Comparison between Nitiraj Engineers IPO and Tanvi Foods IPO.
Nitiraj Engineers IPO is a SME Fixed Price IPO proposed to list at NSE SME while Tanvi Foods IPO is a SME Fixed Price proposed to list at BSE SME.
| Nitiraj Engineers IPO | Tanvi Foods IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Arihant Capital Markets Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Alacrity Securities 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 Nitiraj Engineers IPO is up to ₹20.90 Cr whereas the issue size of the Tanvi Foods IPO is up to ₹6.26 Cr. The final issue price of Nitiraj Engineers IPO is ₹100.00 per share and of Tanvi Foods IPO is ₹60.00 per share.
| Nitiraj Engineers IPO | Tanvi Foods IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹100.00 per share | ₹60.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 2000 shares |
| Fresh Issue Size | 20,90,400 shares | 6,16,000 shares |
| Fresh Issue Size (Amount) | up to ₹20.90 Cr | up to ₹3.70 Cr |
| OFS Issue Size | 0 shares | 4,28,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹2.57 Cr |
| Issue Size Total | 20,90,400 shares | 10,44,000 shares |
| Issue Size Total (Amount) | up to ₹20.90 Cr | up to ₹6.26 Cr |
Nitiraj Engineers IPO opens on Feb 20, 2017, while Tanvi Foods IPO opens on Feb 17, 2017. The closing date of Nitiraj Engineers IPO and Tanvi Foods IPO is Mar 01, 2017, and Feb 22, 2017, respectively.
| Nitiraj Engineers IPO | Tanvi Foods IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 20, 2017 | Feb 17, 2017 |
| Issue Close | Mar 01, 2017 | Feb 22, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Mar 09, 2017 | Mar 02, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Nitiraj Engineers IPO P/E ratio is , as compared to Tanvi Foods IPO P/E ratio of .
| Nitiraj Engineers IPO | Tanvi Foods IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹82.01 Cr. | ₹24.70 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Nitiraj Engineers IPO Retail Individual Investors (RII) are offered 10,45,200 shares while in Tanvi Foods IPO retail investors are offered 10,45,200 shares. Qualified Institutional Buyers (QIB) are offered in Nitiraj Engineers IPO and in Tanvi Foods IPO.
| Nitiraj Engineers IPO | Tanvi Foods IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,10,400 shares | 56,000 shares |
| QIB | ||
| NII | 10,45,200 shares | 5,22,000 shares |
| RII | 10,45,200 shares | 5,22,000 shares |
| Employee | ||
| Others | ||
| Total | 20,90,400 shares | 10,44,000 shares |
Nitiraj Engineers IPO subscribed 1.43x in total, whereas Tanvi Foods IPO subscribed 1.62x.
| Nitiraj Engineers IPO | Tanvi Foods IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.68x | 1.87x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.18x | 1.38x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.43x | 1.62x |
