Marine Electricals IPO vs Parin Furniture IPO

Comparision between Marine Electricals IPO and Parin Furniture IPO.

IPO Details

Marine Electricals IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Parin Furniture IPO is a SME Book Built Issue proposed to list at NSE SME.

	Marine Electricals IPO	Parin Furniture IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Aryaman Financial Services Limited	Hem Securities 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 Marine Electricals IPO is up to ₹42.87 Cr whereas the issue size of the Parin Furniture IPO is up to ₹18.90 Cr. The final issue price of Marine Electricals IPO is ₹66.00 per share and of Parin Furniture IPO is ₹63.00 per share.

	Marine Electricals IPO	Parin Furniture IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹64.00 per share	₹60.00 per share
Issue Price (Upper)	₹66.00 per share	₹63.00 per share
Issue Price (Final)	₹66.00 per share	₹63.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	2000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	64,96,000 shares	30,00,000 shares
Issue Size Total (Amount)	up to ₹42.87 Cr	up to ₹18.90 Cr

IPO Timetable

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

	Marine Electricals IPO	Parin Furniture IPO
Anchor Bid Date
Issue Open	Sep 28, 2018	Sep 26, 2018
Issue Close	Oct 03, 2018	Sep 28, 2018
Basis Of Allotment (Tentative)	Oct 08, 2018	Oct 04, 2018
Initiation of Refunds (Tentative)	Oct 09, 2018	Oct 05, 2018
Credit of Share (Tentative)	Oct 10, 2018	Oct 05, 2018
Listing date (Tentative)	Oct 11, 2018	Oct 09, 2018
Anchor Lockin End date 1	Nov 07, 2018	Nov 03, 2018
Anchor Lockin End date 2	Jan 06, 2019	Jan 02, 2019

Financials

Marine Electricals IPO P/E ratio is , as compared to Parin Furniture IPO P/E ratio of .

Marine Electricals IPO

Parin Furniture 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 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	4,663.61	4,334.86	3,963.39	1,948.67	1,673.60
Total Revenue	6,459.34	5,994.04	6,178.46	2,875.78	3,002.76
Profit After Tax	261.78	135.54	101.57	27.53	60.82

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18
Total Assets	5,744.18
Total Revenue	6,532.36
Profit After Tax	416.62

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 Parin Furniture IPO retail investors are offered 30,80,000 shares. Qualified institutional buyers (QIB) are offered in Marine Electricals IPO and in Parin Furniture IPO.

	Marine Electricals IPO	Parin Furniture IPO
Anchor Investor Reserveration
Market Maker Reserveration	3,36,000 shares	1,60,000 shares
QIB
NII	30,80,000 shares	14,20,000 shares
RII	30,80,000 shares	14,20,000 shares
Employee
Others
Total	61,60,000 shares	28,40,000 shares

Bids Received (Subscription)

Marine Electricals IPO subscribed 1.23x in total, whereas Parin Furniture IPO subscribed 2.45x.

	Marine Electricals IPO	Parin Furniture IPO
QIB (times)
NII (times)	2.04x	2.08x
Big NII (times)
Small NII (times)
RII (times)	0.43x	2.62x
Employee (times)
Other (times)
Total (times)	1.23x	2.45x

Compare with others

Marine Electricals IPO	Parin Furniture IPO
Shubham Polyspin IPO	Dolfin Rubbers IPO
Dolfin Rubbers IPO	Vinny Overseas IPO
Vinny Overseas IPO	Kritika Wires IPO
Kritika Wires IPO	Silgo Retail IPO
Silgo Retail IPO	Marine Electricals IPO
Parin Furniture IPO	Rajnandini Metal IPO
Rajnandini Metal IPO	Mindpool Technologies IPO
Mindpool Technologies IPO	A1 Acid IPO
A1 Acid IPO	Innovative Ideals IPO
Innovative Ideals IPO	Mac Hotels IPO

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