EKI Energy IPO vs Siddhika Coatings IPO

Comparison between EKI Energy IPO and Siddhika Coatings IPO.

IPO Details

EKI Energy IPO is a SME Fixed Price IPO proposed to list at BSE SME while Siddhika Coatings IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of EKI Energy IPO is up to ₹17.63 Cr whereas the issue size of the Siddhika Coatings IPO is up to ₹4.46 Cr. The final issue price of EKI Energy IPO is ₹102.00 per share and of Siddhika Coatings IPO is ₹57.00 per share.

 EKI Energy IPOSiddhika Coatings IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹100.00 per share
Issue Price (Upper)₹102.00 per share
Issue Price (Final)₹102.00 per share₹57.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1200 shares2000 shares
Fresh Issue Size17,28,000 shares7,82,000 shares
Fresh Issue Size (Amount)up to ₹17.63 Crup to ₹4.46 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total17,28,000 shares7,82,000 shares
Issue Size Total (Amount)up to ₹17.63 Crup to ₹4.46 Cr

IPO Timetable

EKI Energy IPO opens on Mar 24, 2021, while Siddhika Coatings IPO opens on Mar 24, 2021. The closing date of EKI Energy IPO and Siddhika Coatings IPO is Mar 26, 2021, and Mar 26, 2021, respectively.

 EKI Energy IPOSiddhika Coatings IPO
Anchor Bid DateMar 23, 2021
Issue OpenMar 24, 2021Mar 24, 2021
Issue CloseMar 26, 2021Mar 26, 2021
Basis Of Allotment (Tentative)Apr 01, 2021Apr 01, 2021
Initiation of Refunds (Tentative)Apr 06, 2021
Credit of Share (Tentative)Apr 06, 2021
Listing date (Tentative)Apr 07, 2021Apr 07, 2021
Anchor Lockin End date 1May 01, 2021

Financials & KPIs

EKI Energy IPO P/E ratio is 11.51, as compared to Siddhika Coatings IPO P/E ratio of .

 EKI Energy IPOSiddhika Coatings IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202031 Mar 202031 Mar 201931 Mar 2018
Assets21.8616.104.122.77
Total Income59.9666.0219.887.01
Profit After Tax5.394.470.680.27
EBITDA7.436.190.860.54
NET Worth11.516.121.650.97
Reserves and Surplus11.466.071.600.92
Total Borrowing0.971.041.271.34
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Dec 202031 Mar 202031 Mar 201931 Mar 2018
Assets21.4223.0220.5515.35
Total Income6.1530.4232.2422.15
Profit After Tax0.202.963.512.56
EBITDA0.334.265.013.66
NET Worth17.1916.9914.5711.47
Reserves and Surplus14.9214.7214.3511.25
Total Borrowing0.330.330.330.26
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%83.64%
Promoter Shareholding (Post-Issue)73.47%61.34%
P/E Ratio11.51
Market Cap₹70.11 Cr.₹17.61 Cr.

Shares Offered

In the EKI Energy IPO Retail Individual Investors (RII) are offered 6,04,800 shares while in Siddhika Coatings IPO retail investors are offered 6,04,800 shares. Qualified Institutional Buyers (QIB) are offered 3,45,600 shares in EKI Energy IPO and in Siddhika Coatings IPO.

 EKI Energy IPOSiddhika Coatings IPO
Anchor Investor Reservation5,17,200 shares
Market Maker Reservation96,000 shares42,000 shares
QIB3,45,600 shares
NII2,60,400 shares3,90,000 shares
RII6,04,800 shares3,92,000 shares
Total17,28,000 shares7,82,000 shares

Bids Received (Subscription)

EKI Energy IPO subscribed 2.84x in total, whereas Siddhika Coatings IPO subscribed 2.60x.

 EKI Energy IPOSiddhika Coatings IPO
QIB (times)1.00x
NII (times)10.25x2.33x
RII (times)3.13x2.86x
Total (times)2.84x2.60x

Compare with others

Compare:

EKI Energy IPO Vs Siddhika Coatings IPO