Advance Syntex IPO vs Kwality Pharmaceuticals IPO

Comparison between Advance Syntex IPO and Kwality Pharmaceuticals IPO.

IPO Details

Advance Syntex IPO is a SME Fixed Price IPO proposed to list at BSE SME while Kwality Pharmaceuticals IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Advance Syntex IPO is up to ₹2.38 Cr whereas the issue size of the Kwality Pharmaceuticals IPO is up to ₹5.89 Cr. The final issue price of Advance Syntex IPO is ₹12.00 per share and of Kwality Pharmaceuticals IPO is ₹45.00 per share.

 Advance Syntex IPOKwality Pharmaceuticals IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹12.00 per share₹45.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size10000 shares3000 shares
Fresh Issue Size19,80,000 shares1,08,000 shares
Fresh Issue Size (Amount)up to ₹2.38 Crup to ₹0.49 Cr
OFS Issue Size0 shares12,00,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹5.40 Cr
Issue Size Total19,80,000 shares13,08,000 shares
Issue Size Total (Amount)up to ₹2.38 Crup to ₹5.89 Cr

IPO Timetable

Advance Syntex IPO opens on Jun 30, 2016, while Kwality Pharmaceuticals IPO opens on Jun 30, 2016. The closing date of Advance Syntex IPO and Kwality Pharmaceuticals IPO is Jul 04, 2016, and Jul 08, 2016, respectively.

 Advance Syntex IPOKwality Pharmaceuticals IPO
Issue OpenJun 30, 2016Jun 30, 2016
Issue CloseJul 04, 2016Jul 08, 2016
Basis Of Allotment (Tentative)Jul 07, 2016Jul 13, 2016
Listing date (Tentative)Jul 12, 2016Jul 18, 2016

Financials & KPIs

Advance Syntex IPO P/E ratio is , as compared to Kwality Pharmaceuticals IPO P/E ratio of .

Shares Offered

In the Advance Syntex IPO Retail Individual Investors (RII) are offered 9,90,000 shares while in Kwality Pharmaceuticals IPO retail investors are offered 9,90,000 shares. Qualified Institutional Buyers (QIB) are offered in Advance Syntex IPO and in Kwality Pharmaceuticals IPO.

 Advance Syntex IPOKwality Pharmaceuticals IPO
Market Maker Reservation1,20,000 shares72,000 shares
NII9,90,000 shares6,54,000 shares
RII9,90,000 shares6,54,000 shares
Total19,80,000 shares13,08,000 shares

Bids Received (Subscription)

Advance Syntex IPO subscribed 3.47x in total, whereas Kwality Pharmaceuticals IPO subscribed 1.37x.

 Advance Syntex IPOKwality Pharmaceuticals IPO
NII (times)1.27x1.94x
RII (times)5.68x0.80x
Total (times)3.47x1.37x

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Advance Syntex IPO Vs Kwality Pharmaceuticals IPO