Comparison between Innokaiz India IPO and Spectrum Talent Management IPO.
Innokaiz India IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Spectrum Talent Management IPO is a SME Bookbuilding proposed to list at NSE SME.
| Innokaiz India IPO | Spectrum Talent Management IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Gretex Corporate Services Ltd. | Sarthi Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Gretex Share Broking Pvt.Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Innokaiz India IPO is up to ₹20.11 Cr whereas the issue size of the Spectrum Talent Management IPO is up to ₹99.88 Cr. The final issue price of Innokaiz India IPO is ₹78.00 per share and of Spectrum Talent Management IPO is ₹173.00 per share.
| Innokaiz India IPO | Spectrum Talent Management IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹76.00 per share | ₹169.00 per share |
| Issue Price (Upper) | ₹78.00 per share | ₹173.00 per share |
| Issue Price (Final) | ₹78.00 per share | ₹173.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 800 shares |
| Fresh Issue Size | 25,77,600 shares | 48,81,600 shares |
| Fresh Issue Size (Amount) | up to ₹20.11 Cr | up to ₹84.45 Cr |
| OFS Issue Size | 0 shares | 8,92,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹15.43 Cr |
| Issue Size Total | 25,77,600 shares | 57,73,600 shares |
| Issue Size Total (Amount) | up to ₹20.11 Cr | up to ₹99.88 Cr |
Innokaiz India IPO opens on Apr 28, 2023, while Spectrum Talent Management IPO opens on Jun 09, 2023. The closing date of Innokaiz India IPO and Spectrum Talent Management IPO is May 03, 2023, and Jun 14, 2023, respectively.
| Innokaiz India IPO | Spectrum Talent Management IPO | |
|---|---|---|
| Anchor Bid Date | Apr 27, 2023 | |
| Issue Open | Apr 28, 2023 | Jun 09, 2023 |
| Issue Close | May 03, 2023 | Jun 14, 2023 |
| Basis Of Allotment (Tentative) | May 08, 2023 | Jun 19, 2023 |
| Initiation of Refunds (Tentative) | May 09, 2023 | Jun 20, 2023 |
| Credit of Share (Tentative) | May 10, 2023 | Jun 21, 2023 |
| Listing date (Tentative) | May 11, 2023 | Jun 22, 2023 |
| Anchor Lockin End date 1 | Jun 07, 2023 | |
| Anchor Lockin End date 2 | Aug 06, 2023 |
Innokaiz India IPO P/E ratio is , as compared to Spectrum Talent Management IPO P/E ratio of 15.
| Innokaiz India IPO | Spectrum Talent Management IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 98.00 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 71.99 | 72.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 15 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹79.74 Cr. | ₹89.71 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.25 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 42.99 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Innokaiz India IPO Retail Individual Investors (RII) are offered 9,02,400 shares while in Spectrum Talent Management IPO retail investors are offered 9,02,400 shares. Qualified Institutional Buyers (QIB) are offered 5,15,200 shares in Innokaiz India IPO and 5,76,000 shares in Spectrum Talent Management IPO.
| Innokaiz India IPO | Spectrum Talent Management IPO | |
|---|---|---|
| Anchor Investor Reservation | 7,72,800 shares | |
| Market Maker Reservation | 1,36,000 shares | 3,04,000 shares |
| QIB | 5,15,200 shares | 5,76,000 shares |
| NII | 3,87,200 shares | 25,98,400 shares |
| RII | 9,02,400 shares | 25,99,200 shares |
| Employee | ||
| Others | ||
| Total | 25,77,600 shares | 57,73,600 shares |
Innokaiz India IPO subscribed 95.08x in total, whereas Spectrum Talent Management IPO subscribed 12.27x.
| Innokaiz India IPO | Spectrum Talent Management IPO | |
|---|---|---|
| QIB (times) | 23.93x | 11.21x |
| NII (times) | 303.92x | 11.68x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 46.10x | 13.10x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 95.08x | 12.27x |
