Pattech Fitwell Tube IPO vs Retina Paints IPO

Comparison between Pattech Fitwell Tube IPO and Retina Paints IPO.

IPO Details

Pattech Fitwell Tube IPO is a SME Fixed Price IPO proposed to list at NSE SME while Retina Paints IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Pattech Fitwell Tube IPO is up to ₹11.37 Cr whereas the issue size of the Retina Paints IPO is up to ₹10.54 Cr. The final issue price of Pattech Fitwell Tube IPO is ₹50.00 per share and of Retina Paints IPO is ₹30.00 per share.

 Pattech Fitwell Tube IPORetina Paints IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹50.00 per share₹30.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares4000 shares
Fresh Issue Size22,74,000 shares35,12,000 shares
Fresh Issue Size (Amount)up to ₹11.37 Crup to ₹10.54 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total22,74,000 shares35,12,000 shares
Issue Size Total (Amount)up to ₹11.37 Crup to ₹10.54 Cr

IPO Timetable

Pattech Fitwell Tube IPO opens on Apr 05, 2023, while Retina Paints IPO opens on Apr 19, 2023. The closing date of Pattech Fitwell Tube IPO and Retina Paints IPO is Apr 12, 2023, and Apr 24, 2023, respectively.

 Pattech Fitwell Tube IPORetina Paints IPO
Issue OpenApr 05, 2023Apr 19, 2023
Issue CloseApr 12, 2023Apr 24, 2023
Basis Of Allotment (Tentative)Apr 18, 2023Apr 27, 2023
Initiation of Refunds (Tentative)Apr 19, 2023Apr 28, 2023
Credit of Share (Tentative)Apr 20, 2023May 02, 2023
Listing date (Tentative)Apr 21, 2023May 03, 2023

Financials & KPIs

Pattech Fitwell Tube IPO P/E ratio is 46.73, as compared to Retina Paints IPO P/E ratio of .

 Pattech Fitwell Tube IPORetina Paints IPO
Financials

Company Financials (Restated)

Period Ended30 Nov 202221 Aug 202231 Mar 202231 Mar 202131 Mar 2020
Assets26.6125.7225.3013.8711.56
Total Income11.389.6922.6318.4520.39
Profit After Tax0.200.351.44-0.010.08
NET Worth5.295.705.633.211.90
Reserves and Surplus0.200.000.000.000.00
Total Borrowing17.4614.5616.649.768.68
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Nov 202231 Mar 202231 Mar 202131 Mar 2020
Assets20.7511.639.876.70
Total Income5.346.476.866.81
Profit After Tax0.400.110.050.05
NET Worth12.412.200.950.91
Reserves and Surplus7.290.350.230.19
Total Borrowing4.335.886.143.19
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%80.7%
Promoter Shareholding (Post-Issue)69.06%59.28%
P/E Ratio46.73
Market Cap₹38.79 Cr.₹41.82 Cr.
ROE25.66
ROCE11

Shares Offered

In the Pattech Fitwell Tube IPO Retail Individual Investors (RII) are offered 11,37,000 shares while in Retina Paints IPO retail investors are offered 11,37,000 shares. Qualified Institutional Buyers (QIB) are offered in Pattech Fitwell Tube IPO and in Retina Paints IPO.

 Pattech Fitwell Tube IPORetina Paints IPO
Market Maker Reservation1,26,000 shares1,88,000 shares
NII11,37,000 shares17,56,000 shares
RII11,37,000 shares17,56,000 shares
Total22,74,000 shares35,12,000 shares

Bids Received (Subscription)

Pattech Fitwell Tube IPO subscribed 2.08x in total, whereas Retina Paints IPO subscribed 8.70x.

 Pattech Fitwell Tube IPORetina Paints IPO
NII (times)2.16x6.43x
RII (times)2.01x10.97x
Total (times)2.08x8.70x

Compare with others

Compare: