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Meera Industries FPO vs Par Drugs IPO

Comparison between Meera Industries FPO and Par Drugs IPO.

IPO Details

Meera Industries FPO is a SME Fixed Price IPO proposed to list at BSE SME while Par Drugs IPO is a SME Fixed Price proposed to list at NSE SME.

 Meera Industries FPOPar Drugs IPO
LogoMeera Industries FPO LogoPar Drugs IPO Logo
Issue CategorySMESME
Issue TypeFPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersAryaman Financial Services Ltd.Pantomath Capital Advisors Pvt.Ltd.
RegistrarKfin Technologies Ltd.MUFG Intime India Pvt.Ltd.
Market MakerGuiness Securities Ltd.Pantomath Stock Brokers Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Meera Industries FPO is up to ₹11.07 Cr whereas the issue size of the Par Drugs IPO is up to ₹8.10 Cr. The final issue price of Meera Industries FPO is ₹225.00 per share and of Par Drugs IPO is ₹51.00 per share.

 Meera Industries FPOPar Drugs IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹225.00 per share₹51.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size500 shares2000 shares
Fresh Issue Size4,92,000 shares15,88,000 shares
Fresh Issue Size (Amount)up to ₹11.07 Crup to ₹8.10 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total4,92,000 shares15,88,000 shares
Issue Size Total (Amount)up to ₹11.07 Crup to ₹8.10 Cr

IPO Timetable

Meera Industries FPO opens on Jun 13, 2019, while Par Drugs IPO opens on May 03, 2019. The closing date of Meera Industries FPO and Par Drugs IPO is Jun 18, 2019, and May 08, 2019, respectively.

 Meera Industries FPOPar Drugs IPO
Anchor Bid Date
Issue OpenJun 13, 2019May 03, 2019
Issue CloseJun 18, 2019May 08, 2019
Basis Of Allotment (Tentative)Jun 21, 2019May 13, 2019
Initiation of Refunds (Tentative)Jun 24, 2019May 14, 2019
Credit of Share (Tentative)Jun 25, 2019May 15, 2019
Listing date (Tentative)Jun 26, 2019May 16, 2019
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Meera Industries FPO P/E ratio is , as compared to Par Drugs IPO P/E ratio of .

 Meera Industries FPOPar Drugs IPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Dec-19 31-Mar-18
Total Assets 2,166.42 1,468.14
Total Revenue 3,558.41 2,149.66
Profit After Tax 494.55 240.80
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-19 31-Mar-18 31-Mar-17 31-Mar-16
Total Assets 5,135.55 5,393.89 5,604.14 5,803.08
Total Revenue 4,641.20 4,241.65 4,880.90 3,326.43
Profit After Tax 241.88 149.53 184.78 42.18
Promoter Shareholding (Pre-Issue)99.55
Promoter Shareholding (Post-Issue)72.82
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Meera Industries FPO Retail Individual Investors (RII) are offered 2,46,000 shares while in Par Drugs IPO retail investors are offered 2,46,000 shares. Qualified Institutional Buyers (QIB) are offered in Meera Industries FPO and in Par Drugs IPO.

 Meera Industries FPOPar Drugs IPO
Anchor Investor Reserveration
Market Maker Reserveration30,000 shares84,000 shares
QIB
NII2,46,000 shares7,78,000 shares
RII2,46,000 shares7,80,000 shares
Employee30,000 shares
Others
Total4,92,000 shares15,88,000 shares

Bids Received (Subscription)

Meera Industries FPO subscribed 1.16x in total, whereas Par Drugs IPO subscribed 5.74x.

 Meera Industries FPOPar Drugs IPO
QIB (times)
NII (times)1.99x3.48x
Big NII (times)
Small NII (times)
RII (times)0.33x7.97x
Employee (times)1.00x
Other (times)
Total (times)1.16x5.74x