Comparison between ITCONS E-Solutions IPO and Patron Exim IPO.
ITCONS E-Solutions IPO is a SME Fixed Price IPO proposed to list at BSE SME while Patron Exim IPO is a SME Fixed Price proposed to list at BSE SME.
| ITCONS E-Solutions IPO | Patron Exim IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Finshore Management Services Ltd. | Interactive Financial Services Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Sunflower Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of ITCONS E-Solutions IPO is up to ₹8.23 Cr whereas the issue size of the Patron Exim IPO is up to ₹15.83 Cr. The final issue price of ITCONS E-Solutions IPO is ₹51.00 per share and of Patron Exim IPO is ₹27.00 per share.
| ITCONS E-Solutions IPO | Patron Exim IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹51.00 per share | ₹27.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 4000 shares |
| Fresh Issue Size | 16,14,000 shares | 58,64,000 shares |
| Fresh Issue Size (Amount) | up to ₹8.23 Cr | up to ₹15.83 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 16,14,000 shares | 58,64,000 shares |
| Issue Size Total (Amount) | up to ₹8.23 Cr | up to ₹15.83 Cr |
ITCONS E-Solutions IPO opens on Feb 28, 2023, while Patron Exim IPO opens on Feb 21, 2023. The closing date of ITCONS E-Solutions IPO and Patron Exim IPO is Mar 02, 2023, and Feb 24, 2023, respectively.
| ITCONS E-Solutions IPO | Patron Exim IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 28, 2023 | Feb 21, 2023 |
| Issue Close | Mar 02, 2023 | Feb 24, 2023 |
| Basis Of Allotment (Tentative) | Mar 08, 2023 | Mar 01, 2023 |
| Initiation of Refunds (Tentative) | Mar 09, 2023 | Mar 02, 2023 |
| Credit of Share (Tentative) | Mar 10, 2023 | Mar 03, 2023 |
| Listing date (Tentative) | Mar 13, 2023 | Mar 06, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
ITCONS E-Solutions IPO P/E ratio is 12.09, as compared to Patron Exim IPO P/E ratio of 28.72.
| ITCONS E-Solutions IPO | Patron Exim IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 89.67 | 97.06 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 59.36 | 71.18 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.09 | 28.72 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹25.65 Cr. | ₹62.59 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 53 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 58 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.48 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.16 | ₹1.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 53.31 | 16.15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the ITCONS E-Solutions IPO Retail Individual Investors (RII) are offered 8,08,000 shares while in Patron Exim IPO retail investors are offered 8,08,000 shares. Qualified Institutional Buyers (QIB) are offered in ITCONS E-Solutions IPO and in Patron Exim IPO.
| ITCONS E-Solutions IPO | Patron Exim IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 86,000 shares | 3,16,000 shares |
| QIB | ||
| NII | 8,06,000 shares | 29,32,000 shares |
| RII | 8,08,000 shares | 29,32,000 shares |
| Employee | ||
| Others | ||
| Total | 16,14,000 shares | 58,64,000 shares |
ITCONS E-Solutions IPO subscribed 16.79x in total, whereas Patron Exim IPO subscribed 1.07x.
| ITCONS E-Solutions IPO | Patron Exim IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 16.12x | 0.97x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 17.45x | 1.17x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 16.79x | 1.07x |
