Comparison between Ashoka Metcast IPO and Focus Suites Solutions IPO.
Ashoka Metcast IPO is a SME Fixed Price IPO proposed to list at BSE SME while Focus Suites Solutions IPO is a SME Fixed Price proposed to list at BSE SME.
| Ashoka Metcast IPO | Focus Suites Solutions IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | Pantomath Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Aryaman Capital Markets Ltd. | Pantomath Stock Brokers Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Ashoka Metcast IPO is up to ₹11.38 Cr whereas the issue size of the Focus Suites Solutions IPO is up to ₹6.16 Cr. The final issue price of Ashoka Metcast IPO is ₹20.00 per share and of Focus Suites Solutions IPO is ₹18.00 per share.
| Ashoka Metcast IPO | Focus Suites Solutions IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹20.00 per share | ₹18.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 6000 shares | 8000 shares |
| Fresh Issue Size | 56,88,000 shares | 34,24,000 shares |
| Fresh Issue Size (Amount) | up to ₹11.38 Cr | up to ₹6.16 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 56,88,000 shares | 34,24,000 shares |
| Issue Size Total (Amount) | up to ₹11.38 Cr | up to ₹6.16 Cr |
Ashoka Metcast IPO opens on Jan 23, 2018, while Focus Suites Solutions IPO opens on Jan 30, 2018. The closing date of Ashoka Metcast IPO and Focus Suites Solutions IPO is Jan 25, 2018, and Feb 01, 2018, respectively.
| Ashoka Metcast IPO | Focus Suites Solutions IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jan 23, 2018 | Jan 30, 2018 |
| Issue Close | Jan 25, 2018 | Feb 01, 2018 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Feb 05, 2018 | Feb 09, 2018 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Ashoka Metcast IPO P/E ratio is , as compared to Focus Suites Solutions IPO P/E ratio of .
| Ashoka Metcast IPO | Focus Suites Solutions IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹21.42 Cr. | ₹24.03 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Ashoka Metcast IPO Retail Individual Investors (RII) are offered 28,44,000 shares while in Focus Suites Solutions IPO retail investors are offered 28,44,000 shares. Qualified Institutional Buyers (QIB) are offered in Ashoka Metcast IPO and in Focus Suites Solutions IPO.
| Ashoka Metcast IPO | Focus Suites Solutions IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 3,12,000 shares | 1,84,000 shares |
| QIB | ||
| NII | 28,44,000 shares | 17,12,000 shares |
| RII | 28,44,000 shares | 17,12,000 shares |
| Employee | ||
| Others | ||
| Total | 56,88,000 shares | 34,24,000 shares |
Ashoka Metcast IPO subscribed 1.57x in total, whereas Focus Suites Solutions IPO subscribed 184.74x.
| Ashoka Metcast IPO | Focus Suites Solutions IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 0.51x | 287.62x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.63x | 81.86x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.57x | 184.74x |
