Comparison between Innovative Tyres IPO and Share India Securities IPO.
Innovative Tyres IPO is a SME Fixed Price IPO proposed to list at NSE SME while Share India Securities IPO is a SME Fixed Price proposed to list at BSE SME.
| Innovative Tyres IPO | Share India Securities IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Pantomath Capital Advisors Pvt.Ltd. | Hem Securities Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Goldmine Stocks Pvt.Ltd. | Hem Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Innovative Tyres IPO is up to ₹26.87 Cr whereas the issue size of the Share India Securities IPO is up to ₹25.04 Cr. The final issue price of Innovative Tyres IPO is ₹45.00 per share and of Share India Securities IPO is ₹41.00 per share.
| Innovative Tyres IPO | Share India Securities IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹42.00 per share | |
| Issue Price (Upper) | ₹45.00 per share | |
| Issue Price (Final) | ₹45.00 per share | ₹41.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 3000 shares | 3000 shares |
| Fresh Issue Size | 59,70,000 shares | 56,08,000 shares |
| Fresh Issue Size (Amount) | up to ₹26.87 Cr | up to ₹22.99 Cr |
| OFS Issue Size | 0 shares | 5,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹2.05 Cr |
| Issue Size Total | 59,70,000 shares | 61,08,000 shares |
| Issue Size Total (Amount) | up to ₹26.87 Cr | up to ₹25.04 Cr |
Innovative Tyres IPO opens on Sep 22, 2017, while Share India Securities IPO opens on Sep 21, 2017. The closing date of Innovative Tyres IPO and Share India Securities IPO is Sep 26, 2017, and Sep 26, 2017, respectively.
| Innovative Tyres IPO | Share India Securities IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 22, 2017 | Sep 21, 2017 |
| Issue Close | Sep 26, 2017 | Sep 26, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Oct 05, 2017 | Oct 05, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Innovative Tyres IPO P/E ratio is , as compared to Share India Securities IPO P/E ratio of .
| Innovative Tyres IPO | Share India Securities IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹80.96 Cr. | ₹100.14 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Innovative Tyres IPO Retail Individual Investors (RII) are offered 25,50,000 shares while in Share India Securities IPO retail investors are offered 25,50,000 shares. Qualified Institutional Buyers (QIB) are offered in Innovative Tyres IPO and in Share India Securities IPO.
| Innovative Tyres IPO | Share India Securities IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 3,27,000 shares | 3,24,000 shares |
| QIB | ||
| NII | 25,50,000 shares | 30,54,000 shares |
| RII | 25,50,000 shares | 30,54,000 shares |
| Employee | 8,70,000 shares | |
| Others | ||
| Total | 59,70,000 shares | 61,08,000 shares |
Innovative Tyres IPO subscribed 8.03x in total, whereas Share India Securities IPO subscribed 4.03x.
| Innovative Tyres IPO | Share India Securities IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 4.07x | 4.10x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 14.36x | 3.95x |
| Employee (times) | 0.91x | |
| Other (times) | ||
| Total (times) | 8.03x | 4.03x |
