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.
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.
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 IPO | Spectrum Electrical IPO |
|---|
| Issue Open | Sep 24, 2018 | Sep 17, 2018 |
| Issue Close | Sep 26, 2018 | Sep 21, 2018 |
| Basis Of Allotment (Tentative) | Oct 01, 2018 | Sep 26, 2018 |
| Initiation of Refunds (Tentative) | Oct 03, 2018 | |
| Credit of Share (Tentative) | Oct 04, 2018 | |
| Listing date (Tentative) | Oct 05, 2018 | Oct 01, 2018 |
Financials & KPIs
Innovative Ideals IPO P/E ratio is , as compared to Spectrum Electrical IPO P/E ratio of .
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 0 shares in Innovative Ideals IPO and 0 shares in Spectrum Electrical IPO.
| | Innovative Ideals IPO | Spectrum Electrical IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,56,000 shares | 2,00,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 14,55,000 shares | 18,90,000 shares |
| RII | 14,55,000 shares | 18,90,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 29,10,000 shares | 37,80,000 shares |
Bids Received (Subscription)
Innovative Ideals IPO subscribed 1.30x in total, whereas Spectrum Electrical IPO subscribed 1.27x.
