ProStocks Logo
Unlimited Trades ₹899 Monthly
www.ProStocks.com
Contact us

Accord Synergy IPO vs Shri Ram Switchgears IPO

Comparison between Accord Synergy IPO and Shri Ram Switchgears IPO.

IPO Details

Accord Synergy IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shri Ram Switchgears IPO is a SME Fixed Price proposed to list at NSE SME.

 Accord Synergy IPOShri Ram Switchgears IPO
LogoAccord Synergy IPO LogoShri Ram Switchgears IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersHem Securities Ltd.Sarthi Capital Advisors Pvt.Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerHem Finlease Pvt.Ltd.Choice Equity Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
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 Shri Ram Switchgears IPO is up to ₹4.81 Cr. The final issue price of Accord Synergy IPO is ₹60.00 per share and of Shri Ram Switchgears IPO is ₹19.00 per share.

 Accord Synergy IPOShri Ram Switchgears IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹60.00 per share₹19.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares6000 shares
Fresh Issue Size8,76,000 shares25,32,000 shares
Fresh Issue Size (Amount)up to ₹5.26 Crup to ₹4.81 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total8,76,000 shares25,32,000 shares
Issue Size Total (Amount)up to ₹5.26 Crup to ₹4.81 Cr

IPO Timetable

Accord Synergy IPO opens on Jun 22, 2017, while Shri Ram Switchgears IPO opens on May 25, 2017. The closing date of Accord Synergy IPO and Shri Ram Switchgears IPO is Jun 28, 2017, and May 30, 2017, respectively.

 Accord Synergy IPOShri Ram Switchgears IPO
Issue OpenJun 22, 2017May 25, 2017
Issue CloseJun 28, 2017May 30, 2017
Basis Of Allotment (Tentative)Jul 03, 2017Jun 02, 2017
Listing date (Tentative)Jul 06, 2017Jun 07, 2017

Financials & KPIs

Accord Synergy IPO P/E ratio is , as compared to Shri Ram Switchgears IPO P/E ratio of .

 Accord Synergy IPOShri Ram Switchgears IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 201631 Mar 201631 Mar 2015
Assets20.9421.7810.18
Total Income49.0563.048.71
Profit After Tax2.232.600.32
NET Worth5.152.930.33
Reserves and Surplus5.142.920.32
Total Borrowing7.4911.215.95
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended28 Feb 201731 Mar 201631 Mar 201531 Mar 2014
Assets82.5371.0262.2951.87
Total Income55.3648.2354.3739.21
Profit After Tax1.770.851.210.42
NET Worth10.829.058.185.29
Reserves and Surplus3.484.163.301.96
Total Borrowing38.8831.6818.8719.11
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.98%82.93%
Promoter Shareholding (Post-Issue)71.99%60.81%
Market Cap₹20.83 Cr.₹19.02 Cr.

Shares Offered

In the Accord Synergy IPO Retail Individual Investors (RII) are offered 4,38,000 shares while in Shri Ram Switchgears IPO retail investors are offered 4,38,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Accord Synergy IPO and in Shri Ram Switchgears IPO.

 Accord Synergy IPOShri Ram Switchgears IPO
Anchor Investor Reservation0 shares
Market Maker Reservation96,000 shares1,38,000 shares
QIB0 shares
NII4,38,000 shares12,66,000 shares
RII4,38,000 shares12,66,000 shares
Employee0 shares
Total8,76,000 shares25,32,000 shares

Bids Received (Subscription)

Accord Synergy IPO subscribed 157.24x in total, whereas Shri Ram Switchgears IPO subscribed 72.49x.

 Accord Synergy IPOShri Ram Switchgears IPO
NII (times)110.11x56.72x
RII (times)204.37x88.27x
Total (times)157.24x72.49x

Compare with others

Accord Synergy IPOShri Ram Switchgears IPO
Ace Integrated Solutions IPOGautam Exim IPO
G G Engineering IPOPushpanjali Realms IPO
Bansal Multiflex IPOAccord Synergy IPO
Gautam Exim IPORiddhi Corporate IPO
Pushpanjali Realms IPOGlobe Textiles IPO
Riddhi Corporate IPOVadivarhe Speciality Chemicals IPO
Globe Textiles IPOJalan Transolutions IPO
Shri Ram Switchgears IPOYug Decor IPO
Vadivarhe Speciality Chemicals IPOBhakti Gems IPO
Jalan Transolutions IPOCKP Products IPO

Compare:

Accord Synergy IPO Vs Shri Ram Switchgears IPO