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Meera Industries FPO vs Parshva Enterprises IPO

Comparison between Meera Industries FPO and Parshva Enterprises IPO.

IPO Details

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

 Meera Industries FPOParshva Enterprises IPO
LogoMeera Industries FPO LogoParshva Enterprises IPO Logo
Issue CategorySMESME
Issue TypeFPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersAryaman Financial Services Ltd.Inventure Merchant Banker Services Pvt.Ltd.
RegistrarKfin Technologies Ltd.Bigshare Services Pvt.Ltd.
Market MakerGuiness Securities Ltd.Sernet Financial Services Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Meera Industries FPO is up to ₹11.07 Cr whereas the issue size of the Parshva Enterprises IPO is up to ₹3.46 Cr. The final issue price of Meera Industries FPO is ₹225.00 per share and of Parshva Enterprises IPO is ₹45.00 per share.

 Meera Industries FPOParshva Enterprises IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹225.00 per share₹45.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size500 shares3000 shares
Fresh Issue Size4,92,000 shares7,68,000 shares
Fresh Issue Size (Amount)up to ₹11.07 Crup to ₹3.46 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total4,92,000 shares7,68,000 shares
Issue Size Total (Amount)up to ₹11.07 Crup to ₹3.46 Cr

IPO Timetable

Meera Industries FPO opens on Jun 13, 2019, while Parshva Enterprises IPO opens on Jun 19, 2019. The closing date of Meera Industries FPO and Parshva Enterprises IPO is Jun 18, 2019, and Jun 21, 2019, respectively.

 Meera Industries FPOParshva Enterprises IPO
Anchor Bid Date
Issue OpenJun 13, 2019Jun 19, 2019
Issue CloseJun 18, 2019Jun 21, 2019
Basis Of Allotment (Tentative)Jun 21, 2019Jun 27, 2019
Initiation of Refunds (Tentative)Jun 24, 2019Jun 28, 2019
Credit of Share (Tentative)Jun 25, 2019Jun 28, 2019
Listing date (Tentative)Jun 26, 2019Jul 01, 2019
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Meera Industries FPO P/E ratio is , as compared to Parshva Enterprises IPO P/E ratio of .

 Meera Industries FPOParshva Enterprises IPO
Financials
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
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-19 31-Mar-18
Total Assets 357.93 205.41
Total Revenue 709.22 476.29
Profit After Tax 30.04 3.88
Promoter Shareholding (Pre-Issue)100
Promoter Shareholding (Post-Issue)73.09
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Meera Industries FPO Retail Individual Investors (RII) are offered 2,46,000 shares while in Parshva Enterprises IPO retail investors are offered 2,46,000 shares. Qualified Institutional Buyers (QIB) are offered in Meera Industries FPO and in Parshva Enterprises IPO.

 Meera Industries FPOParshva Enterprises IPO
Anchor Investor Reserveration
Market Maker Reserveration30,000 shares42,000 shares
QIB
NII2,46,000 shares3,84,000 shares
RII2,46,000 shares3,84,000 shares
Employee
Others
Total4,92,000 shares7,68,000 shares

Bids Received (Subscription)

Meera Industries FPO subscribed 1.16x in total, whereas Parshva Enterprises IPO subscribed 1.20x.

 Meera Industries FPOParshva Enterprises IPO
QIB (times)
NII (times)1.99x1.65x
Big NII (times)
Small NII (times)
RII (times)0.33x0.74x
Employee (times)
Other (times)
Total (times)1.16x1.20x