Comparison between Innovative Ideals IPO and Parin Furniture IPO.
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 IPO | Parin Furniture IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Pantomath Capital Advisors Pvt.Ltd. | Hem Securities Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Pantomath Stock Brokers Pvt.Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
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 IPO | Parin 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 Size | 3000 shares | 2000 shares |
| Fresh Issue Size | 29,10,000 shares | 28,40,000 shares |
| Fresh Issue Size (Amount) | up to ₹11.64 Cr | up to ₹17.89 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 29,10,000 shares | 28,40,000 shares |
| Issue Size Total (Amount) | up to ₹11.64 Cr | up to ₹17.89 Cr |
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 IPO | Parin Furniture IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 24, 2018 | Sep 26, 2018 |
| Issue Close | Sep 26, 2018 | Sep 28, 2018 |
| Basis Of Allotment (Tentative) | Oct 01, 2018 | Oct 04, 2018 |
| Initiation of Refunds (Tentative) | Oct 03, 2018 | Oct 05, 2018 |
| Credit of Share (Tentative) | Oct 04, 2018 | Oct 05, 2018 |
| Listing date (Tentative) | Oct 05, 2018 | Oct 09, 2018 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Innovative Ideals IPO P/E ratio is , as compared to Parin Furniture IPO P/E ratio of .
| Innovative Ideals IPO | Parin Furniture IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹45.52 Cr. | ₹70.04 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
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 IPO | Parin Furniture IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,56,000 shares | 1,60,000 shares |
| QIB | 2,84,000 shares | |
| NII | 14,55,000 shares | 15,62,000 shares |
| RII | 14,55,000 shares | 9,94,000 shares |
| Employee | ||
| Others | ||
| Total | 29,10,000 shares | 28,40,000 shares |
Innovative Ideals IPO subscribed 1.30x in total, whereas Parin Furniture IPO subscribed 2.45x.
| Innovative Ideals IPO | Parin Furniture IPO | |
|---|---|---|
| QIB (times) | 1.00x | |
| NII (times) | 1.01x | 1.89x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.58x | 3.74x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.30x | 2.45x |
