Ace Integrated Solutions IPO vs Pushpanjali Realms IPO

Comparison between Ace Integrated Solutions IPO and Pushpanjali Realms IPO.

IPO Details

Ace Integrated Solutions IPO is a SME Fixed Price IPO proposed to list at NSE SME while Pushpanjali Realms IPO is a SME Fixed Price proposed to list at NSE 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 Pushpanjali Realms IPO is up to ₹13.82 Cr. The final issue price of Ace Integrated Solutions IPO is ₹40.00 per share and of Pushpanjali Realms IPO is ₹55.00 per share.

 Ace Integrated Solutions IPOPushpanjali Realms IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹40.00 per share₹55.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares2000 shares
Fresh Issue Size17,10,000 shares25,12,000 shares
Fresh Issue Size (Amount)up to ₹6.84 Crup to ₹13.82 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total17,10,000 shares25,12,000 shares
Issue Size Total (Amount)up to ₹6.84 Crup to ₹13.82 Cr

IPO Timetable

Ace Integrated Solutions IPO opens on Jun 29, 2017, while Pushpanjali Realms IPO opens on Jun 27, 2017. The closing date of Ace Integrated Solutions IPO and Pushpanjali Realms IPO is Jul 05, 2017, and Jun 30, 2017, respectively.

 Ace Integrated Solutions IPOPushpanjali Realms IPO
Issue OpenJun 29, 2017Jun 27, 2017
Issue CloseJul 05, 2017Jun 30, 2017
Basis Of Allotment (Tentative)Jul 10, 2017Jul 05, 2017
Listing date (Tentative)Jul 13, 2017Jul 10, 2017

Financials & KPIs

Ace Integrated Solutions IPO P/E ratio is , as compared to Pushpanjali Realms IPO P/E ratio of .

 Ace Integrated Solutions IPOPushpanjali Realms 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 Standalone)

Period Ended31 Dec 201631 Mar 201631 Mar 201531 Mar 2014
Assets66.7147.4022.218.41
Total Income18.4822.1513.461.18
Profit After Tax1.181.390.430.02
NET Worth7.526.340.450.03
Reserves and Surplus2.611.430.440.02
Total Borrowing14.9018.6414.896.64
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%78.57%
Promoter Shareholding (Post-Issue)73.53%57.81%
Market Cap₹27.20 Cr.₹55.06 Cr.

Shares Offered

In the Ace Integrated Solutions IPO Retail Individual Investors (RII) are offered 8,55,000 shares while in Pushpanjali Realms 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 Pushpanjali Realms IPO.

 Ace Integrated Solutions IPOPushpanjali Realms IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation90,000 shares1,34,000 shares
QIB0 shares0 shares
NII8,55,000 shares12,56,000 shares
RII8,55,000 shares12,56,000 shares
Employee0 shares0 shares
Total17,10,000 shares25,12,000 shares

Bids Received (Subscription)

Ace Integrated Solutions IPO subscribed 1.64x in total, whereas Pushpanjali Realms IPO subscribed 1.14x.

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