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Innovative Ideals IPO vs Kshitij Polyline IPO

Comparison between Innovative Ideals IPO and Kshitij Polyline IPO.

IPO Details

Innovative Ideals IPO is a SME Fixed Price IPO proposed to list at BSE SME while Kshitij Polyline IPO is a SME Fixed Price proposed to list at NSE SME.

 Innovative Ideals IPOKshitij Polyline IPO
LogoInnovative Ideals IPO LogoKshitij Polyline IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtBSE SMENSE SME
Lead ManagersPantomath Capital Advisors Pvt.Ltd.Monarch Networth Capital Ltd.
RegistrarBigshare Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerPantomath Stock Brokers Pvt.Ltd.Monarch Networth Capital Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Innovative Ideals IPO is up to ₹11.64 Cr whereas the issue size of the Kshitij Polyline IPO is up to ₹8.29 Cr. The final issue price of Innovative Ideals IPO is ₹40.00 per share and of Kshitij Polyline IPO is ₹35.00 per share.

 Innovative Ideals IPOKshitij Polyline IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹36.00 per share
Issue Price (Upper)₹40.00 per share
Issue Price (Final)₹40.00 per share₹35.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares4000 shares
Fresh Issue Size29,10,000 shares23,68,000 shares
Fresh Issue Size (Amount)up to ₹11.64 Crup to ₹8.29 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total29,10,000 shares23,68,000 shares
Issue Size Total (Amount)up to ₹11.64 Crup to ₹8.29 Cr

IPO Timetable

Innovative Ideals IPO opens on Sep 24, 2018, while Kshitij Polyline IPO opens on Sep 21, 2018. The closing date of Innovative Ideals IPO and Kshitij Polyline IPO is Sep 26, 2018, and Sep 27, 2018, respectively.

 Innovative Ideals IPOKshitij Polyline IPO
Issue OpenSep 24, 2018Sep 21, 2018
Issue CloseSep 26, 2018Sep 27, 2018
Basis Of Allotment (Tentative)Oct 01, 2018Oct 03, 2018
Initiation of Refunds (Tentative)Oct 03, 2018Oct 04, 2018
Credit of Share (Tentative)Oct 04, 2018Oct 05, 2018
Listing date (Tentative)Oct 05, 2018Oct 08, 2018

Financials & KPIs

Innovative Ideals IPO P/E ratio is , as compared to Kshitij Polyline IPO P/E ratio of .

 Innovative Ideals IPOKshitij Polyline IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets34.8022.8720.82
Total Income20.3210.7512.18
Profit After Tax3.090.970.01
EBITDA4.882.220.74
NET Worth13.376.785.72
Reserves and Surplus5.053.783.42
Total Borrowing7.684.514.55
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets24.7717.1914.83
Total Income27.4317.0115.57
Profit After Tax1.060.280.20
NET Worth8.624.112.08
Reserves and Surplus3.321.110.33
Total Borrowing9.1510.3211.23
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)71.81%88.14%
Promoter Shareholding (Post-Issue)52.47%62.76%
Market Cap₹45.52 Cr.₹30.39 Cr.

Shares Offered

In the Innovative Ideals IPO Retail Individual Investors (RII) are offered 14,55,000 shares while in Kshitij Polyline IPO retail investors are offered 14,55,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Innovative Ideals IPO and 0 shares in Kshitij Polyline IPO.

 Innovative Ideals IPOKshitij Polyline IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,56,000 shares1,32,000 shares
QIB0 shares0 shares
NII14,55,000 shares11,84,000 shares
RII14,55,000 shares11,84,000 shares
Employee0 shares0 shares
Total29,10,000 shares23,68,000 shares

Bids Received (Subscription)

Innovative Ideals IPO subscribed 1.30x in total, whereas Kshitij Polyline IPO subscribed 1.45x.

 Innovative Ideals IPOKshitij Polyline IPO
NII (times)1.01x1.88x
RII (times)1.58x1.02x
Total (times)1.30x1.45x

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Compare:

Innovative Ideals IPO Vs Kshitij Polyline IPO