Comparison between Humming Bird Education IPO and Northern Spirits IPO.
Humming Bird Education IPO is a SME Fixed Price IPO proposed to list at BSE SME while Northern Spirits IPO is a SME Fixed Price proposed to list at BSE SME.
| Humming Bird Education IPO | Northern Spirits IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Share India Capital Services Pvt.Ltd. | Finshore Management Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Share India Securities Ltd. | Airan Finstocks 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 Humming Bird Education IPO is up to ₹2.03 Cr whereas the issue size of the Northern Spirits IPO is up to ₹17.57 Cr. The final issue price of Humming Bird Education IPO is ₹132.00 per share and of Northern Spirits IPO is ₹43.00 per share.
| Humming Bird Education IPO | Northern Spirits IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹132.00 per share | ₹43.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 3000 shares |
| Fresh Issue Size | 1,54,000 shares | 40,86,000 shares |
| Fresh Issue Size (Amount) | up to ₹2.03 Cr | up to ₹17.57 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 | 1,54,000 shares | 40,86,000 shares |
| Issue Size Total (Amount) | up to ₹2.03 Cr | up to ₹17.57 Cr |
Humming Bird Education IPO opens on Mar 15, 2019, while Northern Spirits IPO opens on Mar 22, 2019. The closing date of Humming Bird Education IPO and Northern Spirits IPO is Mar 19, 2019, and Mar 27, 2019, respectively.
| Humming Bird Education IPO | Northern Spirits IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 15, 2019 | Mar 22, 2019 |
| Issue Close | Mar 19, 2019 | Mar 27, 2019 |
| Basis Of Allotment (Tentative) | Mar 25, 2019 | |
| Initiation of Refunds (Tentative) | Mar 26, 2019 | |
| Credit of Share (Tentative) | Mar 27, 2019 | |
| Listing date (Tentative) | Mar 28, 2019 | Apr 04, 2019 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Humming Bird Education IPO P/E ratio is , as compared to Northern Spirits IPO P/E ratio of .
| Humming Bird Education IPO | Northern Spirits IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 90.98 | ||||
| Promoter Shareholding (Post-Issue) | 75 | 66.59 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹8.09 Cr. | ₹69.02 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Humming Bird Education IPO Retail Individual Investors (RII) are offered 77,000 shares while in Northern Spirits IPO retail investors are offered 77,000 shares. Qualified Institutional Buyers (QIB) are offered in Humming Bird Education IPO and in Northern Spirits IPO.
| Humming Bird Education IPO | Northern Spirits IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 9,000 shares | 2,16,000 shares |
| QIB | ||
| NII | 77,000 shares | 20,43,000 shares |
| RII | 77,000 shares | 20,43,000 shares |
| Employee | ||
| Others | ||
| Total | 1,54,000 shares | 40,86,000 shares |
Humming Bird Education IPO subscribed 1.40x in total, whereas Northern Spirits IPO subscribed 1.30x.
| Humming Bird Education IPO | Northern Spirits IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.90x | 1.83x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.91x | 0.78x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.40x | 1.30x |
