Comparison between Narayani Steels IPO and Sprayking Agro Equipment IPO.
Narayani Steels IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sprayking Agro Equipment IPO is a SME Fixed Price proposed to list at BSE SME.
| Narayani Steels IPO | Sprayking Agro Equipment IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Pantomath Capital Advisors Pvt.Ltd. | Pantomath Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Sharex Dynamic (India) Pvt.Ltd. |
| Market Maker | Rikhav Securities Ltd. | Rikhav Securities 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 Narayani Steels IPO is up to ₹10.92 Cr whereas the issue size of the Sprayking Agro Equipment IPO is up to ₹1.76 Cr. The final issue price of Narayani Steels IPO is ₹32.00 per share and of Sprayking Agro Equipment IPO is ₹21.00 per share.
| Narayani Steels IPO | Sprayking Agro Equipment IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹32.00 per share | ₹21.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 6000 shares |
| Fresh Issue Size | 34,12,000 shares | 8,40,000 shares |
| Fresh Issue Size (Amount) | up to ₹10.92 Cr | up to ₹1.76 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 | 34,12,000 shares | 8,40,000 shares |
| Issue Size Total (Amount) | up to ₹10.92 Cr | up to ₹1.76 Cr |
Narayani Steels IPO opens on Sep 01, 2016, while Sprayking Agro Equipment IPO opens on Aug 31, 2016. The closing date of Narayani Steels IPO and Sprayking Agro Equipment IPO is Sep 06, 2016, and Sep 02, 2016, respectively.
| Narayani Steels IPO | Sprayking Agro Equipment IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 01, 2016 | Aug 31, 2016 |
| Issue Close | Sep 06, 2016 | Sep 02, 2016 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Sep 14, 2016 | Sep 14, 2016 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Narayani Steels IPO P/E ratio is , as compared to Sprayking Agro Equipment IPO P/E ratio of .
| Narayani Steels IPO | Sprayking Agro Equipment IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹34.91 Cr. | ₹6.66 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Narayani Steels IPO Retail Individual Investors (RII) are offered 17,08,000 shares while in Sprayking Agro Equipment IPO retail investors are offered 17,08,000 shares. Qualified Institutional Buyers (QIB) are offered in Narayani Steels IPO and in Sprayking Agro Equipment IPO.
| Narayani Steels IPO | Sprayking Agro Equipment IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,88,000 shares | 48,000 shares |
| QIB | ||
| NII | 17,04,000 shares | 4,20,000 shares |
| RII | 17,08,000 shares | 4,20,000 shares |
| Employee | ||
| Others | ||
| Total | 34,12,000 shares | 8,40,000 shares |
Narayani Steels IPO subscribed 1.46x in total, whereas Sprayking Agro Equipment IPO subscribed 5.74x.
| Narayani Steels IPO | Sprayking Agro Equipment IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.72x | 3.03x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.20x | 8.44x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.46x | 5.74x |
