Comparison between Alkosign IPO and Safa Systems IPO.
Alkosign IPO is a SME Fixed Price IPO proposed to list at BSE SME while Safa Systems IPO is a SME Fixed Price proposed to list at BSE SME.
| Alkosign IPO | Safa Systems IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Shreni Shares Ltd. | Finshore Management Services Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Shreni Shares Ltd. | Nikunj Stock Brokers 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 Alkosign IPO is up to ₹11.53 Cr whereas the issue size of the Safa Systems IPO is up to ₹3.80 Cr. The final issue price of Alkosign IPO is ₹45.00 per share and of Safa Systems IPO is ₹10.00 per share.
| Alkosign IPO | Safa Systems IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹45.00 per share | ₹10.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 10000 shares |
| Fresh Issue Size | 25,62,000 shares | 38,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹11.53 Cr | up to ₹3.80 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 | 25,62,000 shares | 38,00,000 shares |
| Issue Size Total (Amount) | up to ₹11.53 Cr | up to ₹3.80 Cr |
Alkosign IPO opens on Jan 18, 2022, while Safa Systems IPO opens on Jan 28, 2022. The closing date of Alkosign IPO and Safa Systems IPO is Jan 21, 2022, and Feb 01, 2022, respectively.
| Alkosign IPO | Safa Systems IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jan 18, 2022 | Jan 28, 2022 |
| Issue Close | Jan 21, 2022 | Feb 01, 2022 |
| Basis Of Allotment (Tentative) | Jan 27, 2022 | Feb 04, 2022 |
| Initiation of Refunds (Tentative) | Jan 28, 2022 | Feb 07, 2022 |
| Credit of Share (Tentative) | Jan 28, 2022 | Feb 08, 2022 |
| Listing date (Tentative) | Feb 01, 2022 | Feb 09, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Alkosign IPO P/E ratio is , as compared to Safa Systems IPO P/E ratio of 29.41.
| Alkosign IPO | Safa Systems IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 100 | ||||
| Promoter Shareholding (Post-Issue) | 50.41 | 73.47 | ||||
| P/E Ratio | 29.41 | |||||
| Market Cap | ₹24.50 Cr. | ₹15.08 Cr. | ||||
| ROE | 197 | |||||
| ROCE | 13 | |||||
| Debt/Equity | 30.46 | |||||
| EPS | ₹10.86 | |||||
| RoNW | 98.51 | 3.48 |
In the Alkosign IPO Retail Individual Investors (RII) are offered 12,81,000 shares while in Safa Systems IPO retail investors are offered 12,81,000 shares. Qualified Institutional Buyers (QIB) are offered in Alkosign IPO and in Safa Systems IPO.
| Alkosign IPO | Safa Systems IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,38,000 shares | 2,00,000 shares |
| QIB | ||
| NII | 12,81,000 shares | 19,00,000 shares |
| RII | 12,81,000 shares | 19,00,000 shares |
| Employee | ||
| Others | ||
| Total | 25,62,000 shares | 38,00,000 shares |
Alkosign IPO subscribed 4.76x in total, whereas Safa Systems IPO subscribed 52.71x.
| Alkosign IPO | Safa Systems IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 3.14x | 64.61x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 6.39x | 40.81x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 4.76x | 52.71x |
