Anand Rayons IPO vs Meera Industries FPO

Comparision between Anand Rayons IPO and Meera Industries FPO.

IPO Details

Anand Rayons IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Meera Industries FPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Anand Rayons IPO	Meera Industries FPO
Logo
Issue Category	SME	SME
Issue Type	IPO	FPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Guiness Corporate Advisors Pvt Ltd	Aryaman Financial Services Limited
Registrar	Bigshare Services Pvt Ltd	Kfin Technologies Limited
Market Maker
DRHP	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 Anand Rayons IPO is up to ₹12.66 Cr whereas the issue size of the Meera Industries FPO is up to ₹11.75 Cr. The final issue price of Anand Rayons IPO is ₹27.00 per share and of Meera Industries FPO is ₹225.00 per share.

	Anand Rayons IPO	Meera Industries FPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹27.00 per share	₹225.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	4000 shares	500 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	46,88,000 shares	5,22,000 shares
Issue Size Total (Amount)	up to ₹12.66 Cr	up to ₹11.75 Cr

IPO Timetable

Anand Rayons IPO opens on Jun 18, 2019, while Meera Industries FPO opens on Jun 13, 2019. The closing date of Anand Rayons IPO and Meera Industries FPO is Jun 24, 2019, and Jun 18, 2019, respectively.

	Anand Rayons IPO	Meera Industries FPO
Anchor Bid Date
Issue Open	Jun 18, 2019	Jun 13, 2019
Issue Close	Jun 24, 2019	Jun 18, 2019
Basis Of Allotment (Tentative)		Jun 21, 2019
Initiation of Refunds (Tentative)	Jun 28, 2019	Jun 24, 2019
Credit of Share (Tentative)	Jul 01, 2019	Jun 25, 2019
Listing date (Tentative)	Jul 02, 2019	Jun 26, 2019
Anchor Lockin End date 1		Jul 21, 2019
Anchor Lockin End date 2		Sep 19, 2019

Financials

Anand Rayons IPO P/E ratio is , as compared to Meera Industries FPO P/E ratio of .

Anand Rayons IPO

Meera Industries FPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Jan-19	31-Mar-18	31-Dec-17	31-Mar-16
Total Assets	6,103.46	5,942.08	5,809.05	3,796.06
Total Revenue	23,176.44	25,959.08	27,062.38	21,992.23
Profit After Tax	172.41	145.14	104.70	45.73

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Dec-19	31-Mar-18
Total Assets	2,166.42	1,468.14
Total Revenue	3,558.41	2,149.66
Profit After Tax	494.55	240.80

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Anand Rayons IPO retail investors (RII) are offered 22,24,000 shares while in Meera Industries FPO retail investors are offered 22,24,000 shares. Qualified institutional buyers (QIB) are offered in Anand Rayons IPO and in Meera Industries FPO.

	Anand Rayons IPO	Meera Industries FPO
Anchor Investor Reserveration
Market Maker Reserveration	2,40,000 shares	30,000 shares
QIB
NII	22,24,000 shares	2,46,000 shares
RII	22,24,000 shares	2,46,000 shares
Employee
Others
Total	44,48,000 shares	4,92,000 shares

Bids Received (Subscription)

Anand Rayons IPO subscribed 1.17x in total, whereas Meera Industries FPO subscribed 1.16x.

	Anand Rayons IPO	Meera Industries FPO
QIB (times)
NII (times)	1.86x	1.99x
Big NII (times)
Small NII (times)
RII (times)	0.48x	0.33x
Employee (times)
Other (times)
Total (times)	1.17x	1.16x

Compare with others

Anand Rayons IPO	Meera Industries FPO
SK International IPO	AB Infrabuild IPO
AB Infrabuild IPO	SBC Exports IPO
SBC Exports IPO	Earum IPO
Earum IPO	Parshva Enterprises IPO
Parshva Enterprises IPO	Anand Rayons IPO
Meera Industries FPO	Suich Industries IPO
Suich Industries IPO	Gensol Engineering IPO
Gensol Engineering IPO	Par Drugs IPO
Par Drugs IPO	Evans Electric IPO
Evans Electric IPO	White Organic IPO

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