IRIS Clothings IPO vs Ultra Wiring Connectivity IPO

Comparison between IRIS Clothings IPO and Ultra Wiring Connectivity IPO.

IPO Details

IRIS Clothings IPO is a SME Fixed Price IPO proposed to list at NSE SME while Ultra Wiring Connectivity IPO is a SME Fixed Price proposed to list at NSE 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 Ultra Wiring Connectivity IPO is up to ₹4.56 Cr. The final issue price of IRIS Clothings IPO is ₹90.00 per share and of Ultra Wiring Connectivity IPO is ₹35.00 per share.

 IRIS Clothings IPOUltra Wiring Connectivity IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹90.00 per share₹35.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1600 shares4000 shares
Fresh Issue Size11,68,000 shares13,04,000 shares
Fresh Issue Size (Amount)up to ₹10.51 Crup to ₹4.56 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total11,68,000 shares13,04,000 shares
Issue Size Total (Amount)up to ₹10.51 Crup to ₹4.56 Cr

IPO Timetable

IRIS Clothings IPO opens on Oct 10, 2018, while Ultra Wiring Connectivity IPO opens on Oct 12, 2018. The closing date of IRIS Clothings IPO and Ultra Wiring Connectivity IPO is Oct 12, 2018, and Oct 17, 2018, respectively.

 IRIS Clothings IPOUltra Wiring Connectivity IPO
Issue OpenOct 10, 2018Oct 12, 2018
Issue CloseOct 12, 2018Oct 17, 2018
Basis Of Allotment (Tentative)Oct 17, 2018Oct 23, 2018
Initiation of Refunds (Tentative)Oct 17, 2018
Credit of Share (Tentative)Oct 19, 2018
Listing date (Tentative)Oct 23, 2018Oct 26, 2018

Financials & KPIs

IRIS Clothings IPO P/E ratio is , as compared to Ultra Wiring Connectivity IPO P/E ratio of .

 IRIS Clothings IPOUltra Wiring Connectivity 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 Standalone)

Period Ended31 May 201831 Mar 201831 Mar 201731 Mar 2016
Assets18.6218.4515.2513.84
Total Income3.4917.8715.1813.94
Profit After Tax0.241.180.750.57
NET Worth6.225.984.794.05
Reserves and Surplus2.392.154.453.70
Total Borrowing3.273.273.522.98
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)91.57%99.99%
Promoter Shareholding (Post-Issue)67.4%73.55%
Market Cap₹41.95 Cr.₹18.21 Cr.

Shares Offered

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

 IRIS Clothings IPOUltra Wiring Connectivity IPO
Anchor Investor Reservation0 shares
Market Maker Reservation62,400 shares72,000 shares
QIB0 shares
NII5,84,000 shares6,52,000 shares
RII5,84,000 shares6,52,000 shares
Employee0 shares
Total11,68,000 shares13,04,000 shares

Bids Received (Subscription)

IRIS Clothings IPO subscribed 1.14x in total, whereas Ultra Wiring Connectivity IPO subscribed 1.94x.

Compare with others

Compare:

IRIS Clothings IPO Vs Ultra Wiring Connectivity IPO