Earum Pharmaceuticals IPO vs Meera Industries FPO

Comparison between Earum Pharmaceuticals IPO and Meera Industries FPO.

IPO Details

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.

Issue Size and Price

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 IPOMeera Industries FPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹36.00 per share₹225.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares500 shares
Fresh Issue Size17,52,000 shares4,92,000 shares
Fresh Issue Size (Amount)up to ₹6.31 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 Total17,52,000 shares4,92,000 shares
Issue Size Total (Amount)up to ₹6.31 Crup to ₹11.07 Cr

IPO Timetable

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 IPOMeera Industries FPO
Issue OpenJun 21, 2019Jun 13, 2019
Issue CloseJun 26, 2019Jun 18, 2019
Basis Of Allotment (Tentative)Jul 01, 2019Jun 21, 2019
Initiation of Refunds (Tentative)Jul 02, 2019Jun 24, 2019
Credit of Share (Tentative)Jul 03, 2019Jun 25, 2019
Listing date (Tentative)Jul 04, 2019Jun 26, 2019

Financials & KPIs

Earum Pharmaceuticals IPO P/E ratio is , as compared to Meera Industries FPO P/E ratio of .

 Earum Pharmaceuticals IPOMeera Industries FPO
Financials

Company Financials (Restated)

Period Ended31 Dec 201831 Mar 201831 Mar 201731 Mar 2016
Assets27.4120.5311.088.79
Total Income34.5035.8523.6918.63
Profit After Tax0.870.860.160.10
EBITDA1.931.470.310.47
NET Worth5.084.211.531.37
Reserves and Surplus4.773.901.421.26
Total Borrowing7.897.232.081.90
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)70.04%71.15%
Market Cap₹22.20 Cr.₹88.37 Cr.

Shares Offered

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 0 shares in Meera Industries FPO.

 Earum Pharmaceuticals IPOMeera Industries FPO
Anchor Investor Reservation0 shares
Market Maker Reservation96,000 shares30,000 shares
QIB0 shares
NII8,76,000 shares2,46,000 shares
RII8,76,000 shares2,46,000 shares
Employee0 shares
Total17,52,000 shares4,92,000 shares

Bids Received (Subscription)

Earum Pharmaceuticals IPO subscribed 1.60x in total, whereas Meera Industries FPO subscribed 1.16x.

 Earum Pharmaceuticals IPOMeera Industries FPO
NII (times)1.72x1.99x
RII (times)1.48x0.33x
Total (times)1.60x1.16x

Compare with others

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Earum Pharmaceuticals IPO Vs Meera Industries FPO