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Focus Business Solution IPO vs Rex Pipes IPO

Comparison between Focus Business Solution IPO and Rex Pipes IPO.

IPO Details

Focus Business Solution IPO is a SME Fixed Price IPO proposed to list at BSE SME while Rex Pipes IPO is a SME Fixed Price proposed to list at NSE SME.

 Focus Business Solution IPORex Pipes IPO
LogoFocus Business Solution IPO LogoRex Pipes IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersNavigant Corporate Advisors Ltd.Navigant Corporate Advisors Ltd.
RegistrarPurva Sharegistry (India) Pvt.Ltd.Kfin Technologies Ltd.
Market MakerNikunj Stock Brokers Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Focus Business Solution IPO is up to ₹1.14 Cr whereas the issue size of the Rex Pipes IPO is up to ₹5.93 Cr. The final issue price of Focus Business Solution IPO is ₹19.00 per share and of Rex Pipes IPO is ₹26.00 per share.

 Focus Business Solution IPORex Pipes IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹19.00 per share₹26.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size6000 shares4000 shares
Fresh Issue Size6,00,000 shares22,80,000 shares
Fresh Issue Size (Amount)up to ₹1.14 Crup to ₹5.93 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total6,00,000 shares22,80,000 shares
Issue Size Total (Amount)up to ₹1.14 Crup to ₹5.93 Cr

IPO Timetable

Focus Business Solution IPO opens on Jun 30, 2021, while Rex Pipes IPO opens on Jul 28, 2021. The closing date of Focus Business Solution IPO and Rex Pipes IPO is Jul 05, 2021, and Aug 02, 2021, respectively.

 Focus Business Solution IPORex Pipes IPO
Anchor Bid Date
Issue OpenJun 30, 2021Jul 28, 2021
Issue CloseJul 05, 2021Aug 02, 2021
Basis Of Allotment (Tentative)Jul 08, 2021Aug 05, 2021
Initiation of Refunds (Tentative)Jul 09, 2021Aug 06, 2021
Credit of Share (Tentative)Jul 12, 2021Aug 09, 2021
Listing date (Tentative)Jul 13, 2021Aug 10, 2021
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Focus Business Solution IPO P/E ratio is , as compared to Rex Pipes IPO P/E ratio of .

 Focus Business Solution IPORex Pipes IPO
Financials
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in lakhs)
31-Dec-20 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 468.19 395.66 415.64 344.76
Total Revenue 799.19 1,090.73 1,073.97 1,023.76
Profit After Tax 19.74 15.25 11.77 10.99
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Lacs)
31-Jan-21 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 3,811.00 3,382.79 3,270.87 2,704.16
Total Revenue 4,438.80 3,206.87 3,774.94 3,516.41
Profit After Tax 100.66 77.50 130.66 127.40
Promoter Shareholding (Pre-Issue)10084.65
Promoter Shareholding (Post-Issue)61.03
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Focus Business Solution IPO Retail Individual Investors (RII) are offered 3,00,000 shares while in Rex Pipes IPO retail investors are offered 3,00,000 shares. Qualified Institutional Buyers (QIB) are offered in Focus Business Solution IPO and in Rex Pipes IPO.

 Focus Business Solution IPORex Pipes IPO
Anchor Investor Reserveration
Market Maker Reserveration42,000 shares1,20,000 shares
QIB
NII3,00,000 shares11,40,000 shares
RII3,00,000 shares11,40,000 shares
Employee
Others
Total6,00,000 shares22,80,000 shares

Bids Received (Subscription)

Focus Business Solution IPO subscribed 6.66x in total, whereas Rex Pipes IPO subscribed 23.99x.

 Focus Business Solution IPORex Pipes IPO
QIB (times)
NII (times)3.22x6.84x
Big NII (times)
Small NII (times)
RII (times)10.10x41.13x
Employee (times)
Other (times)
Total (times)6.66x23.99x