Comparison between Innovative Tyres IPO and Mehai Technology IPO.
Innovative Tyres 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.
| Innovative Tyres IPO | Mehai Technology IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Pantomath Capital Advisors Pvt.Ltd. | SPA Capital Advisors Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Goldmine Stocks Pvt.Ltd. | Guiness Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Innovative Tyres IPO is up to ₹26.87 Cr whereas the issue size of the Mehai Technology IPO is up to ₹5.69 Cr. The final issue price of Innovative Tyres IPO is ₹45.00 per share and of Mehai Technology IPO is ₹40.00 per share.
| Innovative Tyres IPO | Mehai Technology IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹42.00 per share | |
| Issue Price (Upper) | ₹45.00 per share | |
| Issue Price (Final) | ₹45.00 per share | ₹40.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 3000 shares | 3000 shares |
| Fresh Issue Size | 59,70,000 shares | 14,22,000 shares |
| Fresh Issue Size (Amount) | up to ₹26.87 Cr | up to ₹5.69 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 59,70,000 shares | 14,22,000 shares |
| Issue Size Total (Amount) | up to ₹26.87 Cr | up to ₹5.69 Cr |
Innovative Tyres IPO opens on Sep 22, 2017, while Mehai Technology IPO opens on Sep 25, 2017. The closing date of Innovative Tyres IPO and Mehai Technology IPO is Sep 26, 2017, and Sep 28, 2017, respectively.
| Innovative Tyres IPO | Mehai Technology IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 22, 2017 | Sep 25, 2017 |
| Issue Close | Sep 26, 2017 | Sep 28, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Oct 05, 2017 | Oct 09, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Innovative Tyres IPO P/E ratio is , as compared to Mehai Technology IPO P/E ratio of .
| Innovative Tyres IPO | Mehai Technology IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹80.96 Cr. | ₹21.42 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Innovative Tyres IPO Retail Individual Investors (RII) are offered 25,50,000 shares while in Mehai Technology IPO retail investors are offered 25,50,000 shares. Qualified Institutional Buyers (QIB) are offered in Innovative Tyres IPO and in Mehai Technology IPO.
| Innovative Tyres IPO | Mehai Technology IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 3,27,000 shares | 78,000 shares |
| QIB | ||
| NII | 25,50,000 shares | 7,11,000 shares |
| RII | 25,50,000 shares | 7,11,000 shares |
| Employee | 8,70,000 shares | |
| Others | ||
| Total | 59,70,000 shares | 14,22,000 shares |
Innovative Tyres IPO subscribed 8.03x in total, whereas Mehai Technology IPO subscribed 1.73x.
| Innovative Tyres IPO | Mehai Technology IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 4.07x | 0.86x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 14.36x | 2.60x |
| Employee (times) | 0.91x | |
| Other (times) | ||
| Total (times) | 8.03x | 1.73x |
