Comparison between Prospect Commodities IPO and Systango Technologies IPO.
Prospect Commodities IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Systango Technologies IPO is a SME Bookbuilding proposed to list at NSE SME.
| Prospect Commodities IPO | Systango Technologies IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Interactive Financial Services Ltd. | Hem Securities Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Beeline Broking Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Prospect Commodities IPO is up to ₹7.10 Cr whereas the issue size of the Systango Technologies IPO is up to ₹33.05 Cr. The final issue price of Prospect Commodities IPO is ₹61.00 per share and of Systango Technologies IPO is ₹90.00 per share.
| Prospect Commodities IPO | Systango Technologies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹85.00 per share | |
| Issue Price (Upper) | ₹90.00 per share | |
| Issue Price (Final) | ₹61.00 per share | ₹90.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1600 shares |
| Fresh Issue Size | 11,64,000 shares | 36,72,000 shares |
| Fresh Issue Size (Amount) | up to ₹7.10 Cr | up to ₹33.05 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 | 11,64,000 shares | 36,72,000 shares |
| Issue Size Total (Amount) | up to ₹7.10 Cr | up to ₹33.05 Cr |
Prospect Commodities IPO opens on Mar 08, 2023, while Systango Technologies IPO opens on Mar 02, 2023. The closing date of Prospect Commodities IPO and Systango Technologies IPO is Mar 13, 2023, and Mar 06, 2023, respectively.
| Prospect Commodities IPO | Systango Technologies IPO | |
|---|---|---|
| Anchor Bid Date | Mar 01, 2023 | |
| Issue Open | Mar 08, 2023 | Mar 02, 2023 |
| Issue Close | Mar 13, 2023 | Mar 06, 2023 |
| Basis Of Allotment (Tentative) | Mar 16, 2023 | Mar 10, 2023 |
| Initiation of Refunds (Tentative) | Mar 17, 2023 | Mar 13, 2023 |
| Credit of Share (Tentative) | Mar 20, 2023 | Mar 14, 2023 |
| Listing date (Tentative) | Mar 20, 2023 | Mar 15, 2023 |
| Anchor Lockin End date 1 | Apr 09, 2023 | |
| Anchor Lockin End date 2 | Jun 08, 2023 |
Prospect Commodities IPO P/E ratio is 31.44, as compared to Systango Technologies IPO P/E ratio of 15.13.
| Prospect Commodities IPO | Systango Technologies IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials |
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 88.44 | 97.73 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 61.94 | 71.96 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 31.44 | 15.13 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹24.95 Cr. | ₹132.02 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Prospect Commodities IPO Retail Individual Investors (RII) are offered 5,82,000 shares while in Systango Technologies IPO retail investors are offered 5,82,000 shares. Qualified Institutional Buyers (QIB) are offered in Prospect Commodities IPO and 7,34,400 shares in Systango Technologies IPO.
| Prospect Commodities IPO | Systango Technologies IPO | |
|---|---|---|
| Anchor Investor Reserveration | 10,99,200 shares | |
| Market Maker Reserveration | 62,000 shares | 1,96,800 shares |
| QIB | 7,34,400 shares | |
| NII | 5,82,000 shares | 5,52,000 shares |
| RII | 5,82,000 shares | 12,86,400 shares |
| Employee | ||
| Others | ||
| Total | 11,64,000 shares | 36,72,000 shares |
Prospect Commodities IPO subscribed 5.31x in total, whereas Systango Technologies IPO subscribed 64.99x.
| Prospect Commodities IPO | Systango Technologies IPO | |
|---|---|---|
| QIB (times) | 14.10x | |
| NII (times) | 6.85x | 230.36x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 3.76x | 66.59x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 5.31x | 64.99x |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
