Comparison between Chaman Metallics IPO and Eastern Logica Infoway IPO.
IPO Details
Chaman Metallics IPO is a SME Fixed Price IPO proposed to list at NSE SME while Eastern Logica Infoway IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Chaman Metallics IPO is up to ₹22.98 Cr whereas the issue size of the Eastern Logica Infoway IPO is up to ₹16.07 Cr. The final issue price of Chaman Metallics IPO is ₹38.00 per share and of Eastern Logica Infoway IPO is ₹225.00 per share.
IPO Timetable
Chaman Metallics IPO opens on Jan 04, 2023, while Eastern Logica Infoway IPO opens on Jan 05, 2023. The closing date of Chaman Metallics IPO and Eastern Logica Infoway IPO is Jan 06, 2023, and Jan 09, 2023, respectively.
| | Chaman Metallics IPO | Eastern Logica Infoway IPO |
|---|
| Issue Open | Jan 04, 2023 | Jan 05, 2023 |
| Issue Close | Jan 06, 2023 | Jan 09, 2023 |
| Basis Of Allotment (Tentative) | Jan 11, 2023 | Jan 12, 2023 |
| Initiation of Refunds (Tentative) | Jan 12, 2023 | Jan 13, 2023 |
| Credit of Share (Tentative) | Jan 13, 2023 | Jan 16, 2023 |
| Listing date (Tentative) | Jan 16, 2023 | Jan 17, 2023 |
Financials & KPIs
Chaman Metallics IPO P/E ratio is 6.73, as compared to Eastern Logica Infoway IPO P/E ratio of 24.09.
Shares Offered
In the Chaman Metallics IPO Retail Individual Investors (RII) are offered 30,24,000 shares while in Eastern Logica Infoway IPO retail investors are offered 30,24,000 shares. Qualified Institutional Buyers (QIB) are offered in Chaman Metallics IPO and 0 shares in Eastern Logica Infoway IPO.
| | Chaman Metallics IPO | Eastern Logica Infoway IPO |
|---|
| Anchor Investor Reservation | | 0 shares |
| Market Maker Reservation | 3,24,000 shares | 39,000 shares |
| QIB | | 0 shares |
| NII | 30,24,000 shares | 3,57,000 shares |
| RII | 30,24,000 shares | 3,57,000 shares |
| Employee | | 0 shares |
| Total | 60,48,000 shares | 7,14,000 shares |
Bids Received (Subscription)
Chaman Metallics IPO subscribed 207.88x in total, whereas Eastern Logica Infoway IPO subscribed 1.74x.
