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CMM Infraprojects IPO vs IRIS Business Services IPO

Comparison between CMM Infraprojects IPO and IRIS Business Services IPO.

IPO Details

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 IPOIRIS Business Services IPO
LogoCMM Infraprojects IPO LogoIRIS Business Services IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersSystematix Corporate Services Ltd.Pantomath Capital Advisors Pvt.Ltd.
RegistrarMUFG Intime India Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerSystematix Shares & Stocks (India) Ltd.Asit C.Mehta Investment Interrmediates Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

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 IPOIRIS Business Services IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹40.00 per share₹32.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares4000 shares
Fresh Issue Size43,17,000 shares47,44,000 shares
Fresh Issue Size (Amount)up to ₹17.27 Crup to ₹15.18 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total43,17,000 shares47,44,000 shares
Issue Size Total (Amount)up to ₹17.27 Crup to ₹15.18 Cr

IPO Timetable

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 IPOIRIS Business Services IPO
Issue OpenSep 29, 2017Sep 29, 2017
Issue CloseOct 04, 2017Oct 04, 2017
Basis Of Allotment (Tentative)Oct 10, 2017Oct 09, 2017
Listing date (Tentative)Oct 12, 2017Oct 11, 2017

Financials & KPIs

CMM Infraprojects IPO P/E ratio is , as compared to IRIS Business Services IPO P/E ratio of .

 CMM Infraprojects IPOIRIS Business Services IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets106.31102.9372.67
Total Income202.24178.77145.28
Profit After Tax6.242.291.93
NET Worth27.5921.3519.06
Reserves and Surplus24.8118.5616.28
Total Borrowing36.9332.8318.65
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets60.4963.9863.26
Total Income27.3432.7755.72
Profit After Tax-9.04-6.713.38
NET Worth19.9229.9335.68
Reserves and Surplus12.9922.9928.74
Total Borrowing15.2615.426.73
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)71.33%53.46%
Promoter Shareholding (Post-Issue)47.35%39.29%
Market Cap₹62.69 Cr.₹60.41 Cr.

Shares Offered

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 0 shares in CMM Infraprojects IPO and 0 shares in IRIS Business Services IPO.

 CMM Infraprojects IPOIRIS Business Services IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,28,000 shares2,60,000 shares
QIB0 shares0 shares
NII21,57,000 shares23,72,000 shares
RII21,60,000 shares23,72,000 shares
Employee0 shares0 shares
Total43,17,000 shares47,44,000 shares

Bids Received (Subscription)

CMM Infraprojects IPO subscribed 1.71x in total, whereas IRIS Business Services IPO subscribed 2.39x.

 CMM Infraprojects IPOIRIS Business Services IPO
NII (times)1.68x4.21x
RII (times)1.74x0.56x
Total (times)1.71x2.39x

Compare with others

CMM Infraprojects IPOIRIS Business Services IPO
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Kaarya Facilities IPOSheetal Cool Products IPO
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IRIS Business Services IPOOmfurn India IPO
Beta Drugs IPOCMM Infraprojects IPO
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Compare:

CMM Infraprojects IPO Vs IRIS Business Services IPO