AccelerateBS IPO vs Synoptics Technologies IPO

Comparison between AccelerateBS IPO and Synoptics Technologies IPO.

IPO Details

AccelerateBS IPO is a SME Fixed Price IPO proposed to list at BSE SME while Synoptics Technologies IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of AccelerateBS IPO is up to ₹5.39 Cr whereas the issue size of the Synoptics Technologies IPO is up to ₹51.33 Cr. The final issue price of AccelerateBS IPO is ₹90.00 per share and of Synoptics Technologies IPO is ₹237.00 per share.

 AccelerateBS IPOSynoptics Technologies IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹90.00 per share₹237.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares600 shares
Fresh Issue Size1,55,200 shares13,66,000 shares
Fresh Issue Size (Amount)up to ₹1.40 Crup to ₹32.37 Cr
OFS Issue Size4,43,200 shares8,00,000 shares
OFS Issue Size (Amount)up to ₹3.99 Crup to ₹18.96 Cr
Issue Size Total5,98,400 shares21,66,000 shares
Issue Size Total (Amount)up to ₹5.39 Crup to ₹51.33 Cr

IPO Timetable

AccelerateBS IPO opens on Jul 06, 2023, while Synoptics Technologies IPO opens on Jun 30, 2023. The closing date of AccelerateBS IPO and Synoptics Technologies IPO is Jul 11, 2023, and Jul 05, 2023, respectively.

Financials & KPIs

AccelerateBS IPO P/E ratio is 27.27, as compared to Synoptics Technologies IPO P/E ratio of 25.32.

 AccelerateBS IPOSynoptics Technologies IPO
Financials

Company Financials (Restated)

Period Ended31 Jan 202331 Mar 202231 Mar 202131 Mar 2020
Assets2.832.011.811.25
Total Income1.653.564.524.93
Profit After Tax0.260.260.430.68
NET Worth2.051.111.020.53
Total Borrowing0.340.450.24
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Dec 202231 Mar 202231 Mar 202131 Mar 2020
Assets53.8042.8037.6033.26
Total Income34.4750.9734.8022.11
Profit After Tax5.254.322.361.82
NET Worth24.0218.7714.4412.08
Reserves and Surplus17.0211.777.445.08
Total Borrowing19.5914.1011.9512.90
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00100.00
Promoter Shareholding (Post-Issue)70.5973.11
P/E Ratio27.2725.32
Market Cap₹19.34 Cr.₹200.98 Cr.
ROE15.8021.87
ROCE19.4419.16
Debt/Equity0.160.82
EPS₹1.38₹4.65
RoNW12.7719.48

Shares Offered

In the AccelerateBS IPO Retail Individual Investors (RII) are offered 2,99,200 shares while in Synoptics Technologies IPO retail investors are offered 2,99,200 shares. Qualified Institutional Buyers (QIB) are offered in AccelerateBS IPO and in Synoptics Technologies IPO.

 AccelerateBS IPOSynoptics Technologies IPO
Anchor Investor Reservation
Market Maker Reservation33,600 shares1,14,000 shares
QIB
NII2,99,200 shares10,83,000 shares
RII2,99,200 shares10,83,000 shares
Employee
Others
Total5,98,400 shares21,66,000 shares

Bids Received (Subscription)

AccelerateBS IPO subscribed 49.19x in total, whereas Synoptics Technologies IPO subscribed 2.66x.

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AccelerateBS IPO Vs Synoptics Technologies IPO