Comparison between Athena Constructions IPO and SSPN Finance IPO.
Athena Constructions IPO is a SME Fixed Price IPO proposed to list at BSE SME while SSPN Finance IPO is a SME Fixed Price proposed to list at BSE SME.
| Athena Constructions IPO | SSPN Finance IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | First Overseas Capital Ltd. | First Overseas Capital Ltd. |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Naysaa Securities Ltd. | Choice Equity Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Athena Constructions IPO is up to ₹2.37 Cr whereas the issue size of the SSPN Finance IPO is up to ₹1.42 Cr. The final issue price of Athena Constructions IPO is ₹10.00 per share and of SSPN Finance IPO is ₹20.00 per share.
| Athena Constructions IPO | SSPN Finance IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹10.00 per share | ₹20.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 10000 shares | 6000 shares |
| Fresh Issue Size | 23,70,000 shares | 7,08,000 shares |
| Fresh Issue Size (Amount) | up to ₹2.37 Cr | up to ₹1.42 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 | 23,70,000 shares | 7,08,000 shares |
| Issue Size Total (Amount) | up to ₹2.37 Cr | up to ₹1.42 Cr |
Athena Constructions IPO opens on Mar 25, 2015, while SSPN Finance IPO opens on Mar 10, 2015. The closing date of Athena Constructions IPO and SSPN Finance IPO is Mar 30, 2015, and Mar 12, 2015, respectively.
| Athena Constructions IPO | SSPN Finance IPO | |
|---|---|---|
| Issue Open | Mar 25, 2015 | Mar 10, 2015 |
| Issue Close | Mar 30, 2015 | Mar 12, 2015 |
| Basis Of Allotment (Tentative) | Apr 11, 2015 | Mar 19, 2015 |
| Listing date (Tentative) | Apr 16, 2015 | Mar 16, 2015 |
Athena Constructions IPO P/E ratio is , as compared to SSPN Finance IPO P/E ratio of .
| Athena Constructions IPO | SSPN Finance IPO | |
|---|---|---|
| Promoter Shareholding (Pre-Issue) | 39.63% | 91.93% |
| Promoter Shareholding (Post-Issue) | 26.42% | 55.51% |
| Market Cap | ₹7.50 Cr. | ₹3.79 Cr. |
| RoNW | 39.08 |
In the Athena Constructions IPO Retail Individual Investors (RII) are offered 11,90,000 shares while in SSPN Finance IPO retail investors are offered 11,90,000 shares. Qualified Institutional Buyers (QIB) are offered in Athena Constructions IPO and 0 shares in SSPN Finance IPO.
| Athena Constructions IPO | SSPN Finance IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 1,30,000 shares | 42,000 shares |
| QIB | 0 shares | |
| NII | 11,80,000 shares | 3,54,000 shares |
| RII | 11,90,000 shares | 3,54,000 shares |
| Employee | 0 shares | |
| Total | 23,70,000 shares | 7,08,000 shares |
Athena Constructions IPO subscribed 1.47x in total, whereas SSPN Finance IPO subscribed 1.18x.
| Athena Constructions IPO | SSPN Finance IPO | |
|---|---|---|
| NII (times) | 0.79x | 1.36x |
| RII (times) | 2.14x | 1.00x |
| Total (times) | 1.47x | 1.18x |
