ProStocks Logo
Unlimited Trades ₹899 Monthly
www.ProStocks.com
Contact us

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.

 AKM Lace IPOMehai Technology IPO
LogoAKM Lace IPO LogoMehai Technology IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersAryaman Financial Services Ltd.SPA Capital Advisors Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerMSB E-Trade Securities Ltd.Guiness Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

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 (Final)₹25.00 per share₹40.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
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.

 AKM Lace IPOMehai Technology IPO
Issue OpenSep 20, 2017Sep 25, 2017
Issue CloseSep 22, 2017Sep 28, 2017
Basis Of Allotment (Tentative)Sep 27, 2017Oct 04, 2017
Listing date (Tentative)Sep 29, 2017Oct 09, 2017

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 (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets9.163.332.71
Total Income11.311.020.86
Profit After Tax0.140.010.00
NET Worth3.072.712.71
Reserves and Surplus1.962.622.61
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Apr 201731 Mar 201731 Mar 201631 Mar 2015
Assets10.328.510.960.55
Total Income0.295.221.240.62
Profit After Tax0.040.310.010.01
NET Worth6.400.420.110.09
Reserves and Surplus5.170.330.030.01
Total Borrowing0.253.25
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)90.39%99.95%
Promoter Shareholding (Post-Issue)33.31%71.95%
Market Cap₹7.53 Cr.₹21.42 Cr.

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 0 shares in AKM Lace IPO and 0 shares in Mehai Technology IPO.

 AKM Lace IPOMehai Technology IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,02,000 shares78,000 shares
QIB0 shares0 shares
NII9,00,000 shares7,11,000 shares
RII9,00,000 shares7,11,000 shares
Employee0 shares0 shares
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.

 AKM Lace IPOMehai Technology IPO
NII (times)1.51x0.86x
RII (times)0.91x2.60x
Total (times)1.21x1.73x

Compare with others

AKM Lace IPOMehai Technology IPO
Mehai Technology IPORKEC Projects IPO
Airo Lam IPOGoldstar Power IPO
Cadsys IPOAarvi Encon IPO
Innovative Tyres IPOPoojawestern Metaliks IPO
Trident Texofab IPOShare India Securities IPO
Madhya Pradesh Today Media IPOAiro Lam IPO
Vanta Bioscience IPOCadsys IPO
D P Wires IPOInnovative Tyres IPO
Shree Tirupati Balajee FIBC IPOTrident Texofab IPO
R M Drip IPOAKM Lace IPO

Compare:

AKM Lace IPO Vs Mehai Technology IPO