Comparison between Advait Infratech IPO and Suratwwala Business Group IPO.
IPO Details
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.
Issue Size and Price
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.
IPO Timetable
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 |
|---|
| 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 |
Financials & KPIs
Advait Infratech IPO P/E ratio is , as compared to Suratwwala Business Group IPO P/E ratio of 83.
Shares Offered
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 |
|---|
| Market Maker Reservation | 68,000 shares | 2,40,000 shares |
| NII | 6,41,000 shares | 21,76,000 shares |
| RII | 6,41,000 shares | 21,84,000 shares |
| Total | 12,82,000 shares | 43,60,000 shares |
Bids Received (Subscription)
Advait Infratech IPO subscribed 2.02x in total, whereas Suratwwala Business Group IPO subscribed 1.31x.
