Comparison between Nidan Laboratories IPO and Suyog Gurbaxani Funicular IPO.
Nidan Laboratories IPO is a SME Fixed Price IPO proposed to list at NSE SME while Suyog Gurbaxani Funicular IPO is a SME Fixed Price proposed to list at BSE SME.
| Nidan Laboratories IPO | Suyog Gurbaxani Funicular IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | First Overseas Capital Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | NNM Securities Pvt.Ltd. | Aryaman Capital Markets Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Nidan Laboratories IPO is up to ₹47.50 Cr whereas the issue size of the Suyog Gurbaxani Funicular IPO is up to ₹28.00 Cr. The final issue price of Nidan Laboratories IPO is ₹125.00 per share and of Suyog Gurbaxani Funicular IPO is ₹45.00 per share.
| Nidan Laboratories IPO | Suyog Gurbaxani Funicular IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹125.00 per share | ₹45.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 3000 shares |
| Fresh Issue Size | 38,00,000 shares | 11,67,000 shares |
| Fresh Issue Size (Amount) | up to ₹47.50 Cr | up to ₹5.25 Cr |
| OFS Issue Size | 0 shares | 50,55,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹22.75 Cr |
| Issue Size Total | 38,00,000 shares | 62,22,000 shares |
| Issue Size Total (Amount) | up to ₹47.50 Cr | up to ₹28.00 Cr |
Nidan Laboratories IPO opens on Oct 28, 2021, while Suyog Gurbaxani Funicular IPO opens on Nov 01, 2021. The closing date of Nidan Laboratories IPO and Suyog Gurbaxani Funicular IPO is Nov 02, 2021, and Nov 08, 2021, respectively.
| Nidan Laboratories IPO | Suyog Gurbaxani Funicular IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Oct 28, 2021 | Nov 01, 2021 |
| Issue Close | Nov 02, 2021 | Nov 08, 2021 |
| Basis Of Allotment (Tentative) | Nov 09, 2021 | Nov 11, 2021 |
| Initiation of Refunds (Tentative) | Nov 10, 2021 | Nov 12, 2021 |
| Credit of Share (Tentative) | Nov 11, 2021 | Nov 15, 2021 |
| Listing date (Tentative) | Nov 12, 2021 | Nov 16, 2021 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Nidan Laboratories IPO P/E ratio is , as compared to Suyog Gurbaxani Funicular IPO P/E ratio of .
| Nidan Laboratories IPO | Suyog Gurbaxani Funicular IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 90.57 | ||||
| Promoter Shareholding (Post-Issue) | 71.22 | 64.78 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹173.75 Cr. | ₹111.88 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Nidan Laboratories IPO Retail Individual Investors (RII) are offered 19,00,000 shares while in Suyog Gurbaxani Funicular IPO retail investors are offered 19,00,000 shares. Qualified Institutional Buyers (QIB) are offered in Nidan Laboratories IPO and in Suyog Gurbaxani Funicular IPO.
| Nidan Laboratories IPO | Suyog Gurbaxani Funicular IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,00,000 shares | 3,33,000 shares |
| QIB | ||
| NII | 19,00,000 shares | 31,11,000 shares |
| RII | 19,00,000 shares | 31,11,000 shares |
| Employee | ||
| Others | ||
| Total | 38,00,000 shares | 62,22,000 shares |
Nidan Laboratories IPO subscribed 1.80x in total, whereas Suyog Gurbaxani Funicular IPO subscribed 1.27x.
| Nidan Laboratories IPO | Suyog Gurbaxani Funicular IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 0.15x | 1.98x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 3.44x | 0.56x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.80x | 1.27x |
