Comparison between ITCONS E-Solutions IPO and Sealmatic India IPO.
IPO Details
ITCONS E-Solutions IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Sealmatic India IPO is a SME Bookbuilding 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 Sealmatic India IPO is up to ₹53.41 Cr. The final issue price of ITCONS E-Solutions IPO is ₹51.00 per share and of Sealmatic India IPO is ₹225.00 per share.
| | ITCONS E-Solutions IPO | Sealmatic India IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | | ₹220.00 per share |
| Issue Price (Upper) | | ₹225.00 per share |
| Issue Price (Final) | ₹51.00 per share | ₹225.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | | |
| Market Lot Size | 2000 shares | 600 shares |
| Fresh Issue Size | 16,14,000 shares | 17,24,000 shares |
| Fresh Issue Size (Amount) | up to ₹8.23 Cr | up to ₹38.79 Cr |
| OFS Issue Size | 0 shares | 6,49,600 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹14.62 Cr |
| Issue Size Total | 16,14,000 shares | 23,73,600 shares |
| Issue Size Total (Amount) | up to ₹8.23 Cr | up to ₹53.41 Cr |
IPO Timetable
ITCONS E-Solutions IPO opens on Feb 28, 2023, while Sealmatic India IPO opens on Feb 17, 2023. The closing date of ITCONS E-Solutions IPO and Sealmatic India IPO is Mar 02, 2023, and Feb 21, 2023, respectively.
| | ITCONS E-Solutions IPO | Sealmatic India IPO |
|---|
| Anchor Bid Date | | Feb 16, 2023 |
| Issue Open | Feb 28, 2023 | Feb 17, 2023 |
| Issue Close | Mar 02, 2023 | Feb 21, 2023 |
| Basis Of Allotment (Tentative) | Mar 08, 2023 | Feb 24, 2023 |
| Initiation of Refunds (Tentative) | Mar 09, 2023 | Feb 27, 2023 |
| Credit of Share (Tentative) | Mar 10, 2023 | Feb 28, 2023 |
| Listing date (Tentative) | Mar 13, 2023 | Mar 01, 2023 |
| Anchor Lockin End date 1 | | Mar 26, 2023 |
| Anchor Lockin End date 2 | | May 25, 2023 |
Financials & KPIs
ITCONS E-Solutions IPO P/E ratio is 12.09, as compared to Sealmatic India IPO P/E ratio of 18.75.
Shares Offered
In the ITCONS E-Solutions IPO Retail Individual Investors (RII) are offered 8,08,000 shares while in Sealmatic India IPO retail investors are offered 8,08,000 shares. Qualified Institutional Buyers (QIB) are offered in ITCONS E-Solutions IPO and 3,79,800 shares in Sealmatic India IPO.
| | ITCONS E-Solutions IPO | Sealmatic India IPO |
|---|
| Anchor Investor Reservation | | 5,69,400 shares |
| Market Maker Reservation | 86,000 shares | 1,26,000 shares |
| QIB | | 3,79,800 shares |
| NII | 8,06,000 shares | 4,27,200 shares |
| RII | 8,08,000 shares | 9,97,200 shares |
| Employee | | |
| Others | | |
| Total | 16,14,000 shares | 23,73,600 shares |
Bids Received (Subscription)
ITCONS E-Solutions IPO subscribed 16.79x in total, whereas Sealmatic India IPO subscribed 13.50x.