Cadsys IPO vs Mehai Technology IPO

Comparison between Cadsys IPO and Mehai Technology IPO.

IPO Details

Cadsys IPO is a SME Fixed Price IPO proposed to list at NSE 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 Cadsys IPO is up to ₹13.94 Cr whereas the issue size of the Mehai Technology IPO is up to ₹5.69 Cr. The final issue price of Cadsys IPO is ₹70.00 per share and of Mehai Technology IPO is ₹40.00 per share.

 Cadsys IPOMehai Technology IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹70.00 per share₹40.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares3000 shares
Fresh Issue Size19,92,000 shares14,22,000 shares
Fresh Issue Size (Amount)up to ₹13.94 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 Total19,92,000 shares14,22,000 shares
Issue Size Total (Amount)up to ₹13.94 Crup to ₹5.69 Cr

IPO Timetable

Cadsys IPO opens on Sep 21, 2017, while Mehai Technology IPO opens on Sep 25, 2017. The closing date of Cadsys IPO and Mehai Technology IPO is Sep 25, 2017, and Sep 28, 2017, respectively.

 Cadsys IPOMehai Technology IPO
Issue OpenSep 21, 2017Sep 25, 2017
Issue CloseSep 25, 2017Sep 28, 2017
Basis Of Allotment (Tentative)Sep 28, 2017Oct 04, 2017
Listing date (Tentative)Oct 04, 2017Oct 09, 2017

Financials & KPIs

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

 Cadsys IPOMehai Technology IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets41.9427.8822.96
Total Income28.3331.5523.15
Profit After Tax2.685.604.41
NET Worth21.1318.4513.11
Reserves and Surplus15.7317.3712.03
Total Borrowing12.293.683.39
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)65.84%99.95%
Promoter Shareholding (Post-Issue)47.41%71.95%
Market Cap₹52.52 Cr.₹21.42 Cr.

Shares Offered

In the Cadsys IPO Retail Individual Investors (RII) are offered 9,96,000 shares while in Mehai Technology IPO retail investors are offered 9,96,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Cadsys IPO and 0 shares in Mehai Technology IPO.

 Cadsys IPOMehai Technology IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,08,000 shares78,000 shares
QIB0 shares0 shares
NII9,96,000 shares7,11,000 shares
RII9,96,000 shares7,11,000 shares
Employee0 shares0 shares
Total19,92,000 shares14,22,000 shares

Bids Received (Subscription)

Cadsys IPO subscribed 3.17x in total, whereas Mehai Technology IPO subscribed 1.73x.

 Cadsys IPOMehai Technology IPO
NII (times)2.05x0.86x
RII (times)4.28x2.60x
Total (times)3.17x1.73x

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