Comparison between Precision Metaliks IPO and Safa Systems IPO.
IPO Details
Precision Metaliks IPO is a SME Fixed Price IPO proposed to list at NSE SME while Safa Systems IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Precision Metaliks IPO is up to ₹20.83 Cr whereas the issue size of the Safa Systems IPO is up to ₹3.80 Cr. The final issue price of Precision Metaliks IPO is ₹51.00 per share and of Safa Systems IPO is ₹10.00 per share.
IPO Timetable
Precision Metaliks IPO opens on Jan 19, 2022, while Safa Systems IPO opens on Jan 28, 2022. The closing date of Precision Metaliks IPO and Safa Systems IPO is Jan 24, 2022, and Feb 01, 2022, respectively.
| | Precision Metaliks IPO | Safa Systems IPO |
|---|
| Issue Open | Jan 19, 2022 | Jan 28, 2022 |
| Issue Close | Jan 24, 2022 | Feb 01, 2022 |
| Basis Of Allotment (Tentative) | Jan 28, 2022 | Feb 04, 2022 |
| Initiation of Refunds (Tentative) | Jan 31, 2022 | Feb 07, 2022 |
| Credit of Share (Tentative) | Feb 01, 2022 | Feb 08, 2022 |
| Listing date (Tentative) | Feb 01, 2022 | Feb 09, 2022 |
Financials & KPIs
Precision Metaliks IPO P/E ratio is 19.32, as compared to Safa Systems IPO P/E ratio of 29.41.
Shares Offered
In the Precision Metaliks IPO Retail Individual Investors (RII) are offered 20,42,000 shares while in Safa Systems IPO retail investors are offered 20,42,000 shares. Qualified Institutional Buyers (QIB) are offered in Precision Metaliks IPO and in Safa Systems IPO.
| | Precision Metaliks IPO | Safa Systems IPO |
|---|
| Market Maker Reservation | 2,16,000 shares | 2,00,000 shares |
| NII | 20,42,000 shares | 19,00,000 shares |
| RII | 20,42,000 shares | 19,00,000 shares |
| Total | 40,84,000 shares | 38,00,000 shares |
Bids Received (Subscription)
Precision Metaliks IPO subscribed 7.36x in total, whereas Safa Systems IPO subscribed 52.71x.
