Innovative Ideals IPO vs Marine Electricals IPO

Comparision between Innovative Ideals IPO and Marine Electricals IPO.

IPO Details

Innovative Ideals IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Marine Electricals IPO is a SME Book Built Issue proposed to list at NSE SME.

	Innovative Ideals IPO	Marine Electricals IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Pantomath Capital Advisors Pvt Ltd	Aryaman Financial Services Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
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 Innovative Ideals IPO is up to ₹12.26 Cr whereas the issue size of the Marine Electricals IPO is up to ₹42.87 Cr. The final issue price of Innovative Ideals IPO is ₹40.00 per share and of Marine Electricals IPO is ₹66.00 per share.

	Innovative Ideals IPO	Marine Electricals IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹36.00 per share	₹64.00 per share
Issue Price (Upper)	₹40.00 per share	₹66.00 per share
Issue Price (Final)	₹40.00 per share	₹66.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	2000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	30,66,000 shares	64,96,000 shares
Issue Size Total (Amount)	up to ₹12.26 Cr	up to ₹42.87 Cr

IPO Timetable

Innovative Ideals IPO opens on Sep 24, 2018, while Marine Electricals IPO opens on Sep 28, 2018. The closing date of Innovative Ideals IPO and Marine Electricals IPO is Sep 26, 2018, and Oct 03, 2018, respectively.

	Innovative Ideals IPO	Marine Electricals IPO
Anchor Bid Date
Issue Open	Sep 24, 2018	Sep 28, 2018
Issue Close	Sep 26, 2018	Oct 03, 2018
Basis Of Allotment (Tentative)	Oct 01, 2018	Oct 08, 2018
Initiation of Refunds (Tentative)	Oct 03, 2018	Oct 09, 2018
Credit of Share (Tentative)	Oct 04, 2018	Oct 10, 2018
Listing date (Tentative)	Oct 05, 2018	Oct 11, 2018
Anchor Lockin End date 1	Oct 31, 2018	Nov 07, 2018
Anchor Lockin End date 2	Dec 30, 2018	Jan 06, 2019

Financials

Innovative Ideals IPO P/E ratio is , as compared to Marine Electricals IPO P/E ratio of .

Innovative Ideals IPO

Marine Electricals IPO

Financial

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	3,479.82	2,287.04	2081.86	2,355.01	4,774.17
Total Revenue	2,031.84	1,074.57	1,217.81	1,245.07	1,281.61
Profit After Tax	308.79	96.76	1.36	15.56	50.26

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

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Innovative Ideals IPO retail investors (RII) are offered 14,55,500 shares while in Marine Electricals IPO retail investors are offered 14,55,500 shares. Qualified institutional buyers (QIB) are offered in Innovative Ideals IPO and in Marine Electricals IPO.

	Innovative Ideals IPO	Marine Electricals IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,55,000 shares	3,36,000 shares
QIB
NII	14,55,500 shares	30,80,000 shares
RII	14,55,500 shares	30,80,000 shares
Employee
Others
Total	29,11,000 shares	61,60,000 shares

Bids Received (Subscription)

Innovative Ideals IPO subscribed 1.30x in total, whereas Marine Electricals IPO subscribed 1.23x.

	Innovative Ideals IPO	Marine Electricals IPO
QIB (times)
NII (times)	1.01x	2.04x
Big NII (times)
Small NII (times)
RII (times)	1.58x	0.43x
Employee (times)
Other (times)
Total (times)	1.30x	1.23x

Compare with others

Innovative Ideals IPO	Marine Electricals IPO
Marine Electricals IPO	Shubham Polyspin IPO
Parin Furniture IPO	Dolfin Rubbers IPO
Rajnandini Metal IPO	Vinny Overseas IPO
Mindpool Technologies IPO	Kritika Wires IPO
A1 Acid IPO	Silgo Retail IPO
Mac Hotels IPO	Parin Furniture IPO
Sky Gold IPO	Rajnandini Metal IPO
Manorama Industries IPO	Mindpool Technologies IPO
Kshitij Polyline IPO	A1 Acid IPO
Spectrum Electrical IPO	Innovative Ideals IPO

Comments

Add a public comment...