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Anand Rayons IPO vs Meera Industries FPO

Comparison between Anand Rayons IPO and Meera Industries FPO.

IPO Details

Anand Rayons IPO is a SME Fixed Price IPO proposed to list at BSE SME while Meera Industries FPO is a SME Fixed Price proposed to list at BSE SME.

 Anand Rayons IPOMeera Industries FPO
LogoAnand Rayons IPO LogoMeera Industries FPO Logo
Issue CategorySMESME
Issue TypeIPOFPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersOneview Corporate Advisors Pvt.Ltd.Aryaman Financial Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerBasan Equity Broking Ltd.Guiness Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Anand Rayons IPO is up to ₹12.01 Cr whereas the issue size of the Meera Industries FPO is up to ₹11.07 Cr. The final issue price of Anand Rayons IPO is ₹27.00 per share and of Meera Industries FPO is ₹225.00 per share.

 Anand Rayons IPOMeera Industries FPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹27.00 per share₹225.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares500 shares
Fresh Issue Size44,48,000 shares4,92,000 shares
Fresh Issue Size (Amount)up to ₹12.01 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 Total44,48,000 shares4,92,000 shares
Issue Size Total (Amount)up to ₹12.01 Crup to ₹11.07 Cr

IPO Timetable

Anand Rayons IPO opens on Jun 18, 2019, while Meera Industries FPO opens on Jun 13, 2019. The closing date of Anand Rayons IPO and Meera Industries FPO is Jun 24, 2019, and Jun 18, 2019, respectively.

 Anand Rayons IPOMeera Industries FPO
Issue OpenJun 18, 2019Jun 13, 2019
Issue CloseJun 24, 2019Jun 18, 2019
Basis Of Allotment (Tentative)Jun 27, 2019Jun 21, 2019
Initiation of Refunds (Tentative)Jun 28, 2019Jun 24, 2019
Credit of Share (Tentative)Jul 01, 2019Jun 25, 2019
Listing date (Tentative)Jul 02, 2019Jun 26, 2019

Financials & KPIs

Anand Rayons IPO P/E ratio is , as compared to Meera Industries FPO P/E ratio of .

 Anand Rayons IPOMeera Industries FPO
Financials

Company Financials (Restated)

Period Ended31 Jan 201931 Mar 201831 Mar 201731 Mar 2016
Assets61.0359.4258.0937.96
Total Income231.76259.59270.62219.92
Profit After Tax1.721.451.050.46
EBITDA5.226.575.203.09
NET Worth13.478.726.665.36
Reserves and Surplus3.181.45
Total Borrowing28.2532.6630.1423.17
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)100%98.14%
Promoter Shareholding (Post-Issue)68.71%71.15%
Market Cap₹40.46 Cr.₹88.37 Cr.

Shares Offered

In the Anand Rayons IPO Retail Individual Investors (RII) are offered 22,24,000 shares while in Meera Industries FPO retail investors are offered 22,24,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Anand Rayons IPO and 0 shares in Meera Industries FPO.

 Anand Rayons IPOMeera Industries FPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,40,000 shares30,000 shares
QIB0 shares0 shares
NII22,24,000 shares2,46,000 shares
RII22,24,000 shares2,46,000 shares
Employee0 shares0 shares
Total44,48,000 shares4,92,000 shares

Bids Received (Subscription)

Anand Rayons IPO subscribed 1.17x in total, whereas Meera Industries FPO subscribed 1.16x.

 Anand Rayons IPOMeera Industries FPO
NII (times)1.86x1.99x
RII (times)0.48x0.33x
Total (times)1.17x1.16x

Compare with others

Anand Rayons IPOMeera Industries FPO
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Earum Pharmaceuticals IPOParshva Enterprises IPO
Parshva Enterprises IPOAnand Rayons IPO
Meera Industries FPOSuich Industries IPO
Suich Industries IPOGensol Engineering IPO
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Compare:

Anand Rayons IPO Vs Meera Industries FPO