Comparison between Innovative Ideals IPO and Parin Furniture IPO.
IPO Details
Innovative Ideals IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Parin Furniture IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of Innovative Ideals IPO is up to ₹11.64 Cr whereas the issue size of the Parin Furniture IPO is up to ₹17.89 Cr. The final issue price of Innovative Ideals IPO is ₹40.00 per share and of Parin Furniture IPO is ₹63.00 per share.
IPO Timetable
Innovative Ideals IPO opens on Sep 24, 2018, while Parin Furniture IPO opens on Sep 26, 2018. The closing date of Innovative Ideals IPO and Parin Furniture IPO is Sep 26, 2018, and Sep 28, 2018, respectively.
| | Innovative Ideals IPO | Parin Furniture IPO |
|---|
| Issue Open | Sep 24, 2018 | Sep 26, 2018 |
| Issue Close | Sep 26, 2018 | Sep 28, 2018 |
| Basis Of Allotment (Tentative) | Oct 01, 2018 | Oct 04, 2018 |
| Initiation of Refunds (Tentative) | Oct 03, 2018 | Oct 05, 2018 |
| Credit of Share (Tentative) | Oct 04, 2018 | Oct 05, 2018 |
| Listing date (Tentative) | Oct 05, 2018 | Oct 09, 2018 |
Financials & KPIs
Innovative Ideals IPO P/E ratio is , as compared to Parin Furniture IPO P/E ratio of .
Shares Offered
In the Innovative Ideals IPO Retail Individual Investors (RII) are offered 14,55,000 shares while in Parin Furniture IPO retail investors are offered 14,55,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Innovative Ideals IPO and 2,84,000 shares in Parin Furniture IPO.
| | Innovative Ideals IPO | Parin Furniture IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,56,000 shares | 1,60,000 shares |
| QIB | 0 shares | 2,84,000 shares |
| NII | 14,55,000 shares | 15,62,000 shares |
| RII | 14,55,000 shares | 9,94,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 29,10,000 shares | 28,40,000 shares |
Bids Received (Subscription)
Innovative Ideals IPO subscribed 1.30x in total, whereas Parin Furniture IPO subscribed 2.45x.
