Foce India IPO vs Wherrelz IT Solutions IPO

Comparison between Foce India IPO and Wherrelz IT Solutions IPO.

IPO Details

Foce India IPO is a SME Fixed Price IPO proposed to list at NSE SME while Wherrelz IT Solutions IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Foce India IPO is up to ₹27.57 Cr whereas the issue size of the Wherrelz IT Solutions IPO is up to ₹1.89 Cr. The final issue price of Foce India IPO is ₹225.00 per share and of Wherrelz IT Solutions IPO is ₹171.00 per share.

 Foce India IPOWherrelz IT Solutions IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹225.00 per share₹171.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size600 shares800 shares
Fresh Issue Size8,35,200 shares1,10,400 shares
Fresh Issue Size (Amount)up to ₹18.79 Crup to ₹1.89 Cr
OFS Issue Size3,90,000 shares0 shares
OFS Issue Size (Amount)up to ₹8.78 Crup to ₹0.00 Cr
Issue Size Total12,25,200 shares1,10,400 shares
Issue Size Total (Amount)up to ₹27.57 Crup to ₹1.89 Cr

IPO Timetable

Foce India IPO opens on Dec 13, 2021, while Wherrelz IT Solutions IPO opens on Dec 16, 2021. The closing date of Foce India IPO and Wherrelz IT Solutions IPO is Dec 17, 2021, and Dec 21, 2021, respectively.

 Foce India IPOWherrelz IT Solutions IPO
Issue OpenDec 13, 2021Dec 16, 2021
Issue CloseDec 17, 2021Dec 21, 2021
Basis Of Allotment (Tentative)Dec 21, 2021Dec 24, 2021
Initiation of Refunds (Tentative)Dec 22, 2021Dec 27, 2021
Credit of Share (Tentative)Dec 23, 2021Dec 28, 2021
Listing date (Tentative)Dec 28, 2021Dec 29, 2021

Financials & KPIs

Foce India IPO P/E ratio is , as compared to Wherrelz IT Solutions IPO P/E ratio of .

 Foce India IPOWherrelz IT Solutions IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 202131 Mar 202031 Mar 201931 Mar 0021
Assets38.7111.1814.0537.49
Total Income36.1754.4462.0876.90
Profit After Tax1.521.611.581.99
EBITDA2.042.202.262.69
NET Worth12.188.665.9610.66
Reserves and Surplus8.194.672.896.67
Total Borrowing1.380.580.160.00
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Jun 202431 Mar 202131 Mar 202031 Mar 2019
Assets0.220.120.110.08
Total Income0.070.200.220.20
Profit After Tax-0.150.010.030.01
EBITDA-0.160.030.050.02
NET Worth0.190.110.100.07
Reserves and Surplus-0.130.060.050.06
Total Borrowing0.010.010.010.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.99%29.41%
Promoter Shareholding (Post-Issue)73.63%20.53%
Market Cap₹110.09 Cr.₹6.66 Cr.

Shares Offered

In the Foce India IPO Retail Individual Investors (RII) are offered 6,12,600 shares while in Wherrelz IT Solutions IPO retail investors are offered 6,12,600 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Foce India IPO and in Wherrelz IT Solutions IPO.

 Foce India IPOWherrelz IT Solutions IPO
Anchor Investor Reservation0 shares
Market Maker Reservation64,800 shares7,200 shares
QIB0 shares
NII6,12,600 shares55,200 shares
RII6,12,600 shares55,200 shares
Employee0 shares
Total12,25,200 shares1,10,400 shares

Bids Received (Subscription)

Foce India IPO subscribed 1.57x in total, whereas Wherrelz IT Solutions IPO subscribed 2.25x.

 Foce India IPOWherrelz IT Solutions IPO
NII (times)1.29x1.65x
RII (times)1.84x2.86x
Total (times)1.57x2.25x

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