Escorp Asset Management IPO vs Focus Lighting IPO

Comparison between Escorp Asset Management IPO and Focus Lighting IPO.

IPO Details

Escorp Asset Management IPO is a SME Fixed Price IPO proposed to list at BSE SME while Focus Lighting IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Escorp Asset Management IPO is up to ₹3.07 Cr whereas the issue size of the Focus Lighting IPO is up to ₹3.83 Cr. The final issue price of Escorp Asset Management IPO is ₹15.00 per share and of Focus Lighting IPO is ₹45.00 per share.

 Escorp Asset Management IPOFocus Lighting IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹15.00 per share₹45.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size8000 shares3000 shares
Fresh Issue Size20,48,000 shares8,52,000 shares
Fresh Issue Size (Amount)up to ₹3.07 Crup to ₹3.83 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total20,48,000 shares8,52,000 shares
Issue Size Total (Amount)up to ₹3.07 Crup to ₹3.83 Cr

IPO Timetable

Escorp Asset Management IPO opens on Mar 31, 2017, while Focus Lighting IPO opens on Mar 30, 2017. The closing date of Escorp Asset Management IPO and Focus Lighting IPO is Apr 06, 2017, and Apr 05, 2017, respectively.

 Escorp Asset Management IPOFocus Lighting IPO
Issue OpenMar 31, 2017Mar 30, 2017
Issue CloseApr 06, 2017Apr 05, 2017
Basis Of Allotment (Tentative)Apr 11, 2017Apr 10, 2017
Listing date (Tentative)Apr 17, 2017Apr 13, 2017

Financials & KPIs

Escorp Asset Management IPO P/E ratio is , as compared to Focus Lighting IPO P/E ratio of .

 Escorp Asset Management IPOFocus Lighting IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets7.950.010.010.01
Total Income0.100.000.00
Profit After Tax0.030.000.00
NET Worth5.230.010.010.01
Reserves and Surplus0.720.000.000.00
Total Borrowing2.650.000.000.00
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets24.5321.7717.0813.17
Total Income36.6661.1642.2434.21
Profit After Tax1.523.261.100.76
NET Worth9.607.844.893.77
Reserves and Surplus9.557.804.843.73
Total Borrowing2.524.343.832.84
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00%100.00%
Promoter Shareholding (Post-Issue)67.62%73.36%
Market Cap₹10.01 Cr.₹15.20 Cr.

Shares Offered

In the Escorp Asset Management IPO Retail Individual Investors (RII) are offered 10,24,000 shares while in Focus Lighting IPO retail investors are offered 10,24,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Escorp Asset Management IPO and 0 shares in Focus Lighting IPO.

 Escorp Asset Management IPOFocus Lighting IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,12,000 shares48,000 shares
QIB0 shares0 shares
NII10,24,000 shares4,26,000 shares
RII10,24,000 shares4,26,000 shares
Employee0 shares0 shares
Total20,48,000 shares8,52,000 shares

Bids Received (Subscription)

Escorp Asset Management IPO subscribed 2.46x in total, whereas Focus Lighting IPO subscribed 93.95x.

 Escorp Asset Management IPOFocus Lighting IPO
NII (times)0.00x81.18x
RII (times)0.00x106.73x
Total (times)2.46x93.95x

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Escorp Asset Management IPO Vs Focus Lighting IPO