Comparison between Chatha Foods IPO and Enser Communications IPO.
IPO Details
Chatha Foods IPO is a SME Fixed Price IPO proposed to list at BSE SME while Enser Communications IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Chatha Foods IPO is up to ₹31.71 Cr whereas the issue size of the Enser Communications IPO is up to ₹15.34 Cr. The final issue price of Chatha Foods IPO is ₹56.00 per share and of Enser Communications IPO is ₹70.00 per share.
IPO Timetable
Chatha Foods IPO opens on Mar 19, 2024, while Enser Communications IPO opens on Mar 15, 2024. The closing date of Chatha Foods IPO and Enser Communications IPO is Mar 21, 2024, and Mar 19, 2024, respectively.
| | Chatha Foods IPO | Enser Communications IPO |
|---|
| Anchor Bid Date | Mar 18, 2024 | |
| Issue Open | Mar 19, 2024 | Mar 15, 2024 |
| Issue Close | Mar 21, 2024 | Mar 19, 2024 |
| Basis Of Allotment (Tentative) | Mar 26, 2024 | Mar 20, 2024 |
| Initiation of Refunds (Tentative) | Mar 27, 2024 | Mar 21, 2024 |
| Credit of Share (Tentative) | Mar 27, 2024 | Mar 21, 2024 |
| Listing date (Tentative) | Mar 27, 2024 | Mar 22, 2024 |
| Anchor Lockin End date 1 | Apr 25, 2024 | |
| Anchor Lockin End date 2 | Jun 24, 2024 | |
Financials & KPIs
Chatha Foods IPO P/E ratio is 37.76, as compared to Enser Communications IPO P/E ratio of 28.02.
Shares Offered
In the Chatha Foods IPO Retail Individual Investors (RII) are offered 19,82,000 shares while in Enser Communications IPO retail investors are offered 19,82,000 shares. Qualified Institutional Buyers (QIB) are offered 11,32,000 shares in Chatha Foods IPO and in Enser Communications IPO.
| | Chatha Foods IPO | Enser Communications IPO |
|---|
| Anchor Investor Reservation | 16,98,000 shares | |
| Market Maker Reservation | 3,00,000 shares | 1,18,000 shares |
| QIB | 11,32,000 shares | |
| NII | 8,50,000 shares | 10,96,000 shares |
| RII | 19,82,000 shares | 10,96,000 shares |
| Total | 56,62,000 shares | 21,92,000 shares |
Bids Received (Subscription)
Chatha Foods IPO subscribed 13.50x in total, whereas Enser Communications IPO subscribed 7.28x.