Comparison between East India Securities IPO and Hindcon Chemicals IPO.
IPO Details
East India Securities IPO is a SME Fixed Price IPO proposed to list at BSE SME while Hindcon Chemicals IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of East India Securities IPO is up to ₹88.10 Cr whereas the issue size of the Hindcon Chemicals IPO is up to ₹7.32 Cr. The final issue price of East India Securities IPO is ₹920.00 per share and of Hindcon Chemicals IPO is ₹28.00 per share.
IPO Timetable
East India Securities IPO opens on Mar 05, 2018, while Hindcon Chemicals IPO opens on Feb 26, 2018. The closing date of East India Securities IPO and Hindcon Chemicals IPO is Mar 07, 2018, and Feb 28, 2018, respectively.
Financials & KPIs
East India Securities IPO P/E ratio is , as compared to Hindcon Chemicals IPO P/E ratio of .
Shares Offered
In the East India Securities IPO Retail Individual Investors (RII) are offered 4,78,880 shares while in Hindcon Chemicals IPO retail investors are offered 4,78,880 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in East India Securities IPO and 0 shares in Hindcon Chemicals IPO.
| | East India Securities IPO | Hindcon Chemicals IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 50,400 shares | 1,44,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 4,78,720 shares | 13,08,000 shares |
| RII | 4,78,880 shares | 13,08,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 9,57,600 shares | 26,16,000 shares |
Bids Received (Subscription)
East India Securities IPO subscribed 1.69x in total, whereas Hindcon Chemicals IPO subscribed 137.63x.
