Comparison between Earum Pharmaceuticals IPO and Meera Industries FPO.
Earum Pharmaceuticals 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.
| Earum Pharmaceuticals IPO | Meera Industries FPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | FPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Hem Securities Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Hem Securities Ltd. | Guiness Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Earum Pharmaceuticals IPO is up to ₹6.31 Cr whereas the issue size of the Meera Industries FPO is up to ₹11.07 Cr. The final issue price of Earum Pharmaceuticals IPO is ₹36.00 per share and of Meera Industries FPO is ₹225.00 per share.
| Earum Pharmaceuticals IPO | Meera Industries FPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹36.00 per share | ₹225.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 500 shares |
| Fresh Issue Size | 17,52,000 shares | 4,92,000 shares |
| Fresh Issue Size (Amount) | up to ₹6.31 Cr | up to ₹11.07 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 | 17,52,000 shares | 4,92,000 shares |
| Issue Size Total (Amount) | up to ₹6.31 Cr | up to ₹11.07 Cr |
Earum Pharmaceuticals IPO opens on Jun 21, 2019, while Meera Industries FPO opens on Jun 13, 2019. The closing date of Earum Pharmaceuticals IPO and Meera Industries FPO is Jun 26, 2019, and Jun 18, 2019, respectively.
| Earum Pharmaceuticals IPO | Meera Industries FPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 21, 2019 | Jun 13, 2019 |
| Issue Close | Jun 26, 2019 | Jun 18, 2019 |
| Basis Of Allotment (Tentative) | Jul 01, 2019 | Jun 21, 2019 |
| Initiation of Refunds (Tentative) | Jul 02, 2019 | Jun 24, 2019 |
| Credit of Share (Tentative) | Jul 03, 2019 | Jun 25, 2019 |
| Listing date (Tentative) | Jul 04, 2019 | Jun 26, 2019 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Earum Pharmaceuticals IPO P/E ratio is , as compared to Meera Industries FPO P/E ratio of .
| Earum Pharmaceuticals IPO | Meera Industries FPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | |||||
| Promoter Shareholding (Post-Issue) | 70.04 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹22.20 Cr. | ₹88.37 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Earum Pharmaceuticals IPO Retail Individual Investors (RII) are offered 8,76,000 shares while in Meera Industries FPO retail investors are offered 8,76,000 shares. Qualified Institutional Buyers (QIB) are offered in Earum Pharmaceuticals IPO and in Meera Industries FPO.
| Earum Pharmaceuticals IPO | Meera Industries FPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 96,000 shares | 30,000 shares |
| QIB | ||
| NII | 8,76,000 shares | 2,46,000 shares |
| RII | 8,76,000 shares | 2,46,000 shares |
| Employee | ||
| Others | ||
| Total | 17,52,000 shares | 4,92,000 shares |
Earum Pharmaceuticals IPO subscribed 1.60x in total, whereas Meera Industries FPO subscribed 1.16x.
| Earum Pharmaceuticals IPO | Meera Industries FPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.72x | 1.99x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.48x | 0.33x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.60x | 1.16x |
