Comparison between Ahlada Engineers IPO and Spectrum Electrical IPO.
IPO Details
Ahlada Engineers IPO is a SME Fixed Price IPO proposed to list at NSE SME while Spectrum Electrical IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Ahlada Engineers IPO is up to ₹48.51 Cr whereas the issue size of the Spectrum Electrical IPO is up to ₹24.57 Cr. The final issue price of Ahlada Engineers IPO is ₹150.00 per share and of Spectrum Electrical IPO is ₹65.00 per share.
IPO Timetable
Ahlada Engineers IPO opens on Sep 11, 2018, while Spectrum Electrical IPO opens on Sep 17, 2018. The closing date of Ahlada Engineers IPO and Spectrum Electrical IPO is Sep 18, 2018, and Sep 21, 2018, respectively.
| | Ahlada Engineers IPO | Spectrum Electrical IPO |
|---|
| Issue Open | Sep 11, 2018 | Sep 17, 2018 |
| Issue Close | Sep 18, 2018 | Sep 21, 2018 |
| Basis Of Allotment (Tentative) | Sep 24, 2018 | Sep 26, 2018 |
| Initiation of Refunds (Tentative) | Sep 25, 2018 | |
| Credit of Share (Tentative) | Sep 25, 2018 | |
| Listing date (Tentative) | Oct 27, 2018 | Oct 01, 2018 |
Financials & KPIs
Ahlada Engineers IPO P/E ratio is , as compared to Spectrum Electrical IPO P/E ratio of .
Shares Offered
In the Ahlada Engineers IPO Retail Individual Investors (RII) are offered 11,32,000 shares while in Spectrum Electrical IPO retail investors are offered 11,32,000 shares. Qualified Institutional Buyers (QIB) are offered 12,94,000 shares in Ahlada Engineers IPO and 0 shares in Spectrum Electrical IPO.
| | Ahlada Engineers IPO | Spectrum Electrical IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,71,000 shares | 2,00,000 shares |
| QIB | 12,94,000 shares | 0 shares |
| NII | 8,08,000 shares | 18,90,000 shares |
| RII | 11,32,000 shares | 18,90,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 32,34,000 shares | 37,80,000 shares |
Bids Received (Subscription)
Ahlada Engineers IPO subscribed 2.35x in total, whereas Spectrum Electrical IPO subscribed 1.27x.