Comparison between ITCONS E-Solutions IPO and Patron Exim IPO.
IPO Details
ITCONS E-Solutions IPO is a SME Fixed Price IPO proposed to list at BSE SME while Patron Exim IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of ITCONS E-Solutions IPO is up to ₹8.23 Cr whereas the issue size of the Patron Exim IPO is up to ₹15.83 Cr. The final issue price of ITCONS E-Solutions IPO is ₹51.00 per share and of Patron Exim IPO is ₹27.00 per share.
IPO Timetable
ITCONS E-Solutions IPO opens on Feb 28, 2023, while Patron Exim IPO opens on Feb 21, 2023. The closing date of ITCONS E-Solutions IPO and Patron Exim IPO is Mar 02, 2023, and Feb 24, 2023, respectively.
| | ITCONS E-Solutions IPO | Patron Exim IPO |
|---|
| Issue Open | Feb 28, 2023 | Feb 21, 2023 |
| Issue Close | Mar 02, 2023 | Feb 24, 2023 |
| Basis Of Allotment (Tentative) | Mar 08, 2023 | Mar 01, 2023 |
| Initiation of Refunds (Tentative) | Mar 09, 2023 | Mar 02, 2023 |
| Credit of Share (Tentative) | Mar 10, 2023 | Mar 03, 2023 |
| Listing date (Tentative) | Mar 13, 2023 | Mar 06, 2023 |
Financials & KPIs
ITCONS E-Solutions IPO P/E ratio is 12.09, as compared to Patron Exim IPO P/E ratio of 28.72.
Shares Offered
In the ITCONS E-Solutions IPO Retail Individual Investors (RII) are offered 8,08,000 shares while in Patron Exim IPO retail investors are offered 8,08,000 shares. Qualified Institutional Buyers (QIB) are offered in ITCONS E-Solutions IPO and in Patron Exim IPO.
| | ITCONS E-Solutions IPO | Patron Exim IPO |
|---|
| Market Maker Reservation | 86,000 shares | 3,16,000 shares |
| NII | 8,06,000 shares | 29,32,000 shares |
| RII | 8,08,000 shares | 29,32,000 shares |
| Total | 16,14,000 shares | 58,64,000 shares |
Bids Received (Subscription)
ITCONS E-Solutions IPO subscribed 16.79x in total, whereas Patron Exim IPO subscribed 1.07x.
