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Ranjeet Mechatronics IPO vs Spectrum Electrical IPO

Comparison between Ranjeet Mechatronics IPO and Spectrum Electrical IPO.

IPO Details

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 IPOSpectrum Electrical IPO
LogoRanjeet Mechatronics IPO LogoSpectrum Electrical IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersBeeline Broking Ltd.Arihant Capital Markets Ltd.
RegistrarAlankit Assignments Ltd.Bigshare Services Pvt.Ltd.
Market MakerBeeline Broking Ltd.Arihant Capital Markets Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

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 IPOSpectrum 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 Size6000 shares2000 shares
Fresh Issue Size17,04,000 shares37,80,000 shares
Fresh Issue Size (Amount)up to ₹4.26 Crup to ₹24.57 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total17,04,000 shares37,80,000 shares
Issue Size Total (Amount)up to ₹4.26 Crup to ₹24.57 Cr

IPO Timetable

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 IPOSpectrum Electrical IPO
Anchor Bid Date
Issue OpenSep 12, 2018Sep 17, 2018
Issue CloseSep 17, 2018Sep 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, 2018Oct 01, 2018
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Ranjeet Mechatronics IPO P/E ratio is , as compared to Spectrum Electrical IPO P/E ratio of .

 Ranjeet Mechatronics IPOSpectrum Electrical IPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 2,241.69 2,084.00 1,805.68 1,396.98 764.98
Total Revenue 1,803.69 1,763.73 2,528.67 2,400.03 1,090.28
Profit After Tax 91.31 50.95 16.08 4.90 3.09
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 10,763.34 2,506.00 1,491.32 490.27 89.93
Total Revenue 11,983.24 659.77 215.88 13.90 --
Profit After Tax 590.32 53.27 30.03 1.73 (5.39)
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

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 IPOSpectrum Electrical IPO
Anchor Investor Reserveration
Market Maker Reserveration96,000 shares2,00,000 shares
QIB
NII8,52,000 shares18,90,000 shares
RII8,52,000 shares18,90,000 shares
Employee
Others
Total17,04,000 shares37,80,000 shares

Bids Received (Subscription)

Ranjeet Mechatronics IPO subscribed 69.75x in total, whereas Spectrum Electrical IPO subscribed 1.27x.

 Ranjeet Mechatronics IPOSpectrum Electrical IPO
QIB (times)
NII (times)77.48x1.99x
Big NII (times)
Small NII (times)
RII (times)62.03x0.56x
Employee (times)
Other (times)
Total (times)69.75x1.27x