Comparison between D.P.Abhushan IPO and IRIS Business Services IPO.
D.P.Abhushan 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.
| D.P.Abhushan 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 | Hem Securities Ltd. | Pantomath Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.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 D.P.Abhushan IPO is up to ₹15.77 Cr whereas the issue size of the IRIS Business Services IPO is up to ₹15.18 Cr. The final issue price of D.P.Abhushan IPO is ₹28.00 per share and of IRIS Business Services IPO is ₹32.00 per share.
| D.P.Abhushan IPO | IRIS Business Services IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹28.00 per share | ₹32.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 4000 shares |
| Fresh Issue Size | 56,32,000 shares | 47,44,000 shares |
| Fresh Issue Size (Amount) | up to ₹15.77 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 | 56,32,000 shares | 47,44,000 shares |
| Issue Size Total (Amount) | up to ₹15.77 Cr | up to ₹15.18 Cr |
D.P.Abhushan IPO opens on Oct 09, 2017, while IRIS Business Services IPO opens on Sep 29, 2017. The closing date of D.P.Abhushan IPO and IRIS Business Services IPO is Oct 11, 2017, and Oct 04, 2017, respectively.
| D.P.Abhushan IPO | IRIS Business Services IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Oct 09, 2017 | Sep 29, 2017 |
| Issue Close | Oct 11, 2017 | Oct 04, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Oct 23, 2017 | Oct 11, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
D.P.Abhushan IPO P/E ratio is , as compared to IRIS Business Services IPO P/E ratio of .
| D.P.Abhushan IPO | IRIS Business Services IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹62.31 Cr. | ₹60.41 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the D.P.Abhushan IPO Retail Individual Investors (RII) are offered 28,16,000 shares while in IRIS Business Services IPO retail investors are offered 28,16,000 shares. Qualified Institutional Buyers (QIB) are offered in D.P.Abhushan IPO and in IRIS Business Services IPO.
| D.P.Abhushan IPO | IRIS Business Services IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 3,00,000 shares | 2,60,000 shares |
| QIB | ||
| NII | 28,16,000 shares | 23,72,000 shares |
| RII | 28,16,000 shares | 23,72,000 shares |
| Employee | ||
| Others | ||
| Total | 56,32,000 shares | 47,44,000 shares |
D.P.Abhushan IPO subscribed 41.60x in total, whereas IRIS Business Services IPO subscribed 2.39x.
| D.P.Abhushan IPO | IRIS Business Services IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 67.95x | 4.21x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 15.24x | 0.56x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 41.60x | 2.39x |
