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Innovative Ideals IPO vs Spectrum Electrical IPO

Comparison between Innovative Ideals IPO and Spectrum Electrical IPO.

IPO Details

Innovative Ideals IPO is a SME Fixed Price IPO proposed to list at BSE SME while Spectrum Electrical IPO is a SME Fixed Price proposed to list at NSE SME.

 Innovative Ideals IPOSpectrum Electrical IPO
LogoInnovative Ideals IPO LogoSpectrum Electrical IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtBSE SMENSE SME
Lead ManagersPantomath Capital Advisors Pvt.Ltd.Arihant Capital Markets Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerPantomath Stock Brokers Pvt.Ltd.Arihant Capital Markets 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 Spectrum Electrical IPO is up to ₹24.57 Cr. The final issue price of Innovative Ideals IPO is ₹40.00 per share and of Spectrum Electrical IPO is ₹65.00 per share.

 Innovative Ideals IPOSpectrum Electrical IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹36.00 per share
Issue Price (Upper)₹40.00 per share
Issue Price (Final)₹40.00 per share₹65.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares2000 shares
Fresh Issue Size29,10,000 shares37,80,000 shares
Fresh Issue Size (Amount)up to ₹11.64 Crup to ₹24.57 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total29,10,000 shares37,80,000 shares
Issue Size Total (Amount)up to ₹11.64 Crup to ₹24.57 Cr

IPO Timetable

Innovative Ideals IPO opens on Sep 24, 2018, while Spectrum Electrical IPO opens on Sep 17, 2018. The closing date of Innovative Ideals IPO and Spectrum Electrical IPO is Sep 26, 2018, and Sep 21, 2018, respectively.

 Innovative Ideals IPOSpectrum Electrical IPO
Anchor Bid Date
Issue OpenSep 24, 2018Sep 17, 2018
Issue CloseSep 26, 2018Sep 21, 2018
Basis Of Allotment (Tentative)Oct 01, 2018
Initiation of Refunds (Tentative)Oct 03, 2018
Credit of Share (Tentative)Oct 04, 2018
Listing date (Tentative)Oct 05, 2018Oct 01, 2018
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Innovative Ideals IPO P/E ratio is , as compared to Spectrum Electrical IPO P/E ratio of .

 Innovative Ideals IPOSpectrum Electrical 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)
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 10,763.34 2,506.00 1,491.32 490.27 89.93
Total Revenue 11,983.24 659.77 215.88 13.90 --
Profit After Tax 590.32 53.27 30.03 1.73 (5.39)
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 Spectrum Electrical IPO retail investors are offered 14,55,000 shares. Qualified Institutional Buyers (QIB) are offered in Innovative Ideals IPO and in Spectrum Electrical IPO.

 Innovative Ideals IPOSpectrum Electrical IPO
Anchor Investor Reserveration
Market Maker Reserveration1,56,000 shares2,00,000 shares
QIB
NII14,55,000 shares18,90,000 shares
RII14,55,000 shares18,90,000 shares
Employee
Others
Total29,10,000 shares37,80,000 shares

Bids Received (Subscription)

Innovative Ideals IPO subscribed 1.30x in total, whereas Spectrum Electrical IPO subscribed 1.27x.

 Innovative Ideals IPOSpectrum Electrical IPO
QIB (times)
NII (times)1.01x1.99x
Big NII (times)
Small NII (times)
RII (times)1.58x0.56x
Employee (times)
Other (times)
Total (times)1.30x1.27x