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Evans Electric IPO vs Meera Industries FPO

Comparison between Evans Electric IPO and Meera Industries FPO.

IPO Details

Evans Electric 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.

 Evans Electric IPOMeera Industries FPO
LogoEvans Electric IPO LogoMeera Industries FPO Logo
Issue CategorySMESME
Issue TypeIPOFPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersHem Securities Ltd.Aryaman Financial Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerHem Securities Ltd.Guiness Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Evans Electric IPO is up to ₹1.83 Cr whereas the issue size of the Meera Industries FPO is up to ₹11.07 Cr. The final issue price of Evans Electric IPO is ₹52.00 per share and of Meera Industries FPO is ₹225.00 per share.

 Evans Electric IPOMeera Industries FPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹52.00 per share₹225.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares500 shares
Fresh Issue Size3,52,000 shares4,92,000 shares
Fresh Issue Size (Amount)up to ₹1.83 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 Total3,52,000 shares4,92,000 shares
Issue Size Total (Amount)up to ₹1.83 Crup to ₹11.07 Cr

IPO Timetable

Evans Electric IPO opens on Apr 30, 2019, while Meera Industries FPO opens on Jun 13, 2019. The closing date of Evans Electric IPO and Meera Industries FPO is May 03, 2019, and Jun 18, 2019, respectively.

 Evans Electric IPOMeera Industries FPO
Anchor Bid Date
Issue OpenApr 30, 2019Jun 13, 2019
Issue CloseMay 03, 2019Jun 18, 2019
Basis Of Allotment (Tentative)May 08, 2019Jun 21, 2019
Initiation of Refunds (Tentative)May 09, 2019Jun 24, 2019
Credit of Share (Tentative)May 10, 2019Jun 25, 2019
Listing date (Tentative)May 13, 2019Jun 26, 2019
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Evans Electric IPO P/E ratio is , as compared to Meera Industries FPO P/E ratio of .

 Evans Electric IPOMeera Industries FPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Oct-18 31-Mar-18 31-Mar-17 31-Mar-16
Total Assets 873.27 839.65 948.54 560.49
Total Revenue 376.90 561.16 1,060.49 502.69
Profit After Tax 58.06 46.30 236.69 41.48
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Dec-19 31-Mar-18
Total Assets 2,166.42 1,468.14
Total Revenue 3,558.41 2,149.66
Profit After Tax 494.55 240.80
Promoter Shareholding (Pre-Issue)80
Promoter Shareholding (Post-Issue)58.31
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Evans Electric IPO Retail Individual Investors (RII) are offered 1,76,000 shares while in Meera Industries FPO retail investors are offered 1,76,000 shares. Qualified Institutional Buyers (QIB) are offered in Evans Electric IPO and in Meera Industries FPO.

 Evans Electric IPOMeera Industries FPO
Anchor Investor Reserveration
Market Maker Reserveration20,000 shares30,000 shares
QIB
NII1,76,000 shares2,46,000 shares
RII1,76,000 shares2,46,000 shares
Employee
Others
Total3,52,000 shares4,92,000 shares

Bids Received (Subscription)

Evans Electric IPO subscribed 1.59x in total, whereas Meera Industries FPO subscribed 1.16x.

 Evans Electric IPOMeera Industries FPO
QIB (times)
NII (times)2.62x1.99x
Big NII (times)
Small NII (times)
RII (times)0.56x0.33x
Employee (times)
Other (times)
Total (times)1.59x1.16x