Comparison between CMM Infraprojects IPO and IRIS Business Services IPO.
CMM Infraprojects IPO is a SME Fixed Price IPO proposed to list at NSE SME while IRIS Business Services IPO is a SME Fixed Price proposed to list at BSE SME.
| CMM Infraprojects IPO | IRIS Business Services IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Systematix Corporate Services Ltd. | Pantomath Capital Advisors Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Systematix Shares & Stocks (India) Ltd. | Asit C.Mehta Investment Interrmediates Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of CMM Infraprojects IPO is up to ₹17.27 Cr whereas the issue size of the IRIS Business Services IPO is up to ₹15.18 Cr. The final issue price of CMM Infraprojects IPO is ₹40.00 per share and of IRIS Business Services IPO is ₹32.00 per share.
| CMM Infraprojects IPO | IRIS Business Services IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹40.00 per share | ₹32.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 4000 shares |
| Fresh Issue Size | 43,17,000 shares | 47,44,000 shares |
| Fresh Issue Size (Amount) | up to ₹17.27 Cr | up to ₹15.18 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 43,17,000 shares | 47,44,000 shares |
| Issue Size Total (Amount) | up to ₹17.27 Cr | up to ₹15.18 Cr |
CMM Infraprojects IPO opens on Sep 29, 2017, while IRIS Business Services IPO opens on Sep 29, 2017. The closing date of CMM Infraprojects IPO and IRIS Business Services IPO is Oct 04, 2017, and Oct 04, 2017, respectively.
| CMM Infraprojects IPO | IRIS Business Services IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 29, 2017 | Sep 29, 2017 |
| Issue Close | Oct 04, 2017 | Oct 04, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Oct 12, 2017 | Oct 11, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
CMM Infraprojects IPO P/E ratio is , as compared to IRIS Business Services IPO P/E ratio of .
| CMM Infraprojects IPO | IRIS Business Services IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹62.69 Cr. | ₹60.41 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the CMM Infraprojects IPO Retail Individual Investors (RII) are offered 21,60,000 shares while in IRIS Business Services IPO retail investors are offered 21,60,000 shares. Qualified Institutional Buyers (QIB) are offered in CMM Infraprojects IPO and in IRIS Business Services IPO.
| CMM Infraprojects IPO | IRIS Business Services IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,28,000 shares | 2,60,000 shares |
| QIB | ||
| NII | 21,57,000 shares | 23,72,000 shares |
| RII | 21,60,000 shares | 23,72,000 shares |
| Employee | ||
| Others | ||
| Total | 43,17,000 shares | 47,44,000 shares |
CMM Infraprojects IPO subscribed 1.71x in total, whereas IRIS Business Services IPO subscribed 2.39x.
| CMM Infraprojects IPO | IRIS Business Services IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.68x | 4.21x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.74x | 0.56x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.71x | 2.39x |
