Comparison between Focus Business Solution IPO and Rex Pipes IPO.
Focus Business Solution IPO is a SME Fixed Price IPO proposed to list at BSE SME while Rex Pipes IPO is a SME Fixed Price proposed to list at NSE SME.
| Focus Business Solution IPO | Rex Pipes IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Navigant Corporate Advisors Ltd. | Navigant Corporate Advisors Ltd. |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Nikunj Stock Brokers 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 Focus Business Solution IPO is up to ₹1.14 Cr whereas the issue size of the Rex Pipes IPO is up to ₹5.93 Cr. The final issue price of Focus Business Solution IPO is ₹19.00 per share and of Rex Pipes IPO is ₹26.00 per share.
| Focus Business Solution IPO | Rex Pipes IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹19.00 per share | ₹26.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 6000 shares | 4000 shares |
| Fresh Issue Size | 6,00,000 shares | 22,80,000 shares |
| Fresh Issue Size (Amount) | up to ₹1.14 Cr | up to ₹5.93 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 | 6,00,000 shares | 22,80,000 shares |
| Issue Size Total (Amount) | up to ₹1.14 Cr | up to ₹5.93 Cr |
Focus Business Solution IPO opens on Jun 30, 2021, while Rex Pipes IPO opens on Jul 28, 2021. The closing date of Focus Business Solution IPO and Rex Pipes IPO is Jul 05, 2021, and Aug 02, 2021, respectively.
| Focus Business Solution IPO | Rex Pipes IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 30, 2021 | Jul 28, 2021 |
| Issue Close | Jul 05, 2021 | Aug 02, 2021 |
| Basis Of Allotment (Tentative) | Jul 08, 2021 | Aug 05, 2021 |
| Initiation of Refunds (Tentative) | Jul 09, 2021 | Aug 06, 2021 |
| Credit of Share (Tentative) | Jul 12, 2021 | Aug 09, 2021 |
| Listing date (Tentative) | Jul 13, 2021 | Aug 10, 2021 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Focus Business Solution IPO P/E ratio is , as compared to Rex Pipes IPO P/E ratio of .
| Focus Business Solution IPO | Rex Pipes IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 84.65 | ||||
| Promoter Shareholding (Post-Issue) | 61.03 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹4.22 Cr. | ₹22.36 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Focus Business Solution IPO Retail Individual Investors (RII) are offered 3,00,000 shares while in Rex Pipes IPO retail investors are offered 3,00,000 shares. Qualified Institutional Buyers (QIB) are offered in Focus Business Solution IPO and in Rex Pipes IPO.
| Focus Business Solution IPO | Rex Pipes IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 42,000 shares | 1,20,000 shares |
| QIB | ||
| NII | 3,00,000 shares | 11,40,000 shares |
| RII | 3,00,000 shares | 11,40,000 shares |
| Employee | ||
| Others | ||
| Total | 6,00,000 shares | 22,80,000 shares |
Focus Business Solution IPO subscribed 6.66x in total, whereas Rex Pipes IPO subscribed 23.99x.
| Focus Business Solution IPO | Rex Pipes IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 3.22x | 6.84x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 10.10x | 41.13x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 6.66x | 23.99x |
