Comparison between Meera Industries FPO and Parshva Enterprises IPO.
Meera Industries FPO is a SME Fixed Price IPO proposed to list at BSE SME while Parshva Enterprises IPO is a SME Fixed Price proposed to list at BSE SME.
| Meera Industries FPO | Parshva Enterprises IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | FPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | Inventure Merchant Banker Services Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Guiness Securities Ltd. | Sernet Financial Services 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 Meera Industries FPO is up to ₹11.07 Cr whereas the issue size of the Parshva Enterprises IPO is up to ₹3.46 Cr. The final issue price of Meera Industries FPO is ₹225.00 per share and of Parshva Enterprises IPO is ₹45.00 per share.
| Meera Industries FPO | Parshva Enterprises IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹225.00 per share | ₹45.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 500 shares | 3000 shares |
| Fresh Issue Size | 4,92,000 shares | 7,68,000 shares |
| Fresh Issue Size (Amount) | up to ₹11.07 Cr | up to ₹3.46 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 | 4,92,000 shares | 7,68,000 shares |
| Issue Size Total (Amount) | up to ₹11.07 Cr | up to ₹3.46 Cr |
Meera Industries FPO opens on Jun 13, 2019, while Parshva Enterprises IPO opens on Jun 19, 2019. The closing date of Meera Industries FPO and Parshva Enterprises IPO is Jun 18, 2019, and Jun 21, 2019, respectively.
| Meera Industries FPO | Parshva Enterprises IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 13, 2019 | Jun 19, 2019 |
| Issue Close | Jun 18, 2019 | Jun 21, 2019 |
| Basis Of Allotment (Tentative) | Jun 21, 2019 | Jun 27, 2019 |
| Initiation of Refunds (Tentative) | Jun 24, 2019 | Jun 28, 2019 |
| Credit of Share (Tentative) | Jun 25, 2019 | Jun 28, 2019 |
| Listing date (Tentative) | Jun 26, 2019 | Jul 01, 2019 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Meera Industries FPO P/E ratio is , as compared to Parshva Enterprises IPO P/E ratio of .
| Meera Industries FPO | Parshva Enterprises IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | |||||
| Promoter Shareholding (Post-Issue) | 73.09 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹88.37 Cr. | ₹13.55 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Meera Industries FPO Retail Individual Investors (RII) are offered 2,46,000 shares while in Parshva Enterprises IPO retail investors are offered 2,46,000 shares. Qualified Institutional Buyers (QIB) are offered in Meera Industries FPO and in Parshva Enterprises IPO.
| Meera Industries FPO | Parshva Enterprises IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 30,000 shares | 42,000 shares |
| QIB | ||
| NII | 2,46,000 shares | 3,84,000 shares |
| RII | 2,46,000 shares | 3,84,000 shares |
| Employee | ||
| Others | ||
| Total | 4,92,000 shares | 7,68,000 shares |
Meera Industries FPO subscribed 1.16x in total, whereas Parshva Enterprises IPO subscribed 1.20x.
| Meera Industries FPO | Parshva Enterprises IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.99x | 1.65x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.33x | 0.74x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.16x | 1.20x |
