Innovana Thinklabs IPO vs Shradha Infraprojects IPO

Comparison between Innovana Thinklabs IPO and Shradha Infraprojects IPO.

IPO Details

Innovana Thinklabs IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shradha Infraprojects IPO is a SME Fixed Price proposed to list at NSE 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 Shradha Infraprojects IPO is up to ₹17.92 Cr. The final issue price of Innovana Thinklabs IPO is ₹70.00 per share and of Shradha Infraprojects IPO is ₹70.00 per share.

 Innovana Thinklabs IPOShradha Infraprojects IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹70.00 per share₹70.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares2000 shares
Fresh Issue Size10,40,000 shares19,88,000 shares
Fresh Issue Size (Amount)up to ₹7.28 Crup to ₹13.92 Cr
OFS Issue Size0 shares5,72,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹4.00 Cr
Issue Size Total10,40,000 shares25,60,000 shares
Issue Size Total (Amount)up to ₹7.28 Crup to ₹17.92 Cr

IPO Timetable

Innovana Thinklabs IPO opens on Nov 29, 2017, while Shradha Infraprojects IPO opens on Nov 27, 2017. The closing date of Innovana Thinklabs IPO and Shradha Infraprojects IPO is Dec 04, 2017, and Nov 30, 2017, respectively.

 Innovana Thinklabs IPOShradha Infraprojects IPO
Issue OpenNov 29, 2017Nov 27, 2017
Issue CloseDec 04, 2017Nov 30, 2017
Basis Of Allotment (Tentative)Dec 06, 2017
Listing date (Tentative)Dec 12, 2017Dec 11, 2017

Financials & KPIs

Innovana Thinklabs IPO P/E ratio is 25, as compared to Shradha Infraprojects IPO P/E ratio of .

 Innovana Thinklabs IPOShradha Infraprojects 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
Assets36.6140.3060.0941.93
Total Income5.7140.6627.871.63
Profit After Tax1.484.678.710.91
NET Worth32.0230.5525.8817.17
Reserves and Surplus35.1333.6543.5435.58
Total Borrowing0.023.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)73.17%71.96%
P/E Ratio25
Market Cap₹28.70 Cr.₹67.50 Cr.

Shares Offered

In the Innovana Thinklabs IPO Retail Individual Investors (RII) are offered 5,20,000 shares while in Shradha Infraprojects 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 Shradha Infraprojects IPO.

 Innovana Thinklabs IPOShradha Infraprojects IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation60,000 shares1,44,000 shares
QIB0 shares0 shares
NII5,20,000 shares12,80,000 shares
RII5,20,000 shares12,80,000 shares
Employee0 shares0 shares
Total10,40,000 shares25,60,000 shares

Bids Received (Subscription)

Innovana Thinklabs IPO subscribed 2.64x in total, whereas Shradha Infraprojects IPO subscribed 2.84x.

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Innovana Thinklabs IPO Vs Shradha Infraprojects IPO