Comparison between Advait Infratech IPO and Suratwwala Business Group IPO.
Advait Infratech IPO is a SME Fixed Price IPO proposed to list at BSE SME while Suratwwala Business Group IPO is a SME Fixed Price proposed to list at BSE SME.
| Advait Infratech IPO | Suratwwala Business Group IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | ISK Advisors Pvt.Ltd. | Hem Securities Ltd. |
| Registrar | Kfin Technologies Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | NNM Securities Pvt.Ltd. | Hem Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Advait Infratech IPO is up to ₹6.54 Cr whereas the issue size of the Suratwwala Business Group IPO is up to ₹6.54 Cr. The final issue price of Advait Infratech IPO is ₹51.00 per share and of Suratwwala Business Group IPO is ₹15.00 per share.
| Advait Infratech IPO | Suratwwala Business Group IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹51.00 per share | ₹15.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 8000 shares |
| Fresh Issue Size | 12,82,000 shares | 43,60,000 shares |
| Fresh Issue Size (Amount) | up to ₹6.54 Cr | up to ₹6.54 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 12,82,000 shares | 43,60,000 shares |
| Issue Size Total (Amount) | up to ₹6.54 Cr | up to ₹6.54 Cr |
Advait Infratech IPO opens on Sep 15, 2020, while Suratwwala Business Group IPO opens on Aug 03, 2020. The closing date of Advait Infratech IPO and Suratwwala Business Group IPO is Sep 18, 2020, and Aug 05, 2020, respectively.
| Advait Infratech IPO | Suratwwala Business Group IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 15, 2020 | Aug 03, 2020 |
| Issue Close | Sep 18, 2020 | Aug 05, 2020 |
| Basis Of Allotment (Tentative) | Sep 25, 2020 | Aug 10, 2020 |
| Initiation of Refunds (Tentative) | Sep 28, 2020 | Aug 11, 2020 |
| Credit of Share (Tentative) | Sep 29, 2020 | Aug 12, 2020 |
| Listing date (Tentative) | Sep 28, 2020 | Aug 13, 2020 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Advait Infratech IPO P/E ratio is , as compared to Suratwwala Business Group IPO P/E ratio of 83.
| Advait Infratech IPO | Suratwwala Business Group IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 99.92 | ||||
| Promoter Shareholding (Post-Issue) | 73.51 | 73.42 | ||||
| P/E Ratio | 83 | |||||
| Market Cap | ₹26.01 Cr. | ₹26.01 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Advait Infratech IPO Retail Individual Investors (RII) are offered 6,41,000 shares while in Suratwwala Business Group IPO retail investors are offered 6,41,000 shares. Qualified Institutional Buyers (QIB) are offered in Advait Infratech IPO and in Suratwwala Business Group IPO.
| Advait Infratech IPO | Suratwwala Business Group IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 68,000 shares | 2,40,000 shares |
| QIB | ||
| NII | 6,41,000 shares | 21,76,000 shares |
| RII | 6,41,000 shares | 21,84,000 shares |
| Employee | ||
| Others | ||
| Total | 12,82,000 shares | 43,60,000 shares |
Advait Infratech IPO subscribed 2.02x in total, whereas Suratwwala Business Group IPO subscribed 1.31x.
| Advait Infratech IPO | Suratwwala Business Group IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.61x | 2.35x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.44x | 0.28x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.02x | 1.31x |
