Comparison between ITCONS E-Solutions IPO and ResGen IPO.
IPO Details
ITCONS E-Solutions IPO is a SME Bookbuilding IPO proposed to list at BSE SME while ResGen IPO is a SME Bookbuilding proposed to list at BSE SME.
Issue Size and Price
The total issue size of ITCONS E-Solutions IPO is up to ₹8.23 Cr whereas the issue size of the ResGen IPO is up to ₹26.79 Cr. The final issue price of ITCONS E-Solutions IPO is ₹51.00 per share and of ResGen IPO is ₹47.00 per share.
IPO Timetable
ITCONS E-Solutions IPO opens on Feb 28, 2023, while ResGen IPO opens on Feb 28, 2023. The closing date of ITCONS E-Solutions IPO and ResGen IPO is Mar 02, 2023, and Mar 02, 2023, respectively.
| | ITCONS E-Solutions IPO | ResGen IPO |
|---|
| Anchor Bid Date | | Feb 27, 2023 |
| Issue Open | Feb 28, 2023 | Feb 28, 2023 |
| Issue Close | Mar 02, 2023 | Mar 02, 2023 |
| Basis Of Allotment (Tentative) | Mar 08, 2023 | Mar 08, 2023 |
| Initiation of Refunds (Tentative) | Mar 09, 2023 | Mar 09, 2023 |
| Credit of Share (Tentative) | Mar 10, 2023 | Mar 10, 2023 |
| Listing date (Tentative) | Mar 13, 2023 | Mar 13, 2023 |
| Anchor Lockin End date 1 | | Apr 07, 2023 |
| Anchor Lockin End date 2 | | Jun 06, 2023 |
Financials & KPIs
ITCONS E-Solutions IPO P/E ratio is 12.09, as compared to ResGen IPO P/E ratio of 27.33.
Shares Offered
In the ITCONS E-Solutions IPO Retail Individual Investors (RII) are offered 8,08,000 shares while in ResGen IPO retail investors are offered 8,08,000 shares. Qualified Institutional Buyers (QIB) are offered in ITCONS E-Solutions IPO and 11,28,000 shares in ResGen IPO.
| | ITCONS E-Solutions IPO | ResGen IPO |
|---|
| Anchor Investor Reservation | | 16,92,000 shares |
| Market Maker Reservation | 86,000 shares | 3,00,000 shares |
| QIB | | 11,28,000 shares |
| NII | 8,06,000 shares | 8,82,000 shares |
| RII | 8,08,000 shares | 19,98,000 shares |
| Employee | | |
| Others | | |
| Total | 16,14,000 shares | 57,00,000 shares |
Bids Received (Subscription)
ITCONS E-Solutions IPO subscribed 16.79x in total, whereas ResGen IPO subscribed 2.50x.
