Comparison between Piotex Industries IPO and Silkflex Polymers IPO.
IPO Details
Piotex Industries IPO is a SME Fixed Price IPO proposed to list at BSE SME while Silkflex Polymers IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Piotex Industries IPO is up to ₹13.74 Cr whereas the issue size of the Silkflex Polymers IPO is up to ₹17.18 Cr. The final issue price of Piotex Industries IPO is ₹94.00 per share and of Silkflex Polymers IPO is ₹52.00 per share.
IPO Timetable
Piotex Industries IPO opens on May 10, 2024, while Silkflex Polymers IPO opens on May 07, 2024. The closing date of Piotex Industries IPO and Silkflex Polymers IPO is May 14, 2024, and May 10, 2024, respectively.
| | Piotex Industries IPO | Silkflex Polymers IPO |
|---|
| Issue Open | May 10, 2024 | May 07, 2024 |
| Issue Close | May 14, 2024 | May 10, 2024 |
| Basis Of Allotment (Tentative) | May 15, 2024 | May 13, 2024 |
| Initiation of Refunds (Tentative) | May 16, 2024 | May 14, 2024 |
| Credit of Share (Tentative) | May 16, 2024 | May 14, 2024 |
| Listing date (Tentative) | May 17, 2024 | May 15, 2024 |
Financials & KPIs
Piotex Industries IPO P/E ratio is 11.14, as compared to Silkflex Polymers IPO P/E ratio of 53.76.
Shares Offered
In the Piotex Industries IPO Retail Individual Investors (RII) are offered 7,30,800 shares while in Silkflex Polymers IPO retail investors are offered 7,30,800 shares. Qualified Institutional Buyers (QIB) are offered in Piotex Industries IPO and in Silkflex Polymers IPO.
| | Piotex Industries IPO | Silkflex Polymers IPO |
|---|
| Market Maker Reservation | 78,000 shares | 1,78,000 shares |
| NII | 7,30,800 shares | 16,52,000 shares |
| RII | 7,30,800 shares | 16,52,000 shares |
| Total | 14,61,600 shares | 33,04,000 shares |
Bids Received (Subscription)
Piotex Industries IPO subscribed 104.27x in total, whereas Silkflex Polymers IPO subscribed 36.28x.
