Comparison between Ekennis Software IPO and Quality RO Industries IPO.
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 IPO | Quality RO Industries IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Shreni Shares Ltd. | Shreni Shares Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Shreni Shares Ltd. | Shreni Shares Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
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 IPO | Quality RO Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹72.00 per share | ₹51.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 1600 shares | 2000 shares |
| Fresh Issue Size | 3,77,600 shares | 5,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹2.72 Cr | up to ₹2.55 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 3,77,600 shares | 5,00,000 shares |
| Issue Size Total (Amount) | up to ₹2.72 Cr | up to ₹2.55 Cr |
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 IPO | Quality RO Industries IPO | |
|---|---|---|
| Issue Open | Feb 21, 2022 | Jan 27, 2022 |
| Issue Close | Feb 24, 2022 | Feb 01, 2022 |
| Basis Of Allotment (Tentative) | Mar 02, 2022 | Feb 04, 2022 |
| Initiation of Refunds (Tentative) | Mar 03, 2022 | Feb 07, 2022 |
| Credit of Share (Tentative) | Mar 04, 2022 | Feb 08, 2022 |
| Listing date (Tentative) | Mar 07, 2022 | Feb 09, 2022 |
Ekennis Software IPO P/E ratio is 11.4, as compared to Quality RO Industries IPO P/E ratio of 113.
| Ekennis Software IPO | Quality RO Industries IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100% | 84% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 71.42% | 60.93% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.4 | 113 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹10.08 Cr. | ₹9.84 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 126.47 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 173.31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.11 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹189.83 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 77.48 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 IPO | Quality RO Industries IPO | |
|---|---|---|
| Market Maker Reservation | 22,400 shares | 30,000 shares |
| NII | 1,88,800 shares | 2,50,000 shares |
| RII | 1,88,800 shares | 2,50,000 shares |
| Total | 3,77,600 shares | 5,00,000 shares |
Ekennis Software IPO subscribed 28.00x in total, whereas Quality RO Industries IPO subscribed 7.26x.
| Ekennis Software IPO | Quality RO Industries IPO | |
|---|---|---|
| NII (times) | 36.99x | 4.46x |
| RII (times) | 19.00x | 10.06x |
| Total (times) | 28.00x | 7.26x |
