Comparison between Adishakti Loha IPO and Suyog Gurbaxani Funicular IPO.
IPO Details
Adishakti Loha IPO is a SME Fixed Price IPO proposed to list at BSE SME while Suyog Gurbaxani Funicular IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Adishakti Loha IPO is up to ₹1.89 Cr whereas the issue size of the Suyog Gurbaxani Funicular IPO is up to ₹28.00 Cr. The final issue price of Adishakti Loha IPO is ₹11.00 per share and of Suyog Gurbaxani Funicular IPO is ₹45.00 per share.
| | Adishakti Loha IPO | Suyog Gurbaxani Funicular IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹11.00 per share | ₹45.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 10000 shares | 3000 shares |
| Fresh Issue Size | 17,20,000 shares | 11,67,000 shares |
| Fresh Issue Size (Amount) | up to ₹1.89 Cr | up to ₹5.25 Cr |
| OFS Issue Size | 0 shares | 50,55,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹22.75 Cr |
| Issue Size Total | 17,20,000 shares | 62,22,000 shares |
| Issue Size Total (Amount) | up to ₹1.89 Cr | up to ₹28.00 Cr |
IPO Timetable
Adishakti Loha IPO opens on Sep 30, 2021, while Suyog Gurbaxani Funicular IPO opens on Nov 01, 2021. The closing date of Adishakti Loha IPO and Suyog Gurbaxani Funicular IPO is Oct 05, 2021, and Nov 08, 2021, respectively.
| | Adishakti Loha IPO | Suyog Gurbaxani Funicular IPO |
|---|
| Issue Open | Sep 30, 2021 | Nov 01, 2021 |
| Issue Close | Oct 05, 2021 | Nov 08, 2021 |
| Basis Of Allotment (Tentative) | Oct 08, 2021 | Nov 11, 2021 |
| Initiation of Refunds (Tentative) | | Nov 12, 2021 |
| Credit of Share (Tentative) | | Nov 15, 2021 |
| Listing date (Tentative) | Oct 13, 2021 | Nov 16, 2021 |
Financials & KPIs
Adishakti Loha IPO P/E ratio is , as compared to Suyog Gurbaxani Funicular IPO P/E ratio of .
Shares Offered
In the Adishakti Loha IPO Retail Individual Investors (RII) are offered 8,60,000 shares while in Suyog Gurbaxani Funicular IPO retail investors are offered 8,60,000 shares. Qualified Institutional Buyers (QIB) are offered in Adishakti Loha IPO and 0 shares in Suyog Gurbaxani Funicular IPO.
| | Adishakti Loha IPO | Suyog Gurbaxani Funicular IPO |
|---|
| Anchor Investor Reservation | | 0 shares |
| Market Maker Reservation | 1,00,000 shares | 3,33,000 shares |
| QIB | | 0 shares |
| NII | 8,60,000 shares | 31,11,000 shares |
| RII | 8,60,000 shares | 31,11,000 shares |
| Employee | | 0 shares |
| Total | 17,20,000 shares | 62,22,000 shares |
Bids Received (Subscription)
Adishakti Loha IPO subscribed 1.84x in total, whereas Suyog Gurbaxani Funicular IPO subscribed 1.27x.
