Comparison between Atmastco IPO and Trust Fintech IPO.
IPO Details
Atmastco IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Trust Fintech IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of Atmastco IPO is up to ₹53.43 Cr whereas the issue size of the Trust Fintech IPO is up to ₹60.24 Cr. The final issue price of Atmastco IPO is ₹77.00 per share and of Trust Fintech IPO is ₹101.00 per share.
| | Atmastco IPO | Trust Fintech IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | | ₹95.00 per share |
| Issue Price (Upper) | | ₹101.00 per share |
| Issue Price (Final) | ₹77.00 per share | ₹101.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | | |
| Market Lot Size | 1600 shares | 1200 shares |
| Fresh Issue Size | 51,13,600 shares | 59,64,000 shares |
| Fresh Issue Size (Amount) | up to ₹39.37 Cr | up to ₹60.24 Cr |
| OFS Issue Size | 18,25,600 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹14.06 Cr | up to ₹0.00 Cr |
| Issue Size Total | 69,39,200 shares | 59,64,000 shares |
| Issue Size Total (Amount) | up to ₹53.43 Cr | up to ₹60.24 Cr |
IPO Timetable
Atmastco IPO opens on Feb 15, 2024, while Trust Fintech IPO opens on Mar 26, 2024. The closing date of Atmastco IPO and Trust Fintech IPO is Feb 20, 2024, and Mar 28, 2024, respectively.
| | Atmastco IPO | Trust Fintech IPO |
|---|
| Anchor Bid Date | | Mar 22, 2024 |
| Issue Open | Feb 15, 2024 | Mar 26, 2024 |
| Issue Close | Feb 20, 2024 | Mar 28, 2024 |
| Basis Of Allotment (Tentative) | Feb 21, 2024 | Apr 02, 2024 |
| Initiation of Refunds (Tentative) | Feb 22, 2024 | Apr 03, 2024 |
| Credit of Share (Tentative) | Feb 22, 2024 | Apr 03, 2024 |
| Listing date (Tentative) | Feb 23, 2024 | Apr 04, 2024 |
| Anchor Lockin End date 1 | | May 02, 2024 |
| Anchor Lockin End date 2 | | Jul 01, 2024 |
Financials & KPIs
Atmastco IPO P/E ratio is 11.6, as compared to Trust Fintech IPO P/E ratio of 44.05.
Shares Offered
In the Atmastco IPO Retail Individual Investors (RII) are offered 34,69,600 shares while in Trust Fintech IPO retail investors are offered 34,69,600 shares. Qualified Institutional Buyers (QIB) are offered in Atmastco IPO and 11,92,800 shares in Trust Fintech IPO.
| | Atmastco IPO | Trust Fintech IPO |
|---|
| Anchor Investor Reservation | | 17,88,000 shares |
| Market Maker Reservation | 3,66,400 shares | 3,18,000 shares |
| QIB | | 11,92,800 shares |
| NII | 34,69,600 shares | 8,95,200 shares |
| RII | 34,69,600 shares | 20,88,000 shares |
| Employee | | |
| Others | | |
| Total | 69,39,200 shares | 59,64,000 shares |
Bids Received (Subscription)
Atmastco IPO subscribed 17.61x in total, whereas Trust Fintech IPO subscribed 108.63x.
