Comparison between Insolation Energy IPO and Maagh Advertising IPO.
IPO Details
Insolation Energy IPO is a SME Fixed Price IPO proposed to list at BSE SME while Maagh Advertising IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Insolation Energy IPO is up to ₹21.04 Cr whereas the issue size of the Maagh Advertising IPO is up to ₹8.66 Cr. The final issue price of Insolation Energy IPO is ₹38.00 per share and of Maagh Advertising IPO is ₹60.00 per share.
IPO Timetable
Insolation Energy IPO opens on Sep 26, 2022, while Maagh Advertising IPO opens on Sep 26, 2022. The closing date of Insolation Energy IPO and Maagh Advertising IPO is Sep 29, 2022, and Oct 04, 2022, respectively.
| | Insolation Energy IPO | Maagh Advertising IPO |
|---|
| Issue Open | Sep 26, 2022 | Sep 26, 2022 |
| Issue Close | Sep 29, 2022 | Oct 04, 2022 |
| Basis Of Allotment (Tentative) | Oct 04, 2022 | Oct 10, 2022 |
| Initiation of Refunds (Tentative) | Oct 06, 2022 | Oct 11, 2022 |
| Credit of Share (Tentative) | Oct 07, 2022 | Oct 12, 2022 |
| Listing date (Tentative) | Oct 10, 2022 | Oct 13, 2022 |
Financials & KPIs
Insolation Energy IPO P/E ratio is 11.41, as compared to Maagh Advertising IPO P/E ratio of 37.5.
Shares Offered
In the Insolation Energy IPO Retail Individual Investors (RII) are offered 27,69,000 shares while in Maagh Advertising IPO retail investors are offered 27,69,000 shares. Qualified Institutional Buyers (QIB) are offered in Insolation Energy IPO and in Maagh Advertising IPO.
| | Insolation Energy IPO | Maagh Advertising IPO |
|---|
| Market Maker Reservation | 2,94,000 shares | 76,000 shares |
| NII | 27,69,000 shares | 7,22,000 shares |
| RII | 27,69,000 shares | 7,22,000 shares |
| Total | 55,38,000 shares | 14,44,000 shares |
Bids Received (Subscription)
Insolation Energy IPO subscribed 192.79x in total, whereas Maagh Advertising IPO subscribed 1.18x.
