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IFL Enterprises IPO vs Sarthak Metals IPO

Comparison between IFL Enterprises IPO and Sarthak Metals IPO.

IPO Details

IFL Enterprises IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sarthak Metals IPO is a SME Fixed Price proposed to list at BSE SME.

 IFL Enterprises IPOSarthak Metals IPO
LogoIFL Enterprises IPO LogoSarthak Metals IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersAryaman Financial Services Ltd.Oneview Corporate Advisors Pvt.Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerMSB E-Trade Securities Ltd.Guiness Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of IFL Enterprises IPO is up to ₹3.07 Cr whereas the issue size of the Sarthak Metals IPO is up to ₹10.32 Cr. The final issue price of IFL Enterprises IPO is ₹20.00 per share and of Sarthak Metals IPO is ₹30.00 per share.

 IFL Enterprises IPOSarthak Metals IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹20.00 per share₹30.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares4000 shares
Fresh Issue Size15,36,000 shares14,04,000 shares
Fresh Issue Size (Amount)up to ₹3.07 Crup to ₹4.21 Cr
OFS Issue Size0 shares20,36,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹6.11 Cr
Issue Size Total15,36,000 shares34,40,000 shares
Issue Size Total (Amount)up to ₹3.07 Crup to ₹10.32 Cr

IPO Timetable

IFL Enterprises IPO opens on Mar 07, 2017, while Sarthak Metals IPO opens on Mar 10, 2017. The closing date of IFL Enterprises IPO and Sarthak Metals IPO is Mar 10, 2017, and Mar 17, 2017, respectively.

 IFL Enterprises IPOSarthak Metals IPO
Issue OpenMar 07, 2017Mar 10, 2017
Issue CloseMar 10, 2017Mar 17, 2017
Basis Of Allotment (Tentative)Mar 16, 2017Mar 22, 2017
Listing date (Tentative)Mar 21, 2017Mar 27, 2017

Financials & KPIs

IFL Enterprises IPO P/E ratio is , as compared to Sarthak Metals IPO P/E ratio of .

 IFL Enterprises IPOSarthak Metals IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets5.843.114.082.38
Total Income1.860.390.080.08
Profit After Tax0.090.130.000.00
NET Worth3.093.002.322.32
Reserves and Surplus1.991.902.252.25
Total Borrowing2.61
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets55.0148.9947.1840.22
Total Income73.96128.72151.49147.22
Profit After Tax2.473.672.872.60
NET Worth26.7024.2320.5717.74
Reserves and Surplus14.6112.148.485.65
Total Borrowing24.9123.1723.5819.54
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)70.57%91.75%
Promoter Shareholding (Post-Issue)32.35%69.25%
Market Cap₹6.00 Cr.₹41.07 Cr.

Shares Offered

In the IFL Enterprises IPO Retail Individual Investors (RII) are offered 7,68,000 shares while in Sarthak Metals IPO retail investors are offered 7,68,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in IFL Enterprises IPO and 0 shares in Sarthak Metals IPO.

 IFL Enterprises IPOSarthak Metals IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation90,000 shares1,96,000 shares
QIB0 shares0 shares
NII7,68,000 shares17,20,000 shares
RII7,68,000 shares17,20,000 shares
Employee0 shares0 shares
Total15,36,000 shares34,40,000 shares

Bids Received (Subscription)

IFL Enterprises IPO subscribed 1.56x in total, whereas Sarthak Metals IPO subscribed 2.02x.

 IFL Enterprises IPOSarthak Metals IPO
NII (times)1.23x0.00x
RII (times)1.88x0.00x
Total (times)1.56x2.02x

Compare with others

IFL Enterprises IPOSarthak Metals IPO
Jash Dealmark IPOMaximus International IPO
Chemcrux Enterprises IPOJash Dealmark IPO
Airan IPOChemcrux Enterprises IPO
Manomay Tex IPOAiran IPO
Sarthak Metals IPOManomay Tex IPO
Sanginita Chemicals IPOIFL Enterprises IPO
Akash Infra-Projects IPOSanginita Chemicals IPO
RMC Switchgears IPOAkash Infra-Projects IPO
Tanvi Foods IPORMC Switchgears IPO
Nitiraj Engineers IPOTanvi Foods IPO

Compare:

IFL Enterprises IPO Vs Sarthak Metals IPO