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Ekennis Software IPO vs Quality RO Industries IPO

Comparison between Ekennis Software IPO and Quality RO Industries IPO.

IPO Details

Ekennis Software IPO is a SME Fixed Price IPO proposed to list at BSE SME while Quality RO Industries IPO is a SME Fixed Price proposed to list at BSE SME.

 Ekennis Software IPOQuality RO Industries IPO
LogoEkennis Software IPO LogoQuality RO Industries IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersShreni Shares Ltd.Shreni Shares Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerShreni Shares Ltd.Shreni Shares Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Ekennis Software IPO is up to ₹2.72 Cr whereas the issue size of the Quality RO Industries IPO is up to ₹2.55 Cr. The final issue price of Ekennis Software IPO is ₹72.00 per share and of Quality RO Industries IPO is ₹51.00 per share.

 Ekennis Software IPOQuality RO Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹72.00 per share₹51.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares2000 shares
Fresh Issue Size3,77,600 shares5,00,000 shares
Fresh Issue Size (Amount)up to ₹2.72 Crup to ₹2.55 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total3,77,600 shares5,00,000 shares
Issue Size Total (Amount)up to ₹2.72 Crup to ₹2.55 Cr

IPO Timetable

Ekennis Software IPO opens on Feb 21, 2022, while Quality RO Industries IPO opens on Jan 27, 2022. The closing date of Ekennis Software IPO and Quality RO Industries IPO is Feb 24, 2022, and Feb 01, 2022, respectively.

 Ekennis Software IPOQuality RO Industries IPO
Anchor Bid Date
Issue OpenFeb 21, 2022Jan 27, 2022
Issue CloseFeb 24, 2022Feb 01, 2022
Basis Of Allotment (Tentative)Mar 02, 2022Feb 04, 2022
Initiation of Refunds (Tentative)Mar 03, 2022Feb 07, 2022
Credit of Share (Tentative)Mar 04, 2022Feb 08, 2022
Listing date (Tentative)Mar 07, 2022Feb 09, 2022
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Ekennis Software IPO P/E ratio is 11.4, as compared to Quality RO Industries IPO P/E ratio of 113.

 Ekennis Software IPOQuality RO Industries IPO
Financials
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Lakh)
  15-Jan-22 31-Mar-21 31-Mar-20
Total Assets 301.07 261.53 163.87
Total Revenue 367.18 468.67 485.78
Profit After Tax 70.20 94.92 22.60
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Millions)
  30-Nov-21
Total Assets 25.02
Total Revenue 1.67
Profit After Tax 0.14
Promoter Shareholding (Pre-Issue)10084.00
Promoter Shareholding (Post-Issue)71.4260.93
P/E Ratio11.4113
Market Cap₹10.08 Cr.₹9.84 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Ekennis Software IPO Retail Individual Investors (RII) are offered 1,88,800 shares while in Quality RO Industries IPO retail investors are offered 1,88,800 shares. Qualified Institutional Buyers (QIB) are offered in Ekennis Software IPO and in Quality RO Industries IPO.

 Ekennis Software IPOQuality RO Industries IPO
Anchor Investor Reserveration
Market Maker Reserveration22,400 shares30,000 shares
QIB
NII1,88,800 shares2,50,000 shares
RII1,88,800 shares2,50,000 shares
Employee
Others
Total3,77,600 shares5,00,000 shares

Bids Received (Subscription)

Ekennis Software IPO subscribed 28.00x in total, whereas Quality RO Industries IPO subscribed 7.26x.

 Ekennis Software IPOQuality RO Industries IPO
QIB (times)
NII (times)36.99x4.46x
Big NII (times)
Small NII (times)
RII (times)19.00x10.06x
Employee (times)
Other (times)
Total (times)28.00x7.26x