Comparison between IRIS Clothings IPO and S.M.Gold IPO.
IPO Details
IRIS Clothings IPO is a SME Fixed Price IPO proposed to list at NSE SME while S.M.Gold IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of IRIS Clothings IPO is up to ₹10.51 Cr whereas the issue size of the S.M.Gold IPO is up to ₹7.10 Cr. The final issue price of IRIS Clothings IPO is ₹90.00 per share and of S.M.Gold IPO is ₹30.00 per share.
IPO Timetable
IRIS Clothings IPO opens on Oct 10, 2018, while S.M.Gold IPO opens on Oct 03, 2018. The closing date of IRIS Clothings IPO and S.M.Gold IPO is Oct 12, 2018, and Oct 10, 2018, respectively.
| | IRIS Clothings IPO | S.M.Gold IPO |
|---|
| Issue Open | Oct 10, 2018 | Oct 03, 2018 |
| Issue Close | Oct 12, 2018 | Oct 10, 2018 |
| Basis Of Allotment (Tentative) | Oct 17, 2018 | Oct 15, 2018 |
| Initiation of Refunds (Tentative) | Oct 17, 2018 | |
| Credit of Share (Tentative) | Oct 19, 2018 | |
| Listing date (Tentative) | Oct 23, 2018 | Oct 19, 2018 |
Financials & KPIs
IRIS Clothings IPO P/E ratio is , as compared to S.M.Gold IPO P/E ratio of .
Shares Offered
In the IRIS Clothings IPO Retail Individual Investors (RII) are offered 5,84,000 shares while in S.M.Gold IPO retail investors are offered 5,84,000 shares. Qualified Institutional Buyers (QIB) are offered in IRIS Clothings IPO and 0 shares in S.M.Gold IPO.
| | IRIS Clothings IPO | S.M.Gold IPO |
|---|
| Anchor Investor Reservation | | 0 shares |
| Market Maker Reservation | 62,400 shares | 1,32,000 shares |
| QIB | | 0 shares |
| NII | 5,84,000 shares | 11,84,000 shares |
| RII | 5,84,000 shares | 11,84,000 shares |
| Employee | | 0 shares |
| Total | 11,68,000 shares | 23,68,000 shares |
Bids Received (Subscription)
IRIS Clothings IPO subscribed 1.14x in total, whereas S.M.Gold IPO subscribed 1.10x.
