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IFL Enterprises IPO vs Tanvi Foods IPO

Comparison between IFL Enterprises IPO and Tanvi Foods IPO.

IPO Details

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 IPOTanvi Foods IPO
LogoIFL Enterprises IPO LogoTanvi Foods IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersAryaman Financial Services Ltd.Aryaman Financial Services Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerMSB E-Trade Securities Ltd.Aryaman Capital Markets 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 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 IPOTanvi Foods IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹20.00 per share₹60.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares2000 shares
Fresh Issue Size15,36,000 shares6,16,000 shares
Fresh Issue Size (Amount)up to ₹3.07 Crup to ₹3.70 Cr
OFS Issue Size0 shares4,28,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹2.57 Cr
Issue Size Total15,36,000 shares10,44,000 shares
Issue Size Total (Amount)up to ₹3.07 Crup to ₹6.26 Cr

IPO Timetable

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 IPOTanvi Foods IPO
Issue OpenMar 07, 2017Feb 17, 2017
Issue CloseMar 10, 2017Feb 22, 2017
Basis Of Allotment (Tentative)Mar 16, 2017Feb 27, 2017
Listing date (Tentative)Mar 21, 2017Mar 02, 2017

Financials & KPIs

IFL Enterprises IPO P/E ratio is , as compared to Tanvi Foods IPO P/E ratio of .

 IFL Enterprises IPOTanvi Foods 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
Assets24.7322.4517.8910.75
Total Income28.5149.0934.3820.03
Profit After Tax0.541.010.870.21
NET Worth7.567.024.851.97
Reserves and Surplus4.113.582.101.22
Total Borrowing11.3910.9110.374.96
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)70.57%87.23%
Promoter Shareholding (Post-Issue)32.35%62.59%
Market Cap₹6.00 Cr.₹24.70 Cr.

Shares Offered

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 0 shares in IFL Enterprises IPO and 0 shares in Tanvi Foods IPO.

 IFL Enterprises IPOTanvi Foods IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation90,000 shares56,000 shares
QIB0 shares0 shares
NII7,68,000 shares5,22,000 shares
RII7,68,000 shares5,22,000 shares
Employee0 shares0 shares
Total15,36,000 shares10,44,000 shares

Bids Received (Subscription)

IFL Enterprises IPO subscribed 1.56x in total, whereas Tanvi Foods IPO subscribed 1.62x.

 IFL Enterprises IPOTanvi Foods IPO
NII (times)1.23x1.87x
RII (times)1.88x1.38x
Total (times)1.56x1.62x

Compare with others

IFL Enterprises IPOTanvi Foods IPO
Jash Dealmark IPOSarthak Metals IPO
Chemcrux Enterprises IPOIFL Enterprises IPO
Airan IPOSanginita Chemicals IPO
Manomay Tex IPOAkash Infra-Projects IPO
Sarthak Metals IPORMC Switchgears IPO
Sanginita Chemicals IPONitiraj Engineers IPO
Akash Infra-Projects IPOGlobal Education IPO
RMC Switchgears IPOKrishana Phoschem IPO
Tanvi Foods IPOSteel City Securities IPO
Nitiraj Engineers IPOMadhav Copper IPO

Compare:

IFL Enterprises IPO Vs Tanvi Foods IPO