Comparison between Kshitij Polyline IPO and Spectrum Electrical IPO.
IPO Details
Kshitij Polyline IPO is a SME Fixed Price IPO proposed to list at NSE SME while Spectrum Electrical IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Kshitij Polyline IPO is up to ₹8.29 Cr whereas the issue size of the Spectrum Electrical IPO is up to ₹24.57 Cr. The final issue price of Kshitij Polyline IPO is ₹35.00 per share and of Spectrum Electrical IPO is ₹65.00 per share.
IPO Timetable
Kshitij Polyline IPO opens on Sep 21, 2018, while Spectrum Electrical IPO opens on Sep 17, 2018. The closing date of Kshitij Polyline IPO and Spectrum Electrical IPO is Sep 27, 2018, and Sep 21, 2018, respectively.
| | Kshitij Polyline IPO | Spectrum Electrical IPO |
|---|
| Issue Open | Sep 21, 2018 | Sep 17, 2018 |
| Issue Close | Sep 27, 2018 | Sep 21, 2018 |
| Basis Of Allotment (Tentative) | Oct 03, 2018 | Sep 26, 2018 |
| Initiation of Refunds (Tentative) | Oct 04, 2018 | |
| Credit of Share (Tentative) | Oct 05, 2018 | |
| Listing date (Tentative) | Oct 08, 2018 | Oct 01, 2018 |
Financials & KPIs
Kshitij Polyline IPO P/E ratio is , as compared to Spectrum Electrical IPO P/E ratio of .
Shares Offered
In the Kshitij Polyline IPO Retail Individual Investors (RII) are offered 11,84,000 shares while in Spectrum Electrical IPO retail investors are offered 11,84,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Kshitij Polyline IPO and 0 shares in Spectrum Electrical IPO.
| | Kshitij Polyline IPO | Spectrum Electrical IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,32,000 shares | 2,00,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 11,84,000 shares | 18,90,000 shares |
| RII | 11,84,000 shares | 18,90,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 23,68,000 shares | 37,80,000 shares |
Bids Received (Subscription)
Kshitij Polyline IPO subscribed 1.45x in total, whereas Spectrum Electrical IPO subscribed 1.27x.
