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Quality RO Industries IPO vs Shigan Quantum Technologies IPO

Comparison between Quality RO Industries IPO and Shigan Quantum Technologies IPO.

IPO Details

Quality RO Industries IPO is a SME Fixed Price IPO proposed to list at BSE SME while Shigan Quantum Technologies IPO is a SME Fixed Price proposed to list at NSE SME.

 Quality RO Industries IPOShigan Quantum Technologies IPO
LogoQuality RO Industries IPO LogoShigan Quantum Technologies IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersShreni Shares Ltd.Finshore Management Services Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerShreni Shares Ltd.Nikunj Stock Brokers Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Quality RO Industries IPO is up to ₹2.55 Cr whereas the issue size of the Shigan Quantum Technologies IPO is up to ₹21.56 Cr. The final issue price of Quality RO Industries IPO is ₹51.00 per share and of Shigan Quantum Technologies IPO is ₹50.00 per share.

 Quality RO Industries IPOShigan Quantum Technologies IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹51.00 per share₹50.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares3000 shares
Fresh Issue Size5,00,000 shares43,11,000 shares
Fresh Issue Size (Amount)up to ₹2.55 Crup to ₹21.56 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total5,00,000 shares43,11,000 shares
Issue Size Total (Amount)up to ₹2.55 Crup to ₹21.56 Cr

IPO Timetable

Quality RO Industries IPO opens on Jan 27, 2022, while Shigan Quantum Technologies IPO opens on Feb 28, 2022. The closing date of Quality RO Industries IPO and Shigan Quantum Technologies IPO is Feb 01, 2022, and Mar 03, 2022, respectively.

 Quality RO Industries IPOShigan Quantum Technologies IPO
Anchor Bid Date
Issue OpenJan 27, 2022Feb 28, 2022
Issue CloseFeb 01, 2022Mar 03, 2022
Basis Of Allotment (Tentative)Feb 04, 2022Mar 08, 2022
Initiation of Refunds (Tentative)Feb 07, 2022Mar 09, 2022
Credit of Share (Tentative)Feb 08, 2022Mar 10, 2022
Listing date (Tentative)Feb 09, 2022Mar 11, 2022
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Quality RO Industries IPO P/E ratio is 113, as compared to Shigan Quantum Technologies IPO P/E ratio of 12.41.

 Quality RO Industries IPOShigan Quantum Technologies IPO
Financials
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
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Lakh)
  31-Aug-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 4,679.17 4,529.57 2,473.48 2,205.65
Total Revenue 6,439.76 9,602.26 7,278.78 6,908.42
Profit After Tax 289.29 351.34 292.07 266.07
Promoter Shareholding (Pre-Issue)84.00100
Promoter Shareholding (Post-Issue)60.9373.63
P/E Ratio11312.41
Market Cap₹9.84 Cr.₹86.08 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Quality RO Industries IPO Retail Individual Investors (RII) are offered 2,50,000 shares while in Shigan Quantum Technologies IPO retail investors are offered 2,50,000 shares. Qualified Institutional Buyers (QIB) are offered in Quality RO Industries IPO and in Shigan Quantum Technologies IPO.

 Quality RO Industries IPOShigan Quantum Technologies IPO
Anchor Investor Reserveration
Market Maker Reserveration30,000 shares2,28,000 shares
QIB
NII2,50,000 shares21,54,000 shares
RII2,50,000 shares21,57,000 shares
Employee
Others
Total5,00,000 shares43,11,000 shares

Bids Received (Subscription)

Quality RO Industries IPO subscribed 7.26x in total, whereas Shigan Quantum Technologies IPO subscribed 17.95x.

 Quality RO Industries IPOShigan Quantum Technologies IPO
QIB (times)
NII (times)4.46x27.70x
Big NII (times)
Small NII (times)
RII (times)10.06x8.21x
Employee (times)
Other (times)
Total (times)7.26x17.95x