Comparison between Innovative Tyres IPO and Poojawestern Metaliks IPO.
Innovative Tyres IPO is a SME Fixed Price IPO proposed to list at NSE SME while Poojawestern Metaliks IPO is a SME Fixed Price proposed to list at BSE SME.
| Innovative Tyres IPO | Poojawestern Metaliks IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Pantomath Capital Advisors Pvt.Ltd. | Pantomath Capital Advisors Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Goldmine Stocks Pvt.Ltd. | Pantomath Stock Brokers 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 Innovative Tyres IPO is up to ₹26.87 Cr whereas the issue size of the Poojawestern Metaliks IPO is up to ₹5.18 Cr. The final issue price of Innovative Tyres IPO is ₹45.00 per share and of Poojawestern Metaliks IPO is ₹36.00 per share.
| Innovative Tyres IPO | Poojawestern Metaliks IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹42.00 per share | |
| Issue Price (Upper) | ₹45.00 per share | |
| Issue Price (Final) | ₹45.00 per share | ₹36.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 3000 shares | 3000 shares |
| Fresh Issue Size | 59,70,000 shares | 14,40,000 shares |
| Fresh Issue Size (Amount) | up to ₹26.87 Cr | up to ₹5.18 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 | 59,70,000 shares | 14,40,000 shares |
| Issue Size Total (Amount) | up to ₹26.87 Cr | up to ₹5.18 Cr |
Innovative Tyres IPO opens on Sep 22, 2017, while Poojawestern Metaliks IPO opens on Sep 22, 2017. The closing date of Innovative Tyres IPO and Poojawestern Metaliks IPO is Sep 26, 2017, and Sep 26, 2017, respectively.
| Innovative Tyres IPO | Poojawestern Metaliks IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 22, 2017 | Sep 22, 2017 |
| Issue Close | Sep 26, 2017 | Sep 26, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Oct 05, 2017 | Oct 05, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Innovative Tyres IPO P/E ratio is , as compared to Poojawestern Metaliks IPO P/E ratio of .
| Innovative Tyres IPO | Poojawestern Metaliks IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹80.96 Cr. | ₹18.26 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Innovative Tyres IPO Retail Individual Investors (RII) are offered 25,50,000 shares while in Poojawestern Metaliks IPO retail investors are offered 25,50,000 shares. Qualified Institutional Buyers (QIB) are offered in Innovative Tyres IPO and in Poojawestern Metaliks IPO.
| Innovative Tyres IPO | Poojawestern Metaliks IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 3,27,000 shares | 81,000 shares |
| QIB | ||
| NII | 25,50,000 shares | 7,20,000 shares |
| RII | 25,50,000 shares | 7,20,000 shares |
| Employee | 8,70,000 shares | |
| Others | ||
| Total | 59,70,000 shares | 14,40,000 shares |
Innovative Tyres IPO subscribed 8.03x in total, whereas Poojawestern Metaliks IPO subscribed 1.90x.
| Innovative Tyres IPO | Poojawestern Metaliks IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 4.07x | 0.76x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 14.36x | 3.04x |
| Employee (times) | 0.91x | |
| Other (times) | ||
| Total (times) | 8.03x | 1.90x |
