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India Finsec IPO vs Opal Luxury Time Products IPO

Comparison between India Finsec IPO and Opal Luxury Time Products IPO.

IPO Details

India Finsec IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Opal Luxury Time Products IPO is a SME Bookbuilding proposed to list at NSE SME.

 India Finsec IPOOpal Luxury Time Products IPO
LogoIndia Finsec IPO LogoOpal Luxury Time Products IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersAryaman Financial Services Ltd.IDBI Capital Markets Services Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerMSB E-Trade Securities Ltd.IDBI Capital Markets & Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of India Finsec IPO is up to ₹5.00 Cr whereas the issue size of the Opal Luxury Time Products IPO is up to ₹9.37 Cr. The final issue price of India Finsec IPO is ₹10.00 per share and of Opal Luxury Time Products IPO is ₹130.00 per share.

 India Finsec IPOOpal Luxury Time Products IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹130.00 per share
Issue Price (Upper)₹135.00 per share
Issue Price (Final)₹10.00 per share₹130.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size10000 shares1000 shares
Fresh Issue Size50,00,000 shares7,21,000 shares
Fresh Issue Size (Amount)up to ₹5.00 Crup to ₹9.37 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total50,00,000 shares7,21,000 shares
Issue Size Total (Amount)up to ₹5.00 Crup to ₹9.37 Cr

IPO Timetable

India Finsec IPO opens on May 24, 2013, while Opal Luxury Time Products IPO opens on Mar 25, 2013. The closing date of India Finsec IPO and Opal Luxury Time Products IPO is May 28, 2013, and Mar 28, 2013, respectively.

 India Finsec IPOOpal Luxury Time Products IPO
Anchor Bid Date
Issue OpenMay 24, 2013Mar 25, 2013
Issue CloseMay 28, 2013Mar 28, 2013
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)Jun 11, 2013Apr 12, 2013
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

India Finsec IPO P/E ratio is , as compared to Opal Luxury Time Products IPO P/E ratio of .

 India Finsec IPOOpal Luxury Time Products IPO
Financials
Promoter Shareholding (Pre-Issue)46.8835.99
Promoter Shareholding (Post-Issue)35.7625.27
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW0.25%24.42%

Shares Offered

In the India Finsec IPO Retail Individual Investors (RII) are offered 25,00,000 shares while in Opal Luxury Time Products IPO retail investors are offered 25,00,000 shares. Qualified Institutional Buyers (QIB) are offered in India Finsec IPO and 4,75,000 shares in Opal Luxury Time Products IPO.

 India Finsec IPOOpal Luxury Time Products IPO
Anchor Investor Reserveration
Market Maker Reserveration3,50,000 shares2,79,000 shares
QIB4,75,000 shares
NII25,00,000 shares1,43,000 shares
RII25,00,000 shares3,32,000 shares
Employee
Others
Total50,00,000 shares9,50,000 shares

Bids Received (Subscription)

India Finsec IPO subscribed in total, whereas Opal Luxury Time Products IPO subscribed .

 India Finsec IPOOpal Luxury Time Products IPO
QIB (times)
NII (times)
Big NII (times)
Small NII (times)
RII (times)
Employee (times)
Other (times)
Total (times)