Comparison between Meera Industries FPO and Suich Industries IPO.
IPO Details
Meera Industries FPO is a SME Bookbuilding IPO proposed to list at BSE SME while Suich Industries IPO is a SME Bookbuilding proposed to list at BSE SME.
Issue Size and Price
The total issue size of Meera Industries FPO is up to ₹11.07 Cr whereas the issue size of the Suich Industries IPO is up to ₹29.30 Cr. The final issue price of Meera Industries FPO is ₹225.00 per share and of Suich Industries IPO is ₹75.00 per share.
IPO Timetable
Meera Industries FPO opens on Jun 13, 2019, while Suich Industries IPO opens on May 30, 2019. The closing date of Meera Industries FPO and Suich Industries IPO is Jun 18, 2019, and Jun 04, 2019, respectively.
| | Meera Industries FPO | Suich Industries IPO |
|---|
| Issue Open | Jun 13, 2019 | May 30, 2019 |
| Issue Close | Jun 18, 2019 | Jun 04, 2019 |
| Basis Of Allotment (Tentative) | Jun 21, 2019 | Jun 10, 2019 |
| Initiation of Refunds (Tentative) | Jun 24, 2019 | Jun 11, 2019 |
| Credit of Share (Tentative) | Jun 25, 2019 | Jun 12, 2019 |
| Listing date (Tentative) | Jun 26, 2019 | Jun 13, 2019 |
Financials & KPIs
Meera Industries FPO P/E ratio is , as compared to Suich Industries IPO P/E ratio of .
Shares Offered
In the Meera Industries FPO Retail Individual Investors (RII) are offered 2,46,000 shares while in Suich Industries IPO retail investors are offered 2,46,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Meera Industries FPO and in Suich Industries IPO.
| | Meera Industries FPO | Suich Industries IPO |
|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 30,000 shares | 2,08,000 shares |
| QIB | 0 shares | |
| NII | 2,46,000 shares | 19,52,000 shares |
| RII | 2,46,000 shares | 19,55,200 shares |
| Employee | 0 shares | |
| Total | 4,92,000 shares | 39,07,200 shares |
Bids Received (Subscription)
Meera Industries FPO subscribed 1.16x in total, whereas Suich Industries IPO subscribed 1.39x.