Mehai Technology IPO vs Poojawestern Metaliks IPO

Comparison between Mehai Technology IPO and Poojawestern Metaliks IPO.

IPO Details

Mehai Technology IPO is a SME Fixed Price IPO proposed to list at BSE SME while Poojawestern Metaliks IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Mehai Technology IPO is up to ₹5.69 Cr whereas the issue size of the Poojawestern Metaliks IPO is up to ₹5.18 Cr. The final issue price of Mehai Technology IPO is ₹40.00 per share and of Poojawestern Metaliks IPO is ₹36.00 per share.

 Mehai Technology IPOPoojawestern Metaliks IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹40.00 per share₹36.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares3000 shares
Fresh Issue Size14,22,000 shares14,40,000 shares
Fresh Issue Size (Amount)up to ₹5.69 Crup to ₹5.18 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total14,22,000 shares14,40,000 shares
Issue Size Total (Amount)up to ₹5.69 Crup to ₹5.18 Cr

IPO Timetable

Mehai Technology IPO opens on Sep 25, 2017, while Poojawestern Metaliks IPO opens on Sep 22, 2017. The closing date of Mehai Technology IPO and Poojawestern Metaliks IPO is Sep 28, 2017, and Sep 26, 2017, respectively.

 Mehai Technology IPOPoojawestern Metaliks IPO
Issue OpenSep 25, 2017Sep 22, 2017
Issue CloseSep 28, 2017Sep 26, 2017
Basis Of Allotment (Tentative)Oct 04, 2017Sep 30, 2017
Listing date (Tentative)Oct 09, 2017Oct 05, 2017

Financials & KPIs

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

 Mehai Technology IPOPoojawestern Metaliks IPO
Financials

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

Company Financials (Restated)

Period Ended01 May 201731 Mar 201731 Mar 201631 Mar 2015
Assets10.276.244.155.93
Total Income0.992.7114.9215.18
Profit After Tax-0.030.120.120.10
NET Worth3.685.227.616.44
Reserves and Surplus0.640.120.310.19
Total Borrowing5.632.451.603.44
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.95%100.00%
Promoter Shareholding (Post-Issue)71.95%70.01%
Market Cap₹21.42 Cr.₹18.26 Cr.

Shares Offered

In the Mehai Technology IPO Retail Individual Investors (RII) are offered 7,11,000 shares while in Poojawestern Metaliks IPO retail investors are offered 7,11,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Mehai Technology IPO and 0 shares in Poojawestern Metaliks IPO.

 Mehai Technology IPOPoojawestern Metaliks IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation78,000 shares81,000 shares
QIB0 shares0 shares
NII7,11,000 shares7,20,000 shares
RII7,11,000 shares7,20,000 shares
Employee0 shares0 shares
Total14,22,000 shares14,40,000 shares

Bids Received (Subscription)

Mehai Technology IPO subscribed 1.73x in total, whereas Poojawestern Metaliks IPO subscribed 1.90x.

 Mehai Technology IPOPoojawestern Metaliks IPO
NII (times)0.86x0.76x
RII (times)2.60x3.04x
Total (times)1.73x1.90x

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Mehai Technology IPO Vs Poojawestern Metaliks IPO