Comparison between ITCONS E-Solutions IPO and Macfos IPO.
IPO Details
ITCONS E-Solutions IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Macfos 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 Macfos IPO is up to ₹22.56 Cr. The final issue price of ITCONS E-Solutions IPO is ₹51.00 per share and of Macfos IPO is ₹102.00 per share.
IPO Timetable
ITCONS E-Solutions IPO opens on Feb 28, 2023, while Macfos IPO opens on Feb 17, 2023. The closing date of ITCONS E-Solutions IPO and Macfos IPO is Mar 02, 2023, and Feb 21, 2023, respectively.
| | ITCONS E-Solutions IPO | Macfos 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 Macfos IPO P/E ratio of 15.22.
Shares Offered
In the ITCONS E-Solutions IPO Retail Individual Investors (RII) are offered 8,08,000 shares while in Macfos IPO retail investors are offered 8,08,000 shares. Qualified Institutional Buyers (QIB) are offered in ITCONS E-Solutions IPO and 4,44,000 shares in Macfos IPO.
| | ITCONS E-Solutions IPO | Macfos IPO |
|---|
| Anchor Investor Reservation | | 6,60,000 shares |
| Market Maker Reservation | 86,000 shares | 1,16,400 shares |
| QIB | | 4,44,000 shares |
| NII | 8,06,000 shares | 3,32,400 shares |
| RII | 8,08,000 shares | 7,75,200 shares |
| Employee | | |
| Others | | |
| Total | 16,14,000 shares | 22,11,600 shares |
Bids Received (Subscription)
ITCONS E-Solutions IPO subscribed 16.79x in total, whereas Macfos IPO subscribed 193.87x.
