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IFL Enterprises IPO vs Nitiraj Engineers IPO

Comparison between IFL Enterprises IPO and Nitiraj Engineers IPO.

IPO Details

IFL Enterprises IPO is a SME Fixed Price IPO proposed to list at BSE SME while Nitiraj Engineers IPO is a SME Fixed Price proposed to list at NSE SME.

 IFL Enterprises IPONitiraj Engineers IPO
LogoIFL Enterprises IPO LogoNitiraj Engineers IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersAryaman Financial Services Ltd.Arihant Capital Markets Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerMSB E-Trade Securities Ltd.Alacrity Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of IFL Enterprises IPO is up to ₹3.07 Cr whereas the issue size of the Nitiraj Engineers IPO is up to ₹20.90 Cr. The final issue price of IFL Enterprises IPO is ₹20.00 per share and of Nitiraj Engineers IPO is ₹100.00 per share.

 IFL Enterprises IPONitiraj Engineers IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹20.00 per share₹100.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares1200 shares
Fresh Issue Size15,36,000 shares20,90,400 shares
Fresh Issue Size (Amount)up to ₹3.07 Crup to ₹20.90 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total15,36,000 shares20,90,400 shares
Issue Size Total (Amount)up to ₹3.07 Crup to ₹20.90 Cr

IPO Timetable

IFL Enterprises IPO opens on Mar 07, 2017, while Nitiraj Engineers IPO opens on Feb 20, 2017. The closing date of IFL Enterprises IPO and Nitiraj Engineers IPO is Mar 10, 2017, and Mar 01, 2017, respectively.

 IFL Enterprises IPONitiraj Engineers IPO
Issue OpenMar 07, 2017Feb 20, 2017
Issue CloseMar 10, 2017Mar 01, 2017
Basis Of Allotment (Tentative)Mar 16, 2017Mar 06, 2017
Listing date (Tentative)Mar 21, 2017Mar 09, 2017

Financials & KPIs

IFL Enterprises IPO P/E ratio is , as compared to Nitiraj Engineers IPO P/E ratio of .

 IFL Enterprises IPONitiraj Engineers IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets5.843.114.082.38
Total Income1.860.390.080.08
Profit After Tax0.090.130.000.00
NET Worth3.093.002.322.32
Reserves and Surplus1.991.902.252.25
Total Borrowing2.61
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets50.3349.0937.0632.70
Total Income32.0156.5443.8741.17
Profit After Tax4.515.504.183.89
NET Worth37.6133.4728.0623.87
Reserves and Surplus31.6127.4727.0622.87
Total Borrowing5.427.192.020.25
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)70.57%90.00%
Promoter Shareholding (Post-Issue)32.35%65.85%
Market Cap₹6.00 Cr.₹82.01 Cr.

Shares Offered

In the IFL Enterprises IPO Retail Individual Investors (RII) are offered 7,68,000 shares while in Nitiraj Engineers IPO retail investors are offered 7,68,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in IFL Enterprises IPO and 0 shares in Nitiraj Engineers IPO.

 IFL Enterprises IPONitiraj Engineers IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation90,000 shares1,10,400 shares
QIB0 shares0 shares
NII7,68,000 shares10,45,200 shares
RII7,68,000 shares10,45,200 shares
Employee0 shares0 shares
Total15,36,000 shares20,90,400 shares

Bids Received (Subscription)

IFL Enterprises IPO subscribed 1.56x in total, whereas Nitiraj Engineers IPO subscribed 1.43x.

 IFL Enterprises IPONitiraj Engineers IPO
NII (times)1.23x1.68x
RII (times)1.88x1.18x
Total (times)1.56x1.43x

Compare with others

IFL Enterprises IPONitiraj Engineers IPO
Jash Dealmark IPOIFL Enterprises IPO
Chemcrux Enterprises IPOSanginita Chemicals IPO
Airan IPOAkash Infra-Projects IPO
Manomay Tex IPORMC Switchgears IPO
Sarthak Metals IPOTanvi Foods IPO
Sanginita Chemicals IPOGlobal Education IPO
Akash Infra-Projects IPOKrishana Phoschem IPO
RMC Switchgears IPOSteel City Securities IPO
Tanvi Foods IPOMadhav Copper IPO
Nitiraj Engineers IPOSuper Fine Knitters IPO

Compare:

IFL Enterprises IPO Vs Nitiraj Engineers IPO