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Innovative Ideals IPO vs Parin Furniture IPO

Comparison between Innovative Ideals IPO and Parin Furniture IPO.

IPO Details

Innovative Ideals IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Parin Furniture IPO is a SME Bookbuilding proposed to list at NSE SME.

 Innovative Ideals IPOParin Furniture IPO
LogoInnovative Ideals IPO LogoParin Furniture IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersPantomath Capital Advisors Pvt.Ltd.Hem Securities Ltd.
RegistrarBigshare Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerPantomath Stock Brokers Pvt.Ltd.Hem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Innovative Ideals IPO is up to ₹11.64 Cr whereas the issue size of the Parin Furniture IPO is up to ₹17.89 Cr. The final issue price of Innovative Ideals IPO is ₹40.00 per share and of Parin Furniture IPO is ₹63.00 per share.

 Innovative Ideals IPOParin Furniture IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹36.00 per share₹60.00 per share
Issue Price (Upper)₹40.00 per share₹63.00 per share
Issue Price (Final)₹40.00 per share₹63.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares2000 shares
Fresh Issue Size29,10,000 shares28,40,000 shares
Fresh Issue Size (Amount)up to ₹11.64 Crup to ₹17.89 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total29,10,000 shares28,40,000 shares
Issue Size Total (Amount)up to ₹11.64 Crup to ₹17.89 Cr

IPO Timetable

Innovative Ideals IPO opens on Sep 24, 2018, while Parin Furniture IPO opens on Sep 26, 2018. The closing date of Innovative Ideals IPO and Parin Furniture IPO is Sep 26, 2018, and Sep 28, 2018, respectively.

 Innovative Ideals IPOParin Furniture IPO
Anchor Bid Date
Issue OpenSep 24, 2018Sep 26, 2018
Issue CloseSep 26, 2018Sep 28, 2018
Basis Of Allotment (Tentative)Oct 01, 2018Oct 04, 2018
Initiation of Refunds (Tentative)Oct 03, 2018Oct 05, 2018
Credit of Share (Tentative)Oct 04, 2018Oct 05, 2018
Listing date (Tentative)Oct 05, 2018Oct 09, 2018
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Innovative Ideals IPO P/E ratio is , as compared to Parin Furniture IPO P/E ratio of .

 Innovative Ideals IPOParin Furniture IPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 3,479.82 2,287.04 2081.86 2,355.01 4,774.17
Total Revenue 2,031.84 1,074.57 1,217.81 1,245.07 1,281.61
Profit After Tax 308.79 96.76 1.36 15.56 50.26
Summary of financial Information (Restated Standalone)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 4,663.61 4,334.86 3,963.39 1,948.67 1,673.60
Total Revenue 6,459.34 5,994.04 6,178.46 2,875.78 3,002.76
Profit After Tax 261.78 135.54 101.57 27.53 60.82
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-18
Total Assets 5,744.18
Total Revenue 6,532.36
Profit After Tax 416.62
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Innovative Ideals IPO Retail Individual Investors (RII) are offered 14,55,000 shares while in Parin Furniture IPO retail investors are offered 14,55,000 shares. Qualified Institutional Buyers (QIB) are offered in Innovative Ideals IPO and 2,84,000 shares in Parin Furniture IPO.

 Innovative Ideals IPOParin Furniture IPO
Anchor Investor Reserveration
Market Maker Reserveration1,56,000 shares1,60,000 shares
QIB2,84,000 shares
NII14,55,000 shares15,62,000 shares
RII14,55,000 shares9,94,000 shares
Employee
Others
Total29,10,000 shares28,40,000 shares

Bids Received (Subscription)

Innovative Ideals IPO subscribed 1.30x in total, whereas Parin Furniture IPO subscribed 2.45x.

 Innovative Ideals IPOParin Furniture IPO
QIB (times)
NII (times)1.01x2.08x
Big NII (times)
Small NII (times)
RII (times)1.58x2.62x
Employee (times)
Other (times)
Total (times)1.30x2.45x