Ace Integrated Solutions IPO vs Jigar Cables IPO

Comparison between Ace Integrated Solutions IPO and Jigar Cables IPO.

IPO Details

Ace Integrated Solutions IPO is a SME Fixed Price IPO proposed to list at NSE SME while Jigar Cables IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Ace Integrated Solutions IPO is up to ₹6.84 Cr whereas the issue size of the Jigar Cables IPO is up to ₹5.30 Cr. The final issue price of Ace Integrated Solutions IPO is ₹40.00 per share and of Jigar Cables IPO is ₹30.00 per share.

 Ace Integrated Solutions IPOJigar Cables IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹40.00 per share₹30.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares4000 shares
Fresh Issue Size17,10,000 shares17,68,000 shares
Fresh Issue Size (Amount)up to ₹6.84 Crup to ₹5.30 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total17,10,000 shares17,68,000 shares
Issue Size Total (Amount)up to ₹6.84 Crup to ₹5.30 Cr

IPO Timetable

Ace Integrated Solutions IPO opens on Jun 29, 2017, while Jigar Cables IPO opens on Jul 18, 2017. The closing date of Ace Integrated Solutions IPO and Jigar Cables IPO is Jul 05, 2017, and Jul 20, 2017, respectively.

 Ace Integrated Solutions IPOJigar Cables IPO
Issue OpenJun 29, 2017Jul 18, 2017
Issue CloseJul 05, 2017Jul 20, 2017
Basis Of Allotment (Tentative)Jul 10, 2017Jul 25, 2017
Listing date (Tentative)Jul 13, 2017Jul 28, 2017

Financials & KPIs

Ace Integrated Solutions IPO P/E ratio is , as compared to Jigar Cables IPO P/E ratio of .

 Ace Integrated Solutions IPOJigar Cables IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Dec 201631 Mar 201631 Mar 201531 Mar 2014
Assets17.6219.749.848.36
Total Income15.3521.0615.2414.75
Profit After Tax0.791.471.061.19
NET Worth6.105.314.053.08
Reserves and Surplus1.102.814.043.07
Total Borrowing2.245.422.560.09
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets10.8410.818.11
Total Income1.2713.369.36
Profit After Tax0.000.080.01
NET Worth5.304.741.32
Reserves and Surplus0.80
Total Borrowing5.045.145.38
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%66.31%
Promoter Shareholding (Post-Issue)73.53%48.73%
Market Cap₹27.20 Cr.₹21.10 Cr.

Shares Offered

In the Ace Integrated Solutions IPO Retail Individual Investors (RII) are offered 8,55,000 shares while in Jigar Cables IPO retail investors are offered 8,55,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Ace Integrated Solutions IPO and 0 shares in Jigar Cables IPO.

 Ace Integrated Solutions IPOJigar Cables IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation90,000 shares96,000 shares
QIB0 shares0 shares
NII8,55,000 shares8,84,000 shares
RII8,55,000 shares8,84,000 shares
Employee0 shares0 shares
Total17,10,000 shares17,68,000 shares

Bids Received (Subscription)

Ace Integrated Solutions IPO subscribed 1.64x in total, whereas Jigar Cables IPO subscribed 8.99x.

 Ace Integrated Solutions IPOJigar Cables IPO
NII (times)2.30x7.24x
RII (times)0.97x10.75x
Total (times)1.64x8.99x

Compare with others

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Ace Integrated Solutions IPO Vs Jigar Cables IPO