Comparison between CWD IPO and Promax Power IPO.
IPO Details
CWD IPO is a SME Fixed Price IPO proposed to list at BSE SME while Promax Power IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of CWD IPO is up to ₹17.11 Cr whereas the issue size of the Promax Power IPO is up to ₹1.52 Cr. The final issue price of CWD IPO is ₹180.00 per share and of Promax Power IPO is ₹10.00 per share.
| | CWD IPO | Promax Power IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹180.00 per share | ₹10.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 800 shares | 10000 shares |
| Fresh Issue Size | 8,00,400 shares | 15,20,000 shares |
| Fresh Issue Size (Amount) | up to ₹14.41 Cr | up to ₹1.52 Cr |
| OFS Issue Size | 1,50,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹2.70 Cr | up to ₹0.00 Cr |
| Issue Size Total | 9,50,400 shares | 15,20,000 shares |
| Issue Size Total (Amount) | up to ₹17.11 Cr | up to ₹1.52 Cr |
IPO Timetable
CWD IPO opens on Sep 30, 2021, while Promax Power IPO opens on Sep 30, 2021. The closing date of CWD IPO and Promax Power IPO is Oct 05, 2021, and Oct 04, 2021, respectively.
| | CWD IPO | Promax Power IPO |
|---|
| Issue Open | Sep 30, 2021 | Sep 30, 2021 |
| Issue Close | Oct 05, 2021 | Oct 04, 2021 |
| Basis Of Allotment (Tentative) | Oct 08, 2021 | Oct 07, 2021 |
| Initiation of Refunds (Tentative) | Oct 11, 2021 | Oct 08, 2021 |
| Credit of Share (Tentative) | Oct 12, 2021 | Oct 11, 2021 |
| Listing date (Tentative) | Oct 13, 2021 | Oct 12, 2021 |
Financials & KPIs
CWD IPO P/E ratio is , as compared to Promax Power IPO P/E ratio of .
Shares Offered
In the CWD IPO Retail Individual Investors (RII) are offered 4,75,200 shares while in Promax Power IPO retail investors are offered 4,75,200 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in CWD IPO and in Promax Power IPO.
| | CWD IPO | Promax Power IPO |
|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 50,400 shares | 80,000 shares |
| QIB | 0 shares | |
| NII | 4,75,200 shares | 7,60,000 shares |
| RII | 4,75,200 shares | 7,60,000 shares |
| Employee | 0 shares | |
| Total | 9,50,400 shares | 15,20,000 shares |
Bids Received (Subscription)
CWD IPO subscribed 1.31x in total, whereas Promax Power IPO subscribed 6.89x.
