Comparison between IRIS Business Services IPO and Sheetal Cool Products IPO.
IPO Details
IRIS Business Services IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sheetal Cool Products IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of IRIS Business Services IPO is up to ₹15.18 Cr whereas the issue size of the Sheetal Cool Products IPO is up to ₹22.66 Cr. The final issue price of IRIS Business Services IPO is ₹32.00 per share and of Sheetal Cool Products IPO is ₹80.00 per share.
IPO Timetable
IRIS Business Services IPO opens on Sep 29, 2017, while Sheetal Cool Products IPO opens on Oct 16, 2017. The closing date of IRIS Business Services IPO and Sheetal Cool Products IPO is Oct 04, 2017, and Oct 18, 2017, respectively.
Financials & KPIs
IRIS Business Services IPO P/E ratio is , as compared to Sheetal Cool Products IPO P/E ratio of .
Shares Offered
In the IRIS Business Services IPO Retail Individual Investors (RII) are offered 23,72,000 shares while in Sheetal Cool Products IPO retail investors are offered 23,72,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in IRIS Business Services IPO and 0 shares in Sheetal Cool Products IPO.
| | IRIS Business Services IPO | Sheetal Cool Products IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 2,60,000 shares | 1,68,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 23,72,000 shares | 14,16,000 shares |
| RII | 23,72,000 shares | 14,16,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 47,44,000 shares | 28,32,000 shares |
Bids Received (Subscription)
IRIS Business Services IPO subscribed 2.39x in total, whereas Sheetal Cool Products IPO subscribed 33.03x.