Marine Electricals IPO vs Vinny Overseas IPO

Comparision between Marine Electricals IPO and Vinny Overseas IPO.

IPO Details

Marine Electricals IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Vinny Overseas IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Marine Electricals IPO	Vinny Overseas IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Aryaman Financial Services Limited	Pantomath Capital Advisors Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker
DRHP		DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Marine Electricals IPO is up to ₹42.87 Cr whereas the issue size of the Vinny Overseas IPO is up to ₹10.38 Cr. The final issue price of Marine Electricals IPO is ₹66.00 per share and of Vinny Overseas IPO is ₹40.00 per share.

	Marine Electricals IPO	Vinny Overseas IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹64.00 per share
Issue Price (Upper)	₹66.00 per share
Issue Price (Final)	₹66.00 per share	₹40.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	3000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	64,96,000 shares	25,96,000 shares
Issue Size Total (Amount)	up to ₹42.87 Cr	up to ₹10.38 Cr

IPO Timetable

Marine Electricals IPO opens on Sep 28, 2018, while Vinny Overseas IPO opens on Sep 28, 2018. The closing date of Marine Electricals IPO and Vinny Overseas IPO is Oct 03, 2018, and Oct 03, 2018, respectively.

	Marine Electricals IPO	Vinny Overseas IPO
Anchor Bid Date
Issue Open	Sep 28, 2018	Sep 28, 2018
Issue Close	Oct 03, 2018	Oct 03, 2018
Basis Of Allotment (Tentative)	Oct 08, 2018
Initiation of Refunds (Tentative)	Oct 09, 2018
Credit of Share (Tentative)	Oct 10, 2018
Listing date (Tentative)	Oct 11, 2018
Anchor Lockin End date 1	Nov 07, 2018
Anchor Lockin End date 2	Jan 06, 2019

Financials

Marine Electricals IPO P/E ratio is , as compared to Vinny Overseas IPO P/E ratio of .

Marine Electricals IPO

Vinny Overseas IPO

Financial

Summary of financial Information (Restated Consolidated)
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	35.462.81	22,701.42	14,909.88	14,329.18	12,083.67
Total Revenue	38,345.64	22,365.03	25,169.27	23,839.14	21,485.60
Profit After Tax	1,625.95	1,079.92	935.10	850.34	1,421.17

Summary of financial Information (Restated Standalone)
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	27,701.56	15,733.60	12,379.84	11,955.87	10,518.67
Total Revenue	28,907.08	21,184.40	19,527.44	19,230.42	16,217.76
Profit After Tax	1,172.41	861.14	792.60	552.54	683.68

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	6,420.39	4,904.91	4,434.41	4,040.35	3,963.63
Total Revenue	13,054.15	9,833.520	9,830.42	8,735.22	8,059.09
Profit After Tax	307.56	170.38	111.44	97.77	67.51

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Marine Electricals IPO retail investors (RII) are offered 30,80,000 shares while in Vinny Overseas IPO retail investors are offered 30,80,000 shares. Qualified institutional buyers (QIB) are offered in Marine Electricals IPO and in Vinny Overseas IPO.

	Marine Electricals IPO	Vinny Overseas IPO
Anchor Investor Reserveration
Market Maker Reserveration	3,36,000 shares	1,32,000 shares
QIB
NII	30,80,000 shares	12,32,000 shares
RII	30,80,000 shares	12,32,000 shares
Employee
Others
Total	61,60,000 shares	24,64,000 shares

Bids Received (Subscription)

Marine Electricals IPO subscribed 1.23x in total, whereas Vinny Overseas IPO subscribed 1.61x.

	Marine Electricals IPO	Vinny Overseas IPO
QIB (times)
NII (times)	2.04x	1.97x
Big NII (times)
Small NII (times)
RII (times)	0.43x	1.24x
Employee (times)
Other (times)
Total (times)	1.23x	1.61x

Compare with others

Marine Electricals IPO	Vinny Overseas IPO
Shubham Polyspin IPO	Veeram Infra Engineering IPO
Dolfin Rubbers IPO	B&B Triplewall IPO
Vinny Overseas IPO	Sun Retail IPO
Kritika Wires IPO	Shubham Polyspin IPO
Silgo Retail IPO	Dolfin Rubbers IPO
Parin Furniture IPO	Kritika Wires IPO
Rajnandini Metal IPO	Silgo Retail IPO
Mindpool Technologies IPO	Marine Electricals IPO
A1 Acid IPO	Parin Furniture IPO
Innovative Ideals IPO	Rajnandini Metal IPO

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