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Accord Synergy IPO vs Riddhi Corporate IPO

Comparison between Accord Synergy IPO and Riddhi Corporate IPO.

IPO Details

Accord Synergy IPO is a SME Fixed Price IPO proposed to list at NSE SME while Riddhi Corporate IPO is a SME Fixed Price proposed to list at BSE SME.

 Accord Synergy IPORiddhi Corporate IPO
LogoAccord Synergy IPO LogoRiddhi Corporate IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersHem Securities Ltd.Gretex Corporate Services Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Purva Sharegistry (India) Pvt.Ltd.
Market MakerHem Finlease Pvt.Ltd.Beeline Broking Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Accord Synergy IPO is up to ₹5.26 Cr whereas the issue size of the Riddhi Corporate IPO is up to ₹11.70 Cr. The final issue price of Accord Synergy IPO is ₹60.00 per share and of Riddhi Corporate IPO is ₹130.00 per share.

 Accord Synergy IPORiddhi Corporate IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹60.00 per share₹130.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1000 shares
Fresh Issue Size8,76,000 shares9,00,000 shares
Fresh Issue Size (Amount)up to ₹5.26 Crup to ₹11.70 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total8,76,000 shares9,00,000 shares
Issue Size Total (Amount)up to ₹5.26 Crup to ₹11.70 Cr

IPO Timetable

Accord Synergy IPO opens on Jun 22, 2017, while Riddhi Corporate IPO opens on Jun 12, 2017. The closing date of Accord Synergy IPO and Riddhi Corporate IPO is Jun 28, 2017, and Jun 15, 2017, respectively.

 Accord Synergy IPORiddhi Corporate IPO
Anchor Bid Date
Issue OpenJun 22, 2017Jun 12, 2017
Issue CloseJun 28, 2017Jun 15, 2017
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)Jul 06, 2017Jun 22, 2017
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Accord Synergy IPO P/E ratio is , as compared to Riddhi Corporate IPO P/E ratio of 16.

 Accord Synergy IPORiddhi Corporate IPO
Financials
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio16
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Accord Synergy IPO Retail Individual Investors (RII) are offered 4,38,000 shares while in Riddhi Corporate IPO retail investors are offered 4,38,000 shares. Qualified Institutional Buyers (QIB) are offered in Accord Synergy IPO and in Riddhi Corporate IPO.

 Accord Synergy IPORiddhi Corporate IPO
Anchor Investor Reserveration
Market Maker Reserveration96,000 shares50,000 shares
QIB
NII4,38,000 shares4,50,000 shares
RII4,38,000 shares4,50,000 shares
Employee
Others
Total8,76,000 shares9,00,000 shares

Bids Received (Subscription)

Accord Synergy IPO subscribed in total, whereas Riddhi Corporate IPO subscribed .

 Accord Synergy IPORiddhi Corporate IPO
QIB (times)
NII (times)
Big NII (times)
Small NII (times)
RII (times)
Employee (times)
Other (times)
Total (times)