Oceanic Foods IPO vs Octaware Technologies IPO

Comparison between Oceanic Foods IPO and Octaware Technologies IPO.

IPO Details

Oceanic Foods IPO is a SME Fixed Price IPO proposed to list at BSE SME while Octaware Technologies IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Oceanic Foods IPO is up to ₹6.16 Cr whereas the issue size of the Octaware Technologies IPO is up to ₹8.15 Cr. The final issue price of Oceanic Foods IPO is ₹65.00 per share and of Octaware Technologies IPO is ₹90.00 per share.

 Oceanic Foods IPOOctaware Technologies IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹65.00 per share₹90.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares1600 shares
Fresh Issue Size9,48,000 shares3,95,600 shares
Fresh Issue Size (Amount)up to ₹6.16 Crup to ₹3.56 Cr
OFS Issue Size0 shares5,10,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹4.59 Cr
Issue Size Total9,48,000 shares9,05,600 shares
Issue Size Total (Amount)up to ₹6.16 Crup to ₹8.15 Cr

IPO Timetable

Oceanic Foods IPO opens on Mar 20, 2017, while Octaware Technologies IPO opens on Mar 17, 2017. The closing date of Oceanic Foods IPO and Octaware Technologies IPO is Mar 22, 2017, and Mar 24, 2017, respectively.

 Oceanic Foods IPOOctaware Technologies IPO
Issue OpenMar 20, 2017Mar 17, 2017
Issue CloseMar 22, 2017Mar 24, 2017
Basis Of Allotment (Tentative)Mar 27, 2017Mar 29, 2017
Listing date (Tentative)Mar 31, 2017Apr 03, 2017

Financials & KPIs

Oceanic Foods IPO P/E ratio is , as compared to Octaware Technologies IPO P/E ratio of 14.

 Oceanic Foods IPOOctaware Technologies IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets44.6238.8238.5035.23
Total Income39.7662.8481.3471.53
Profit After Tax0.371.701.231.30
NET Worth9.889.517.896.77
Reserves and Surplus7.136.767.646.52
Total Borrowing31.2024.9420.5519.95
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets5.335.334.694.02
Total Income0.382.333.293.08
Profit After Tax0.020.380.760.75
NET Worth5.025.004.513.76
Reserves and Surplus2.162.141.491.75
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)97.00%66.88%
Promoter Shareholding (Post-Issue)71.13%48.18%
P/E Ratio14
Market Cap₹24.38 Cr.₹32.32 Cr.

Shares Offered

In the Oceanic Foods IPO Retail Individual Investors (RII) are offered 4,74,000 shares while in Octaware Technologies IPO retail investors are offered 4,74,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Oceanic Foods IPO and 0 shares in Octaware Technologies IPO.

 Oceanic Foods IPOOctaware Technologies IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation52,000 shares49,600 shares
QIB0 shares0 shares
NII4,74,000 shares4,52,800 shares
RII4,74,000 shares4,52,800 shares
Employee0 shares0 shares
Total9,48,000 shares9,05,600 shares

Bids Received (Subscription)

Oceanic Foods IPO subscribed 2.38x in total, whereas Octaware Technologies IPO subscribed 2.05x.

 Oceanic Foods IPOOctaware Technologies IPO
NII (times)0.00x0.00x
RII (times)0.00x0.00x
Total (times)2.38x2.05x

Compare with others

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Oceanic Foods IPO Vs Octaware Technologies IPO