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Insolation Energy IPO vs Maks Energy Solutions IPO

Comparison between Insolation Energy IPO and Maks Energy Solutions IPO.

IPO Details

Insolation Energy IPO is a SME Fixed Price IPO proposed to list at BSE SME while Maks Energy Solutions IPO is a SME Fixed Price proposed to list at NSE SME.

 Insolation Energy IPOMaks Energy Solutions IPO
LogoInsolation Energy IPO LogoMaks Energy Solutions IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtBSE SMENSE SME
Lead ManagersHolani Consultants Pvt.Ltd.Sun Capital Advisory Services Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerHolani Consultants Pvt.Ltd.NNM Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Insolation Energy IPO is up to ₹21.04 Cr whereas the issue size of the Maks Energy Solutions IPO is up to ₹3.79 Cr. The final issue price of Insolation Energy IPO is ₹38.00 per share and of Maks Energy Solutions IPO is ₹20.00 per share.

 Insolation Energy IPOMaks Energy Solutions IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹36.00 per share
Issue Price (Upper)₹38.00 per share
Issue Price (Final)₹38.00 per share₹20.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares6000 shares
Fresh Issue Size55,38,000 shares18,96,000 shares
Fresh Issue Size (Amount)up to ₹21.04 Crup to ₹3.79 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total55,38,000 shares18,96,000 shares
Issue Size Total (Amount)up to ₹21.04 Crup to ₹3.79 Cr

IPO Timetable

Insolation Energy IPO opens on Sep 26, 2022, while Maks Energy Solutions IPO opens on Sep 16, 2022. The closing date of Insolation Energy IPO and Maks Energy Solutions IPO is Sep 29, 2022, and Sep 20, 2022, respectively.

 Insolation Energy IPOMaks Energy Solutions IPO
Anchor Bid Date
Issue OpenSep 26, 2022Sep 16, 2022
Issue CloseSep 29, 2022Sep 20, 2022
Basis Of Allotment (Tentative)Oct 04, 2022Sep 23, 2022
Initiation of Refunds (Tentative)Oct 06, 2022Sep 26, 2022
Credit of Share (Tentative)Oct 07, 2022Sep 26, 2022
Listing date (Tentative)Oct 10, 2022Sep 28, 2022
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Insolation Energy IPO P/E ratio is 11.41, as compared to Maks Energy Solutions IPO P/E ratio of .

 Insolation Energy IPOMaks Energy Solutions IPO
Financials
Insolation Energy Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxReserves and Surplus
31-Mar-202642.448879.37309.25580.05
31-Mar-215045.0416272.92689.721269.77
31-Mar-226668.0321539.13692.2711.97
Amount in ₹ Lakhs
Maks Energy Solutions India Ltd Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-204230.544335.03168.77
31-Mar-214114.732091.75-0.8
31-Mar-223586.582824.6651.34
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)97100.00
Promoter Shareholding (Post-Issue)71.19
P/E Ratio11.41
Market Cap₹79.16 Cr.₹13.87 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Insolation Energy IPO Retail Individual Investors (RII) are offered 27,69,000 shares while in Maks Energy Solutions IPO retail investors are offered 27,69,000 shares. Qualified Institutional Buyers (QIB) are offered in Insolation Energy IPO and in Maks Energy Solutions IPO.

 Insolation Energy IPOMaks Energy Solutions IPO
Anchor Investor Reserveration
Market Maker Reserveration2,94,000 shares1,02,000 shares
QIB
NII27,69,000 shares9,48,000 shares
RII27,69,000 shares9,48,000 shares
Employee
Others
Total55,38,000 shares18,96,000 shares

Bids Received (Subscription)

Insolation Energy IPO subscribed 192.79x in total, whereas Maks Energy Solutions IPO subscribed 26.31x.

 Insolation Energy IPOMaks Energy Solutions IPO
QIB (times)
NII (times)150.02x36.20x
Big NII (times)
Small NII (times)
RII (times)235.55x16.43x
Employee (times)
Other (times)
Total (times)192.79x26.31x