Comparison between Alkosign IPO and Safa Systems IPO.
IPO Details
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.
Issue Size and Price
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.
IPO Timetable
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 |
|---|
| 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 |
Financials & KPIs
Alkosign IPO P/E ratio is , as compared to Safa Systems IPO P/E ratio of 29.41.
Shares Offered
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 |
|---|
| Market Maker Reservation | 1,38,000 shares | 2,00,000 shares |
| NII | 12,81,000 shares | 19,00,000 shares |
| RII | 12,81,000 shares | 19,00,000 shares |
| Total | 25,62,000 shares | 38,00,000 shares |
Bids Received (Subscription)
Alkosign IPO subscribed 4.76x in total, whereas Safa Systems IPO subscribed 52.71x.
