Comparison between Pattech Fitwell Tube IPO and Sancode Technologies IPO.
IPO Details
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.
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 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.
IPO Timetable
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 |
|---|
| 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 |
Financials & KPIs
Pattech Fitwell Tube IPO P/E ratio is 46.73, as compared to Sancode Technologies IPO P/E ratio of 10.71.
Shares Offered
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 |
|---|
| Market Maker Reservation | 1,26,000 shares | 57,000 shares |
| NII | 11,37,000 shares | 5,19,000 shares |
| RII | 11,37,000 shares | 5,19,000 shares |
| Total | 22,74,000 shares | 10,38,000 shares |
Bids Received (Subscription)
Pattech Fitwell Tube IPO subscribed 2.08x in total, whereas Sancode Technologies IPO subscribed 3.68x.
