ProStocks Logo
Unlimited Trades ₹899 Monthly
www.ProStocks.com
Contact us

IRIS Business Services IPO vs Shreeji Translogistics IPO

Comparison between IRIS Business Services IPO and Shreeji Translogistics IPO.

IPO Details

IRIS Business Services IPO is a SME Fixed Price IPO proposed to list at BSE SME while Shreeji Translogistics IPO is a SME Fixed Price proposed to list at BSE SME.

 IRIS Business Services IPOShreeji Translogistics IPO
LogoIRIS Business Services IPO LogoShreeji Translogistics IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersPantomath Capital Advisors Pvt.Ltd.Aryaman Financial Services Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerAsit C.Mehta Investment Interrmediates Ltd.Aryaman Capital Markets 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 IRIS Business Services IPO is up to ₹15.18 Cr whereas the issue size of the Shreeji Translogistics IPO is up to ₹11.78 Cr. The final issue price of IRIS Business Services IPO is ₹32.00 per share and of Shreeji Translogistics IPO is ₹130.00 per share.

 IRIS Business Services IPOShreeji Translogistics IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹32.00 per share₹130.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares1000 shares
Fresh Issue Size47,44,000 shares1,56,000 shares
Fresh Issue Size (Amount)up to ₹15.18 Crup to ₹2.03 Cr
OFS Issue Size0 shares7,50,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹9.75 Cr
Issue Size Total47,44,000 shares9,06,000 shares
Issue Size Total (Amount)up to ₹15.18 Crup to ₹11.78 Cr

IPO Timetable

IRIS Business Services IPO opens on Sep 29, 2017, while Shreeji Translogistics IPO opens on Sep 29, 2017. The closing date of IRIS Business Services IPO and Shreeji Translogistics IPO is Oct 04, 2017, and Oct 05, 2017, respectively.

 IRIS Business Services IPOShreeji Translogistics IPO
Issue OpenSep 29, 2017Sep 29, 2017
Issue CloseOct 04, 2017Oct 05, 2017
Basis Of Allotment (Tentative)Oct 09, 2017Oct 10, 2017
Listing date (Tentative)Oct 11, 2017Oct 13, 2017

Financials & KPIs

IRIS Business Services IPO P/E ratio is , as compared to Shreeji Translogistics IPO P/E ratio of .

 IRIS Business Services IPOShreeji Translogistics IPO
Financials

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

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets48.1239.5641.99
Total Income87.7588.4693.16
Profit After Tax1.581.040.47
NET Worth14.6513.0712.03
Reserves and Surplus11.3612.1311.09
Total Borrowing22.4718.9020.79
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)53.46%100%
Promoter Shareholding (Post-Issue)39.29%72.70%
Market Cap₹60.41 Cr.₹45.42 Cr.

Shares Offered

In the IRIS Business Services IPO Retail Individual Investors (RII) are offered 23,72,000 shares while in Shreeji Translogistics 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 Shreeji Translogistics IPO.

 IRIS Business Services IPOShreeji Translogistics IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,60,000 shares48,000 shares
QIB0 shares0 shares
NII23,72,000 shares4,53,000 shares
RII23,72,000 shares4,53,000 shares
Employee0 shares0 shares
Total47,44,000 shares9,06,000 shares

Bids Received (Subscription)

IRIS Business Services IPO subscribed 2.39x in total, whereas Shreeji Translogistics IPO subscribed 1.25x.

 IRIS Business Services IPOShreeji Translogistics IPO
NII (times)4.21x1.49x
RII (times)0.56x1.00x
Total (times)2.39x1.25x

Compare with others

IRIS Business Services IPOShreeji Translogistics IPO
SecUR Credentials IPOD.P.Abhushan IPO
Sheetal Cool Products IPOOmfurn India IPO
Kaarya Facilities IPOIRIS Business Services IPO
D.P.Abhushan IPOCMM Infraprojects IPO
Omfurn India IPOBeta Drugs IPO
CMM Infraprojects IPOMilton Industries IPO
Beta Drugs IPOSiddharth Education IPO
Shreeji Translogistics IPOShree Ganesh Remedies IPO
Milton Industries IPOTirupati Forge IPO
Siddharth Education IPOJash Engineering IPO

Compare:

IRIS Business Services IPO Vs Shreeji Translogistics IPO