Comparison between Parin Furniture IPO and Silgo Retail IPO.
IPO Details
Parin Furniture IPO is a SME Fixed Price IPO proposed to list at NSE SME while Silgo Retail IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Parin Furniture IPO is up to ₹17.89 Cr whereas the issue size of the Silgo Retail IPO is up to ₹4.62 Cr. The final issue price of Parin Furniture IPO is ₹63.00 per share and of Silgo Retail IPO is ₹36.00 per share.
IPO Timetable
Parin Furniture IPO opens on Sep 26, 2018, while Silgo Retail IPO opens on Sep 27, 2018. The closing date of Parin Furniture IPO and Silgo Retail IPO is Sep 28, 2018, and Oct 03, 2018, respectively.
| | Parin Furniture IPO | Silgo Retail IPO |
|---|
| Issue Open | Sep 26, 2018 | Sep 27, 2018 |
| Issue Close | Sep 28, 2018 | Oct 03, 2018 |
| Basis Of Allotment (Tentative) | Oct 04, 2018 | Oct 08, 2018 |
| Initiation of Refunds (Tentative) | Oct 05, 2018 | Oct 09, 2018 |
| Credit of Share (Tentative) | Oct 05, 2018 | Oct 10, 2018 |
| Listing date (Tentative) | Oct 09, 2018 | Oct 10, 2018 |
Financials & KPIs
Parin Furniture IPO P/E ratio is , as compared to Silgo Retail IPO P/E ratio of .
Shares Offered
In the Parin Furniture IPO Retail Individual Investors (RII) are offered 9,94,000 shares while in Silgo Retail IPO retail investors are offered 9,94,000 shares. Qualified Institutional Buyers (QIB) are offered 2,84,000 shares in Parin Furniture IPO and 0 shares in Silgo Retail IPO.
| | Parin Furniture IPO | Silgo Retail IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,60,000 shares | 72,000 shares |
| QIB | 2,84,000 shares | 0 shares |
| NII | 15,62,000 shares | 6,42,000 shares |
| RII | 9,94,000 shares | 6,42,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 28,40,000 shares | 12,84,000 shares |
Bids Received (Subscription)
Parin Furniture IPO subscribed 2.45x in total, whereas Silgo Retail IPO subscribed 1.23x.