Comparison between AB Cotspin IPO and Precision Metaliks IPO.
IPO Details
AB Cotspin IPO is a SME Fixed Price IPO proposed to list at NSE SME while Precision Metaliks IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of AB Cotspin IPO is up to ₹9.58 Cr whereas the issue size of the Precision Metaliks IPO is up to ₹20.83 Cr. The final issue price of AB Cotspin IPO is ₹35.00 per share and of Precision Metaliks IPO is ₹51.00 per share.
IPO Timetable
AB Cotspin IPO opens on Dec 30, 2021, while Precision Metaliks IPO opens on Jan 19, 2022. The closing date of AB Cotspin IPO and Precision Metaliks IPO is Jan 03, 2022, and Jan 24, 2022, respectively.
| | AB Cotspin IPO | Precision Metaliks IPO |
|---|
| Issue Open | Dec 30, 2021 | Jan 19, 2022 |
| Issue Close | Jan 03, 2022 | Jan 24, 2022 |
| Basis Of Allotment (Tentative) | Jan 06, 2022 | Jan 28, 2022 |
| Initiation of Refunds (Tentative) | Jan 07, 2022 | Jan 31, 2022 |
| Credit of Share (Tentative) | Jan 10, 2022 | Feb 01, 2022 |
| Listing date (Tentative) | Jan 11, 2022 | Feb 01, 2022 |
Financials & KPIs
AB Cotspin IPO P/E ratio is 2.71, as compared to Precision Metaliks IPO P/E ratio of 19.32.
Shares Offered
In the AB Cotspin IPO Retail Individual Investors (RII) are offered 13,68,000 shares while in Precision Metaliks IPO retail investors are offered 13,68,000 shares. Qualified Institutional Buyers (QIB) are offered in AB Cotspin IPO and in Precision Metaliks IPO.
| | AB Cotspin IPO | Precision Metaliks IPO |
|---|
| Market Maker Reservation | 1,48,000 shares | 2,16,000 shares |
| NII | 13,68,000 shares | 20,42,000 shares |
| RII | 13,68,000 shares | 20,42,000 shares |
| Total | 27,36,000 shares | 40,84,000 shares |
Bids Received (Subscription)
AB Cotspin IPO subscribed 13.46x in total, whereas Precision Metaliks IPO subscribed 7.36x.