Comparison between Meson Valves IPO and Pramara Promotions IPO.
Meson Valves IPO is a SME Fixed Price IPO proposed to list at BSE SME while Pramara Promotions IPO is a SME Fixed Price proposed to list at NSE SME.
| Meson Valves IPO | Pramara Promotions IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Shreni Shares Ltd. | Fedex Securities Pvt.Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Shreni Shares Ltd. | Pure Broking Pvt.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 Meson Valves IPO is up to ₹29.50 Cr whereas the issue size of the Pramara Promotions IPO is up to ₹14.49 Cr. The final issue price of Meson Valves IPO is ₹102.00 per share and of Pramara Promotions IPO is ₹63.00 per share.
| Meson Valves IPO | Pramara Promotions IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹102.00 per share | ₹63.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 2000 shares |
| Fresh Issue Size | 28,92,000 shares | 23,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹29.50 Cr | up to ₹14.49 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 | 28,92,000 shares | 23,00,000 shares |
| Issue Size Total (Amount) | up to ₹29.50 Cr | up to ₹14.49 Cr |
Meson Valves IPO opens on Sep 08, 2023, while Pramara Promotions IPO opens on Sep 01, 2023. The closing date of Meson Valves IPO and Pramara Promotions IPO is Sep 12, 2023, and Sep 05, 2023, respectively.
| Meson Valves IPO | Pramara Promotions IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 08, 2023 | Sep 01, 2023 |
| Issue Close | Sep 12, 2023 | Sep 05, 2023 |
| Basis Of Allotment (Tentative) | Sep 15, 2023 | Sep 08, 2023 |
| Initiation of Refunds (Tentative) | Sep 18, 2023 | Sep 11, 2023 |
| Credit of Share (Tentative) | Sep 20, 2023 | Sep 12, 2023 |
| Listing date (Tentative) | Sep 21, 2023 | Sep 13, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Meson Valves IPO P/E ratio is 15.47, as compared to Pramara Promotions IPO P/E ratio of .
| Meson Valves IPO | Pramara Promotions IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 46.91 | 95.41 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 32.83 | 69.81 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 15.47 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹103.63 Cr. | ₹56.92 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 13.87% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 15.20% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.07 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.59 | ₹3.37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 24.46% | 13.87 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Meson Valves IPO Retail Individual Investors (RII) are offered 14,46,000 shares while in Pramara Promotions IPO retail investors are offered 14,46,000 shares. Qualified Institutional Buyers (QIB) are offered in Meson Valves IPO and in Pramara Promotions IPO.
| Meson Valves IPO | Pramara Promotions IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,56,000 shares | 1,24,000 shares |
| QIB | ||
| NII | 14,46,000 shares | 11,50,000 shares |
| RII | 14,46,000 shares | 11,50,000 shares |
| Employee | ||
| Others | ||
| Total | 28,92,000 shares | 23,00,000 shares |
Meson Valves IPO subscribed 173.65x in total, whereas Pramara Promotions IPO subscribed 25.71x.
| Meson Valves IPO | Pramara Promotions IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 132.74x | 33.99x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 203.02x | 17.14x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 173.65x | 25.71x |
