Comparison between IRIS Business Services IPO and Sheetal Cool Products IPO.
IRIS Business Services IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sheetal Cool Products IPO is a SME Fixed Price proposed to list at BSE SME.
| IRIS Business Services IPO | Sheetal Cool Products 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. | Oneview Corporate Advisors Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Asit C.Mehta Investment Interrmediates Ltd. | Guiness 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 Sheetal Cool Products IPO is up to ₹22.66 Cr. The final issue price of IRIS Business Services IPO is ₹32.00 per share and of Sheetal Cool Products IPO is ₹80.00 per share.
| IRIS Business Services IPO | Sheetal Cool Products IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹32.00 per share | ₹80.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | |
| Fresh Issue Size | 47,44,000 shares | 28,32,000 shares |
| Fresh Issue Size (Amount) | up to ₹15.18 Cr | up to ₹22.66 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 | 28,32,000 shares |
| Issue Size Total (Amount) | up to ₹15.18 Cr | up to ₹22.66 Cr |
IRIS Business Services IPO opens on Sep 29, 2017, while Sheetal Cool Products IPO opens on Oct 16, 2017. The closing date of IRIS Business Services IPO and Sheetal Cool Products IPO is Oct 04, 2017, and Oct 18, 2017, respectively.
| IRIS Business Services IPO | Sheetal Cool Products IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 29, 2017 | Oct 16, 2017 |
| Issue Close | Oct 04, 2017 | Oct 18, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Oct 11, 2017 | Oct 30, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
IRIS Business Services IPO P/E ratio is , as compared to Sheetal Cool Products IPO P/E ratio of .
| IRIS Business Services IPO | Sheetal Cool Products IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹60.41 Cr. | ₹84.00 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 Sheetal Cool Products IPO retail investors are offered 23,72,000 shares. Qualified Institutional Buyers (QIB) are offered in IRIS Business Services IPO and in Sheetal Cool Products IPO.
| IRIS Business Services IPO | Sheetal Cool Products IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,60,000 shares | 1,68,000 shares |
| QIB | ||
| NII | 23,72,000 shares | 14,16,000 shares |
| RII | 23,72,000 shares | 14,16,000 shares |
| Employee | ||
| Others | ||
| Total | 47,44,000 shares | 28,32,000 shares |
IRIS Business Services IPO subscribed 2.39x in total, whereas Sheetal Cool Products IPO subscribed 33.03x.
| IRIS Business Services IPO | Sheetal Cool Products IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 4.21x | 49.11x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.56x | 16.95x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.39x | 33.03x |
