Comparison between Ishan International IPO and Maks Energy Solutions IPO.
Ishan International IPO is a SME Fixed Price IPO proposed to list at NSE SME while Maks Energy Solutions IPO is a SME Fixed Price proposed to list at NSE SME.
| Ishan International IPO | Maks Energy Solutions IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | First Overseas Capital Ltd. | Sun Capital Advisory Services Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | NNM Securities Pvt.Ltd. | NNM Securities Pvt.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 Ishan International IPO is up to ₹17.28 Cr whereas the issue size of the Maks Energy Solutions IPO is up to ₹3.79 Cr. The final issue price of Ishan International IPO is ₹80.00 per share and of Maks Energy Solutions IPO is ₹20.00 per share.
| Ishan International IPO | Maks Energy Solutions IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹80.00 per share | ₹20.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 6000 shares |
| Fresh Issue Size | 21,60,000 shares | 18,96,000 shares |
| Fresh Issue Size (Amount) | up to ₹17.28 Cr | up to ₹3.79 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 | 21,60,000 shares | 18,96,000 shares |
| Issue Size Total (Amount) | up to ₹17.28 Cr | up to ₹3.79 Cr |
Ishan International IPO opens on Sep 09, 2022, while Maks Energy Solutions IPO opens on Sep 16, 2022. The closing date of Ishan International IPO and Maks Energy Solutions IPO is Sep 14, 2022, and Sep 20, 2022, respectively.
| Ishan International IPO | Maks Energy Solutions IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 09, 2022 | Sep 16, 2022 |
| Issue Close | Sep 14, 2022 | Sep 20, 2022 |
| Basis Of Allotment (Tentative) | Sep 19, 2022 | Sep 23, 2022 |
| Initiation of Refunds (Tentative) | Sep 20, 2022 | Sep 26, 2022 |
| Credit of Share (Tentative) | Sep 21, 2022 | Sep 26, 2022 |
| Listing date (Tentative) | Sep 22, 2022 | Sep 28, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Ishan International IPO P/E ratio is 38.09, as compared to Maks Energy Solutions IPO P/E ratio of .
| Ishan International IPO | Maks Energy Solutions IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.61 | 100.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 65.21 | 71.19 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 38.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹57.66 Cr. | ₹13.87 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | -8.92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 29.07 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.13 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.58 | ₹-2.17 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21 | -9.34 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Ishan International IPO Retail Individual Investors (RII) are offered 10,80,000 shares while in Maks Energy Solutions IPO retail investors are offered 10,80,000 shares. Qualified Institutional Buyers (QIB) are offered in Ishan International IPO and in Maks Energy Solutions IPO.
| Ishan International IPO | Maks Energy Solutions IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,20,000 shares | 1,02,000 shares |
| QIB | ||
| NII | 10,80,000 shares | 9,48,000 shares |
| RII | 10,80,000 shares | 9,48,000 shares |
| Employee | ||
| Others | ||
| Total | 21,60,000 shares | 18,96,000 shares |
Ishan International IPO subscribed 1.62x in total, whereas Maks Energy Solutions IPO subscribed 26.31x.
| Ishan International IPO | Maks Energy Solutions IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.60x | 36.20x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.65x | 16.43x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.62x | 26.31x |
