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Mehai Technology IPO vs Share India Securities IPO

Comparison between Mehai Technology IPO and Share India Securities IPO.

IPO Details

Mehai Technology IPO is a SME Fixed Price IPO proposed to list at BSE SME while Share India Securities IPO is a SME Fixed Price proposed to list at BSE SME.

 Mehai Technology IPOShare India Securities IPO
LogoMehai Technology IPO LogoShare India Securities IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersSPA Capital Advisors Ltd.Hem Securities Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerGuiness Securities Ltd.Hem Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Mehai Technology IPO is up to ₹5.69 Cr whereas the issue size of the Share India Securities IPO is up to ₹25.04 Cr. The final issue price of Mehai Technology IPO is ₹40.00 per share and of Share India Securities IPO is ₹41.00 per share.

 Mehai Technology IPOShare India Securities IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹40.00 per share₹41.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares3000 shares
Fresh Issue Size14,22,000 shares56,08,000 shares
Fresh Issue Size (Amount)up to ₹5.69 Crup to ₹22.99 Cr
OFS Issue Size0 shares5,00,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹2.05 Cr
Issue Size Total14,22,000 shares61,08,000 shares
Issue Size Total (Amount)up to ₹5.69 Crup to ₹25.04 Cr

IPO Timetable

Mehai Technology IPO opens on Sep 25, 2017, while Share India Securities IPO opens on Sep 21, 2017. The closing date of Mehai Technology IPO and Share India Securities IPO is Sep 28, 2017, and Sep 26, 2017, respectively.

 Mehai Technology IPOShare India Securities IPO
Issue OpenSep 25, 2017Sep 21, 2017
Issue CloseSep 28, 2017Sep 26, 2017
Basis Of Allotment (Tentative)Oct 04, 2017Sep 29, 2017
Listing date (Tentative)Oct 09, 2017Oct 05, 2017

Financials & KPIs

Mehai Technology IPO P/E ratio is , as compared to Share India Securities IPO P/E ratio of .

 Mehai Technology IPOShare India Securities 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
Assets103.8581.5158.46
Total Income110.1473.9933.37
Profit After Tax8.146.283.35
NET Worth33.0424.9017.39
Reserves and Surplus28.4220.2813.15
Total Borrowing30.5220.7018.88
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.95%98.72%
Promoter Shareholding (Post-Issue)71.95%72.70%
Market Cap₹21.42 Cr.₹100.14 Cr.

Shares Offered

In the Mehai Technology IPO Retail Individual Investors (RII) are offered 7,11,000 shares while in Share India Securities 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 Share India Securities IPO.

 Mehai Technology IPOShare India Securities IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation78,000 shares3,24,000 shares
QIB0 shares0 shares
NII7,11,000 shares30,54,000 shares
RII7,11,000 shares30,54,000 shares
Employee0 shares0 shares
Total14,22,000 shares61,08,000 shares

Bids Received (Subscription)

Mehai Technology IPO subscribed 1.73x in total, whereas Share India Securities IPO subscribed 4.03x.

 Mehai Technology IPOShare India Securities IPO
NII (times)0.86x4.10x
RII (times)2.60x3.95x
Total (times)1.73x4.03x

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Compare:

Mehai Technology IPO Vs Share India Securities IPO