Comparison between Shri Balaji Valve Components IPO and Indifra IPO.
IPO Details
Shri Balaji Valve Components IPO is a SME Fixed Price IPO proposed to list at BSE SME while Indifra IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Shri Balaji Valve Components IPO is up to ₹20.46 Cr whereas the issue size of the Indifra IPO is up to ₹13.34 Cr. The final issue price of Shri Balaji Valve Components IPO is ₹100.00 per share and of Indifra IPO is ₹65.00 per share.
IPO Timetable
Shri Balaji Valve Components IPO opens on Dec 27, 2023, while Indifra IPO opens on Dec 21, 2023. The closing date of Shri Balaji Valve Components IPO and Indifra IPO is Dec 29, 2023, and Dec 26, 2023, respectively.
| | Shri Balaji Valve Components IPO | Indifra IPO |
|---|
| Anchor Bid Date | Dec 26, 2023 | |
| Issue Open | Dec 27, 2023 | Dec 21, 2023 |
| Issue Close | Dec 29, 2023 | Dec 26, 2023 |
| Basis Of Allotment (Tentative) | Jan 01, 2024 | Dec 27, 2023 |
| Initiation of Refunds (Tentative) | Jan 02, 2024 | Dec 28, 2023 |
| Credit of Share (Tentative) | Jan 02, 2024 | Dec 28, 2023 |
| Listing date (Tentative) | Jan 03, 2024 | Dec 29, 2023 |
| Anchor Lockin End date 1 | Jan 31, 2024 | |
| Anchor Lockin End date 2 | Mar 31, 2024 | |
Financials & KPIs
Shri Balaji Valve Components IPO P/E ratio is 9.33, as compared to Indifra IPO P/E ratio of 11.23.
Shares Offered
In the Shri Balaji Valve Components IPO Retail Individual Investors (RII) are offered 7,16,400 shares while in Indifra IPO retail investors are offered 7,16,400 shares. Qualified Institutional Buyers (QIB) are offered 4,09,200 shares in Shri Balaji Valve Components IPO and in Indifra IPO.
| | Shri Balaji Valve Components IPO | Indifra IPO |
|---|
| Anchor Investor Reservation | 6,13,200 shares | |
| Market Maker Reservation | 1,14,000 shares | 1,08,000 shares |
| QIB | 4,09,200 shares | |
| NII | 3,07,200 shares | 10,26,000 shares |
| RII | 7,16,400 shares | 10,26,000 shares |
| Employee | | |
| Others | | |
| Total | 20,46,000 shares | 20,52,000 shares |
Bids Received (Subscription)
Shri Balaji Valve Components IPO subscribed 276.44x in total, whereas Indifra IPO subscribed 7.21x.
