Comparison between Indian Emulsifiers IPO and TGIF Agribusiness IPO.
IPO Details
Indian Emulsifiers IPO is a SME Fixed Price IPO proposed to list at NSE SME while TGIF Agribusiness IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Indian Emulsifiers IPO is up to ₹40.26 Cr whereas the issue size of the TGIF Agribusiness IPO is up to ₹6.07 Cr. The final issue price of Indian Emulsifiers IPO is ₹132.00 per share and of TGIF Agribusiness IPO is ₹93.00 per share.
IPO Timetable
Indian Emulsifiers IPO opens on May 13, 2024, while TGIF Agribusiness IPO opens on May 08, 2024. The closing date of Indian Emulsifiers IPO and TGIF Agribusiness IPO is May 16, 2024, and May 10, 2024, respectively.
| | Indian Emulsifiers IPO | TGIF Agribusiness IPO |
|---|
| Anchor Bid Date | May 10, 2024 | |
| Issue Open | May 13, 2024 | May 08, 2024 |
| Issue Close | May 16, 2024 | May 10, 2024 |
| Basis Of Allotment (Tentative) | May 17, 2024 | May 13, 2024 |
| Initiation of Refunds (Tentative) | May 21, 2024 | May 14, 2024 |
| Credit of Share (Tentative) | May 21, 2024 | May 14, 2024 |
| Listing date (Tentative) | May 22, 2024 | May 15, 2024 |
| Anchor Lockin End date 1 | Jun 16, 2024 | |
| Anchor Lockin End date 2 | Aug 15, 2024 | |
Financials & KPIs
Indian Emulsifiers IPO P/E ratio is 30.54, as compared to TGIF Agribusiness IPO P/E ratio of 13.58.
Shares Offered
In the Indian Emulsifiers IPO Retail Individual Investors (RII) are offered 10,70,000 shares while in TGIF Agribusiness IPO retail investors are offered 10,70,000 shares. Qualified Institutional Buyers (QIB) are offered 6,10,000 shares in Indian Emulsifiers IPO and in TGIF Agribusiness IPO.
| | Indian Emulsifiers IPO | TGIF Agribusiness IPO |
|---|
| Anchor Investor Reservation | 9,10,000 shares | |
| Market Maker Reservation | 1,61,000 shares | 34,800 shares |
| QIB | 6,10,000 shares | |
| NII | 4,60,000 shares | 3,26,400 shares |
| RII | 10,70,000 shares | 3,26,400 shares |
| Total | 30,50,000 shares | 6,52,800 shares |
Bids Received (Subscription)
Indian Emulsifiers IPO subscribed 322.80x in total, whereas TGIF Agribusiness IPO subscribed 34.13x.
