Comparison between Insolation Energy IPO and Tapi Fruit Processing IPO.
IPO Details
Insolation Energy IPO is a SME Fixed Price IPO proposed to list at BSE SME while Tapi Fruit Processing 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 Tapi Fruit Processing IPO is up to ₹4.92 Cr. The final issue price of Insolation Energy IPO is ₹38.00 per share and of Tapi Fruit Processing IPO is ₹48.00 per share.
IPO Timetable
Insolation Energy IPO opens on Sep 26, 2022, while Tapi Fruit Processing IPO opens on Sep 12, 2022. The closing date of Insolation Energy IPO and Tapi Fruit Processing IPO is Sep 29, 2022, and Sep 14, 2022, respectively.
| | Insolation Energy IPO | Tapi Fruit Processing IPO |
|---|
| Issue Open | Sep 26, 2022 | Sep 12, 2022 |
| Issue Close | Sep 29, 2022 | Sep 14, 2022 |
| Basis Of Allotment (Tentative) | Oct 04, 2022 | Sep 19, 2022 |
| Initiation of Refunds (Tentative) | Oct 06, 2022 | Sep 20, 2022 |
| Credit of Share (Tentative) | Oct 07, 2022 | Sep 21, 2022 |
| Listing date (Tentative) | Oct 10, 2022 | Sep 22, 2022 |
Financials & KPIs
Insolation Energy IPO P/E ratio is 11.41, as compared to Tapi Fruit Processing IPO P/E ratio of 120.
Shares Offered
In the Insolation Energy IPO Retail Individual Investors (RII) are offered 27,69,000 shares while in Tapi Fruit Processing IPO retail investors are offered 27,69,000 shares. Qualified Institutional Buyers (QIB) are offered in Insolation Energy IPO and in Tapi Fruit Processing IPO.
| | Insolation Energy IPO | Tapi Fruit Processing IPO |
|---|
| Market Maker Reservation | 2,94,000 shares | 60,000 shares |
| NII | 27,69,000 shares | 5,13,000 shares |
| RII | 27,69,000 shares | 5,13,000 shares |
| Total | 55,38,000 shares | 10,26,000 shares |
Bids Received (Subscription)
Insolation Energy IPO subscribed 192.79x in total, whereas Tapi Fruit Processing IPO subscribed 2.62x.
