Comparison between Modi's Navnirman IPO and Pearl Green Clubs IPO.
IPO Details
Modi's Navnirman IPO is a SME Fixed Price IPO proposed to list at BSE SME while Pearl Green Clubs IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Modi's Navnirman IPO is up to ₹21.46 Cr whereas the issue size of the Pearl Green Clubs IPO is up to ₹11.05 Cr. The final issue price of Modi's Navnirman IPO is ₹180.00 per share and of Pearl Green Clubs IPO is ₹186.00 per share.
IPO Timetable
Modi's Navnirman IPO opens on Jun 23, 2022, while Pearl Green Clubs IPO opens on Jun 27, 2022. The closing date of Modi's Navnirman IPO and Pearl Green Clubs IPO is Jun 28, 2022, and Jun 29, 2022, respectively.
| | Modi's Navnirman IPO | Pearl Green Clubs IPO |
|---|
| Issue Open | Jun 23, 2022 | Jun 27, 2022 |
| Issue Close | Jun 28, 2022 | Jun 29, 2022 |
| Basis Of Allotment (Tentative) | Jul 01, 2022 | Jul 04, 2022 |
| Initiation of Refunds (Tentative) | Jul 04, 2022 | Jul 05, 2022 |
| Credit of Share (Tentative) | Jul 05, 2022 | Jul 05, 2022 |
| Listing date (Tentative) | Jul 06, 2022 | Jul 07, 2022 |
Financials & KPIs
Modi's Navnirman IPO P/E ratio is 57.32, as compared to Pearl Green Clubs IPO P/E ratio of 53.6.
Shares Offered
In the Modi's Navnirman IPO Retail Individual Investors (RII) are offered 5,96,000 shares while in Pearl Green Clubs IPO retail investors are offered 5,96,000 shares. Qualified Institutional Buyers (QIB) are offered in Modi's Navnirman IPO and in Pearl Green Clubs IPO.
| | Modi's Navnirman IPO | Pearl Green Clubs IPO |
|---|
| Market Maker Reservation | 68,000 shares | 36,000 shares |
| NII | 5,96,000 shares | 2,97,000 shares |
| RII | 5,96,000 shares | 2,97,000 shares |
| Total | 11,92,000 shares | 5,94,000 shares |
Bids Received (Subscription)
Modi's Navnirman IPO subscribed 1.99x in total, whereas Pearl Green Clubs IPO subscribed 1.56x.
