Comparison between Meera Industries IPO and Sikko Industries IPO.
Meera Industries IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sikko Industries IPO is a SME Fixed Price proposed to list at NSE SME.
| Meera Industries IPO | Sikko Industries IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Oneview Corporate Advisors Pvt.Ltd. | Swastika Investmart Ltd. |
| Registrar | Kfin Technologies Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | Guiness Securities Ltd. | Beeline Broking Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Meera Industries IPO is up to ₹3.67 Cr whereas the issue size of the Sikko Industries IPO is up to ₹4.86 Cr. The final issue price of Meera Industries IPO is ₹36.00 per share and of Sikko Industries IPO is ₹32.00 per share.
| Meera Industries IPO | Sikko Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹36.00 per share | ₹32.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 3000 shares | 4000 shares |
| Fresh Issue Size | 10,20,000 shares | 15,20,000 shares |
| Fresh Issue Size (Amount) | up to ₹3.67 Cr | up to ₹4.86 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 | 10,20,000 shares | 15,20,000 shares |
| Issue Size Total (Amount) | up to ₹3.67 Cr | up to ₹4.86 Cr |
Meera Industries IPO opens on Apr 27, 2017, while Sikko Industries IPO opens on Apr 05, 2017. The closing date of Meera Industries IPO and Sikko Industries IPO is May 04, 2017, and Apr 07, 2017, respectively.
| Meera Industries IPO | Sikko Industries IPO | |
|---|---|---|
| Issue Open | Apr 27, 2017 | Apr 05, 2017 |
| Issue Close | May 04, 2017 | Apr 07, 2017 |
| Basis Of Allotment (Tentative) | Apr 12, 2017 | |
| Listing date (Tentative) | May 15, 2017 | Apr 18, 2017 |
Meera Industries IPO P/E ratio is , as compared to Sikko Industries IPO P/E ratio of .
| Meera Industries IPO | Sikko Industries IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 98.14% | 100% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 71.15% | 71.43% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹18.03 Cr. | ₹17.92 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Meera Industries IPO Retail Individual Investors (RII) are offered 5,10,000 shares while in Sikko Industries IPO retail investors are offered 5,10,000 shares. Qualified Institutional Buyers (QIB) are offered in Meera Industries IPO and in Sikko Industries IPO.
| Meera Industries IPO | Sikko Industries IPO | |
|---|---|---|
| Market Maker Reservation | 60,000 shares | 80,000 shares |
| NII | 5,10,000 shares | 7,60,000 shares |
| RII | 5,10,000 shares | 7,60,000 shares |
| Total | 10,20,000 shares | 15,20,000 shares |
Meera Industries IPO subscribed 9.27x in total, whereas Sikko Industries IPO subscribed 13.00x.
| Meera Industries IPO | Sikko Industries IPO | |
|---|---|---|
| NII (times) | 2.31x | 7.77x |
| RII (times) | 16.24x | 18.24x |
| Total (times) | 9.27x | 13.00x |
