Innovana Thinklabs IPO vs Ratnabhumi Developers IPO

Comparison between Innovana Thinklabs IPO and Ratnabhumi Developers IPO.

IPO Details

Innovana Thinklabs IPO is a SME Fixed Price IPO proposed to list at NSE SME while Ratnabhumi Developers IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Innovana Thinklabs IPO is up to ₹7.28 Cr whereas the issue size of the Ratnabhumi Developers IPO is up to ₹22.13 Cr. The final issue price of Innovana Thinklabs IPO is ₹70.00 per share and of Ratnabhumi Developers IPO is ₹63.00 per share.

 Innovana Thinklabs IPORatnabhumi Developers IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹70.00 per share₹63.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares2000 shares
Fresh Issue Size10,40,000 shares35,12,000 shares
Fresh Issue Size (Amount)up to ₹7.28 Crup to ₹22.13 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total10,40,000 shares35,12,000 shares
Issue Size Total (Amount)up to ₹7.28 Crup to ₹22.13 Cr

IPO Timetable

Innovana Thinklabs IPO opens on Nov 29, 2017, while Ratnabhumi Developers IPO opens on Dec 04, 2017. The closing date of Innovana Thinklabs IPO and Ratnabhumi Developers IPO is Dec 04, 2017, and Dec 06, 2017, respectively.

 Innovana Thinklabs IPORatnabhumi Developers IPO
Issue OpenNov 29, 2017Dec 04, 2017
Issue CloseDec 04, 2017Dec 06, 2017
Basis Of Allotment (Tentative)Dec 11, 2017
Listing date (Tentative)Dec 12, 2017Dec 14, 2017

Financials & KPIs

Innovana Thinklabs IPO P/E ratio is 25, as compared to Ratnabhumi Developers IPO P/E ratio of .

 Innovana Thinklabs IPORatnabhumi Developers IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 201731 Mar 201731 Mar 2016
Assets15.326.312.19
Total Income5.3915.776.64
Profit After Tax0.280.970.59
NET Worth2.041.760.79
Reserves and Surplus1.841.560.59
Total Borrowing0.011.900.06
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Jun 201731 Mar 201731 Mar 201631 Mar 2015
Assets15.2814.4220.0216.74
Total Income0.189.817.767.56
Profit After Tax0.071.351.591.09
NET Worth10.2110.148.797.21
Reserves and Surplus9.719.648.296.71
Total Borrowing4.343.285.163.87
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)73.17%72.99%
P/E Ratio25
Market Cap₹28.70 Cr.₹86.31 Cr.

Shares Offered

In the Innovana Thinklabs IPO Retail Individual Investors (RII) are offered 5,20,000 shares while in Ratnabhumi Developers IPO retail investors are offered 5,20,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Innovana Thinklabs IPO and 0 shares in Ratnabhumi Developers IPO.

 Innovana Thinklabs IPORatnabhumi Developers IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation60,000 shares1,88,000 shares
QIB0 shares0 shares
NII5,20,000 shares17,56,000 shares
RII5,20,000 shares17,56,000 shares
Employee0 shares0 shares
Total10,40,000 shares35,12,000 shares

Bids Received (Subscription)

Innovana Thinklabs IPO subscribed 2.64x in total, whereas Ratnabhumi Developers IPO subscribed 1.51x.

Compare with others

Compare:

Innovana Thinklabs IPO Vs Ratnabhumi Developers IPO