Comparison between Adishakti Loha IPO and Nidan Laboratories IPO.
IPO Details
Adishakti Loha IPO is a SME Fixed Price IPO proposed to list at BSE SME while Nidan Laboratories IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Adishakti Loha IPO is up to ₹1.89 Cr whereas the issue size of the Nidan Laboratories IPO is up to ₹47.50 Cr. The final issue price of Adishakti Loha IPO is ₹11.00 per share and of Nidan Laboratories IPO is ₹125.00 per share.
IPO Timetable
Adishakti Loha IPO opens on Sep 30, 2021, while Nidan Laboratories IPO opens on Oct 28, 2021. The closing date of Adishakti Loha IPO and Nidan Laboratories IPO is Oct 05, 2021, and Nov 02, 2021, respectively.
| | Adishakti Loha IPO | Nidan Laboratories IPO |
|---|
| Issue Open | Sep 30, 2021 | Oct 28, 2021 |
| Issue Close | Oct 05, 2021 | Nov 02, 2021 |
| Basis Of Allotment (Tentative) | Oct 08, 2021 | Nov 09, 2021 |
| Initiation of Refunds (Tentative) | | Nov 10, 2021 |
| Credit of Share (Tentative) | | Nov 11, 2021 |
| Listing date (Tentative) | Oct 13, 2021 | Nov 12, 2021 |
Financials & KPIs
Adishakti Loha IPO P/E ratio is , as compared to Nidan Laboratories IPO P/E ratio of .
Shares Offered
In the Adishakti Loha IPO Retail Individual Investors (RII) are offered 8,60,000 shares while in Nidan Laboratories IPO retail investors are offered 8,60,000 shares. Qualified Institutional Buyers (QIB) are offered in Adishakti Loha IPO and in Nidan Laboratories IPO.
| | Adishakti Loha IPO | Nidan Laboratories IPO |
|---|
| Market Maker Reservation | 1,00,000 shares | 2,00,000 shares |
| NII | 8,60,000 shares | 19,00,000 shares |
| RII | 8,60,000 shares | 19,00,000 shares |
| Total | 17,20,000 shares | 38,00,000 shares |
Bids Received (Subscription)
Adishakti Loha IPO subscribed 1.84x in total, whereas Nidan Laboratories IPO subscribed 1.80x.
