Comparison between Insolation Energy IPO and QMS Medical IPO.
IPO Details
Insolation Energy IPO is a SME Fixed Price IPO proposed to list at BSE SME while QMS Medical IPO is a SME Fixed Price proposed to list at NSE 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 QMS Medical IPO is up to ₹54.01 Cr. The final issue price of Insolation Energy IPO is ₹38.00 per share and of QMS Medical IPO is ₹121.00 per share.
| | Insolation Energy IPO | QMS Medical 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 | ₹121.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 3000 shares | 1000 shares |
| Fresh Issue Size | 55,38,000 shares | 25,64,000 shares |
| Fresh Issue Size (Amount) | up to ₹21.04 Cr | up to ₹31.02 Cr |
| OFS Issue Size | 0 shares | 19,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹22.99 Cr |
| Issue Size Total | 55,38,000 shares | 44,64,000 shares |
| Issue Size Total (Amount) | up to ₹21.04 Cr | up to ₹54.01 Cr |
IPO Timetable
Insolation Energy IPO opens on Sep 26, 2022, while QMS Medical IPO opens on Sep 27, 2022. The closing date of Insolation Energy IPO and QMS Medical IPO is Sep 29, 2022, and Sep 30, 2022, respectively.
| | Insolation Energy IPO | QMS Medical IPO |
|---|
| Issue Open | Sep 26, 2022 | Sep 27, 2022 |
| Issue Close | Sep 29, 2022 | Sep 30, 2022 |
| Basis Of Allotment (Tentative) | Oct 04, 2022 | Oct 06, 2022 |
| Initiation of Refunds (Tentative) | Oct 06, 2022 | Oct 07, 2022 |
| Credit of Share (Tentative) | Oct 07, 2022 | Oct 10, 2022 |
| Listing date (Tentative) | Oct 10, 2022 | Oct 11, 2022 |
Financials & KPIs
Insolation Energy IPO P/E ratio is 11.41, as compared to QMS Medical IPO P/E ratio of 20.1.
Shares Offered
In the Insolation Energy IPO Retail Individual Investors (RII) are offered 27,69,000 shares while in QMS Medical IPO retail investors are offered 27,69,000 shares. Qualified Institutional Buyers (QIB) are offered in Insolation Energy IPO and 0 shares in QMS Medical IPO.
| | Insolation Energy IPO | QMS Medical IPO |
|---|
| Anchor Investor Reservation | | 0 shares |
| Market Maker Reservation | 2,94,000 shares | 2,36,000 shares |
| QIB | | 0 shares |
| NII | 27,69,000 shares | 22,32,000 shares |
| RII | 27,69,000 shares | 22,32,000 shares |
| Employee | | 0 shares |
| Total | 55,38,000 shares | 44,64,000 shares |
Bids Received (Subscription)
Insolation Energy IPO subscribed 192.79x in total, whereas QMS Medical IPO subscribed 0.88x.
