Comparison between Retina Paints IPO and Sancode Technologies IPO.
Retina Paints IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sancode Technologies IPO is a SME Fixed Price proposed to list at BSE SME.
| Retina Paints IPO | Sancode Technologies IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Gretex Corporate Services Ltd. | Shreni Shares Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Gretex Share Broking Pvt.Ltd. | Shreni Shares Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Retina Paints IPO is up to ₹10.54 Cr whereas the issue size of the Sancode Technologies IPO is up to ₹4.88 Cr. The final issue price of Retina Paints IPO is ₹30.00 per share and of Sancode Technologies IPO is ₹47.00 per share.
| Retina Paints IPO | Sancode Technologies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹30.00 per share | ₹47.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 3000 shares |
| Fresh Issue Size | 35,12,000 shares | 10,38,000 shares |
| Fresh Issue Size (Amount) | up to ₹10.54 Cr | up to ₹4.88 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 | 35,12,000 shares | 10,38,000 shares |
| Issue Size Total (Amount) | up to ₹10.54 Cr | up to ₹4.88 Cr |
Retina Paints IPO opens on Apr 19, 2023, while Sancode Technologies IPO opens on Mar 31, 2023. The closing date of Retina Paints IPO and Sancode Technologies IPO is Apr 24, 2023, and Apr 06, 2023, respectively.
| Retina Paints IPO | Sancode Technologies IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Apr 19, 2023 | Mar 31, 2023 |
| Issue Close | Apr 24, 2023 | Apr 06, 2023 |
| Basis Of Allotment (Tentative) | Apr 27, 2023 | Apr 12, 2023 |
| Initiation of Refunds (Tentative) | Apr 28, 2023 | Apr 13, 2023 |
| Credit of Share (Tentative) | May 02, 2023 | Apr 17, 2023 |
| Listing date (Tentative) | May 03, 2023 | Apr 18, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Retina Paints IPO P/E ratio is , as compared to Sancode Technologies IPO P/E ratio of 10.71.
| Retina Paints IPO | Sancode Technologies IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 80.70 | 97.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 59.28 | 71.24 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 10.71 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹41.82 Cr. | ₹19.12 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.42 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21.93 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Retina Paints IPO Retail Individual Investors (RII) are offered 17,56,000 shares while in Sancode Technologies IPO retail investors are offered 17,56,000 shares. Qualified Institutional Buyers (QIB) are offered in Retina Paints IPO and in Sancode Technologies IPO.
| Retina Paints IPO | Sancode Technologies IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,88,000 shares | 57,000 shares |
| QIB | ||
| NII | 17,56,000 shares | 5,19,000 shares |
| RII | 17,56,000 shares | 5,19,000 shares |
| Employee | ||
| Others | ||
| Total | 35,12,000 shares | 10,38,000 shares |
Retina Paints IPO subscribed 8.29x in total, whereas Sancode Technologies IPO subscribed 3.68x.
| Retina Paints IPO | Sancode Technologies IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 6.10x | 3.98x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 10.41x | 3.39x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 8.29x | 3.68x |
