Comparison between O.P.Chains IPO and SSPN Finance IPO.
O.P.Chains IPO is a SME Fixed Price IPO proposed to list at BSE SME while SSPN Finance IPO is a SME Fixed Price proposed to list at BSE SME.
| O.P.Chains IPO | SSPN Finance IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Hem Securities Ltd. | First Overseas Capital Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Hem Securities Ltd. | Choice Equity Broking Pvt.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 O.P.Chains IPO is up to ₹1.93 Cr whereas the issue size of the SSPN Finance IPO is up to ₹1.42 Cr. The final issue price of O.P.Chains IPO is ₹11.00 per share and of SSPN Finance IPO is ₹20.00 per share.
| O.P.Chains IPO | SSPN Finance IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹11.00 per share | ₹20.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 10000 shares | 6000 shares |
| Fresh Issue Size | 17,50,000 shares | 7,08,000 shares |
| Fresh Issue Size (Amount) | up to ₹1.93 Cr | up to ₹1.42 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 17,50,000 shares | 7,08,000 shares |
| Issue Size Total (Amount) | up to ₹1.93 Cr | up to ₹1.42 Cr |
O.P.Chains IPO opens on Mar 30, 2015, while SSPN Finance IPO opens on Mar 10, 2015. The closing date of O.P.Chains IPO and SSPN Finance IPO is Apr 08, 2015, and Mar 12, 2015, respectively.
| O.P.Chains IPO | SSPN Finance IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 30, 2015 | Mar 10, 2015 |
| Issue Close | Apr 08, 2015 | Mar 12, 2015 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Apr 22, 2015 | Mar 16, 2015 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
O.P.Chains IPO P/E ratio is , as compared to SSPN Finance IPO P/E ratio of .
| O.P.Chains IPO | SSPN Finance IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 53.1 | |||||
| Promoter Shareholding (Post-Issue) | 38.76 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹7.54 Cr. | ₹3.79 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 0.41 |
In the O.P.Chains IPO Retail Individual Investors (RII) are offered 8,80,000 shares while in SSPN Finance IPO retail investors are offered 8,80,000 shares. Qualified Institutional Buyers (QIB) are offered in O.P.Chains IPO and in SSPN Finance IPO.
| O.P.Chains IPO | SSPN Finance IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,00,000 shares | 42,000 shares |
| QIB | ||
| NII | 8,70,000 shares | 3,54,000 shares |
| RII | 8,80,000 shares | 3,54,000 shares |
| Employee | ||
| Others | ||
| Total | 17,50,000 shares | 7,08,000 shares |
O.P.Chains IPO subscribed 1.56x in total, whereas SSPN Finance IPO subscribed 1.18x.
| O.P.Chains IPO | SSPN Finance IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.13x | 1.36x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.99x | 1.00x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.56x | 1.18x |
