Comparison between Quality RO Industries IPO and Safa Systems IPO.
Quality RO Industries IPO is a SME Fixed Price IPO proposed to list at BSE SME while Safa Systems IPO is a SME Fixed Price proposed to list at BSE SME.
| Quality RO Industries IPO | Safa Systems IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Shreni Shares Ltd. | Finshore Management Services Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Shreni Shares Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Quality RO Industries IPO is up to ₹2.55 Cr whereas the issue size of the Safa Systems IPO is up to ₹3.80 Cr. The final issue price of Quality RO Industries IPO is ₹51.00 per share and of Safa Systems IPO is ₹10.00 per share.
| Quality RO Industries IPO | Safa Systems IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹51.00 per share | ₹10.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 10000 shares |
| Fresh Issue Size | 5,00,000 shares | 38,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹2.55 Cr | up to ₹3.80 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 | 5,00,000 shares | 38,00,000 shares |
| Issue Size Total (Amount) | up to ₹2.55 Cr | up to ₹3.80 Cr |
Quality RO Industries IPO opens on Jan 27, 2022, while Safa Systems IPO opens on Jan 28, 2022. The closing date of Quality RO Industries IPO and Safa Systems IPO is Feb 01, 2022, and Feb 01, 2022, respectively.
| Quality RO Industries IPO | Safa Systems IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jan 27, 2022 | Jan 28, 2022 |
| Issue Close | Feb 01, 2022 | Feb 01, 2022 |
| Basis Of Allotment (Tentative) | Feb 04, 2022 | Feb 04, 2022 |
| Initiation of Refunds (Tentative) | Feb 07, 2022 | Feb 07, 2022 |
| Credit of Share (Tentative) | Feb 08, 2022 | Feb 08, 2022 |
| Listing date (Tentative) | Feb 09, 2022 | Feb 09, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Quality RO Industries IPO P/E ratio is 113, as compared to Safa Systems IPO P/E ratio of 29.41.
| Quality RO Industries IPO | Safa Systems IPO | |||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials |
|
| ||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 84.00 | 100 | ||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 60.93 | 73.47 | ||||||||||||||||||||||||||||||||||||
| P/E Ratio | 113 | 29.41 | ||||||||||||||||||||||||||||||||||||
| Market Cap | ₹9.84 Cr. | ₹15.08 Cr. | ||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||
| EPS | ||||||||||||||||||||||||||||||||||||||
| RoNW | ||||||||||||||||||||||||||||||||||||||
In the Quality RO Industries IPO Retail Individual Investors (RII) are offered 2,50,000 shares while in Safa Systems IPO retail investors are offered 2,50,000 shares. Qualified Institutional Buyers (QIB) are offered in Quality RO Industries IPO and in Safa Systems IPO.
| Quality RO Industries IPO | Safa Systems IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 30,000 shares | 2,00,000 shares |
| QIB | ||
| NII | 2,50,000 shares | 19,00,000 shares |
| RII | 2,50,000 shares | 19,00,000 shares |
| Employee | ||
| Others | ||
| Total | 5,00,000 shares | 38,00,000 shares |
Quality RO Industries IPO subscribed 7.26x in total, whereas Safa Systems IPO subscribed 52.71x.
| Quality RO Industries IPO | Safa Systems IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 4.46x | 64.61x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 10.06x | 40.81x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 7.26x | 52.71x |
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