Pattech Fitwell Tube IPO vs Retina Paints IPO

Comparison between Pattech Fitwell Tube IPO and Retina Paints IPO.

IPO Details

Pattech Fitwell Tube IPO is a SME Fixed Price IPO proposed to list at NSE SME while Retina Paints IPO is a SME Fixed Price proposed to list at BSE SME.

	Pattech Fitwell Tube IPO	Retina Paints IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price	Fixed Price
Listing At	NSE SME	BSE SME
Lead Managers	Fedex Securities Pvt.Ltd.	Gretex Corporate Services Ltd.
Registrar	Bigshare Services Pvt.Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	Pure Broking Pvt.Ltd.	Gretex Share Broking Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Pattech Fitwell Tube IPO is up to ₹11.37 Cr whereas the issue size of the Retina Paints IPO is up to ₹10.54 Cr. The final issue price of Pattech Fitwell Tube IPO is ₹50.00 per share and of Retina Paints IPO is ₹30.00 per share.

	Pattech Fitwell Tube IPO	Retina Paints IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹50.00 per share	₹30.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	3000 shares	4000 shares
Fresh Issue Size	22,74,000 shares	35,12,000 shares
Fresh Issue Size (Amount)	up to ₹11.37 Cr	up to ₹10.54 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	22,74,000 shares	35,12,000 shares
Issue Size Total (Amount)	up to ₹11.37 Cr	up to ₹10.54 Cr

IPO Timetable

Pattech Fitwell Tube IPO opens on Apr 05, 2023, while Retina Paints IPO opens on Apr 19, 2023. The closing date of Pattech Fitwell Tube IPO and Retina Paints IPO is Apr 12, 2023, and Apr 24, 2023, respectively.

	Pattech Fitwell Tube IPO	Retina Paints IPO
Anchor Bid Date
Issue Open	Apr 05, 2023	Apr 19, 2023
Issue Close	Apr 12, 2023	Apr 24, 2023
Basis Of Allotment (Tentative)	Apr 18, 2023	Apr 27, 2023
Initiation of Refunds (Tentative)	Apr 19, 2023	Apr 28, 2023
Credit of Share (Tentative)	Apr 20, 2023	May 02, 2023
Listing date (Tentative)	Apr 21, 2023	May 03, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Pattech Fitwell Tube IPO P/E ratio is 46.73, as compared to Retina Paints IPO P/E ratio of .

Pattech Fitwell Tube IPO

Retina Paints IPO

Financials

Pattech Fitwell Tube Components Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	1,155.69	2,038.99	7.74	190.05	0.00	867.72
31-Mar-21	1,386.66	1,844.93	-1.16	321.11	0.00	976.32
31-Mar-22	2,530.38	2,262.87	144.45	563.06	0.00	1,663.56
21-Aug-22	2,572.07	968.72	34.76	569.71	0.00	1,456.31
30-Nov-22	2,661.01	1,137.66	19.69	529.11	19.69	1,745.92
Amount in ₹ Lakhs

Retina Paints Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	670.34	681.44	4.67	90.86	18.86	319.10
31-Mar-21	986.71	685.99	4.55	95.41	23.41	614.11
31-Mar-22	1,162.77	647.24	11.33	219.74	34.74	588.01
30-Nov-22	2,074.77	533.88	39.99	1,240.73	728.73	433.44
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00

80.70

Promoter Shareholding (Post-Issue)

69.06

59.28

P/E Ratio

46.73

Market Cap

₹38.79 Cr.

ROE

25.66%

ROCE

11.00%

Debt/Equity

EPS

RoNW

Shares Offered

In the Pattech Fitwell Tube IPO Retail Individual Investors (RII) are offered 11,37,000 shares while in Retina Paints IPO retail investors are offered 11,37,000 shares. Qualified Institutional Buyers (QIB) are offered in Pattech Fitwell Tube IPO and in Retina Paints IPO.

	Pattech Fitwell Tube IPO	Retina Paints IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,26,000 shares	1,88,000 shares
QIB
NII	11,37,000 shares	17,56,000 shares
RII	11,37,000 shares	17,56,000 shares
Employee
Others
Total	22,74,000 shares	35,12,000 shares

Bids Received (Subscription)

Pattech Fitwell Tube IPO subscribed 1.97x in total, whereas Retina Paints IPO subscribed 8.29x.

	Pattech Fitwell Tube IPO	Retina Paints IPO
QIB (times)
NII (times)	2.05x	6.10x
Big NII (times)
Small NII (times)
RII (times)	1.90x	10.41x
Employee (times)
Other (times)
Total (times)	1.97x	8.29x

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