Omfurn India IPO vs Sheetal Cool Products IPO

Comparison between Omfurn India IPO and Sheetal Cool Products IPO.

IPO Details

Omfurn India IPO is a SME Fixed Price IPO proposed to list at NSE 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 Omfurn India IPO is up to ₹3.95 Cr whereas the issue size of the Sheetal Cool Products IPO is up to ₹22.66 Cr. The final issue price of Omfurn India IPO is ₹23.00 per share and of Sheetal Cool Products IPO is ₹80.00 per share.

 Omfurn India IPOSheetal Cool Products IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹23.00 per share₹80.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares1600 shares
Fresh Issue Size17,16,000 shares28,32,000 shares
Fresh Issue Size (Amount)up to ₹3.95 Crup to ₹22.66 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total17,16,000 shares28,32,000 shares
Issue Size Total (Amount)up to ₹3.95 Crup to ₹22.66 Cr

IPO Timetable

Omfurn India IPO opens on Sep 29, 2017, while Sheetal Cool Products IPO opens on Oct 16, 2017. The closing date of Omfurn India IPO and Sheetal Cool Products IPO is Oct 05, 2017, and Oct 18, 2017, respectively.

 Omfurn India IPOSheetal Cool Products IPO
Issue OpenSep 29, 2017Oct 16, 2017
Issue CloseOct 05, 2017Oct 18, 2017
Basis Of Allotment (Tentative)Oct 25, 2017
Listing date (Tentative)Oct 13, 2017Oct 30, 2017

Financials & KPIs

Omfurn India IPO P/E ratio is , as compared to Sheetal Cool Products IPO P/E ratio of .

 Omfurn India IPOSheetal Cool Products IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets30.2330.2926.41
Total Income28.1943.8838.66
Profit After Tax1.611.871.31
NET Worth15.6814.0712.19
Reserves and Surplus10.6813.5711.69
Total Borrowing7.097.565.00
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Jun 201731 Mar 201731 Mar 201631 Mar 2015
Assets51.2446.0423.2015.55
Total Income49.35154.63125.2844.90
Profit After Tax0.582.061.960.13
NET Worth8.778.196.131.17
Reserves and Surplus3.773.191.13-0.83
Total Borrowing12.0111.414.237.82
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%71.1%
Promoter Shareholding (Post-Issue)73.40%50.78%
Market Cap₹15.67 Cr.₹84.00 Cr.

Shares Offered

In the Omfurn India IPO Retail Individual Investors (RII) are offered 8,58,000 shares while in Sheetal Cool Products IPO retail investors are offered 8,58,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Omfurn India IPO and 0 shares in Sheetal Cool Products IPO.

 Omfurn India IPOSheetal Cool Products IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation96,000 shares1,68,000 shares
QIB0 shares0 shares
NII8,58,000 shares14,16,000 shares
RII8,58,000 shares14,16,000 shares
Employee0 shares0 shares
Total17,16,000 shares28,32,000 shares

Bids Received (Subscription)

Omfurn India IPO subscribed 1.35x in total, whereas Sheetal Cool Products IPO subscribed 33.03x.

 Omfurn India IPOSheetal Cool Products IPO
NII (times)0.99x49.11x
RII (times)1.71x16.95x
Total (times)1.35x33.03x

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Omfurn India IPO Vs Sheetal Cool Products IPO