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Ace Integrated Solutions IPO vs Shrenik IPO

Comparison between Ace Integrated Solutions IPO and Shrenik IPO.

IPO Details

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

 Ace Integrated Solutions IPOShrenik IPO
LogoAce Integrated Solutions IPO LogoShrenik IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersD&A Financial Services Pvt.Ltd.Pantomath Capital Advisors Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerChoice Equity Broking Pvt.Ltd.Pantomath Stock Brokers 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 Ace Integrated Solutions IPO is up to ₹6.84 Cr whereas the issue size of the Shrenik IPO is up to ₹20.45 Cr. The final issue price of Ace Integrated Solutions IPO is ₹40.00 per share and of Shrenik IPO is ₹40.00 per share.

 Ace Integrated Solutions IPOShrenik IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹40.00 per share₹40.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares3000 shares
Fresh Issue Size17,10,000 shares51,12,000 shares
Fresh Issue Size (Amount)up to ₹6.84 Crup to ₹20.45 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total17,10,000 shares51,12,000 shares
Issue Size Total (Amount)up to ₹6.84 Crup to ₹20.45 Cr

IPO Timetable

Ace Integrated Solutions IPO opens on Jun 29, 2017, while Shrenik IPO opens on Jul 06, 2017. The closing date of Ace Integrated Solutions IPO and Shrenik IPO is Jul 05, 2017, and Jul 10, 2017, respectively.

 Ace Integrated Solutions IPOShrenik IPO
Issue OpenJun 29, 2017Jul 06, 2017
Issue CloseJul 05, 2017Jul 10, 2017
Basis Of Allotment (Tentative)Jul 10, 2017Jul 13, 2017
Listing date (Tentative)Jul 13, 2017Jul 18, 2017

Financials & KPIs

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

 Ace Integrated Solutions IPOShrenik 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
Assets144.64113.4180.24
Total Income428.09329.47265.86
Profit After Tax4.192.941.03
NET Worth27.8223.638.09
Reserves and Surplus12.828.632.09
Total Borrowing87.4561.3359.48
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)73.53%73.52%
Market Cap₹27.20 Cr.₹81.60 Cr.

Shares Offered

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

 Ace Integrated Solutions IPOShrenik IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation90,000 shares2,88,000 shares
QIB0 shares0 shares
NII8,55,000 shares25,56,000 shares
RII8,55,000 shares25,56,000 shares
Employee0 shares0 shares
Total17,10,000 shares51,12,000 shares

Bids Received (Subscription)

Ace Integrated Solutions IPO subscribed 1.64x in total, whereas Shrenik IPO subscribed 3.13x.

 Ace Integrated Solutions IPOShrenik IPO
NII (times)2.30x2.69x
RII (times)0.97x3.56x
Total (times)1.64x3.13x

Compare with others

Ace Integrated Solutions IPOShrenik IPO
Jigar Cables IPOKeerti Knowledge IPO
Univastu India IPOShanti Overseas IPO
7NR Retail IPOJigar Cables IPO
Shrenik IPOUnivastu India IPO
Transwind Infrastructures IPO7NR Retail IPO
G G Engineering IPOTranswind Infrastructures IPO
Bansal Multiflex IPOAce Integrated Solutions IPO
Gautam Exim IPOG G Engineering IPO
Pushpanjali Realms IPOBansal Multiflex IPO
Accord Synergy IPOGautam Exim IPO

Compare:

Ace Integrated Solutions IPO Vs Shrenik IPO