Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Ekennis Software IPO vs SP Refractories IPO

Comparison between Ekennis Software IPO and SP Refractories IPO.

IPO Details

Ekennis Software IPO is a SME Fixed Price IPO proposed to list at BSE SME while SP Refractories IPO is a SME Fixed Price proposed to list at NSE SME.

 Ekennis Software IPOSP Refractories IPO
LogoEkennis Software IPO LogoSP Refractories IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersShreni Shares Ltd.Aryaman Financial Services Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerShreni Shares Ltd.Aryaman Capital Markets 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 SP Refractories IPO is up to ₹4.67 Cr. The final issue price of Ekennis Software IPO is ₹72.00 per share and of SP Refractories IPO is ₹90.00 per share.

 Ekennis Software IPOSP Refractories IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹72.00 per share₹90.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1600 shares
Fresh Issue Size3,77,600 shares2,68,800 shares
Fresh Issue Size (Amount)up to ₹2.72 Crup to ₹2.42 Cr
OFS Issue Size0 shares2,49,600 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹2.25 Cr
Issue Size Total3,77,600 shares5,18,400 shares
Issue Size Total (Amount)up to ₹2.72 Crup to ₹4.67 Cr

IPO Timetable

Ekennis Software IPO opens on Feb 21, 2022, while SP Refractories IPO opens on Mar 09, 2022. The closing date of Ekennis Software IPO and SP Refractories IPO is Feb 24, 2022, and Mar 11, 2022, respectively.

 Ekennis Software IPOSP Refractories IPO
Anchor Bid Date
Issue OpenFeb 21, 2022Mar 09, 2022
Issue CloseFeb 24, 2022Mar 11, 2022
Basis Of Allotment (Tentative)Mar 02, 2022Mar 16, 2022
Initiation of Refunds (Tentative)Mar 03, 2022Mar 17, 2022
Credit of Share (Tentative)Mar 04, 2022Mar 21, 2022
Listing date (Tentative)Mar 07, 2022Mar 22, 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 SP Refractories IPO P/E ratio of 9.94.

 Ekennis Software IPOSP Refractories 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 Lakh)
  30-Sep-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 1,232.20 1,057.17 898.33 792.01
Total Revenue 1,447.64 2,572.48 2,099.59 1,855.95
Profit After Tax 80.74 75.35 39.93 20.59
Promoter Shareholding (Pre-Issue)100100
Promoter Shareholding (Post-Issue)71.4269.42
P/E Ratio11.49.94
Market Cap₹10.08 Cr.₹16.11 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 SP Refractories IPO retail investors are offered 1,88,800 shares. Qualified Institutional Buyers (QIB) are offered in Ekennis Software IPO and in SP Refractories IPO.

 Ekennis Software IPOSP Refractories IPO
Anchor Investor Reserveration
Market Maker Reserveration22,400 shares28,800 shares
QIB
NII1,88,800 shares2,59,200 shares
RII1,88,800 shares2,59,200 shares
Employee
Others
Total3,77,600 shares5,18,400 shares

Bids Received (Subscription)

Ekennis Software IPO subscribed 28.00x in total, whereas SP Refractories IPO subscribed 7.24x.

 Ekennis Software IPOSP Refractories IPO
QIB (times)
NII (times)36.99x5.64x
Big NII (times)
Small NII (times)
RII (times)19.00x8.85x
Employee (times)
Other (times)
Total (times)28.00x7.24x