Comparison between Prospect Commodities IPO and Quality Foils IPO.
IPO Details
Prospect Commodities IPO is a SME Fixed Price IPO proposed to list at BSE SME while Quality Foils IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Prospect Commodities IPO is up to ₹7.10 Cr whereas the issue size of the Quality Foils IPO is up to ₹4.30 Cr. The final issue price of Prospect Commodities IPO is ₹61.00 per share and of Quality Foils IPO is ₹60.00 per share.
IPO Timetable
Prospect Commodities IPO opens on Mar 08, 2023, while Quality Foils IPO opens on Mar 14, 2023. The closing date of Prospect Commodities IPO and Quality Foils IPO is Mar 13, 2023, and Mar 16, 2023, respectively.
| | Prospect Commodities IPO | Quality Foils IPO |
|---|
| Issue Open | Mar 08, 2023 | Mar 14, 2023 |
| Issue Close | Mar 13, 2023 | Mar 16, 2023 |
| Basis Of Allotment (Tentative) | Mar 16, 2023 | Mar 21, 2023 |
| Initiation of Refunds (Tentative) | Mar 17, 2023 | Mar 22, 2023 |
| Credit of Share (Tentative) | Mar 20, 2023 | Mar 23, 2023 |
| Listing date (Tentative) | Mar 20, 2023 | Mar 24, 2023 |
Financials & KPIs
Prospect Commodities IPO P/E ratio is 31.44, as compared to Quality Foils IPO P/E ratio of 4.16.
Shares Offered
In the Prospect Commodities IPO Retail Individual Investors (RII) are offered 5,82,000 shares while in Quality Foils IPO retail investors are offered 5,82,000 shares. Qualified Institutional Buyers (QIB) are offered in Prospect Commodities IPO and in Quality Foils IPO.
| | Prospect Commodities IPO | Quality Foils IPO |
|---|
| Market Maker Reservation | 62,000 shares | 38,000 shares |
| NII | 5,82,000 shares | 3,58,000 shares |
| RII | 5,82,000 shares | 3,58,000 shares |
| Total | 11,64,000 shares | 7,16,000 shares |
Bids Received (Subscription)
Prospect Commodities IPO subscribed 5.31x in total, whereas Quality Foils IPO subscribed 362.07x.
