Comparison between Qualitek Labs IPO and Shree Marutinandan Tubes IPO.
IPO Details
Qualitek Labs IPO is a SME Fixed Price IPO proposed to list at BSE SME while Shree Marutinandan Tubes IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Qualitek Labs IPO is up to ₹18.65 Cr whereas the issue size of the Shree Marutinandan Tubes IPO is up to ₹13.59 Cr. The final issue price of Qualitek Labs IPO is ₹100.00 per share and of Shree Marutinandan Tubes IPO is ₹143.00 per share.
IPO Timetable
Qualitek Labs IPO opens on Jan 18, 2024, while Shree Marutinandan Tubes IPO opens on Jan 12, 2024. The closing date of Qualitek Labs IPO and Shree Marutinandan Tubes IPO is Jan 23, 2024, and Jan 16, 2024, respectively.
| | Qualitek Labs IPO | Shree Marutinandan Tubes IPO |
|---|
| Issue Open | Jan 18, 2024 | Jan 12, 2024 |
| Issue Close | Jan 23, 2024 | Jan 16, 2024 |
| Basis Of Allotment (Tentative) | Jan 24, 2024 | Jan 17, 2024 |
| Initiation of Refunds (Tentative) | Jan 25, 2024 | Jan 18, 2024 |
| Credit of Share (Tentative) | Jan 25, 2024 | Jan 18, 2024 |
| Listing date (Tentative) | Jan 29, 2024 | Jan 19, 2024 |
Financials & KPIs
Qualitek Labs IPO P/E ratio is 18.21, as compared to Shree Marutinandan Tubes IPO P/E ratio of 17.44.
Shares Offered
In the Qualitek Labs IPO Retail Individual Investors (RII) are offered 9,32,400 shares while in Shree Marutinandan Tubes IPO retail investors are offered 9,32,400 shares. Qualified Institutional Buyers (QIB) are offered in Qualitek Labs IPO and in Shree Marutinandan Tubes IPO.
| | Qualitek Labs IPO | Shree Marutinandan Tubes IPO |
|---|
| Market Maker Reservation | 99,600 shares | 50,000 shares |
| NII | 9,32,400 shares | 4,75,000 shares |
| RII | 9,32,400 shares | 4,75,000 shares |
| Total | 18,64,800 shares | 9,50,000 shares |
Bids Received (Subscription)
Qualitek Labs IPO subscribed 54.30x in total, whereas Shree Marutinandan Tubes IPO subscribed 46.19x.