Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Advait Infratech IPO vs Sigma Solve IPO

Comparison between Advait Infratech IPO and Sigma Solve IPO.

IPO Details

Advait Infratech IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sigma Solve IPO is a SME Fixed Price proposed to list at NSE SME.

 Advait Infratech IPOSigma Solve IPO
LogoAdvait Infratech IPO LogoSigma Solve IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersISK Advisors Pvt.Ltd.Beeline Broking Ltd.
RegistrarKfin Technologies Ltd.MUFG Intime India Pvt.Ltd.
Market MakerNNM Securities Pvt.Ltd.Nikunj Stock Brokers Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Advait Infratech IPO is up to ₹6.54 Cr whereas the issue size of the Sigma Solve IPO is up to ₹4.70 Cr. The final issue price of Advait Infratech IPO is ₹51.00 per share and of Sigma Solve IPO is ₹45.00 per share.

 Advait Infratech IPOSigma Solve IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹51.00 per share₹45.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares3000 shares
Fresh Issue Size12,82,000 shares10,44,000 shares
Fresh Issue Size (Amount)up to ₹6.54 Crup to ₹4.70 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total12,82,000 shares10,44,000 shares
Issue Size Total (Amount)up to ₹6.54 Crup to ₹4.70 Cr

IPO Timetable

Advait Infratech IPO opens on Sep 15, 2020, while Sigma Solve IPO opens on Sep 29, 2020. The closing date of Advait Infratech IPO and Sigma Solve IPO is Sep 18, 2020, and Oct 09, 2020, respectively.

 Advait Infratech IPOSigma Solve IPO
Anchor Bid Date
Issue OpenSep 15, 2020Sep 29, 2020
Issue CloseSep 18, 2020Oct 09, 2020
Basis Of Allotment (Tentative)Sep 25, 2020Oct 14, 2020
Initiation of Refunds (Tentative)Sep 28, 2020Oct 15, 2020
Credit of Share (Tentative)Sep 29, 2020Oct 15, 2020
Listing date (Tentative)Sep 28, 2020Oct 19, 2020
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Advait Infratech IPO P/E ratio is , as compared to Sigma Solve IPO P/E ratio of .

 Advait Infratech IPOSigma Solve IPO
Financials
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (Rs in lakhs)
31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 5,155.62 4,436.72 3,315.84
Total Revenue 4581.26 2,852.38 4,531.70
Profit After Tax 54.04 249.02 620.59
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (Rs in Lacs)
31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 498.25 226.25 112.17
Total Revenue 568.83 348.79 257.47
Profit After Tax 65.02 34.57 23.36
Promoter Shareholding (Pre-Issue)99.99100
Promoter Shareholding (Post-Issue)73.5173.24
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Advait Infratech IPO Retail Individual Investors (RII) are offered 6,41,000 shares while in Sigma Solve IPO retail investors are offered 6,41,000 shares. Qualified Institutional Buyers (QIB) are offered in Advait Infratech IPO and in Sigma Solve IPO.

 Advait Infratech IPOSigma Solve IPO
Anchor Investor Reserveration
Market Maker Reserveration68,000 shares57,000 shares
QIB
NII6,41,000 shares5,22,000 shares
RII6,41,000 shares5,22,000 shares
Employee
Others
Total12,82,000 shares10,44,000 shares

Bids Received (Subscription)

Advait Infratech IPO subscribed 1.92x in total, whereas Sigma Solve IPO subscribed 1.59x.

 Advait Infratech IPOSigma Solve IPO
QIB (times)
NII (times)1.53x1.09x
Big NII (times)
Small NII (times)
RII (times)2.32x2.09x
Employee (times)
Other (times)
Total (times)1.92x1.59x