A B Infrabuild IPO vs Meera Industries FPO

Comparison between A B Infrabuild IPO and Meera Industries FPO.

IPO Details

A B Infrabuild IPO is a SME Fixed Price IPO proposed to list at NSE SME while Meera Industries FPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of A B Infrabuild IPO is up to ₹12.19 Cr whereas the issue size of the Meera Industries FPO is up to ₹11.07 Cr. The final issue price of A B Infrabuild IPO is ₹29.00 per share and of Meera Industries FPO is ₹225.00 per share.

 A B Infrabuild IPOMeera Industries FPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹29.00 per share₹225.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares500 shares
Fresh Issue Size42,04,000 shares4,92,000 shares
Fresh Issue Size (Amount)up to ₹12.19 Crup to ₹11.07 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total42,04,000 shares4,92,000 shares
Issue Size Total (Amount)up to ₹12.19 Crup to ₹11.07 Cr

IPO Timetable

A B Infrabuild IPO opens on Jun 28, 2019, while Meera Industries FPO opens on Jun 13, 2019. The closing date of A B Infrabuild IPO and Meera Industries FPO is Jul 03, 2019, and Jun 18, 2019, respectively.

 A B Infrabuild IPOMeera Industries FPO
Issue OpenJun 28, 2019Jun 13, 2019
Issue CloseJul 03, 2019Jun 18, 2019
Basis Of Allotment (Tentative)Jul 09, 2019Jun 21, 2019
Initiation of Refunds (Tentative)Jul 10, 2019Jun 24, 2019
Credit of Share (Tentative)Jul 10, 2019Jun 25, 2019
Listing date (Tentative)Jul 12, 2019Jun 26, 2019

Financials & KPIs

A B Infrabuild IPO P/E ratio is , as compared to Meera Industries FPO P/E ratio of .

 A B Infrabuild IPOMeera Industries FPO
Financials

Company Financials (Restated)

Period Ended31 Dec 201831 Mar 201831 Mar 201731 Mar 2016
Assets79.6581.4375.0362.65
Total Income40.3361.0973.9975.16
Profit After Tax2.703.150.160.33
NET Worth14.6711.188.037.87
Reserves and Surplus6.438.685.535.37
Total Borrowing61.6665.6660.7152.76
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Jan 201731 Mar 201631 Mar 201531 Mar 2014
Assets8.156.074.954.49
Total Income11.378.188.017.52
Profit After Tax0.960.490.230.16
NET Worth4.143.182.692.46
Reserves and Surplus1.372.081.581.35
Total Borrowing0.010.080.11
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)90.99%98.14%
Promoter Shareholding (Post-Issue)59.19%71.15%
Market Cap₹36.74 Cr.₹88.37 Cr.

Shares Offered

In the A B Infrabuild IPO Retail Individual Investors (RII) are offered 21,04,000 shares while in Meera Industries FPO retail investors are offered 21,04,000 shares. Qualified Institutional Buyers (QIB) are offered in A B Infrabuild IPO and 0 shares in Meera Industries FPO.

 A B Infrabuild IPOMeera Industries FPO
Anchor Investor Reservation0 shares
Market Maker Reservation2,24,000 shares30,000 shares
QIB0 shares
NII21,00,000 shares2,46,000 shares
RII21,04,000 shares2,46,000 shares
Employee0 shares
Total42,04,000 shares4,92,000 shares

Bids Received (Subscription)

A B Infrabuild IPO subscribed 0.97x in total, whereas Meera Industries FPO subscribed 1.16x.

 A B Infrabuild IPOMeera Industries FPO
NII (times)1.20x1.99x
RII (times)0.74x0.33x
Total (times)0.97x1.16x

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A B Infrabuild IPO Vs Meera Industries FPO