Nirmitee Robotics IPO vs Tranway Technologies IPO

Comparison between Nirmitee Robotics IPO and Tranway Technologies IPO.

IPO Details

Nirmitee Robotics IPO is a SME Fixed Price IPO proposed to list at BSE SME while Tranway Technologies IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Nirmitee Robotics IPO is up to ₹3.06 Cr whereas the issue size of the Tranway Technologies IPO is up to ₹4.02 Cr. The final issue price of Nirmitee Robotics IPO is ₹185.00 per share and of Tranway Technologies IPO is ₹10.00 per share.

 Nirmitee Robotics IPOTranway Technologies IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹185.00 per share₹10.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size600 shares10000 shares
Fresh Issue Size1,65,600 shares40,20,000 shares
Fresh Issue Size (Amount)up to ₹3.06 Crup to ₹4.02 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total1,65,600 shares40,20,000 shares
Issue Size Total (Amount)up to ₹3.06 Crup to ₹4.02 Cr

IPO Timetable

Nirmitee Robotics IPO opens on Mar 31, 2020, while Tranway Technologies IPO opens on Jan 27, 2020. The closing date of Nirmitee Robotics IPO and Tranway Technologies IPO is Apr 09, 2020, and Jan 29, 2020, respectively.

 Nirmitee Robotics IPOTranway Technologies IPO
Issue OpenMar 31, 2020Jan 27, 2020
Issue CloseApr 09, 2020Jan 29, 2020
Basis Of Allotment (Tentative)Apr 16, 2020Feb 03, 2020
Initiation of Refunds (Tentative)Apr 17, 2020Feb 04, 2020
Credit of Share (Tentative)Apr 20, 2020Feb 05, 2020
Listing date (Tentative)Apr 21, 2020Feb 05, 2020

Financials & KPIs

Nirmitee Robotics IPO P/E ratio is 185, as compared to Tranway Technologies IPO P/E ratio of 90.

 Nirmitee Robotics IPOTranway Technologies IPO
Financials

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

Company Financials (Restated Standalone)

Period Ended30 Sep 201931 Mar 201931 Mar 201831 Mar 2017
Assets2.712.142.421.08
Total Income2.295.183.943.12
Profit After Tax0.060.240.110.12
NET Worth0.620.550.310.20
Reserves and Surplus0.600.530.290.18
Total Borrowing1.721.331.550.57
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%99.98%
Promoter Shareholding (Post-Issue)70.81%59.99%
P/E Ratio18590
Market Cap₹11.10 Cr.₹10.60 Cr.

Shares Offered

In the Nirmitee Robotics IPO Retail Individual Investors (RII) are offered 82,800 shares while in Tranway Technologies IPO retail investors are offered 82,800 shares. Qualified Institutional Buyers (QIB) are offered in Nirmitee Robotics IPO and in Tranway Technologies IPO.

 Nirmitee Robotics IPOTranway Technologies IPO
Market Maker Reservation9,600 shares2,20,000 shares
NII82,800 shares20,10,000 shares
RII82,800 shares20,10,000 shares
Total1,65,600 shares40,20,000 shares

Bids Received (Subscription)

Nirmitee Robotics IPO subscribed 1.15x in total, whereas Tranway Technologies IPO subscribed 1.98x.

 Nirmitee Robotics IPOTranway Technologies IPO
NII (times)1.67x1.09x
RII (times)0.63x2.87x
Total (times)1.15x1.98x

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Nirmitee Robotics IPO Vs Tranway Technologies IPO