Palm Jewels IPO vs Priti International IPO

Comparison between Palm Jewels IPO and Priti International IPO.

IPO Details

Palm Jewels IPO is a SME Fixed Price IPO proposed to list at BSE SME while Priti International IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Palm Jewels IPO is up to ₹8.45 Cr whereas the issue size of the Priti International IPO is up to ₹4.99 Cr. The final issue price of Palm Jewels IPO is ₹30.00 per share and of Priti International IPO is ₹75.00 per share.

 Palm Jewels IPOPriti International IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹30.00 per share₹75.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares1600 shares
Fresh Issue Size28,16,000 shares6,65,600 shares
Fresh Issue Size (Amount)up to ₹8.45 Crup to ₹4.99 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total28,16,000 shares6,65,600 shares
Issue Size Total (Amount)up to ₹8.45 Crup to ₹4.99 Cr

IPO Timetable

Palm Jewels IPO opens on May 25, 2018, while Priti International IPO opens on Jun 11, 2018. The closing date of Palm Jewels IPO and Priti International IPO is Jun 04, 2018, and Jun 13, 2018, respectively.

 Palm Jewels IPOPriti International IPO
Issue OpenMay 25, 2018Jun 11, 2018
Issue CloseJun 04, 2018Jun 13, 2018
Basis Of Allotment (Tentative)Jun 06, 2018Jun 18, 2018
Initiation of Refunds (Tentative)Jun 07, 2018Jun 19, 2018
Credit of Share (Tentative)Jun 07, 2018Jun 20, 2018
Listing date (Tentative)Jun 12, 2018Jun 21, 2018

Financials & KPIs

Palm Jewels IPO P/E ratio is , as compared to Priti International IPO P/E ratio of .

 Palm Jewels IPOPriti International IPO
Financials

Company Financials (Restated)

Period Ended28 Feb 201831 Mar 201731 Mar 201631 Mar 2015
Assets6.091.630.370.36
Total Income19.755.521.570.98
Profit After Tax0.440.020.01-0.00
NET Worth4.130.340.320.32
Reserves and Surplus2.700.020.010.00
Total Borrowing1.49
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 2017
Assets7.69
Total Income3.24
Profit After Tax0.16
NET Worth3.95
Reserves and Surplus2.11
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)96.22%100%
Promoter Shareholding (Post-Issue)57.54%72.99%
Market Cap₹22.15 Cr.₹45.68 Cr.

Shares Offered

In the Palm Jewels IPO Retail Individual Investors (RII) are offered 14,08,000 shares while in Priti International IPO retail investors are offered 14,08,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Palm Jewels IPO and 0 shares in Priti International IPO.

 Palm Jewels IPOPriti International IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,52,000 shares35,200 shares
QIB0 shares0 shares
NII14,08,000 shares3,32,800 shares
RII14,08,000 shares3,32,800 shares
Employee0 shares0 shares
Total28,16,000 shares6,65,600 shares

Bids Received (Subscription)

Palm Jewels IPO subscribed 1.16x in total, whereas Priti International IPO subscribed 7.76x.

 Palm Jewels IPOPriti International IPO
NII (times)0.82x7.41x
RII (times)1.50x8.10x
Total (times)1.16x7.76x

Compare with others

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Palm Jewels IPO Vs Priti International IPO