Comparison between Ishan International IPO and Sabar Flex IPO.
IPO Details
Ishan International IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sabar Flex IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Ishan International IPO is up to ₹17.28 Cr whereas the issue size of the Sabar Flex IPO is up to ₹4.25 Cr. The final issue price of Ishan International IPO is ₹80.00 per share and of Sabar Flex IPO is ₹11.00 per share.
IPO Timetable
Ishan International IPO opens on Sep 09, 2022, while Sabar Flex IPO opens on Sep 08, 2022. The closing date of Ishan International IPO and Sabar Flex IPO is Sep 14, 2022, and Sep 13, 2022, respectively.
| | Ishan International IPO | Sabar Flex IPO |
|---|
| Issue Open | Sep 09, 2022 | Sep 08, 2022 |
| Issue Close | Sep 14, 2022 | Sep 13, 2022 |
| Basis Of Allotment (Tentative) | Sep 19, 2022 | Sep 16, 2022 |
| Initiation of Refunds (Tentative) | Sep 20, 2022 | Sep 19, 2022 |
| Credit of Share (Tentative) | Sep 21, 2022 | Sep 20, 2022 |
| Listing date (Tentative) | Sep 22, 2022 | Sep 21, 2022 |
Financials & KPIs
Ishan International IPO P/E ratio is 38.09, as compared to Sabar Flex IPO P/E ratio of 9.48.
Shares Offered
In the Ishan International IPO Retail Individual Investors (RII) are offered 10,80,000 shares while in Sabar Flex IPO retail investors are offered 10,80,000 shares. Qualified Institutional Buyers (QIB) are offered in Ishan International IPO and in Sabar Flex IPO.
| | Ishan International IPO | Sabar Flex IPO |
|---|
| Market Maker Reservation | 1,20,000 shares | 2,10,000 shares |
| NII | 10,80,000 shares | 19,30,000 shares |
| RII | 10,80,000 shares | 19,30,000 shares |
| Total | 21,60,000 shares | 38,60,000 shares |
Bids Received (Subscription)
Ishan International IPO subscribed 1.62x in total, whereas Sabar Flex IPO subscribed 85.47x.