Mehai Technology IPO vs RKEC Projects IPO

Comparison between Mehai Technology IPO and RKEC Projects IPO.

IPO Details

Mehai Technology IPO is a SME Fixed Price IPO proposed to list at BSE SME while RKEC Projects IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Mehai Technology IPO is up to ₹5.69 Cr whereas the issue size of the RKEC Projects IPO is up to ₹27.24 Cr. The final issue price of Mehai Technology IPO is ₹40.00 per share and of RKEC Projects IPO is ₹45.00 per share.

 Mehai Technology IPORKEC Projects IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹40.00 per share₹45.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares3000 shares
Fresh Issue Size14,22,000 shares43,54,000 shares
Fresh Issue Size (Amount)up to ₹5.69 Crup to ₹19.59 Cr
OFS Issue Size0 shares17,00,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹7.65 Cr
Issue Size Total14,22,000 shares60,54,000 shares
Issue Size Total (Amount)up to ₹5.69 Crup to ₹27.24 Cr

IPO Timetable

Mehai Technology IPO opens on Sep 25, 2017, while RKEC Projects IPO opens on Sep 25, 2017. The closing date of Mehai Technology IPO and RKEC Projects IPO is Sep 28, 2017, and Sep 28, 2017, respectively.

 Mehai Technology IPORKEC Projects IPO
Issue OpenSep 25, 2017Sep 25, 2017
Issue CloseSep 28, 2017Sep 28, 2017
Basis Of Allotment (Tentative)Oct 04, 2017Oct 04, 2017
Listing date (Tentative)Oct 09, 2017Oct 09, 2017

Financials & KPIs

Mehai Technology IPO P/E ratio is , as compared to RKEC Projects IPO P/E ratio of .

 Mehai Technology IPORKEC Projects IPO
Financials

Company Financials (Restated)

Period Ended30 Apr 201731 Mar 201731 Mar 201631 Mar 2015
Assets10.328.510.960.55
Total Income0.295.221.240.62
Profit After Tax0.040.310.010.01
NET Worth6.400.420.110.09
Reserves and Surplus5.170.330.030.01
Total Borrowing0.253.25
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets112.53112.4956.40
Total Income200.12113.5171.75
Profit After Tax13.133.191.96
NET Worth39.0825.6322.43
Reserves and Surplus19.7715.9712.78
Total Borrowing0.4214.989.84
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.95%99.99%
Promoter Shareholding (Post-Issue)71.95%73.41%
Market Cap₹21.42 Cr.₹107.96 Cr.

Shares Offered

In the Mehai Technology IPO Retail Individual Investors (RII) are offered 7,11,000 shares while in RKEC Projects IPO retail investors are offered 7,11,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Mehai Technology IPO and 0 shares in RKEC Projects IPO.

 Mehai Technology IPORKEC Projects IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation78,000 shares3,24,000 shares
QIB0 shares0 shares
NII7,11,000 shares30,27,000 shares
RII7,11,000 shares30,27,000 shares
Employee0 shares0 shares
Total14,22,000 shares60,54,000 shares

Bids Received (Subscription)

Mehai Technology IPO subscribed 1.73x in total, whereas RKEC Projects IPO subscribed 19.15x.

 Mehai Technology IPORKEC Projects IPO
NII (times)0.86x30.37x
RII (times)2.60x7.92x
Total (times)1.73x19.15x

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Mehai Technology IPO Vs RKEC Projects IPO