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Precision Metaliks IPO vs Quality RO Industries IPO

Comparison between Precision Metaliks IPO and Quality RO Industries IPO.

IPO Details

Precision Metaliks IPO is a SME Fixed Price IPO proposed to list at NSE SME while Quality RO Industries IPO is a SME Fixed Price proposed to list at BSE SME.

 Precision Metaliks IPOQuality RO Industries IPO
LogoPrecision Metaliks IPO LogoQuality RO Industries IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersFirst Overseas Capital Ltd.Shreni Shares Ltd.
RegistrarBigshare Services Pvt.Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerNNM Securities Pvt.Ltd.Shreni Shares Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Precision Metaliks IPO is up to ₹20.83 Cr whereas the issue size of the Quality RO Industries IPO is up to ₹2.55 Cr. The final issue price of Precision Metaliks IPO is ₹51.00 per share and of Quality RO Industries IPO is ₹51.00 per share.

 Precision Metaliks IPOQuality RO Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹51.00 per share₹51.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares2000 shares
Fresh Issue Size40,84,000 shares5,00,000 shares
Fresh Issue Size (Amount)up to ₹20.83 Crup to ₹2.55 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total40,84,000 shares5,00,000 shares
Issue Size Total (Amount)up to ₹20.83 Crup to ₹2.55 Cr

IPO Timetable

Precision Metaliks IPO opens on Jan 19, 2022, while Quality RO Industries IPO opens on Jan 27, 2022. The closing date of Precision Metaliks IPO and Quality RO Industries IPO is Jan 24, 2022, and Feb 01, 2022, respectively.

 Precision Metaliks IPOQuality RO Industries IPO
Anchor Bid Date
Issue OpenJan 19, 2022Jan 27, 2022
Issue CloseJan 24, 2022Feb 01, 2022
Basis Of Allotment (Tentative)Jan 28, 2022Feb 04, 2022
Initiation of Refunds (Tentative)Jan 31, 2022Feb 07, 2022
Credit of Share (Tentative)Feb 01, 2022Feb 08, 2022
Listing date (Tentative)Feb 01, 2022Feb 09, 2022
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Precision Metaliks IPO P/E ratio is 19.32, as compared to Quality RO Industries IPO P/E ratio of 113.

 Precision Metaliks IPOQuality RO Industries IPO
Financials
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Lakhs)
  30-Sep-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 2,022.96 2,147.71 1,367.27 302.59
Total Revenue 4,813.35 4,924.13 2,217.96 5.28
Profit After Tax 214.57 149.35 82.39 0.46
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Millions)
  30-Nov-21
Total Assets 25.02
Total Revenue 1.67
Profit After Tax 0.14
Promoter Shareholding (Pre-Issue)79.7084.00
Promoter Shareholding (Post-Issue)58.6260.93
P/E Ratio19.32113
Market Cap₹82.92 Cr.₹9.84 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Precision Metaliks IPO Retail Individual Investors (RII) are offered 20,42,000 shares while in Quality RO Industries IPO retail investors are offered 20,42,000 shares. Qualified Institutional Buyers (QIB) are offered in Precision Metaliks IPO and in Quality RO Industries IPO.

 Precision Metaliks IPOQuality RO Industries IPO
Anchor Investor Reserveration
Market Maker Reserveration2,16,000 shares30,000 shares
QIB
NII20,42,000 shares2,50,000 shares
RII20,42,000 shares2,50,000 shares
Employee
Others
Total40,84,000 shares5,00,000 shares

Bids Received (Subscription)

Precision Metaliks IPO subscribed 7.36x in total, whereas Quality RO Industries IPO subscribed 7.26x.

 Precision Metaliks IPOQuality RO Industries IPO
QIB (times)
NII (times)2.81x4.46x
Big NII (times)
Small NII (times)
RII (times)11.90x10.06x
Employee (times)
Other (times)
Total (times)7.36x7.26x