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.
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.
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 IPO | Rex Pipes IPO |
|---|
| Issue Open | Jun 30, 2021 | Jul 28, 2021 |
| Issue Close | Jul 05, 2021 | Aug 02, 2021 |
| Basis Of Allotment (Tentative) | Jul 08, 2021 | Aug 05, 2021 |
| Initiation of Refunds (Tentative) | Jul 09, 2021 | Aug 06, 2021 |
| Credit of Share (Tentative) | Jul 12, 2021 | Aug 09, 2021 |
| Listing date (Tentative) | Jul 13, 2021 | Aug 10, 2021 |
Financials & KPIs
Focus Business Solution IPO P/E ratio is , as compared to Rex Pipes IPO P/E ratio of .
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 0 shares in Focus Business Solution IPO and in Rex Pipes IPO.
| | Focus Business Solution IPO | Rex Pipes IPO |
|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 42,000 shares | 1,20,000 shares |
| QIB | 0 shares | |
| NII | 3,00,000 shares | 11,40,000 shares |
| RII | 3,00,000 shares | 11,40,000 shares |
| Employee | 0 shares | |
| Total | 6,00,000 shares | 22,80,000 shares |
Bids Received (Subscription)
Focus Business Solution IPO subscribed 6.66x in total, whereas Rex Pipes IPO subscribed 23.99x.
