Comparison between Innovative Ideals IPO and Spectrum Electrical IPO.
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 IPO | Spectrum Electrical IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Pantomath Capital Advisors Pvt.Ltd. | Arihant Capital Markets Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Pantomath Stock Brokers Pvt.Ltd. | Arihant Capital Markets 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 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 IPO | Spectrum 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 Size | 3000 shares | 2000 shares |
| Fresh Issue Size | 29,10,000 shares | 37,80,000 shares |
| Fresh Issue Size (Amount) | up to ₹11.64 Cr | up to ₹24.57 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 | 37,80,000 shares |
| Issue Size Total (Amount) | up to ₹11.64 Cr | up to ₹24.57 Cr |
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 IPO | Spectrum Electrical IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 24, 2018 | Sep 17, 2018 |
| Issue Close | Sep 26, 2018 | Sep 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, 2018 | Oct 01, 2018 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Innovative Ideals IPO P/E ratio is , as compared to Spectrum Electrical IPO P/E ratio of .
| Innovative Ideals IPO | Spectrum Electrical IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹45.52 Cr. | ₹98.28 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
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 IPO | Spectrum Electrical IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,56,000 shares | 2,00,000 shares |
| QIB | ||
| NII | 14,55,000 shares | 18,90,000 shares |
| RII | 14,55,000 shares | 18,90,000 shares |
| Employee | ||
| Others | ||
| Total | 29,10,000 shares | 37,80,000 shares |
Innovative Ideals IPO subscribed 1.30x in total, whereas Spectrum Electrical IPO subscribed 1.27x.
| Innovative Ideals IPO | Spectrum Electrical IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.01x | 1.99x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.58x | 0.56x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.30x | 1.27x |
