Comparison between Promax Power IPO and Samor Reality IPO.
IPO Details
Promax Power IPO is a SME Fixed Price IPO proposed to list at BSE SME while Samor Reality IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Promax Power IPO is up to ₹1.52 Cr whereas the issue size of the Samor Reality IPO is up to ₹7.64 Cr. The final issue price of Promax Power IPO is ₹10.00 per share and of Samor Reality IPO is ₹62.00 per share.
IPO Timetable
Promax Power IPO opens on Sep 30, 2021, while Samor Reality IPO opens on Sep 30, 2021. The closing date of Promax Power IPO and Samor Reality IPO is Oct 04, 2021, and Oct 05, 2021, respectively.
| | Promax Power IPO | Samor Reality IPO |
|---|
| Issue Open | Sep 30, 2021 | Sep 30, 2021 |
| Issue Close | Oct 04, 2021 | Oct 05, 2021 |
| Basis Of Allotment (Tentative) | Oct 07, 2021 | Oct 08, 2021 |
| Initiation of Refunds (Tentative) | Oct 08, 2021 | |
| Credit of Share (Tentative) | Oct 11, 2021 | |
| Listing date (Tentative) | Oct 12, 2021 | Oct 13, 2021 |
Financials & KPIs
Promax Power IPO P/E ratio is , as compared to Samor Reality IPO P/E ratio of .
Shares Offered
In the Promax Power IPO Retail Individual Investors (RII) are offered 7,60,000 shares while in Samor Reality IPO retail investors are offered 7,60,000 shares. Qualified Institutional Buyers (QIB) are offered in Promax Power IPO and in Samor Reality IPO.
| | Promax Power IPO | Samor Reality IPO |
|---|
| Market Maker Reservation | 80,000 shares | 68,000 shares |
| NII | 7,60,000 shares | 6,16,000 shares |
| RII | 7,60,000 shares | 6,16,000 shares |
| Total | 15,20,000 shares | 12,32,000 shares |
Bids Received (Subscription)
Promax Power IPO subscribed 6.89x in total, whereas Samor Reality IPO subscribed 1.74x.
