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ADJIA Technologies IPO vs Shine Fashions IPO

Comparison between ADJIA Technologies IPO and Shine Fashions IPO.

IPO Details

ADJIA Technologies IPO is a SME Fixed Price IPO proposed to list at BSE SME while Shine Fashions IPO is a SME Fixed Price proposed to list at BSE SME.

 ADJIA Technologies IPOShine Fashions IPO
LogoADJIA Technologies IPO LogoShine Fashions IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersShreni Shares Ltd.Shreni Shares Ltd.
RegistrarKfin Technologies Ltd.Cameo Corporate Services Ltd.
Market MakerShreni Shares Ltd.Shreni Shares Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of ADJIA Technologies IPO is up to ₹1.89 Cr whereas the issue size of the Shine Fashions IPO is up to ₹1.51 Cr. The final issue price of ADJIA Technologies IPO is ₹74.00 per share and of Shine Fashions IPO is ₹40.00 per share.

 ADJIA Technologies IPOShine Fashions IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹74.00 per share₹40.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares3000 shares
Fresh Issue Size2,56,000 shares3,78,000 shares
Fresh Issue Size (Amount)up to ₹1.89 Crup to ₹1.51 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total2,56,000 shares3,78,000 shares
Issue Size Total (Amount)up to ₹1.89 Crup to ₹1.51 Cr

IPO Timetable

ADJIA Technologies IPO opens on Mar 02, 2021, while Shine Fashions IPO opens on Oct 22, 2020. The closing date of ADJIA Technologies IPO and Shine Fashions IPO is Mar 04, 2021, and Oct 26, 2020, respectively.

 ADJIA Technologies IPOShine Fashions IPO
Anchor Bid Date
Issue OpenMar 02, 2021Oct 22, 2020
Issue CloseMar 04, 2021Oct 26, 2020
Basis Of Allotment (Tentative)Mar 09, 2021
Initiation of Refunds (Tentative)Mar 10, 2021
Credit of Share (Tentative)Mar 12, 2021
Listing date (Tentative)Mar 15, 2021Nov 02, 2020
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

ADJIA Technologies IPO P/E ratio is , as compared to Shine Fashions IPO P/E ratio of .

 ADJIA Technologies IPOShine Fashions IPO
Financials
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in lakhs)
31-Dec-20 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 67.92 4.05 1.66 1.67
Total Revenue 17.27 10.45 - -
Profit After Tax 5.60 1.88 (0.06) (0.20)
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (Rs in lakhs)
31-Dec-19
Total Assets 447.27
Total Revenue 511.83
Profit After Tax 42.21
Promoter Shareholding (Pre-Issue)94.1099.98
Promoter Shareholding (Post-Issue)65.20
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the ADJIA Technologies IPO Retail Individual Investors (RII) are offered 1,28,000 shares while in Shine Fashions IPO retail investors are offered 1,28,000 shares. Qualified Institutional Buyers (QIB) are offered in ADJIA Technologies IPO and in Shine Fashions IPO.

 ADJIA Technologies IPOShine Fashions IPO
Anchor Investor Reserveration
Market Maker Reserveration14,400 shares21,000 shares
QIB
NII1,28,000 shares1,89,000 shares
RII1,28,000 shares1,89,000 shares
Employee
Others
Total2,56,000 shares3,78,000 shares

Bids Received (Subscription)

ADJIA Technologies IPO subscribed 6.03x in total, whereas Shine Fashions IPO subscribed 1.73x.

 ADJIA Technologies IPOShine Fashions IPO
QIB (times)
NII (times)0.88x1.83x
Big NII (times)
Small NII (times)
RII (times)5.15x1.63x
Employee (times)
Other (times)
Total (times)6.03x1.73x