Sanghvi Brands IPO vs SecUR Credentials IPO

Comparison between Sanghvi Brands IPO and SecUR Credentials IPO.

IPO Details

Sanghvi Brands IPO is a SME Fixed Price IPO proposed to list at BSE SME while SecUR Credentials IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Sanghvi Brands IPO is up to ₹18.00 Cr whereas the issue size of the SecUR Credentials IPO is up to ₹28.54 Cr. The final issue price of Sanghvi Brands IPO is ₹69.00 per share and of SecUR Credentials IPO is ₹205.00 per share.

 Sanghvi Brands IPOSecUR Credentials IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹69.00 per share₹205.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares600 shares
Fresh Issue Size26,08,000 shares13,92,000 shares
Fresh Issue Size (Amount)up to ₹18.00 Crup to ₹28.54 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total26,08,000 shares13,92,000 shares
Issue Size Total (Amount)up to ₹18.00 Crup to ₹28.54 Cr

IPO Timetable

Sanghvi Brands IPO opens on Nov 10, 2017, while SecUR Credentials IPO opens on Nov 01, 2017. The closing date of Sanghvi Brands IPO and SecUR Credentials IPO is Nov 14, 2017, and Nov 03, 2017, respectively.

 Sanghvi Brands IPOSecUR Credentials IPO
Issue OpenNov 10, 2017Nov 01, 2017
Issue CloseNov 14, 2017Nov 03, 2017
Basis Of Allotment (Tentative)Nov 17, 2017
Listing date (Tentative)Nov 22, 2017Nov 13, 2017

Financials & KPIs

Sanghvi Brands IPO P/E ratio is , as compared to SecUR Credentials IPO P/E ratio of .

 Sanghvi Brands IPOSecUR Credentials IPO
Financials

Company Financials (Restated Standalone)

Period Ended30 Jun 201731 Mar 201731 Mar 201631 Mar 2015
Assets12.4412.0411.2510.50
Total Income2.6611.107.996.08
Profit After Tax0.030.820.100.02
NET Worth10.0410.019.199.09
Reserves and Surplus9.349.315.745.64
Total Borrowing0.180.170.130.07
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Jun 201731 Mar 201731 Mar 201631 Mar 2015
Assets12.878.410.780.95
Total Income5.9010.164.410.00
Profit After Tax1.251.810.02-0.09
NET Worth3.232.030.220.21
Reserves and Surplus2.272.020.210.20
Total Borrowing2.520.160.61
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)71.73%88%
Promoter Shareholding (Post-Issue)52.80%61.59%
Market Cap₹71.87 Cr.₹100.21 Cr.

Shares Offered

In the Sanghvi Brands IPO Retail Individual Investors (RII) are offered 13,04,000 shares while in SecUR Credentials IPO retail investors are offered 13,04,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Sanghvi Brands IPO and 0 shares in SecUR Credentials IPO.

 Sanghvi Brands IPOSecUR Credentials IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,40,000 shares75,000 shares
QIB0 shares0 shares
NII13,04,000 shares6,96,000 shares
RII13,04,000 shares6,96,000 shares
Employee0 shares0 shares
Total26,08,000 shares13,92,000 shares

Bids Received (Subscription)

Sanghvi Brands IPO subscribed 2.64x in total, whereas SecUR Credentials IPO subscribed 3.98x.

 Sanghvi Brands IPOSecUR Credentials IPO
NII (times)4.20x2.10x
RII (times)1.09x5.86x
Total (times)2.64x3.98x

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Sanghvi Brands IPO Vs SecUR Credentials IPO