Comparison between Accord Synergy IPO and Riddhi Corporate IPO.
Accord Synergy IPO is a SME Fixed Price IPO proposed to list at NSE SME while Riddhi Corporate IPO is a SME Fixed Price proposed to list at BSE SME.
| Accord Synergy IPO | Riddhi Corporate IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Hem Securities Ltd. | Gretex Corporate Services Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Beeline Broking 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 Accord Synergy IPO is up to ₹5.26 Cr whereas the issue size of the Riddhi Corporate IPO is up to ₹11.70 Cr. The final issue price of Accord Synergy IPO is ₹60.00 per share and of Riddhi Corporate IPO is ₹130.00 per share.
| Accord Synergy IPO | Riddhi Corporate IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹60.00 per share | ₹130.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1000 shares |
| Fresh Issue Size | 8,76,000 shares | 9,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹5.26 Cr | up to ₹11.70 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 | 8,76,000 shares | 9,00,000 shares |
| Issue Size Total (Amount) | up to ₹5.26 Cr | up to ₹11.70 Cr |
Accord Synergy IPO opens on Jun 22, 2017, while Riddhi Corporate IPO opens on Jun 12, 2017. The closing date of Accord Synergy IPO and Riddhi Corporate IPO is Jun 28, 2017, and Jun 15, 2017, respectively.
| Accord Synergy IPO | Riddhi Corporate IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 22, 2017 | Jun 12, 2017 |
| Issue Close | Jun 28, 2017 | Jun 15, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Jul 06, 2017 | Jun 22, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Accord Synergy IPO P/E ratio is , as compared to Riddhi Corporate IPO P/E ratio of 16.
| Accord Synergy IPO | Riddhi Corporate IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | 16 | |||||
| Market Cap | ₹20.83 Cr. | ₹42.25 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Accord Synergy IPO Retail Individual Investors (RII) are offered 4,38,000 shares while in Riddhi Corporate IPO retail investors are offered 4,38,000 shares. Qualified Institutional Buyers (QIB) are offered in Accord Synergy IPO and in Riddhi Corporate IPO.
| Accord Synergy IPO | Riddhi Corporate IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 96,000 shares | 50,000 shares |
| QIB | ||
| NII | 4,38,000 shares | 4,50,000 shares |
| RII | 4,38,000 shares | 4,50,000 shares |
| Employee | ||
| Others | ||
| Total | 8,76,000 shares | 9,00,000 shares |
Accord Synergy IPO subscribed 157.24x in total, whereas Riddhi Corporate IPO subscribed 2.22x.
| Accord Synergy IPO | Riddhi Corporate IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 110.11x | 2.78x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 204.37x | 1.66x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 157.24x | 2.22x |
