Comparison between ABS Marine IPO and Sai Swami Metals IPO.
IPO Details
ABS Marine IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sai Swami Metals IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of ABS Marine IPO is up to ₹90.26 Cr whereas the issue size of the Sai Swami Metals IPO is up to ₹14.23 Cr. The final issue price of ABS Marine IPO is ₹147.00 per share and of Sai Swami Metals IPO is ₹60.00 per share.
IPO Timetable
ABS Marine IPO opens on May 10, 2024, while Sai Swami Metals IPO opens on Apr 30, 2024. The closing date of ABS Marine IPO and Sai Swami Metals IPO is May 15, 2024, and May 03, 2024, respectively.
| | ABS Marine IPO | Sai Swami Metals IPO |
|---|
| Anchor Bid Date | May 09, 2024 | |
| Issue Open | May 10, 2024 | Apr 30, 2024 |
| Issue Close | May 15, 2024 | May 03, 2024 |
| Basis Of Allotment (Tentative) | May 16, 2024 | May 06, 2024 |
| Initiation of Refunds (Tentative) | May 17, 2024 | May 07, 2024 |
| Credit of Share (Tentative) | May 17, 2024 | May 07, 2024 |
| Listing date (Tentative) | May 21, 2024 | May 08, 2024 |
| Anchor Lockin End date 1 | Jun 15, 2024 | |
| Anchor Lockin End date 2 | Aug 14, 2024 | |
Financials & KPIs
ABS Marine IPO P/E ratio is 11.23, as compared to Sai Swami Metals IPO P/E ratio of 11.34.
Shares Offered
In the ABS Marine IPO Retail Individual Investors (RII) are offered 21,49,000 shares while in Sai Swami Metals IPO retail investors are offered 21,49,000 shares. Qualified Institutional Buyers (QIB) are offered 12,28,000 shares in ABS Marine IPO and in Sai Swami Metals IPO.
| | ABS Marine IPO | Sai Swami Metals IPO |
|---|
| Anchor Investor Reservation | 18,41,000 shares | |
| Market Maker Reservation | 4,10,000 shares | 1,28,000 shares |
| QIB | 12,28,000 shares | |
| NII | 9,22,000 shares | 11,86,000 shares |
| RII | 21,49,000 shares | 11,86,000 shares |
| Total | 61,40,000 shares | 23,72,000 shares |
Bids Received (Subscription)
ABS Marine IPO subscribed 101.13x in total, whereas Sai Swami Metals IPO subscribed 531.42x.
