Comparison between India Finsec IPO and Opal Luxury Time Products IPO.
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 IPO | Opal Luxury Time Products IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | IDBI CAPITAL MARKETS & SECURITIES LTD. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | MSB E-Trade Securities Ltd. | IDBI Capital Markets & Securities 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 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 IPO | Opal 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 Size | 10000 shares | 1000 shares |
| Fresh Issue Size | 50,00,000 shares | 7,21,000 shares |
| Fresh Issue Size (Amount) | up to ₹5.00 Cr | up to ₹9.37 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 | 50,00,000 shares | 7,21,000 shares |
| Issue Size Total (Amount) | up to ₹5.00 Cr | up to ₹9.37 Cr |
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 IPO | Opal Luxury Time Products IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | May 24, 2013 | Mar 25, 2013 |
| Issue Close | May 28, 2013 | Mar 28, 2013 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Jun 11, 2013 | Apr 12, 2013 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
India Finsec IPO P/E ratio is , as compared to Opal Luxury Time Products IPO P/E ratio of .
| India Finsec IPO | Opal Luxury Time Products IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 46.88 | 35.99 | ||||
| Promoter Shareholding (Post-Issue) | 35.76 | 25.27 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹19.44 Cr. | ₹43.66 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 0.25 | 24.42 |
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 IPO | Opal Luxury Time Products IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 3,50,000 shares | 2,79,000 shares |
| QIB | 4,75,000 shares | |
| NII | 25,00,000 shares | 1,43,000 shares |
| RII | 25,00,000 shares | 3,32,000 shares |
| Employee | ||
| Others | ||
| Total | 50,00,000 shares | 9,50,000 shares |
India Finsec IPO subscribed 1.40x in total, whereas Opal Luxury Time Products IPO subscribed 0.76x.
| India Finsec IPO | Opal Luxury Time Products IPO | |
|---|---|---|
| QIB (times) | 1.17x | |
| NII (times) | 0.65x | 0.34x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.15x | 0.35x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.40x | 0.76x |
