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Ranjeet Mechatronics IPO vs Synergy Green Industries IPO

Comparison between Ranjeet Mechatronics IPO and Synergy Green Industries IPO.

IPO Details

Ranjeet Mechatronics IPO is a SME Fixed Price IPO proposed to list at BSE SME while Synergy Green Industries IPO is a SME Fixed Price proposed to list at BSE SME.

 Ranjeet Mechatronics IPOSynergy Green Industries IPO
LogoRanjeet Mechatronics IPO LogoSynergy Green Industries IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersBeeline Broking Ltd.Swastika Investmart Ltd.
RegistrarAlankit Assignments Ltd.MUFG Intime India Pvt.Ltd.
Market MakerBeeline Broking 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 Synergy Green Industries IPO is up to ₹25.12 Cr. The final issue price of Ranjeet Mechatronics IPO is ₹25.00 per share and of Synergy Green Industries IPO is ₹70.00 per share.

 Ranjeet Mechatronics IPOSynergy Green Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹25.00 per share₹70.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size6000 shares2000 shares
Fresh Issue Size17,04,000 shares35,88,000 shares
Fresh Issue Size (Amount)up to ₹4.26 Crup to ₹25.12 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total17,04,000 shares35,88,000 shares
Issue Size Total (Amount)up to ₹4.26 Crup to ₹25.12 Cr

IPO Timetable

Ranjeet Mechatronics IPO opens on Sep 12, 2018, while Synergy Green Industries IPO opens on Sep 04, 2018. The closing date of Ranjeet Mechatronics IPO and Synergy Green Industries IPO is Sep 17, 2018, and Sep 11, 2018, respectively.

 Ranjeet Mechatronics IPOSynergy Green Industries IPO
Anchor Bid Date
Issue OpenSep 12, 2018Sep 04, 2018
Issue CloseSep 17, 2018Sep 11, 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, 2018Sep 21, 2018
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Ranjeet Mechatronics IPO P/E ratio is , as compared to Synergy Green Industries IPO P/E ratio of .

 Ranjeet Mechatronics IPOSynergy Green Industries 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-Dec-17 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 10,726.23 9,178.72 8,253.32 6,885.80 6,514.79 5,959.28
Total Revenue 6,640.60 12,067.19 8,259.66 6,384.93 3,723.83 954.44
Profit After Tax 214.81 485.96 155.21 (685.06) (901.51) (905.28)
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 Synergy Green Industries IPO retail investors are offered 8,52,000 shares. Qualified Institutional Buyers (QIB) are offered in Ranjeet Mechatronics IPO and in Synergy Green Industries IPO.

 Ranjeet Mechatronics IPOSynergy Green Industries IPO
Anchor Investor Reserveration
Market Maker Reserveration96,000 shares1,92,000 shares
QIB
NII8,52,000 shares17,94,000 shares
RII8,52,000 shares17,94,000 shares
Employee
Others
Total17,04,000 shares35,88,000 shares

Bids Received (Subscription)

Ranjeet Mechatronics IPO subscribed 69.75x in total, whereas Synergy Green Industries IPO subscribed 1.13x.

 Ranjeet Mechatronics IPOSynergy Green Industries IPO
QIB (times)
NII (times)77.48x1.00x
Big NII (times)
Small NII (times)
RII (times)62.03x0.36x
Employee (times)
Other (times)
Total (times)69.75x1.13x