Comparison between Max Alert Systems IPO and Sangam Advisors IPO.
Max Alert Systems IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sangam Advisors IPO is a SME Fixed Price proposed to list at BSE SME.
| Max Alert Systems IPO | Sangam Advisors IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Comfort Securities Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Sharepro Services Pvt.Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | Comfort Securities Ltd. | K.M.Jain Stock Brokers Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL |
The total issue size of Max Alert Systems IPO is up to ₹6.80 Cr whereas the issue size of the Sangam Advisors IPO is up to ₹4.34 Cr. The final issue price of Max Alert Systems IPO is ₹20.00 per share and of Sangam Advisors IPO is ₹22.00 per share.
| Max Alert Systems IPO | Sangam Advisors IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹20.00 per share | ₹22.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 6000 shares | 6000 shares |
| Fresh Issue Size | 34,02,000 shares | 19,74,000 shares |
| Fresh Issue Size (Amount) | up to ₹6.80 Cr | up to ₹4.34 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 34,02,000 shares | 19,74,000 shares |
| Issue Size Total (Amount) | up to ₹6.80 Cr | up to ₹4.34 Cr |
Max Alert Systems IPO opens on Jun 28, 2012, while Sangam Advisors IPO opens on Jul 24, 2012. The closing date of Max Alert Systems IPO and Sangam Advisors IPO is Jul 02, 2012, and Jul 26, 2012, respectively.
| Max Alert Systems IPO | Sangam Advisors IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 28, 2012 | Jul 24, 2012 |
| Issue Close | Jul 02, 2012 | Jul 26, 2012 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Jul 13, 2012 | Aug 09, 2012 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Max Alert Systems IPO P/E ratio is , as compared to Sangam Advisors IPO P/E ratio of .
| Max Alert Systems IPO | Sangam Advisors IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 99.95 | 50.51 | ||||
| Promoter Shareholding (Post-Issue) | 56.48 | 31.44 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹18.40 Cr. | ₹13.43 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 32.05 | 5.07 |
In the Max Alert Systems IPO Retail Individual Investors (RII) are offered 17,00,000 shares while in Sangam Advisors IPO retail investors are offered 17,00,000 shares. Qualified Institutional Buyers (QIB) are offered in Max Alert Systems IPO and in Sangam Advisors IPO.
| Max Alert Systems IPO | Sangam Advisors IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 6,00,000 shares | 3,42,000 shares |
| QIB | ||
| NII | 17,00,000 shares | 9,81,000 shares |
| RII | 17,00,000 shares | 9,81,000 shares |
| Employee | ||
| Others | ||
| Total | 34,00,000 shares | 19,62,000 shares |
Max Alert Systems IPO subscribed 1.28x in total, whereas Sangam Advisors IPO subscribed 1.62x.
| Max Alert Systems IPO | Sangam Advisors IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.40x | 2.10x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.17x | 1.14x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.28x | 1.62x |
