Comparison between Pattech Fitwell Tube IPO and Sancode Technologies IPO.
Pattech Fitwell Tube IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sancode Technologies IPO is a SME Fixed Price proposed to list at BSE SME.
| Pattech Fitwell Tube IPO | Sancode Technologies IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Fedex Securities Pvt.Ltd. | Shreni Shares Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Pure Broking Pvt.Ltd. | Shreni Shares 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 Pattech Fitwell Tube IPO is up to ₹11.37 Cr whereas the issue size of the Sancode Technologies IPO is up to ₹4.88 Cr. The final issue price of Pattech Fitwell Tube IPO is ₹50.00 per share and of Sancode Technologies IPO is ₹47.00 per share.
| Pattech Fitwell Tube IPO | Sancode Technologies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹50.00 per share | ₹47.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 3000 shares |
| Fresh Issue Size | 22,74,000 shares | 10,38,000 shares |
| Fresh Issue Size (Amount) | up to ₹11.37 Cr | up to ₹4.88 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 | 22,74,000 shares | 10,38,000 shares |
| Issue Size Total (Amount) | up to ₹11.37 Cr | up to ₹4.88 Cr |
Pattech Fitwell Tube IPO opens on Apr 05, 2023, while Sancode Technologies IPO opens on Mar 31, 2023. The closing date of Pattech Fitwell Tube IPO and Sancode Technologies IPO is Apr 12, 2023, and Apr 06, 2023, respectively.
| Pattech Fitwell Tube IPO | Sancode Technologies IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Apr 05, 2023 | Mar 31, 2023 |
| Issue Close | Apr 12, 2023 | Apr 06, 2023 |
| Basis Of Allotment (Tentative) | Apr 18, 2023 | Apr 12, 2023 |
| Initiation of Refunds (Tentative) | Apr 19, 2023 | Apr 13, 2023 |
| Credit of Share (Tentative) | Apr 20, 2023 | Apr 17, 2023 |
| Listing date (Tentative) | Apr 21, 2023 | Apr 18, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Pattech Fitwell Tube IPO P/E ratio is 46.73, as compared to Sancode Technologies IPO P/E ratio of 10.71.
| Pattech Fitwell Tube IPO | Sancode Technologies IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 97.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.06 | 71.24 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 46.73 | 10.71 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹38.79 Cr. | ₹19.12 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 25.66 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 11 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.42 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21.93 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Pattech Fitwell Tube IPO Retail Individual Investors (RII) are offered 11,37,000 shares while in Sancode Technologies IPO retail investors are offered 11,37,000 shares. Qualified Institutional Buyers (QIB) are offered in Pattech Fitwell Tube IPO and in Sancode Technologies IPO.
| Pattech Fitwell Tube IPO | Sancode Technologies IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,26,000 shares | 57,000 shares |
| QIB | ||
| NII | 11,37,000 shares | 5,19,000 shares |
| RII | 11,37,000 shares | 5,19,000 shares |
| Employee | ||
| Others | ||
| Total | 22,74,000 shares | 10,38,000 shares |
Pattech Fitwell Tube IPO subscribed 1.97x in total, whereas Sancode Technologies IPO subscribed 3.68x.
| Pattech Fitwell Tube IPO | Sancode Technologies IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.05x | 3.98x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.90x | 3.39x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.97x | 3.68x |
