Narmada Agrobase IPO vs Power Instrumentation Gujarat IPO

Comparison between Narmada Agrobase IPO and Power Instrumentation Gujarat IPO.

IPO Details

Narmada Agrobase IPO is a SME Fixed Price IPO proposed to list at NSE SME while Power Instrumentation Gujarat IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Narmada Agrobase IPO is up to ₹7.09 Cr whereas the issue size of the Power Instrumentation Gujarat IPO is up to ₹5.83 Cr. The final issue price of Narmada Agrobase IPO is ₹32.00 per share and of Power Instrumentation Gujarat IPO is ₹33.00 per share.

 Narmada Agrobase IPOPower Instrumentation Gujarat IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹32.00 per share₹33.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares4000 shares
Fresh Issue Size22,16,000 shares17,68,000 shares
Fresh Issue Size (Amount)up to ₹7.09 Crup to ₹5.83 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total22,16,000 shares17,68,000 shares
Issue Size Total (Amount)up to ₹7.09 Crup to ₹5.83 Cr

IPO Timetable

Narmada Agrobase IPO opens on Mar 28, 2018, while Power Instrumentation Gujarat IPO opens on Apr 11, 2018. The closing date of Narmada Agrobase IPO and Power Instrumentation Gujarat IPO is Apr 11, 2018, and Apr 13, 2018, respectively.

 Narmada Agrobase IPOPower Instrumentation Gujarat IPO
Issue OpenMar 28, 2018Apr 11, 2018
Issue CloseApr 11, 2018Apr 13, 2018
Basis Of Allotment (Tentative)Apr 16, 2018Apr 18, 2018
Listing date (Tentative)Apr 19, 2018Apr 23, 2018

Financials & KPIs

Narmada Agrobase IPO P/E ratio is , as compared to Power Instrumentation Gujarat IPO P/E ratio of .

 Narmada Agrobase IPOPower Instrumentation Gujarat IPO
Financials

Company Financials (Restated Standalone)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets13.9113.6710.738.96
Total Income17.4034.4530.7122.04
Profit After Tax0.210.300.190.14
NET Worth5.142.432.121.35
Reserves and Surplus2.540.610.300.11
Total Borrowing6.919.457.246.57
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 201731 Mar 201731 Mar 201631 Mar 2015
Assets52.9150.5642.6131.23
Total Income48.5660.7351.6645.47
Profit After Tax1.411.571.221.07
NET Worth13.3411.9510.479.17
Reserves and Surplus12.3610.979.498.19
Total Borrowing20.9323.6119.8313.02
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%94.63%
Promoter Shareholding (Post-Issue)68.92%69.59%
Market Cap₹24.09 Cr.₹23.24 Cr.

Shares Offered

In the Narmada Agrobase IPO Retail Individual Investors (RII) are offered 11,08,000 shares while in Power Instrumentation Gujarat IPO retail investors are offered 11,08,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Narmada Agrobase IPO and 0 shares in Power Instrumentation Gujarat IPO.

 Narmada Agrobase IPOPower Instrumentation Gujarat IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,24,000 shares96,000 shares
QIB0 shares0 shares
NII11,08,000 shares8,84,000 shares
RII11,08,000 shares8,84,000 shares
Employee0 shares0 shares
Total22,16,000 shares17,68,000 shares

Bids Received (Subscription)

Narmada Agrobase IPO subscribed 1.21x in total, whereas Power Instrumentation Gujarat IPO subscribed 10.26x.

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Narmada Agrobase IPO Vs Power Instrumentation Gujarat IPO