Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Service Care IPO vs Synoptics Technologies IPO

Comparison between Service Care IPO and Synoptics Technologies IPO.

IPO Details

Service Care IPO is a SME Fixed Price IPO proposed to list at NSE SME while Synoptics Technologies IPO is a SME Fixed Price proposed to list at NSE SME.

 Service Care IPOSynoptics Technologies IPO
LogoService Care IPO LogoSynoptics Technologies IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMENSE SME
Lead ManagersSwastika Investmart Ltd.First Overseas Capital Ltd.
RegistrarIntegrated Registry Management Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerRikhav Securities Ltd.NNM Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Service Care IPO is up to ₹19.63 Cr whereas the issue size of the Synoptics Technologies IPO is up to ₹51.33 Cr. The final issue price of Service Care IPO is ₹67.00 per share and of Synoptics Technologies IPO is ₹237.00 per share.

 Service Care IPOSynoptics Technologies IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹63.00 per share
Issue Price (Upper)₹67.00 per share
Issue Price (Final)₹67.00 per share₹237.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares600 shares
Fresh Issue Size29,30,000 shares13,66,000 shares
Fresh Issue Size (Amount)up to ₹19.63 Crup to ₹32.37 Cr
OFS Issue Size0 shares8,00,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹18.96 Cr
Issue Size Total29,30,000 shares21,66,000 shares
Issue Size Total (Amount)up to ₹19.63 Crup to ₹51.33 Cr

IPO Timetable

Service Care IPO opens on Jul 14, 2023, while Synoptics Technologies IPO opens on Jun 30, 2023. The closing date of Service Care IPO and Synoptics Technologies IPO is Jul 18, 2023, and Jul 05, 2023, respectively.

 Service Care IPOSynoptics Technologies IPO
Anchor Bid Date
Issue OpenJul 14, 2023Jun 30, 2023
Issue CloseJul 18, 2023Jul 05, 2023
Basis Of Allotment (Tentative)Jul 21, 2023Jul 10, 2023
Initiation of Refunds (Tentative)Jul 24, 2023Jul 11, 2023
Credit of Share (Tentative)Jul 25, 2023Jul 12, 2023
Listing date (Tentative)Jul 26, 2023Jul 13, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Service Care IPO P/E ratio is 21.2, as compared to Synoptics Technologies IPO P/E ratio of 25.32.

 Service Care IPOSynoptics Technologies IPO
Financials
Service Care Private Limited Financial Information (Restated Standalone)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-201,920.9210,812.34136.28434.38433.38306.01
31-Mar-212,019.928,933.3823.46457.84456.84314.56
31-Mar-222,430.8911,501.64174.48632.32631.32341.47
31-Jan-233,181.3013,217.29302.341,134.661,133.41
Amount in ₹ Lakhs
Synoptics Technologies Limited Financial Information (Restated Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-203,326.202,211.43182.061,208.47508.471,290.16
31-Mar-213,759.783,479.91236.021,444.49744.491,194.71
31-Mar-224,279.805,097.07432.361,876.851,176.851,410.03
31-Dec-225,379.953,446.81525.362,402.211,702.211,959.06
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100100.00
Promoter Shareholding (Post-Issue)73.11
P/E Ratio21.225.32
Market Cap₹77.04 Cr.₹200.98 Cr.
ROE0.3421.87%
ROCE0.3719.16%
Debt/Equity0.82
EPS₹1744.81₹4.65
RoNW26.6519.48%

Shares Offered

In the Service Care IPO Retail Individual Investors (RII) are offered 13,18,000 shares while in Synoptics Technologies IPO retail investors are offered 13,18,000 shares. Qualified Institutional Buyers (QIB) are offered 2,94,000 shares in Service Care IPO and in Synoptics Technologies IPO.

 Service Care IPOSynoptics Technologies IPO
Anchor Investor Reserveration
Market Maker Reserveration1,56,000 shares1,14,000 shares
QIB2,94,000 shares
NII13,18,000 shares10,83,000 shares
RII13,18,000 shares10,83,000 shares
Employee
Others
Total29,30,000 shares21,66,000 shares

Bids Received (Subscription)

Service Care IPO subscribed 6.44x in total, whereas Synoptics Technologies IPO subscribed 2.66x.

 Service Care IPOSynoptics Technologies IPO
QIB (times)5.10x
NII (times)2.64x2.58x
Big NII (times)
Small NII (times)
RII (times)10.54x2.54x
Employee (times)
Other (times)
Total (times)6.44x2.66x