Comparison between Pace E-Commerce Ventures IPO and Trident Lifeline IPO.
IPO Details
Pace E-Commerce Ventures IPO is a SME Fixed Price IPO proposed to list at BSE SME while Trident Lifeline IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Pace E-Commerce Ventures IPO is up to ₹63.11 Cr whereas the issue size of the Trident Lifeline IPO is up to ₹33.57 Cr. The final issue price of Pace E-Commerce Ventures IPO is ₹103.00 per share and of Trident Lifeline IPO is ₹101.00 per share.
| | Pace E-Commerce Ventures IPO | Trident Lifeline IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹103.00 per share | ₹101.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 1200 shares | 1200 shares |
| Fresh Issue Size | 36,67,600 shares | 33,24,000 shares |
| Fresh Issue Size (Amount) | up to ₹37.78 Cr | up to ₹33.57 Cr |
| OFS Issue Size | 24,59,600 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹25.33 Cr | up to ₹0.00 Cr |
| Issue Size Total | 61,27,200 shares | 33,24,000 shares |
| Issue Size Total (Amount) | up to ₹63.11 Cr | up to ₹33.57 Cr |
IPO Timetable
Pace E-Commerce Ventures IPO opens on Sep 29, 2022, while Trident Lifeline IPO opens on Sep 26, 2022. The closing date of Pace E-Commerce Ventures IPO and Trident Lifeline IPO is Oct 13, 2022, and Sep 29, 2022, respectively.
| | Pace E-Commerce Ventures IPO | Trident Lifeline IPO |
|---|
| Issue Open | Sep 29, 2022 | Sep 26, 2022 |
| Issue Close | Oct 13, 2022 | Sep 29, 2022 |
| Basis Of Allotment (Tentative) | Oct 18, 2022 | Oct 04, 2022 |
| Initiation of Refunds (Tentative) | Oct 19, 2022 | Oct 06, 2022 |
| Credit of Share (Tentative) | Oct 20, 2022 | Oct 07, 2022 |
| Listing date (Tentative) | Oct 20, 2022 | Oct 10, 2022 |
Financials & KPIs
Pace E-Commerce Ventures IPO P/E ratio is 429.16, as compared to Trident Lifeline IPO P/E ratio of 51.53.
Shares Offered
In the Pace E-Commerce Ventures IPO Retail Individual Investors (RII) are offered 30,63,600 shares while in Trident Lifeline IPO retail investors are offered 30,63,600 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Pace E-Commerce Ventures IPO and in Trident Lifeline IPO.
| | Pace E-Commerce Ventures IPO | Trident Lifeline IPO |
|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 3,32,400 shares | 1,75,200 shares |
| QIB | 0 shares | |
| NII | 30,63,600 shares | 16,62,000 shares |
| RII | 30,63,600 shares | 16,62,000 shares |
| Employee | 0 shares | |
| Total | 61,27,200 shares | 33,24,000 shares |
Bids Received (Subscription)
Pace E-Commerce Ventures IPO subscribed 1.14x in total, whereas Trident Lifeline IPO subscribed 1.34x.