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.
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.
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 IPO | Synergy Green Industries IPO |
|---|
| Issue Open | Sep 12, 2018 | Sep 04, 2018 |
| Issue Close | Sep 17, 2018 | Sep 11, 2018 |
| Basis Of Allotment (Tentative) | Sep 21, 2018 | Sep 17, 2018 |
| Initiation of Refunds (Tentative) | Sep 25, 2018 | |
| Credit of Share (Tentative) | Sep 25, 2018 | |
| Listing date (Tentative) | Sep 26, 2018 | Sep 21, 2018 |
Financials & KPIs
Ranjeet Mechatronics IPO P/E ratio is , as compared to Synergy Green Industries IPO P/E ratio of .
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 0 shares in Ranjeet Mechatronics IPO and 0 shares in Synergy Green Industries IPO.
| | Ranjeet Mechatronics IPO | Synergy Green Industries IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 96,000 shares | 1,92,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 8,52,000 shares | 17,94,000 shares |
| RII | 8,52,000 shares | 17,94,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 17,04,000 shares | 35,88,000 shares |
Bids Received (Subscription)
Ranjeet Mechatronics IPO subscribed 69.75x in total, whereas Synergy Green Industries IPO subscribed 1.13x.
