Meera Industries FPO vs SBC Exports IPO

Comparison between Meera Industries FPO and SBC Exports IPO.

IPO Details

Meera Industries FPO is a SME Fixed Price IPO proposed to list at BSE SME while SBC Exports 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 SBC Exports IPO is up to ₹6.23 Cr. The final issue price of Meera Industries FPO is ₹225.00 per share and of SBC Exports IPO is ₹22.00 per share.

 Meera Industries FPOSBC Exports IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹225.00 per share₹22.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size500 shares6000 shares
Fresh Issue Size4,92,000 shares28,32,000 shares
Fresh Issue Size (Amount)up to ₹11.07 Crup to ₹6.23 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total4,92,000 shares28,32,000 shares
Issue Size Total (Amount)up to ₹11.07 Crup to ₹6.23 Cr

IPO Timetable

Meera Industries FPO opens on Jun 13, 2019, while SBC Exports IPO opens on Jun 24, 2019. The closing date of Meera Industries FPO and SBC Exports IPO is Jun 18, 2019, and Jun 26, 2019, respectively.

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

Financials & KPIs

Meera Industries FPO P/E ratio is , as compared to SBC Exports IPO P/E ratio of .

 Meera Industries FPOSBC Exports IPO
Financials

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

Company Financials (Restated)

Period Ended31 Dec 201831 Mar 201831 Mar 201731 Mar 2016
Assets29.3918.939.264.80
Total Income58.5264.2128.6921.16
Profit After Tax0.690.830.330.07
EBITDA1.821.810.700.23
NET Worth12.091.410.580.25
Reserves and Surplus4.501.310.480.15
Total Borrowing3.011.210.410.12
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)98.14%92.91%
Promoter Shareholding (Post-Issue)71.15%66.73%
Market Cap₹88.37 Cr.₹23.28 Cr.

Shares Offered

In the Meera Industries FPO Retail Individual Investors (RII) are offered 2,46,000 shares while in SBC Exports IPO retail investors are offered 2,46,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Meera Industries FPO and in SBC Exports IPO.

 Meera Industries FPOSBC Exports IPO
Anchor Investor Reservation0 shares
Market Maker Reservation30,000 shares1,50,000 shares
QIB0 shares
NII2,46,000 shares14,16,000 shares
RII2,46,000 shares14,16,000 shares
Employee0 shares
Total4,92,000 shares28,32,000 shares

Bids Received (Subscription)

Meera Industries FPO subscribed 1.16x in total, whereas SBC Exports IPO subscribed 1.36x.

 Meera Industries FPOSBC Exports IPO
NII (times)1.99x1.94x
RII (times)0.33x0.78x
Total (times)1.16x1.36x

Compare with others

Compare:

Meera Industries FPO Vs SBC Exports IPO