Marshall Machines IPO vs Ranjeet Mechatronics IPO

Comparison between Marshall Machines IPO and Ranjeet Mechatronics IPO.

IPO Details

Marshall Machines IPO is a SME Fixed Price IPO proposed to list at NSE 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 Marshall Machines IPO is up to ₹15.42 Cr whereas the issue size of the Ranjeet Mechatronics IPO is up to ₹4.26 Cr. The final issue price of Marshall Machines IPO is ₹42.00 per share and of Ranjeet Mechatronics IPO is ₹25.00 per share.

 Marshall Machines IPORanjeet Mechatronics IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹42.00 per share₹25.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares6000 shares
Fresh Issue Size36,72,000 shares17,04,000 shares
Fresh Issue Size (Amount)up to ₹15.42 Crup to ₹4.26 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total36,72,000 shares17,04,000 shares
Issue Size Total (Amount)up to ₹15.42 Crup to ₹4.26 Cr

IPO Timetable

Marshall Machines IPO opens on Aug 28, 2018, while Ranjeet Mechatronics IPO opens on Sep 12, 2018. The closing date of Marshall Machines IPO and Ranjeet Mechatronics IPO is Aug 30, 2018, and Sep 17, 2018, respectively.

 Marshall Machines IPORanjeet Mechatronics IPO
Issue OpenAug 28, 2018Sep 12, 2018
Issue CloseAug 30, 2018Sep 17, 2018
Basis Of Allotment (Tentative)Sep 05, 2018Sep 21, 2018
Initiation of Refunds (Tentative)Sep 25, 2018
Credit of Share (Tentative)Sep 25, 2018
Listing date (Tentative)Sep 07, 2018Sep 26, 2018

Financials & KPIs

Marshall Machines IPO P/E ratio is , as compared to Ranjeet Mechatronics IPO P/E ratio of .

 Marshall Machines IPORanjeet Mechatronics IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets79.6465.0459.36
Total Income59.4250.5443.91
Profit After Tax5.001.100.42
NET Worth11.548.727.59
Reserves and Surplus15.738.056.94
Total Borrowing23.6321.0923.70
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets22.4220.8418.06
Total Income18.0417.6425.29
Profit After Tax0.910.510.16
NET Worth2.591.671.16
Reserves and Surplus2.041.120.61
Total Borrowing12.1610.097.71
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.98%85.22%
Promoter Shareholding (Post-Issue)73.40%61.98%
Market Cap₹61.11 Cr.₹16.50 Cr.

Shares Offered

In the Marshall Machines IPO Retail Individual Investors (RII) are offered 18,36,000 shares while in Ranjeet Mechatronics IPO retail investors are offered 18,36,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Marshall Machines IPO and 0 shares in Ranjeet Mechatronics IPO.

 Marshall Machines IPORanjeet Mechatronics IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,98,000 shares96,000 shares
QIB0 shares0 shares
NII18,36,000 shares8,52,000 shares
RII18,36,000 shares8,52,000 shares
Employee0 shares0 shares
Total36,72,000 shares17,04,000 shares

Bids Received (Subscription)

Marshall Machines IPO subscribed 2.06x in total, whereas Ranjeet Mechatronics IPO subscribed 69.75x.

 Marshall Machines IPORanjeet Mechatronics IPO
NII (times)2.92x77.48x
RII (times)1.20x62.03x
Total (times)2.06x69.75x

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Marshall Machines IPO Vs Ranjeet Mechatronics IPO