Comparison between Patron Exim IPO and Sealmatic India IPO.
IPO Details
Patron Exim IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Sealmatic India IPO is a SME Bookbuilding proposed to list at BSE SME.
Issue Size and Price
The total issue size of Patron Exim IPO is up to ₹15.83 Cr whereas the issue size of the Sealmatic India IPO is up to ₹53.41 Cr. The final issue price of Patron Exim IPO is ₹27.00 per share and of Sealmatic India IPO is ₹225.00 per share.
| | Patron Exim IPO | Sealmatic India IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | | ₹220.00 per share |
| Issue Price (Upper) | | ₹225.00 per share |
| Issue Price (Final) | ₹27.00 per share | ₹225.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | | |
| Market Lot Size | 4000 shares | 600 shares |
| Fresh Issue Size | 58,64,000 shares | 17,24,000 shares |
| Fresh Issue Size (Amount) | up to ₹15.83 Cr | up to ₹38.79 Cr |
| OFS Issue Size | 0 shares | 6,49,600 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹14.62 Cr |
| Issue Size Total | 58,64,000 shares | 23,73,600 shares |
| Issue Size Total (Amount) | up to ₹15.83 Cr | up to ₹53.41 Cr |
IPO Timetable
Patron Exim IPO opens on Feb 21, 2023, while Sealmatic India IPO opens on Feb 17, 2023. The closing date of Patron Exim IPO and Sealmatic India IPO is Feb 24, 2023, and Feb 21, 2023, respectively.
| | Patron Exim IPO | Sealmatic India IPO |
|---|
| Anchor Bid Date | | Feb 16, 2023 |
| Issue Open | Feb 21, 2023 | Feb 17, 2023 |
| Issue Close | Feb 24, 2023 | Feb 21, 2023 |
| Basis Of Allotment (Tentative) | Mar 01, 2023 | Feb 24, 2023 |
| Initiation of Refunds (Tentative) | Mar 02, 2023 | Feb 27, 2023 |
| Credit of Share (Tentative) | Mar 03, 2023 | Feb 28, 2023 |
| Listing date (Tentative) | Mar 06, 2023 | Mar 01, 2023 |
| Anchor Lockin End date 1 | | Mar 26, 2023 |
| Anchor Lockin End date 2 | | May 25, 2023 |
Financials & KPIs
Patron Exim IPO P/E ratio is 28.72, as compared to Sealmatic India IPO P/E ratio of 18.75.
Shares Offered
In the Patron Exim IPO Retail Individual Investors (RII) are offered 29,32,000 shares while in Sealmatic India IPO retail investors are offered 29,32,000 shares. Qualified Institutional Buyers (QIB) are offered in Patron Exim IPO and 3,79,800 shares in Sealmatic India IPO.
| | Patron Exim IPO | Sealmatic India IPO |
|---|
| Anchor Investor Reservation | | 5,69,400 shares |
| Market Maker Reservation | 3,16,000 shares | 1,26,000 shares |
| QIB | | 3,79,800 shares |
| NII | 29,32,000 shares | 4,27,200 shares |
| RII | 29,32,000 shares | 9,97,200 shares |
| Employee | | |
| Others | | |
| Total | 58,64,000 shares | 23,73,600 shares |
Bids Received (Subscription)
Patron Exim IPO subscribed 1.07x in total, whereas Sealmatic India IPO subscribed 13.50x.
