Comparison between Manorama Industries IPO and Ranjeet Mechatronics IPO.
IPO Details
Manorama Industries IPO is a SME Fixed Price IPO proposed to list at BSE SME while Ranjeet Mechatronics IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Manorama Industries IPO is up to ₹60.79 Cr whereas the issue size of the Ranjeet Mechatronics IPO is up to ₹4.26 Cr. The final issue price of Manorama Industries IPO is ₹188.00 per share and of Ranjeet Mechatronics IPO is ₹25.00 per share.
IPO Timetable
Manorama Industries IPO opens on Sep 21, 2018, while Ranjeet Mechatronics IPO opens on Sep 12, 2018. The closing date of Manorama Industries IPO and Ranjeet Mechatronics IPO is Sep 25, 2018, and Sep 17, 2018, respectively.
| | Manorama Industries IPO | Ranjeet Mechatronics IPO |
|---|
| Issue Open | Sep 21, 2018 | Sep 12, 2018 |
| Issue Close | Sep 25, 2018 | Sep 17, 2018 |
| Basis Of Allotment (Tentative) | Oct 01, 2018 | Sep 21, 2018 |
| Initiation of Refunds (Tentative) | | Sep 25, 2018 |
| Credit of Share (Tentative) | | Sep 25, 2018 |
| Listing date (Tentative) | Oct 04, 2018 | Sep 26, 2018 |
Financials & KPIs
Manorama Industries IPO P/E ratio is , as compared to Ranjeet Mechatronics IPO P/E ratio of .
Shares Offered
In the Manorama Industries IPO Retail Individual Investors (RII) are offered 13,50,600 shares while in Ranjeet Mechatronics IPO retail investors are offered 13,50,600 shares. Qualified Institutional Buyers (QIB) are offered 5,32,200 shares in Manorama Industries IPO and 0 shares in Ranjeet Mechatronics IPO.
| | Manorama Industries IPO | Ranjeet Mechatronics IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,71,000 shares | 96,000 shares |
| QIB | 5,32,200 shares | 0 shares |
| NII | 13,50,600 shares | 8,52,000 shares |
| RII | 13,50,600 shares | 8,52,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 32,33,400 shares | 17,04,000 shares |
Bids Received (Subscription)
Manorama Industries IPO subscribed 1.08x in total, whereas Ranjeet Mechatronics IPO subscribed 69.75x.
