Comparison between Insolation Energy IPO and Maks Energy Solutions IPO.
IPO Details
Insolation Energy IPO is a SME Fixed Price IPO proposed to list at BSE SME while Maks Energy Solutions IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Insolation Energy IPO is up to ₹21.04 Cr whereas the issue size of the Maks Energy Solutions IPO is up to ₹3.79 Cr. The final issue price of Insolation Energy IPO is ₹38.00 per share and of Maks Energy Solutions IPO is ₹20.00 per share.
IPO Timetable
Insolation Energy IPO opens on Sep 26, 2022, while Maks Energy Solutions IPO opens on Sep 16, 2022. The closing date of Insolation Energy IPO and Maks Energy Solutions IPO is Sep 29, 2022, and Sep 20, 2022, respectively.
| | Insolation Energy IPO | Maks Energy Solutions IPO |
|---|
| Issue Open | Sep 26, 2022 | Sep 16, 2022 |
| Issue Close | Sep 29, 2022 | Sep 20, 2022 |
| Basis Of Allotment (Tentative) | Oct 04, 2022 | Sep 23, 2022 |
| Initiation of Refunds (Tentative) | Oct 06, 2022 | Sep 26, 2022 |
| Credit of Share (Tentative) | Oct 07, 2022 | Sep 26, 2022 |
| Listing date (Tentative) | Oct 10, 2022 | Sep 28, 2022 |
Financials & KPIs
Insolation Energy IPO P/E ratio is 11.41, as compared to Maks Energy Solutions IPO P/E ratio of .
Shares Offered
In the Insolation Energy IPO Retail Individual Investors (RII) are offered 27,69,000 shares while in Maks Energy Solutions IPO retail investors are offered 27,69,000 shares. Qualified Institutional Buyers (QIB) are offered in Insolation Energy IPO and in Maks Energy Solutions IPO.
| | Insolation Energy IPO | Maks Energy Solutions IPO |
|---|
| Market Maker Reservation | 2,94,000 shares | 1,02,000 shares |
| NII | 27,69,000 shares | 9,48,000 shares |
| RII | 27,69,000 shares | 9,48,000 shares |
| Total | 55,38,000 shares | 18,96,000 shares |
Bids Received (Subscription)
Insolation Energy IPO subscribed 192.79x in total, whereas Maks Energy Solutions IPO subscribed 26.31x.
