Comparison between Accord Synergy IPO and Globe Textiles IPO.
IPO Details
Accord Synergy IPO is a SME Fixed Price IPO proposed to list at NSE SME while Globe Textiles IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Accord Synergy IPO is up to ₹5.26 Cr whereas the issue size of the Globe Textiles IPO is up to ₹12.97 Cr. The final issue price of Accord Synergy IPO is ₹60.00 per share and of Globe Textiles IPO is ₹51.00 per share.
| | Accord Synergy IPO | Globe Textiles IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹60.00 per share | ₹51.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 2000 shares | 2000 shares |
| Fresh Issue Size | 8,76,000 shares | 12,24,000 shares |
| Fresh Issue Size (Amount) | up to ₹5.26 Cr | up to ₹6.24 Cr |
| OFS Issue Size | 0 shares | 13,20,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹6.73 Cr |
| Issue Size Total | 8,76,000 shares | 25,44,000 shares |
| Issue Size Total (Amount) | up to ₹5.26 Cr | up to ₹12.97 Cr |
IPO Timetable
Accord Synergy IPO opens on Jun 22, 2017, while Globe Textiles IPO opens on Jun 12, 2017. The closing date of Accord Synergy IPO and Globe Textiles IPO is Jun 28, 2017, and Jun 15, 2017, respectively.
Financials & KPIs
Accord Synergy IPO P/E ratio is , as compared to Globe Textiles IPO P/E ratio of .
Shares Offered
In the Accord Synergy IPO Retail Individual Investors (RII) are offered 4,38,000 shares while in Globe Textiles IPO retail investors are offered 4,38,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Accord Synergy IPO and 0 shares in Globe Textiles IPO.
| | Accord Synergy IPO | Globe Textiles IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 96,000 shares | 1,44,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 4,38,000 shares | 12,72,000 shares |
| RII | 4,38,000 shares | 12,72,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 8,76,000 shares | 25,44,000 shares |
Bids Received (Subscription)
Accord Synergy IPO subscribed 157.24x in total, whereas Globe Textiles IPO subscribed 2.62x.