Cospower Engineering IPO vs Nirmitee Robotics IPO

Comparison between Cospower Engineering IPO and Nirmitee Robotics IPO.

IPO Details

Cospower Engineering IPO is a SME Fixed Price IPO proposed to list at BSE SME while Nirmitee Robotics IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Cospower Engineering IPO is up to ₹1.92 Cr whereas the issue size of the Nirmitee Robotics IPO is up to ₹3.06 Cr. The final issue price of Cospower Engineering IPO is ₹51.00 per share and of Nirmitee Robotics IPO is ₹185.00 per share.

 Cospower Engineering IPONirmitee Robotics IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹51.00 per share₹185.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares600 shares
Fresh Issue Size3,76,000 shares1,65,600 shares
Fresh Issue Size (Amount)up to ₹1.92 Crup to ₹3.06 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total3,76,000 shares1,65,600 shares
Issue Size Total (Amount)up to ₹1.92 Crup to ₹3.06 Cr

IPO Timetable

Cospower Engineering IPO opens on Mar 17, 2020, while Nirmitee Robotics IPO opens on Mar 31, 2020. The closing date of Cospower Engineering IPO and Nirmitee Robotics IPO is Mar 19, 2020, and Apr 09, 2020, respectively.

Financials & KPIs

Cospower Engineering IPO P/E ratio is 23, as compared to Nirmitee Robotics IPO P/E ratio of 185.

 Cospower Engineering IPONirmitee Robotics IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 201931 Mar 201931 Mar 201831 Mar 2017
Assets8.778.358.878.02
Total Income7.4913.038.619.57
Profit After Tax0.250.520.190.28
EBITDA0.631.040.640.88
NET Worth1.831.581.070.87
Reserves and Surplus0.831.430.920.72
Total Borrowing4.042.524.404.13
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201931 Mar 201931 Mar 201831 Mar 2017
Assets2.252.391.060.12
Total Income1.002.040.700.06
Profit After Tax0.030.210.020.01
NET Worth2.011.980.270.02
Reserves and Surplus0.260.230.030.01
Total Borrowing0.080.080.080.08
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)73.33%70.81%
P/E Ratio23185
Market Cap₹7.65 Cr.₹11.10 Cr.

Shares Offered

In the Cospower Engineering IPO Retail Individual Investors (RII) are offered 1,88,000 shares while in Nirmitee Robotics IPO retail investors are offered 1,88,000 shares. Qualified Institutional Buyers (QIB) are offered in Cospower Engineering IPO and in Nirmitee Robotics IPO.

 Cospower Engineering IPONirmitee Robotics IPO
Market Maker Reservation24,000 shares9,600 shares
NII1,88,000 shares82,800 shares
RII1,88,000 shares82,800 shares
Total3,76,000 shares1,65,600 shares

Bids Received (Subscription)

Cospower Engineering IPO subscribed 1.53x in total, whereas Nirmitee Robotics IPO subscribed 1.15x.

 Cospower Engineering IPONirmitee Robotics IPO
NII (times)2.36x1.67x
RII (times)0.69x0.63x
Total (times)1.53x1.15x

Compare with others

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Cospower Engineering IPO Vs Nirmitee Robotics IPO