IRIS Clothings IPO vs Shree Krishna Infrastructure IPO

Comparison between IRIS Clothings IPO and Shree Krishna Infrastructure IPO.

IPO Details

IRIS Clothings IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shree Krishna Infrastructure 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 Shree Krishna Infrastructure IPO is up to ₹1.11 Cr. The final issue price of IRIS Clothings IPO is ₹90.00 per share and of Shree Krishna Infrastructure IPO is ₹13.00 per share.

 IRIS Clothings IPOShree Krishna Infrastructure IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹90.00 per share₹13.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1600 shares10000 shares
Fresh Issue Size11,68,000 shares0 shares
Fresh Issue Size (Amount)up to ₹10.51 Crup to ₹0.00 Cr
OFS Issue Size0 shares8,50,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹1.11 Cr
Issue Size Total11,68,000 shares8,50,000 shares
Issue Size Total (Amount)up to ₹10.51 Crup to ₹1.11 Cr

IPO Timetable

IRIS Clothings IPO opens on Oct 10, 2018, while Shree Krishna Infrastructure IPO opens on Nov 15, 2018. The closing date of IRIS Clothings IPO and Shree Krishna Infrastructure IPO is Oct 12, 2018, and Nov 22, 2018, respectively.

Financials & KPIs

IRIS Clothings IPO P/E ratio is , as compared to Shree Krishna Infrastructure IPO P/E ratio of .

 IRIS Clothings IPOShree Krishna Infrastructure IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 201831 Mar 201831 Mar 201731 Mar 2016
Assets40.4339.7931.8226.61
Total Income14.8553.1046.8936.99
Profit After Tax1.173.381.600.65
Reserves and Surplus10.237.323.742.14
Total Borrowing17.262.1016.5913.66
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Jun 201831 Mar 201831 Mar 201731 Mar 2016
Assets4.143.922.632.46
Total Income0.330.770.610.58
Profit After Tax0.010.040.010.03
Reserves and Surplus0.850.840.650.52
Total Borrowing0.20
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)91.57%62.29%
Promoter Shareholding (Post-Issue)67.4%32.29%
Market Cap₹41.95 Cr.₹3.90 Cr.

Shares Offered

In the IRIS Clothings IPO Retail Individual Investors (RII) are offered 5,84,000 shares while in Shree Krishna Infrastructure IPO retail investors are offered 5,84,000 shares. Qualified Institutional Buyers (QIB) are offered in IRIS Clothings IPO and 0 shares in Shree Krishna Infrastructure IPO.

 IRIS Clothings IPOShree Krishna Infrastructure IPO
Anchor Investor Reservation0 shares
Market Maker Reservation62,400 shares50,000 shares
QIB0 shares
NII5,84,000 shares4,20,000 shares
RII5,84,000 shares4,30,000 shares
Employee0 shares
Total11,68,000 shares8,50,000 shares

Bids Received (Subscription)

IRIS Clothings IPO subscribed 1.14x in total, whereas Shree Krishna Infrastructure IPO subscribed 2.93x.

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IRIS Clothings IPO Vs Shree Krishna Infrastructure IPO