Comparison between Sai Swami Metals IPO and TGIF Agribusiness IPO.
IPO Details
Sai Swami Metals IPO is a SME Fixed Price IPO proposed to list at BSE SME while TGIF Agribusiness IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Sai Swami Metals IPO is up to ₹14.23 Cr whereas the issue size of the TGIF Agribusiness IPO is up to ₹6.07 Cr. The final issue price of Sai Swami Metals IPO is ₹60.00 per share and of TGIF Agribusiness IPO is ₹93.00 per share.
IPO Timetable
Sai Swami Metals IPO opens on Apr 30, 2024, while TGIF Agribusiness IPO opens on May 08, 2024. The closing date of Sai Swami Metals IPO and TGIF Agribusiness IPO is May 03, 2024, and May 10, 2024, respectively.
| | Sai Swami Metals IPO | TGIF Agribusiness IPO |
|---|
| Issue Open | Apr 30, 2024 | May 08, 2024 |
| Issue Close | May 03, 2024 | May 10, 2024 |
| Basis Of Allotment (Tentative) | May 06, 2024 | May 13, 2024 |
| Initiation of Refunds (Tentative) | May 07, 2024 | May 14, 2024 |
| Credit of Share (Tentative) | May 07, 2024 | May 14, 2024 |
| Listing date (Tentative) | May 08, 2024 | May 15, 2024 |
Financials & KPIs
Sai Swami Metals IPO P/E ratio is 11.34, as compared to TGIF Agribusiness IPO P/E ratio of 13.58.
Shares Offered
In the Sai Swami Metals IPO Retail Individual Investors (RII) are offered 11,86,000 shares while in TGIF Agribusiness IPO retail investors are offered 11,86,000 shares. Qualified Institutional Buyers (QIB) are offered in Sai Swami Metals IPO and in TGIF Agribusiness IPO.
| | Sai Swami Metals IPO | TGIF Agribusiness IPO |
|---|
| Market Maker Reservation | 1,28,000 shares | 34,800 shares |
| NII | 11,86,000 shares | 3,26,400 shares |
| RII | 11,86,000 shares | 3,26,400 shares |
| Total | 23,72,000 shares | 6,52,800 shares |
Bids Received (Subscription)
Sai Swami Metals IPO subscribed 531.42x in total, whereas TGIF Agribusiness IPO subscribed 34.13x.
