Comparison between IFL Enterprises IPO and Tanvi Foods IPO.
IFL Enterprises IPO is a SME Fixed Price IPO proposed to list at BSE SME while Tanvi Foods IPO is a SME Fixed Price proposed to list at BSE SME.
| IFL Enterprises IPO | Tanvi Foods 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. | Aryaman Financial Services Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | MSB E-Trade Securities Ltd. | Aryaman Capital Markets 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 Tanvi Foods IPO is up to ₹6.26 Cr. The final issue price of IFL Enterprises IPO is ₹20.00 per share and of Tanvi Foods IPO is ₹60.00 per share.
| IFL Enterprises IPO | Tanvi Foods IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹20.00 per share | ₹60.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 6000 shares | 2000 shares |
| Fresh Issue Size | 15,36,000 shares | 6,16,000 shares |
| Fresh Issue Size (Amount) | up to ₹3.07 Cr | up to ₹3.70 Cr |
| OFS Issue Size | 0 shares | 4,28,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹2.57 Cr |
| Issue Size Total | 15,36,000 shares | 10,44,000 shares |
| Issue Size Total (Amount) | up to ₹3.07 Cr | up to ₹6.26 Cr |
IFL Enterprises IPO opens on Mar 07, 2017, while Tanvi Foods IPO opens on Feb 17, 2017. The closing date of IFL Enterprises IPO and Tanvi Foods IPO is Mar 10, 2017, and Feb 22, 2017, respectively.
| IFL Enterprises IPO | Tanvi Foods IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 07, 2017 | Feb 17, 2017 |
| Issue Close | Mar 10, 2017 | Feb 22, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Mar 21, 2017 | Mar 02, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
IFL Enterprises IPO P/E ratio is , as compared to Tanvi Foods IPO P/E ratio of .
| IFL Enterprises IPO | Tanvi Foods IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹6.00 Cr. | ₹24.70 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the IFL Enterprises IPO Retail Individual Investors (RII) are offered 7,68,000 shares while in Tanvi Foods IPO retail investors are offered 7,68,000 shares. Qualified Institutional Buyers (QIB) are offered in IFL Enterprises IPO and in Tanvi Foods IPO.
| IFL Enterprises IPO | Tanvi Foods IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 90,000 shares | 56,000 shares |
| QIB | ||
| NII | 7,68,000 shares | 5,22,000 shares |
| RII | 7,68,000 shares | 5,22,000 shares |
| Employee | ||
| Others | ||
| Total | 15,36,000 shares | 10,44,000 shares |
IFL Enterprises IPO subscribed 1.56x in total, whereas Tanvi Foods IPO subscribed 1.62x.
| IFL Enterprises IPO | Tanvi Foods IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.23x | 1.87x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.88x | 1.38x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.56x | 1.62x |
