Comparison between Piotex Industries IPO and Premier Roadlines IPO.
IPO Details
Piotex Industries IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Premier Roadlines IPO is a SME Bookbuilding 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 Premier Roadlines IPO is up to ₹38.32 Cr. The final issue price of Piotex Industries IPO is ₹94.00 per share and of Premier Roadlines IPO is ₹67.00 per share.
IPO Timetable
Piotex Industries IPO opens on May 10, 2024, while Premier Roadlines IPO opens on May 10, 2024. The closing date of Piotex Industries IPO and Premier Roadlines IPO is May 14, 2024, and May 14, 2024, respectively.
| | Piotex Industries IPO | Premier Roadlines IPO |
|---|
| Anchor Bid Date | | May 09, 2024 |
| Issue Open | May 10, 2024 | May 10, 2024 |
| Issue Close | May 14, 2024 | May 14, 2024 |
| Basis Of Allotment (Tentative) | May 15, 2024 | May 15, 2024 |
| Initiation of Refunds (Tentative) | May 16, 2024 | May 16, 2024 |
| Credit of Share (Tentative) | May 16, 2024 | May 16, 2024 |
| Listing date (Tentative) | May 17, 2024 | May 17, 2024 |
| Anchor Lockin End date 1 | | Jun 14, 2024 |
| Anchor Lockin End date 2 | | Aug 13, 2024 |
Financials & KPIs
Piotex Industries IPO P/E ratio is 11.14, as compared to Premier Roadlines IPO P/E ratio of 15.7.
Shares Offered
In the Piotex Industries IPO Retail Individual Investors (RII) are offered 7,30,800 shares while in Premier Roadlines IPO retail investors are offered 7,30,800 shares. Qualified Institutional Buyers (QIB) are offered in Piotex Industries IPO and 11,44,000 shares in Premier Roadlines IPO.
| | Piotex Industries IPO | Premier Roadlines IPO |
|---|
| Anchor Investor Reservation | | 17,14,000 shares |
| Market Maker Reservation | 78,000 shares | 3,04,000 shares |
| QIB | | 11,44,000 shares |
| NII | 7,30,800 shares | 8,58,000 shares |
| RII | 7,30,800 shares | 20,04,000 shares |
| Total | 14,61,600 shares | 57,20,000 shares |
Bids Received (Subscription)
Piotex Industries IPO subscribed 104.27x in total, whereas Premier Roadlines IPO subscribed 82.34x.
