Comparison between Meson Valves IPO and Pramara Promotions IPO.
IPO Details
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.
Issue Size and Price
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.
IPO Timetable
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 |
|---|
| 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 |
Financials & KPIs
Meson Valves IPO P/E ratio is 15.47, as compared to Pramara Promotions IPO P/E ratio of .
Shares Offered
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 |
|---|
| Market Maker Reservation | 1,56,000 shares | 1,24,000 shares |
| NII | 14,46,000 shares | 11,50,000 shares |
| RII | 14,46,000 shares | 11,50,000 shares |
| Total | 28,92,000 shares | 23,00,000 shares |
Bids Received (Subscription)
Meson Valves IPO subscribed 167.88x in total, whereas Pramara Promotions IPO subscribed 25.56x.
