Comparison between Ekennis Software IPO and Richa Info Systems IPO.
Ekennis Software IPO is a SME Fixed Price IPO proposed to list at BSE SME while Richa Info Systems IPO is a SME Fixed Price proposed to list at NSE SME.
| Ekennis Software IPO | Richa Info Systems IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Shreni Shares Ltd. | Swastika Investmart Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Shreni Shares Ltd. | Sunflower Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| 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 Richa Info Systems IPO is up to ₹9.50 Cr. The final issue price of Ekennis Software IPO is ₹72.00 per share and of Richa Info Systems IPO is ₹125.00 per share.
| Ekennis Software IPO | Richa Info Systems IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹72.00 per share | ₹125.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1000 shares |
| Fresh Issue Size | 3,77,600 shares | 7,60,000 shares |
| Fresh Issue Size (Amount) | up to ₹2.72 Cr | up to ₹9.50 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 | 7,60,000 shares |
| Issue Size Total (Amount) | up to ₹2.72 Cr | up to ₹9.50 Cr |
Ekennis Software IPO opens on Feb 21, 2022, while Richa Info Systems IPO opens on Feb 09, 2022. The closing date of Ekennis Software IPO and Richa Info Systems IPO is Feb 24, 2022, and Feb 11, 2022, respectively.
| Ekennis Software IPO | Richa Info Systems IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 21, 2022 | Feb 09, 2022 |
| Issue Close | Feb 24, 2022 | Feb 11, 2022 |
| Basis Of Allotment (Tentative) | Mar 02, 2022 | Feb 16, 2022 |
| Initiation of Refunds (Tentative) | Mar 03, 2022 | Feb 17, 2022 |
| Credit of Share (Tentative) | Mar 04, 2022 | Feb 17, 2022 |
| Listing date (Tentative) | Mar 07, 2022 | Feb 21, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Ekennis Software IPO P/E ratio is 11.4, as compared to Richa Info Systems IPO P/E ratio of 41.67.
| Ekennis Software IPO | Richa Info Systems IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | |||||
| Promoter Shareholding (Post-Issue) | 71.42 | |||||
| P/E Ratio | 11.4 | 41.67 | ||||
| Market Cap | ₹10.08 Cr. | ₹30.38 Cr. | ||||
| ROE | 126.47 | |||||
| ROCE | 173.31 | |||||
| Debt/Equity | 0.11 | 3.61 | ||||
| EPS | ₹189.83 | ₹5.97 | ||||
| RoNW | 77.48 | 51.62 |
In the Ekennis Software IPO Retail Individual Investors (RII) are offered 1,88,800 shares while in Richa Info Systems IPO retail investors are offered 1,88,800 shares. Qualified Institutional Buyers (QIB) are offered in Ekennis Software IPO and in Richa Info Systems IPO.
| Ekennis Software IPO | Richa Info Systems IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 22,400 shares | 40,000 shares |
| QIB | ||
| NII | 1,88,800 shares | 3,80,000 shares |
| RII | 1,88,800 shares | 3,80,000 shares |
| Employee | ||
| Others | ||
| Total | 3,77,600 shares | 7,60,000 shares |
Ekennis Software IPO subscribed 28.00x in total, whereas Richa Info Systems IPO subscribed 5.05x.
| Ekennis Software IPO | Richa Info Systems IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 36.99x | 3.16x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 19.00x | 6.94x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 28.00x | 5.05x |
