Comparison between Marshall Machines IPO and Ranjeet Mechatronics IPO.
IPO Details
Marshall Machines IPO is a SME Fixed Price IPO proposed to list at NSE SME while Ranjeet Mechatronics IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Marshall Machines IPO is up to ₹15.42 Cr whereas the issue size of the Ranjeet Mechatronics IPO is up to ₹4.26 Cr. The final issue price of Marshall Machines IPO is ₹42.00 per share and of Ranjeet Mechatronics IPO is ₹25.00 per share.
IPO Timetable
Marshall Machines IPO opens on Aug 28, 2018, while Ranjeet Mechatronics IPO opens on Sep 12, 2018. The closing date of Marshall Machines IPO and Ranjeet Mechatronics IPO is Aug 30, 2018, and Sep 17, 2018, respectively.
| | Marshall Machines IPO | Ranjeet Mechatronics IPO |
|---|
| Issue Open | Aug 28, 2018 | Sep 12, 2018 |
| Issue Close | Aug 30, 2018 | Sep 17, 2018 |
| Basis Of Allotment (Tentative) | Sep 05, 2018 | Sep 21, 2018 |
| Initiation of Refunds (Tentative) | | Sep 25, 2018 |
| Credit of Share (Tentative) | | Sep 25, 2018 |
| Listing date (Tentative) | Sep 07, 2018 | Sep 26, 2018 |
Financials & KPIs
Marshall Machines IPO P/E ratio is , as compared to Ranjeet Mechatronics IPO P/E ratio of .
Shares Offered
In the Marshall Machines IPO Retail Individual Investors (RII) are offered 18,36,000 shares while in Ranjeet Mechatronics IPO retail investors are offered 18,36,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Marshall Machines IPO and 0 shares in Ranjeet Mechatronics IPO.
| | Marshall Machines IPO | Ranjeet Mechatronics IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,98,000 shares | 96,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 18,36,000 shares | 8,52,000 shares |
| RII | 18,36,000 shares | 8,52,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 36,72,000 shares | 17,04,000 shares |
Bids Received (Subscription)
Marshall Machines IPO subscribed 2.06x in total, whereas Ranjeet Mechatronics IPO subscribed 69.75x.
