Comparison between IRIS Business Services IPO and Kaarya Facilities IPO.
IPO Details
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.
Issue Size and Price
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.
IPO Timetable
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.
Financials & KPIs
IRIS Business Services IPO P/E ratio is , as compared to Kaarya Facilities IPO P/E ratio of .
Shares Offered
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 0 shares in IRIS Business Services IPO and 0 shares in Kaarya Facilities IPO.
| | IRIS Business Services IPO | Kaarya Facilities IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 2,60,000 shares | 81,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 23,72,000 shares | 7,59,000 shares |
| RII | 23,72,000 shares | 7,59,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 47,44,000 shares | 15,18,000 shares |
Bids Received (Subscription)
IRIS Business Services IPO subscribed 2.39x in total, whereas Kaarya Facilities IPO subscribed 18.90x.
