Comparison between ABS Marine IPO and Slone Infosystems IPO.
ABS Marine IPO is a SME Fixed Price IPO proposed to list at NSE SME while Slone Infosystems IPO is a SME Fixed Price proposed to list at NSE SME.
| ABS Marine IPO | Slone Infosystems IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | GYR Capital Advisors Pvt.Ltd. | Jawa Capital Services Pvt.Ltd. |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | Aftertrade Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of ABS Marine IPO is up to ₹90.26 Cr whereas the issue size of the Slone Infosystems IPO is up to ₹10.50 Cr. The final issue price of ABS Marine IPO is ₹147.00 per share and of Slone Infosystems IPO is ₹79.00 per share.
| ABS Marine IPO | Slone Infosystems IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹140.00 per share | |
| Issue Price (Upper) | ₹147.00 per share | |
| Issue Price (Final) | ₹147.00 per share | ₹79.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 1600 shares |
| Fresh Issue Size | 61,40,000 shares | 13,29,600 shares |
| Fresh Issue Size (Amount) | up to ₹90.26 Cr | up to ₹10.50 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 61,40,000 shares | 13,29,600 shares |
| Issue Size Total (Amount) | up to ₹90.26 Cr | up to ₹10.50 Cr |
ABS Marine IPO opens on May 10, 2024, while Slone Infosystems IPO opens on May 03, 2024. The closing date of ABS Marine IPO and Slone Infosystems IPO is May 15, 2024, and May 07, 2024, respectively.
| ABS Marine IPO | Slone Infosystems IPO | |
|---|---|---|
| Anchor Bid Date | May 09, 2024 | |
| Issue Open | May 10, 2024 | May 03, 2024 |
| Issue Close | May 15, 2024 | May 07, 2024 |
| Basis Of Allotment (Tentative) | May 16, 2024 | May 08, 2024 |
| Initiation of Refunds (Tentative) | May 17, 2024 | May 09, 2024 |
| Credit of Share (Tentative) | May 17, 2024 | May 09, 2024 |
| Listing date (Tentative) | May 21, 2024 | May 10, 2024 |
| Anchor Lockin End date 1 | Jun 15, 2024 | |
| Anchor Lockin End date 2 | Aug 14, 2024 |
ABS Marine IPO P/E ratio is 11.23, as compared to Slone Infosystems IPO P/E ratio of 40.94.
| ABS Marine IPO | Slone Infosystems IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 86.50 | 99.43 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 63.42 | 73.01 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.23 | 40.94 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹360.88 Cr. | ₹41.63 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 74% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 18.67% | 34.44% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.39 | 0.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹13.09 | ₹1.93 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 20.10% | 23.98% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the ABS Marine IPO Retail Individual Investors (RII) are offered 21,49,000 shares while in Slone Infosystems IPO retail investors are offered 21,49,000 shares. Qualified Institutional Buyers (QIB) are offered 12,28,000 shares in ABS Marine IPO and in Slone Infosystems IPO.
| ABS Marine IPO | Slone Infosystems IPO | |
|---|---|---|
| Anchor Investor Reservation | 18,41,000 shares | |
| Market Maker Reservation | 4,10,000 shares | 70,400 shares |
| QIB | 12,28,000 shares | |
| NII | 9,22,000 shares | 6,64,000 shares |
| RII | 21,49,000 shares | 6,65,600 shares |
| Employee | ||
| Others | ||
| Total | 61,40,000 shares | 13,29,600 shares |
ABS Marine IPO subscribed 144.44x in total, whereas Slone Infosystems IPO subscribed 667.81x.
| ABS Marine IPO | Slone Infosystems IPO | |
|---|---|---|
| QIB (times) | 109.30x | |
| NII (times) | 270.94x | 756.88x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 110.24x | 540.80x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 144.44x | 667.81x |
