Marine Electricals IPO vs Silgo Retail IPO

Comparison between Marine Electricals IPO and Silgo Retail IPO.

IPO Details

Marine Electricals IPO is a SME Fixed Price IPO proposed to list at NSE SME while Silgo Retail IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Marine Electricals IPO is up to ₹40.66 Cr whereas the issue size of the Silgo Retail IPO is up to ₹4.62 Cr. The final issue price of Marine Electricals IPO is ₹66.00 per share and of Silgo Retail IPO is ₹36.00 per share.

 Marine Electricals IPOSilgo Retail IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹64.00 per share
Issue Price (Upper)₹66.00 per share
Issue Price (Final)₹66.00 per share₹36.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares3000 shares
Fresh Issue Size61,60,000 shares12,84,000 shares
Fresh Issue Size (Amount)up to ₹40.66 Crup to ₹4.62 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total61,60,000 shares12,84,000 shares
Issue Size Total (Amount)up to ₹40.66 Crup to ₹4.62 Cr

IPO Timetable

Marine Electricals IPO opens on Sep 28, 2018, while Silgo Retail IPO opens on Sep 27, 2018. The closing date of Marine Electricals IPO and Silgo Retail IPO is Oct 03, 2018, and Oct 03, 2018, respectively.

 Marine Electricals IPOSilgo Retail IPO
Issue OpenSep 28, 2018Sep 27, 2018
Issue CloseOct 03, 2018Oct 03, 2018
Basis Of Allotment (Tentative)Oct 08, 2018Oct 08, 2018
Initiation of Refunds (Tentative)Oct 09, 2018Oct 09, 2018
Credit of Share (Tentative)Oct 10, 2018Oct 10, 2018
Listing date (Tentative)Oct 11, 2018Oct 10, 2018

Financials & KPIs

Marine Electricals IPO P/E ratio is , as compared to Silgo Retail IPO P/E ratio of .

 Marine Electricals IPOSilgo Retail IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets354.63227.01149.10
Total Income383.46273.65251.69
Profit After Tax16.2610.809.35
NET Worth94.0574.8263.39
Reserves and Surplus76.0157.6446.21
Total Borrowing41.9034.7928.33
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets9.032.440.01
Total Income16.474.98
Profit After Tax0.950.18
NET Worth1.140.190.01
Reserves and Surplus1.130.18
Total Borrowing2.601.09
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.99%100%
Promoter Shareholding (Post-Issue)73.52%73.23%
Market Cap₹161.92 Cr.₹18.24 Cr.

Shares Offered

In the Marine Electricals IPO Retail Individual Investors (RII) are offered 30,80,000 shares while in Silgo Retail IPO retail investors are offered 30,80,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Marine Electricals IPO and 0 shares in Silgo Retail IPO.

 Marine Electricals IPOSilgo Retail IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation3,36,000 shares72,000 shares
QIB0 shares0 shares
NII30,80,000 shares6,42,000 shares
RII30,80,000 shares6,42,000 shares
Employee0 shares0 shares
Total61,60,000 shares12,84,000 shares

Bids Received (Subscription)

Marine Electricals IPO subscribed 1.23x in total, whereas Silgo Retail IPO subscribed 1.23x.

 Marine Electricals IPOSilgo Retail IPO
NII (times)2.04x1.96x
RII (times)0.43x0.50x
Total (times)1.23x1.23x

Compare with others

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Marine Electricals IPO Vs Silgo Retail IPO