Comparison between Advance Syntex IPO and Titaanium Ten Enterprise IPO.
Advance Syntex IPO is a SME Fixed Price IPO proposed to list at BSE SME while Titaanium Ten Enterprise IPO is a SME Fixed Price proposed to list at BSE SME.
| Advance Syntex IPO | Titaanium Ten Enterprise IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Hem Securities Ltd. | Pantomath Capital Advisors Pvt.Ltd. |
| Registrar | Sharex Dynamic (India) Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Hem Securities Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL |
The total issue size of Advance Syntex IPO is up to ₹2.38 Cr whereas the issue size of the Titaanium Ten Enterprise IPO is up to ₹2.58 Cr. The final issue price of Advance Syntex IPO is ₹12.00 per share and of Titaanium Ten Enterprise IPO is ₹15.00 per share.
| Advance Syntex IPO | Titaanium Ten Enterprise IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹12.00 per share | ₹15.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 10000 shares | 8000 shares |
| Fresh Issue Size | 19,80,000 shares | 17,20,000 shares |
| Fresh Issue Size (Amount) | up to ₹2.38 Cr | up to ₹2.58 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 | 19,80,000 shares | 17,20,000 shares |
| Issue Size Total (Amount) | up to ₹2.38 Cr | up to ₹2.58 Cr |
Advance Syntex IPO opens on Jun 30, 2016, while Titaanium Ten Enterprise IPO opens on Jun 30, 2016. The closing date of Advance Syntex IPO and Titaanium Ten Enterprise IPO is Jul 04, 2016, and Jul 05, 2016, respectively.
| Advance Syntex IPO | Titaanium Ten Enterprise IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 30, 2016 | Jun 30, 2016 |
| Issue Close | Jul 04, 2016 | Jul 05, 2016 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Jul 12, 2016 | Jul 14, 2016 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Advance Syntex IPO P/E ratio is , as compared to Titaanium Ten Enterprise IPO P/E ratio of .
| Advance Syntex IPO | Titaanium Ten Enterprise IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 97.81 | 100 | ||||
| Promoter Shareholding (Post-Issue) | 71.86 | 73.01 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹9.50 Cr. | ₹10.09 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 8.73 | 7.35 |
In the Advance Syntex IPO Retail Individual Investors (RII) are offered 9,90,000 shares while in Titaanium Ten Enterprise IPO retail investors are offered 9,90,000 shares. Qualified Institutional Buyers (QIB) are offered in Advance Syntex IPO and in Titaanium Ten Enterprise IPO.
| Advance Syntex IPO | Titaanium Ten Enterprise IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,20,000 shares | 96,000 shares |
| QIB | ||
| NII | 9,90,000 shares | 8,56,000 shares |
| RII | 9,90,000 shares | 8,64,000 shares |
| Employee | ||
| Others | ||
| Total | 19,80,000 shares | 17,20,000 shares |
Advance Syntex IPO subscribed 3.47x in total, whereas Titaanium Ten Enterprise IPO subscribed 1.97x.
| Advance Syntex IPO | Titaanium Ten Enterprise IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.27x | 1.98x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 5.68x | 1.96x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 3.47x | 1.97x |
