ADJIA Technologies IPO vs Party Cruisers IPO

Comparison between ADJIA Technologies IPO and Party Cruisers IPO.

IPO Details

ADJIA Technologies IPO is a SME Fixed Price IPO proposed to list at BSE SME while Party Cruisers IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of ADJIA Technologies IPO is up to ₹1.89 Cr whereas the issue size of the Party Cruisers IPO is up to ₹7.36 Cr. The final issue price of ADJIA Technologies IPO is ₹74.00 per share and of Party Cruisers IPO is ₹51.00 per share.

 ADJIA Technologies IPOParty Cruisers IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹74.00 per share₹51.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1600 shares2000 shares
Fresh Issue Size2,56,000 shares14,44,000 shares
Fresh Issue Size (Amount)up to ₹1.89 Crup to ₹7.36 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total2,56,000 shares14,44,000 shares
Issue Size Total (Amount)up to ₹1.89 Crup to ₹7.36 Cr

IPO Timetable

ADJIA Technologies IPO opens on Mar 02, 2021, while Party Cruisers IPO opens on Feb 22, 2021. The closing date of ADJIA Technologies IPO and Party Cruisers IPO is Mar 04, 2021, and Feb 25, 2021, respectively.

 ADJIA Technologies IPOParty Cruisers IPO
Issue OpenMar 02, 2021Feb 22, 2021
Issue CloseMar 04, 2021Feb 25, 2021
Basis Of Allotment (Tentative)Mar 09, 2021Mar 02, 2021
Initiation of Refunds (Tentative)Mar 10, 2021Mar 03, 2021
Credit of Share (Tentative)Mar 12, 2021Mar 04, 2021
Listing date (Tentative)Mar 15, 2021Mar 05, 2021

Financials & KPIs

ADJIA Technologies IPO P/E ratio is , as compared to Party Cruisers IPO P/E ratio of .

 ADJIA Technologies IPOParty Cruisers IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202031 Mar 202031 Mar 201931 Mar 2018
Assets0.680.040.020.02
Total Income0.170.10
Profit After Tax0.060.02-0.00-0.00
EBITDA0.070.03-0.00-0.00
NET Worth0.640.04-0.04-0.04
Reserves and Surplus0.03-0.03-0.05-0.05
Total Borrowing0.010.000.060.06
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202031 Mar 202031 Mar 201931 Mar 2018
Assets11.6912.2811.9410.14
Total Income1.7115.8918.8815.36
Profit After Tax0.151.301.931.48
NET Worth9.499.268.076.13
Reserves and Surplus5.415.184.026.08
Total Borrowing0.821.010.330.50
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)94.1%100%
Promoter Shareholding (Post-Issue)65.2%72.86%
Market Cap₹6.51 Cr.₹28.56 Cr.

Shares Offered

In the ADJIA Technologies IPO Retail Individual Investors (RII) are offered 1,28,000 shares while in Party Cruisers IPO retail investors are offered 1,28,000 shares. Qualified Institutional Buyers (QIB) are offered in ADJIA Technologies IPO and in Party Cruisers IPO.

 ADJIA Technologies IPOParty Cruisers IPO
Market Maker Reservation14,400 shares76,000 shares
NII1,28,000 shares7,22,000 shares
RII1,28,000 shares7,22,000 shares
Total2,56,000 shares14,44,000 shares

Bids Received (Subscription)

ADJIA Technologies IPO subscribed 6.37x in total, whereas Party Cruisers IPO subscribed 1.30x.

 ADJIA Technologies IPOParty Cruisers IPO
NII (times)1.85x0.34x
RII (times)10.89x2.26x
Total (times)6.37x1.30x

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ADJIA Technologies IPO Vs Party Cruisers IPO