Comparison between Icodex Publishing Solutions IPO and Saffron Speciality Papers IPO.
Icodex Publishing Solutions IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Saffron Speciality Papers IPO is a SME Bookbuilding proposed to list at BSE SME.
| Icodex Publishing Solutions IPO | Saffron Speciality Papers IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Indcap Advisors Pvt.Ltd. | BOI Merchant Bankers Ltd. |
| Registrar | Cameo Corporate Services Ltd. | NSDL Database Management Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL |
The total issue size of Icodex Publishing Solutions IPO is up to ₹39.93 Cr whereas the issue size of the Saffron Speciality Papers IPO is up to ₹0.00 Cr. The final issue price of Icodex Publishing Solutions IPO is ₹102.00 per share and of Saffron Speciality Papers IPO is .
| Icodex Publishing Solutions IPO | Saffron Speciality Papers IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹98.00 per share | |
| Issue Price (Upper) | ₹102.00 per share | |
| Issue Price (Final) | ₹102.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | |
| Fresh Issue Size | 31,89,600 shares | 55,60,000 shares |
| Fresh Issue Size (Amount) | up to ₹32.53 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 7,24,800 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹7.39 Cr | up to ₹0.00 Cr |
| Issue Size Total | 39,14,400 shares | 55,60,000 shares |
| Issue Size Total (Amount) | up to ₹39.93 Cr | up to ₹0.00 Cr |
Icodex Publishing Solutions IPO opens on Aug 11, 2025, while Saffron Speciality Papers IPO opens on . The closing date of Icodex Publishing Solutions IPO and Saffron Speciality Papers IPO is Aug 13, 2025, and , respectively.
| Icodex Publishing Solutions IPO | Saffron Speciality Papers IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Aug 11, 2025 | |
| Issue Close | Aug 13, 2025 | |
| Basis Of Allotment (Tentative) | Aug 14, 2025 | |
| Initiation of Refunds (Tentative) | Aug 18, 2025 | |
| Credit of Share (Tentative) | Aug 18, 2025 | |
| Listing date (Tentative) | Aug 19, 2025 | |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Icodex Publishing Solutions IPO P/E ratio is 13.94, as compared to Saffron Speciality Papers IPO P/E ratio of .
| Icodex Publishing Solutions IPO | Saffron Speciality Papers IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)Icodex Publishing Solutions Ltd.'s revenue increased by 101% and profit after tax (PAT) rose by 104% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 88.24 | 89.4 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 64.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.94 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹159.50 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 47.51% | 37.48% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 110.07% | 24.06% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.16 | 3.68 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 47.02% | 37.48% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Icodex Publishing Solutions IPO Retail Individual Investors (RII) are offered 19,03,200 shares while in Saffron Speciality Papers IPO retail investors are offered 19,03,200 shares. Qualified Institutional Buyers (QIB) are offered 1,08,000 shares in Icodex Publishing Solutions IPO and 0 shares in Saffron Speciality Papers IPO.
| Icodex Publishing Solutions IPO | Saffron Speciality Papers IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 2,06,400 shares | 0 shares |
| QIB | 1,08,000 shares | 0 shares |
| NII | 19,03,200 shares | 0 shares |
| RII | 19,03,200 shares | 0 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 39,14,400 shares | 0 shares |
Icodex Publishing Solutions IPO subscribed 3.95x in total, whereas Saffron Speciality Papers IPO subscribed .
| Icodex Publishing Solutions IPO | Saffron Speciality Papers IPO | |
|---|---|---|
| QIB (times) | 33.08x | |
| NII (times) | 1.58x | |
| Big NII (times) | 1.84x | |
| Small NII (times) | 1.68x | |
| RII (times) | 4.67x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 3.95x |
