Comparison between IRIS Business Services IPO and Kaarya Facilities IPO.
IRIS Business Services IPO is a SME Fixed Price IPO proposed to list at BSE SME while Kaarya Facilities IPO is a SME Fixed Price proposed to list at BSE SME.
| IRIS Business Services IPO | Kaarya Facilities IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Pantomath Capital Advisors Pvt.Ltd. | First Overseas Capital Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Asit C.Mehta Investment Interrmediates Ltd. | K.K.Securities 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 IRIS Business Services IPO is up to ₹15.18 Cr whereas the issue size of the Kaarya Facilities IPO is up to ₹6.07 Cr. The final issue price of IRIS Business Services IPO is ₹32.00 per share and of Kaarya Facilities IPO is ₹40.00 per share.
| IRIS Business Services IPO | Kaarya Facilities IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹32.00 per share | ₹40.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 3000 shares |
| Fresh Issue Size | 47,44,000 shares | 15,18,000 shares |
| Fresh Issue Size (Amount) | up to ₹15.18 Cr | up to ₹6.07 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 | 47,44,000 shares | 15,18,000 shares |
| Issue Size Total (Amount) | up to ₹15.18 Cr | up to ₹6.07 Cr |
IRIS Business Services IPO opens on Sep 29, 2017, while Kaarya Facilities IPO opens on Oct 12, 2017. The closing date of IRIS Business Services IPO and Kaarya Facilities IPO is Oct 04, 2017, and Oct 17, 2017, respectively.
| IRIS Business Services IPO | Kaarya Facilities IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 29, 2017 | Oct 12, 2017 |
| Issue Close | Oct 04, 2017 | Oct 17, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Oct 11, 2017 | Oct 27, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
IRIS Business Services IPO P/E ratio is , as compared to Kaarya Facilities IPO P/E ratio of .
| IRIS Business Services IPO | Kaarya Facilities IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹60.41 Cr. | ₹18.70 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the IRIS Business Services IPO Retail Individual Investors (RII) are offered 23,72,000 shares while in Kaarya Facilities IPO retail investors are offered 23,72,000 shares. Qualified Institutional Buyers (QIB) are offered in IRIS Business Services IPO and in Kaarya Facilities IPO.
| IRIS Business Services IPO | Kaarya Facilities IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,60,000 shares | 81,000 shares |
| QIB | ||
| NII | 23,72,000 shares | 7,59,000 shares |
| RII | 23,72,000 shares | 7,59,000 shares |
| Employee | ||
| Others | ||
| Total | 47,44,000 shares | 15,18,000 shares |
IRIS Business Services IPO subscribed 2.39x in total, whereas Kaarya Facilities IPO subscribed 18.90x.
| IRIS Business Services IPO | Kaarya Facilities IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 4.21x | 14.97x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.56x | 22.83x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.39x | 18.90x |
