Comparison between Scarnose International IPO and Sonu Infratech IPO.
IPO Details
Scarnose International IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sonu Infratech IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Scarnose International IPO is up to ₹6.27 Cr whereas the issue size of the Sonu Infratech IPO is up to ₹8.21 Cr. The final issue price of Scarnose International IPO is ₹55.00 per share and of Sonu Infratech IPO is ₹36.00 per share.
IPO Timetable
Scarnose International IPO opens on Jun 14, 2022, while Sonu Infratech IPO opens on Apr 29, 2022. The closing date of Scarnose International IPO and Sonu Infratech IPO is Jun 17, 2022, and May 05, 2022, respectively.
| | Scarnose International IPO | Sonu Infratech IPO |
|---|
| Issue Open | Jun 14, 2022 | Apr 29, 2022 |
| Issue Close | Jun 17, 2022 | May 05, 2022 |
| Basis Of Allotment (Tentative) | Jun 22, 2022 | May 10, 2022 |
| Initiation of Refunds (Tentative) | Jun 23, 2022 | May 11, 2022 |
| Credit of Share (Tentative) | Jun 24, 2022 | May 12, 2022 |
| Listing date (Tentative) | Jun 27, 2022 | May 13, 2022 |
Financials & KPIs
Scarnose International IPO P/E ratio is 51.89, as compared to Sonu Infratech IPO P/E ratio of 15.79.
Shares Offered
In the Scarnose International IPO Retail Individual Investors (RII) are offered 5,70,000 shares while in Sonu Infratech IPO retail investors are offered 5,70,000 shares. Qualified Institutional Buyers (QIB) are offered in Scarnose International IPO and in Sonu Infratech IPO.
| | Scarnose International IPO | Sonu Infratech IPO |
|---|
| Market Maker Reservation | 60,000 shares | 1,20,000 shares |
| NII | 5,70,000 shares | 11,40,000 shares |
| RII | 5,70,000 shares | 11,40,000 shares |
| Total | 11,40,000 shares | 22,80,000 shares |
Bids Received (Subscription)
Scarnose International IPO subscribed 2.22x in total, whereas Sonu Infratech IPO subscribed 16.52x.
