Comparison between Arihant Institute IPO and Palm Jewels IPO.
IPO Details
Arihant Institute IPO is a SME Fixed Price IPO proposed to list at BSE SME while Palm Jewels IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Arihant Institute IPO is up to ₹7.10 Cr whereas the issue size of the Palm Jewels IPO is up to ₹8.45 Cr. The final issue price of Arihant Institute IPO is ₹30.00 per share and of Palm Jewels IPO is ₹30.00 per share.
IPO Timetable
Arihant Institute IPO opens on May 23, 2018, while Palm Jewels IPO opens on May 25, 2018. The closing date of Arihant Institute IPO and Palm Jewels IPO is May 28, 2018, and Jun 04, 2018, respectively.
| | Arihant Institute IPO | Palm Jewels IPO |
|---|
| Issue Open | May 23, 2018 | May 25, 2018 |
| Issue Close | May 28, 2018 | Jun 04, 2018 |
| Basis Of Allotment (Tentative) | May 31, 2018 | Jun 06, 2018 |
| Initiation of Refunds (Tentative) | | Jun 07, 2018 |
| Credit of Share (Tentative) | | Jun 07, 2018 |
| Listing date (Tentative) | Jun 05, 2018 | Jun 12, 2018 |
Financials & KPIs
Arihant Institute IPO P/E ratio is , as compared to Palm Jewels IPO P/E ratio of .
Shares Offered
In the Arihant Institute IPO Retail Individual Investors (RII) are offered 11,84,000 shares while in Palm Jewels IPO retail investors are offered 11,84,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Arihant Institute IPO and 0 shares in Palm Jewels IPO.
| | Arihant Institute IPO | Palm Jewels IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,32,000 shares | 1,52,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 11,84,000 shares | 14,08,000 shares |
| RII | 11,84,000 shares | 14,08,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 23,68,000 shares | 28,16,000 shares |
Bids Received (Subscription)
Arihant Institute IPO subscribed 2.20x in total, whereas Palm Jewels IPO subscribed 1.16x.
