Jiwanram Sheoduttrai IPO vs Meson Valves IPO

Comparison between Jiwanram Sheoduttrai IPO and Meson Valves IPO.

IPO Details

Jiwanram Sheoduttrai IPO is a SME Fixed Price IPO proposed to list at NSE SME while Meson Valves IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Jiwanram Sheoduttrai IPO is up to ₹16.22 Cr whereas the issue size of the Meson Valves IPO is up to ₹29.50 Cr. The final issue price of Jiwanram Sheoduttrai IPO is ₹23.00 per share and of Meson Valves IPO is ₹102.00 per share.

 Jiwanram Sheoduttrai IPOMeson Valves IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹23.00 per share₹102.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares1200 shares
Fresh Issue Size70,50,000 shares28,92,000 shares
Fresh Issue Size (Amount)up to ₹16.22 Crup to ₹29.50 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total70,50,000 shares28,92,000 shares
Issue Size Total (Amount)up to ₹16.22 Crup to ₹29.50 Cr

IPO Timetable

Jiwanram Sheoduttrai IPO opens on Sep 08, 2023, while Meson Valves IPO opens on Sep 08, 2023. The closing date of Jiwanram Sheoduttrai IPO and Meson Valves IPO is Sep 12, 2023, and Sep 12, 2023, respectively.

 Jiwanram Sheoduttrai IPOMeson Valves IPO
Issue OpenSep 08, 2023Sep 08, 2023
Issue CloseSep 12, 2023Sep 12, 2023
Basis Of Allotment (Tentative)Sep 15, 2023Sep 15, 2023
Initiation of Refunds (Tentative)Sep 18, 2023Sep 18, 2023
Credit of Share (Tentative)Sep 20, 2023Sep 20, 2023
Listing date (Tentative)Sep 18, 2023Sep 21, 2023

Financials & KPIs

Jiwanram Sheoduttrai IPO P/E ratio is 9.91, as compared to Meson Valves IPO P/E ratio of 15.47.

 Jiwanram Sheoduttrai IPOMeson Valves IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets121.12113.77121.04
Total Income45.9834.1532.81
Profit After Tax4.031.500.03
NET Worth48.0244.2843.07
Reserves and Surplus30.7039.3338.12
Total Borrowing52.5952.3148.84
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets45.0927.3921.06
Total Income37.1914.3215.42
Profit After Tax4.522.130.12
NET Worth18.502.680.55
Reserves and Surplus11.572.610.48
Total Borrowing11.249.249.18
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%46.91%
Promoter Shareholding (Post-Issue)70.01%32.83%
P/E Ratio9.9115.47
Market Cap₹56.92 Cr.₹103.63 Cr.
ROE8.38
ROCE7.29
Debt/Equity1.10
EPS₹2.32₹6.59
RoNW8.3824.46

Shares Offered

In the Jiwanram Sheoduttrai IPO Retail Individual Investors (RII) are offered 35,28,000 shares while in Meson Valves IPO retail investors are offered 35,28,000 shares. Qualified Institutional Buyers (QIB) are offered in Jiwanram Sheoduttrai IPO and in Meson Valves IPO.

 Jiwanram Sheoduttrai IPOMeson Valves IPO
Market Maker Reservation3,72,000 shares1,56,000 shares
NII35,22,000 shares14,46,000 shares
RII35,28,000 shares14,46,000 shares
Total70,50,000 shares28,92,000 shares

Bids Received (Subscription)

Jiwanram Sheoduttrai IPO subscribed 110.65x in total, whereas Meson Valves IPO subscribed 167.88x.

 Jiwanram Sheoduttrai IPOMeson Valves IPO
NII (times)69.75x132.74x
RII (times)151.47x203.02x
Total (times)110.65x167.88x

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Jiwanram Sheoduttrai IPO Vs Meson Valves IPO