Comparison between IFL Enterprises IPO and Nitiraj Engineers IPO.
IFL Enterprises IPO is a SME Fixed Price IPO proposed to list at BSE SME while Nitiraj Engineers IPO is a SME Fixed Price proposed to list at NSE SME.
| IFL Enterprises IPO | Nitiraj Engineers IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | Arihant Capital Markets Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | MSB E-Trade Securities Ltd. | Alacrity Securities 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 IFL Enterprises IPO is up to ₹3.07 Cr whereas the issue size of the Nitiraj Engineers IPO is up to ₹20.90 Cr. The final issue price of IFL Enterprises IPO is ₹20.00 per share and of Nitiraj Engineers IPO is ₹100.00 per share.
| IFL Enterprises IPO | Nitiraj Engineers IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹20.00 per share | ₹100.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 6000 shares | 1200 shares |
| Fresh Issue Size | 15,36,000 shares | 20,90,400 shares |
| Fresh Issue Size (Amount) | up to ₹3.07 Cr | up to ₹20.90 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 | 15,36,000 shares | 20,90,400 shares |
| Issue Size Total (Amount) | up to ₹3.07 Cr | up to ₹20.90 Cr |
IFL Enterprises IPO opens on Mar 07, 2017, while Nitiraj Engineers IPO opens on Feb 20, 2017. The closing date of IFL Enterprises IPO and Nitiraj Engineers IPO is Mar 10, 2017, and Mar 01, 2017, respectively.
| IFL Enterprises IPO | Nitiraj Engineers IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 07, 2017 | Feb 20, 2017 |
| Issue Close | Mar 10, 2017 | Mar 01, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Mar 21, 2017 | Mar 09, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
IFL Enterprises IPO P/E ratio is , as compared to Nitiraj Engineers IPO P/E ratio of .
| IFL Enterprises IPO | Nitiraj Engineers IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹6.00 Cr. | ₹82.01 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the IFL Enterprises IPO Retail Individual Investors (RII) are offered 7,68,000 shares while in Nitiraj Engineers IPO retail investors are offered 7,68,000 shares. Qualified Institutional Buyers (QIB) are offered in IFL Enterprises IPO and in Nitiraj Engineers IPO.
| IFL Enterprises IPO | Nitiraj Engineers IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 90,000 shares | 1,10,400 shares |
| QIB | ||
| NII | 7,68,000 shares | 10,45,200 shares |
| RII | 7,68,000 shares | 10,45,200 shares |
| Employee | ||
| Others | ||
| Total | 15,36,000 shares | 20,90,400 shares |
IFL Enterprises IPO subscribed 1.56x in total, whereas Nitiraj Engineers IPO subscribed 1.43x.
| IFL Enterprises IPO | Nitiraj Engineers IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.23x | 1.68x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.88x | 1.18x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.56x | 1.43x |
