Comparison between Ranjeet Mechatronics IPO and Spectrum Electrical IPO.
Ranjeet Mechatronics IPO is a SME Fixed Price IPO proposed to list at BSE SME while Spectrum Electrical IPO is a SME Fixed Price proposed to list at NSE SME.
| Ranjeet Mechatronics IPO | Spectrum Electrical IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Beeline Broking Ltd. | Arihant Capital Markets Ltd. |
| Registrar | Alankit Assignments Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Beeline Broking Ltd. | Arihant Capital Markets Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Ranjeet Mechatronics IPO is up to ₹4.26 Cr whereas the issue size of the Spectrum Electrical IPO is up to ₹24.57 Cr. The final issue price of Ranjeet Mechatronics IPO is ₹25.00 per share and of Spectrum Electrical IPO is ₹65.00 per share.
| Ranjeet Mechatronics IPO | Spectrum Electrical IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹25.00 per share | ₹65.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 6000 shares | 2000 shares |
| Fresh Issue Size | 17,04,000 shares | 37,80,000 shares |
| Fresh Issue Size (Amount) | up to ₹4.26 Cr | up to ₹24.57 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 | 17,04,000 shares | 37,80,000 shares |
| Issue Size Total (Amount) | up to ₹4.26 Cr | up to ₹24.57 Cr |
Ranjeet Mechatronics IPO opens on Sep 12, 2018, while Spectrum Electrical IPO opens on Sep 17, 2018. The closing date of Ranjeet Mechatronics IPO and Spectrum Electrical IPO is Sep 17, 2018, and Sep 21, 2018, respectively.
| Ranjeet Mechatronics IPO | Spectrum Electrical IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 12, 2018 | Sep 17, 2018 |
| Issue Close | Sep 17, 2018 | Sep 21, 2018 |
| Basis Of Allotment (Tentative) | Sep 21, 2018 | |
| Initiation of Refunds (Tentative) | Sep 25, 2018 | |
| Credit of Share (Tentative) | Sep 25, 2018 | |
| Listing date (Tentative) | Sep 26, 2018 | Oct 01, 2018 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Ranjeet Mechatronics IPO P/E ratio is , as compared to Spectrum Electrical IPO P/E ratio of .
| Ranjeet Mechatronics IPO | Spectrum Electrical IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹16.50 Cr. | ₹98.28 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Ranjeet Mechatronics IPO Retail Individual Investors (RII) are offered 8,52,000 shares while in Spectrum Electrical IPO retail investors are offered 8,52,000 shares. Qualified Institutional Buyers (QIB) are offered in Ranjeet Mechatronics IPO and in Spectrum Electrical IPO.
| Ranjeet Mechatronics IPO | Spectrum Electrical IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 96,000 shares | 2,00,000 shares |
| QIB | ||
| NII | 8,52,000 shares | 18,90,000 shares |
| RII | 8,52,000 shares | 18,90,000 shares |
| Employee | ||
| Others | ||
| Total | 17,04,000 shares | 37,80,000 shares |
Ranjeet Mechatronics IPO subscribed 69.75x in total, whereas Spectrum Electrical IPO subscribed 1.27x.
| Ranjeet Mechatronics IPO | Spectrum Electrical IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 77.48x | 1.99x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 62.03x | 0.56x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 69.75x | 1.27x |
