Pashupati Cotspin IPO vs Servotech Power Systems IPO

Comparison between Pashupati Cotspin IPO and Servotech Power Systems IPO.

IPO Details

Pashupati Cotspin IPO is a SME Fixed Price IPO proposed to list at NSE SME while Servotech Power Systems IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Pashupati Cotspin IPO is up to ₹19.34 Cr whereas the issue size of the Servotech Power Systems IPO is up to ₹14.20 Cr. The final issue price of Pashupati Cotspin IPO is ₹75.00 per share and of Servotech Power Systems IPO is ₹31.00 per share.

 Pashupati Cotspin IPOServotech Power Systems IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹75.00 per share₹31.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1600 shares4000 shares
Fresh Issue Size25,79,200 shares45,80,000 shares
Fresh Issue Size (Amount)up to ₹19.34 Crup to ₹14.20 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total25,79,200 shares45,80,000 shares
Issue Size Total (Amount)up to ₹19.34 Crup to ₹14.20 Cr

IPO Timetable

Pashupati Cotspin IPO opens on Aug 28, 2017, while Servotech Power Systems IPO opens on Aug 09, 2017. The closing date of Pashupati Cotspin IPO and Servotech Power Systems IPO is Aug 31, 2017, and Aug 14, 2017, respectively.

 Pashupati Cotspin IPOServotech Power Systems IPO
Issue OpenAug 28, 2017Aug 09, 2017
Issue CloseAug 31, 2017Aug 14, 2017
Basis Of Allotment (Tentative)Sep 05, 2017Aug 21, 2017
Listing date (Tentative)Sep 08, 2017Aug 24, 2017

Financials & KPIs

Pashupati Cotspin IPO P/E ratio is , as compared to Servotech Power Systems IPO P/E ratio of .

 Pashupati Cotspin IPOServotech Power Systems IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets185.62148.93151.71
Total Income279.20262.36265.81
Profit After Tax13.488.438.08
NET Worth37.7039.7231.29
Reserves and Surplus30.2016.728.29
Total Borrowing115.5190.40101.29
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets59.1843.9332.37
Total Income83.2151.7132.18
Profit After Tax5.061.170.81
NET Worth13.148.135.69
Reserves and Surplus10.585.573.58
Total Borrowing17.3517.6615.80
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)89.00%94.38%
Promoter Shareholding (Post-Issue)64.90%69.23%
Market Cap₹42.00 Cr.₹56.76 Cr.

Shares Offered

In the Pashupati Cotspin IPO Retail Individual Investors (RII) are offered 12,89,600 shares while in Servotech Power Systems IPO retail investors are offered 12,89,600 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Pashupati Cotspin IPO and 0 shares in Servotech Power Systems IPO.

 Pashupati Cotspin IPOServotech Power Systems IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,04,800 shares3,00,000 shares
QIB0 shares0 shares
NII12,89,600 shares22,90,000 shares
RII12,89,600 shares22,90,000 shares
Employee0 shares0 shares
Total25,79,200 shares45,80,000 shares

Bids Received (Subscription)

Pashupati Cotspin IPO subscribed 1.84x in total, whereas Servotech Power Systems IPO subscribed 1.52x.

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Pashupati Cotspin IPO Vs Servotech Power Systems IPO