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.
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.
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 FPO | Parshva Enterprises IPO |
|---|
| Issue Open | Jun 13, 2019 | Jun 19, 2019 |
| Issue Close | Jun 18, 2019 | Jun 21, 2019 |
| Basis Of Allotment (Tentative) | Jun 21, 2019 | Jun 27, 2019 |
| Initiation of Refunds (Tentative) | Jun 24, 2019 | Jun 28, 2019 |
| Credit of Share (Tentative) | Jun 25, 2019 | Jun 28, 2019 |
| Listing date (Tentative) | Jun 26, 2019 | Jul 01, 2019 |
Financials & KPIs
Meera Industries FPO P/E ratio is , as compared to Parshva Enterprises IPO P/E ratio of .
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 0 shares in Meera Industries FPO and in Parshva Enterprises IPO.
| | Meera Industries FPO | Parshva Enterprises IPO |
|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 30,000 shares | 42,000 shares |
| QIB | 0 shares | |
| NII | 2,46,000 shares | 3,84,000 shares |
| RII | 2,46,000 shares | 3,84,000 shares |
| Employee | 0 shares | |
| Total | 4,92,000 shares | 7,68,000 shares |
Bids Received (Subscription)
Meera Industries FPO subscribed 1.16x in total, whereas Parshva Enterprises IPO subscribed 1.20x.
