AKM Lace IPO vs Mehai Technology IPO

Comparison between AKM Lace IPO and Mehai Technology IPO.

IPO Details

AKM Lace IPO is a SME Fixed Price IPO proposed to list at BSE SME while Mehai Technology IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of AKM Lace IPO is up to ₹4.50 Cr whereas the issue size of the Mehai Technology IPO is up to ₹5.69 Cr. The final issue price of AKM Lace IPO is ₹25.00 per share and of Mehai Technology IPO is ₹40.00 per share.

 AKM Lace IPOMehai Technology IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹25.00 per share₹40.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size6000 shares3000 shares
Fresh Issue Size18,00,000 shares14,22,000 shares
Fresh Issue Size (Amount)up to ₹4.50 Crup to ₹5.69 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total18,00,000 shares14,22,000 shares
Issue Size Total (Amount)up to ₹4.50 Crup to ₹5.69 Cr

IPO Timetable

AKM Lace IPO opens on Sep 20, 2017, while Mehai Technology IPO opens on Sep 25, 2017. The closing date of AKM Lace IPO and Mehai Technology IPO is Sep 22, 2017, and Sep 28, 2017, respectively.

Financials & KPIs

AKM Lace IPO P/E ratio is , as compared to Mehai Technology IPO P/E ratio of .

 AKM Lace IPOMehai Technology IPO
Financials

Company Financials ()

Period Ended
Amount in ₹ Crore

Company Financials ()

Period Ended
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap₹7.53 Cr.₹21.42 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the AKM Lace IPO Retail Individual Investors (RII) are offered 9,00,000 shares while in Mehai Technology IPO retail investors are offered 9,00,000 shares. Qualified Institutional Buyers (QIB) are offered in AKM Lace IPO and in Mehai Technology IPO.

 AKM Lace IPOMehai Technology IPO
Anchor Investor Reservation
Market Maker Reservation1,02,000 shares78,000 shares
QIB
NII9,00,000 shares7,11,000 shares
RII9,00,000 shares7,11,000 shares
Employee
Others
Total18,00,000 shares14,22,000 shares

Bids Received (Subscription)

AKM Lace IPO subscribed 1.21x in total, whereas Mehai Technology IPO subscribed 1.73x.

Compare with others

Compare:

AKM Lace IPO Vs Mehai Technology IPO