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.
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.
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 IPO | Sigma Solve IPO |
|---|
| Issue Open | Sep 15, 2020 | Sep 29, 2020 |
| Issue Close | Sep 18, 2020 | Oct 09, 2020 |
| Basis Of Allotment (Tentative) | Sep 25, 2020 | Oct 14, 2020 |
| Initiation of Refunds (Tentative) | Sep 28, 2020 | Oct 15, 2020 |
| Credit of Share (Tentative) | Sep 29, 2020 | Oct 15, 2020 |
| Listing date (Tentative) | Sep 28, 2020 | Oct 19, 2020 |
Financials & KPIs
Advait Infratech IPO P/E ratio is , as compared to Sigma Solve IPO P/E ratio of .
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 IPO | Sigma Solve IPO |
|---|
| Market Maker Reservation | 68,000 shares | 57,000 shares |
| NII | 6,41,000 shares | 5,22,000 shares |
| RII | 6,41,000 shares | 5,22,000 shares |
| Total | 12,82,000 shares | 10,44,000 shares |
Bids Received (Subscription)
Advait Infratech IPO subscribed 2.02x in total, whereas Sigma Solve IPO subscribed 1.59x.