Comparison between Maruti Interior Products IPO and Safa Systems IPO.
IPO Details
Maruti Interior Products IPO is a SME Fixed Price IPO proposed to list at BSE SME while Safa Systems IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Maruti Interior Products IPO is up to ₹10.45 Cr whereas the issue size of the Safa Systems IPO is up to ₹3.80 Cr. The final issue price of Maruti Interior Products IPO is ₹55.00 per share and of Safa Systems IPO is ₹10.00 per share.
IPO Timetable
Maruti Interior Products IPO opens on Feb 03, 2022, while Safa Systems IPO opens on Jan 28, 2022. The closing date of Maruti Interior Products IPO and Safa Systems IPO is Feb 08, 2022, and Feb 01, 2022, respectively.
| | Maruti Interior Products IPO | Safa Systems IPO |
|---|
| Issue Open | Feb 03, 2022 | Jan 28, 2022 |
| Issue Close | Feb 08, 2022 | Feb 01, 2022 |
| Basis Of Allotment (Tentative) | Feb 11, 2022 | Feb 04, 2022 |
| Initiation of Refunds (Tentative) | Feb 14, 2022 | Feb 07, 2022 |
| Credit of Share (Tentative) | Feb 15, 2022 | Feb 08, 2022 |
| Listing date (Tentative) | Feb 16, 2022 | Feb 09, 2022 |
Financials & KPIs
Maruti Interior Products IPO P/E ratio is 12.59, as compared to Safa Systems IPO P/E ratio of 29.41.
Shares Offered
In the Maruti Interior Products IPO Retail Individual Investors (RII) are offered 9,50,000 shares while in Safa Systems IPO retail investors are offered 9,50,000 shares. Qualified Institutional Buyers (QIB) are offered in Maruti Interior Products IPO and in Safa Systems IPO.
| | Maruti Interior Products IPO | Safa Systems IPO |
|---|
| Market Maker Reservation | 1,00,000 shares | 2,00,000 shares |
| NII | 9,50,000 shares | 19,00,000 shares |
| RII | 9,50,000 shares | 19,00,000 shares |
| Total | 19,00,000 shares | 38,00,000 shares |
Bids Received (Subscription)
Maruti Interior Products IPO subscribed 73.42x in total, whereas Safa Systems IPO subscribed 52.71x.
