Silgo Retail IPO opens on Sep 27, 2018. The closing date of Marine Electricals IPO and Silgo Retail IPO is Oct 03, 2018, and Oct 03, 2018, respectively.

	Marine Electricals IPO	Silgo Retail IPO
Anchor Bid Date
Issue Open	Sep 28, 2018	Sep 27, 2018
Issue Close	Oct 03, 2018	Oct 03, 2018
Basis Of Allotment (Tentative)	Oct 08, 2018	Oct 08, 2018
Initiation of Refunds (Tentative)	Oct 09, 2018	Oct 09, 2018
Credit of Share (Tentative)	Oct 10, 2018	Oct 10, 2018
Listing date (Tentative)	Oct 11, 2018	Oct 10, 2018
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Marine Electricals IPO P/E ratio is , as compared to Silgo Retail IPO P/E ratio of .

Marine Electricals IPO

Silgo Retail 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)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18	31-Mar-17	31-Mar-16
Total Assets	902.56	244.23	1.16
Total Revenue	1,646.51	497.62	--
Profit After Tax	94.75	18.15	--

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 Silgo Retail IPO retail investors are offered 30,80,000 shares. Qualified Institutional Buyers (QIB) are offered in Marine Electricals IPO and in Silgo Retail IPO.

	Marine Electricals IPO	Silgo Retail IPO
Anchor Investor Reserveration
Market Maker Reserveration	3,36,000 shares	72,000 shares
QIB
NII	30,80,000 shares	6,42,000 shares
RII	30,80,000 shares	6,42,000 shares
Employee
Others
Total	61,60,000 shares	12,84,000 shares

Bids Received (Subscription)

Marine Electricals IPO subscribed 1.23x in total, whereas Silgo Retail IPO subscribed 1.23x.

	Marine Electricals IPO	Silgo Retail IPO
QIB (times)
NII (times)	2.04x	1.96x
Big NII (times)
Small NII (times)
RII (times)	0.43x	0.50x
Employee (times)
Other (times)
Total (times)	1.23x	1.23x

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