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Ekennis Software IPO vs Shigan Quantum Technologies IPO

Comparison between Ekennis Software IPO and Shigan Quantum Technologies IPO.

IPO Details

Ekennis Software IPO is a SME Fixed Price IPO proposed to list at BSE SME while Shigan Quantum Technologies IPO is a SME Fixed Price proposed to list at NSE SME.

 Ekennis Software IPOShigan Quantum Technologies IPO
LogoEkennis Software IPO LogoShigan Quantum Technologies IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersShreni Shares Ltd.Finshore Management Services Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerShreni Shares Ltd.Nikunj Stock Brokers Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Ekennis Software IPO is up to ₹2.72 Cr whereas the issue size of the Shigan Quantum Technologies IPO is up to ₹21.56 Cr. The final issue price of Ekennis Software IPO is ₹72.00 per share and of Shigan Quantum Technologies IPO is ₹50.00 per share.

 Ekennis Software IPOShigan Quantum Technologies IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹72.00 per share₹50.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares3000 shares
Fresh Issue Size3,77,600 shares43,11,000 shares
Fresh Issue Size (Amount)up to ₹2.72 Crup to ₹21.56 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total3,77,600 shares43,11,000 shares
Issue Size Total (Amount)up to ₹2.72 Crup to ₹21.56 Cr

IPO Timetable

Ekennis Software IPO opens on Feb 21, 2022, while Shigan Quantum Technologies IPO opens on Feb 28, 2022. The closing date of Ekennis Software IPO and Shigan Quantum Technologies IPO is Feb 24, 2022, and Mar 03, 2022, respectively.

 Ekennis Software IPOShigan Quantum Technologies IPO
Anchor Bid Date
Issue OpenFeb 21, 2022Feb 28, 2022
Issue CloseFeb 24, 2022Mar 03, 2022
Basis Of Allotment (Tentative)Mar 02, 2022Mar 08, 2022
Initiation of Refunds (Tentative)Mar 03, 2022Mar 09, 2022
Credit of Share (Tentative)Mar 04, 2022Mar 10, 2022
Listing date (Tentative)Mar 07, 2022Mar 11, 2022
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Ekennis Software IPO P/E ratio is 11.4, as compared to Shigan Quantum Technologies IPO P/E ratio of 12.41.

 Ekennis Software IPOShigan Quantum Technologies IPO
Financials
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Lakh)
  15-Jan-22 31-Mar-21 31-Mar-20
Total Assets 301.07 261.53 163.87
Total Revenue 367.18 468.67 485.78
Profit After Tax 70.20 94.92 22.60
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Lakh)
  31-Aug-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 4,679.17 4,529.57 2,473.48 2,205.65
Total Revenue 6,439.76 9,602.26 7,278.78 6,908.42
Profit After Tax 289.29 351.34 292.07 266.07
Promoter Shareholding (Pre-Issue)100100
Promoter Shareholding (Post-Issue)71.4273.63
P/E Ratio11.412.41
Market Cap₹10.08 Cr.₹86.08 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Ekennis Software IPO Retail Individual Investors (RII) are offered 1,88,800 shares while in Shigan Quantum Technologies IPO retail investors are offered 1,88,800 shares. Qualified Institutional Buyers (QIB) are offered in Ekennis Software IPO and in Shigan Quantum Technologies IPO.

 Ekennis Software IPOShigan Quantum Technologies IPO
Anchor Investor Reserveration
Market Maker Reserveration22,400 shares2,28,000 shares
QIB
NII1,88,800 shares21,54,000 shares
RII1,88,800 shares21,57,000 shares
Employee
Others
Total3,77,600 shares43,11,000 shares

Bids Received (Subscription)

Ekennis Software IPO subscribed 28.00x in total, whereas Shigan Quantum Technologies IPO subscribed 17.95x.

 Ekennis Software IPOShigan Quantum Technologies IPO
QIB (times)
NII (times)36.99x27.70x
Big NII (times)
Small NII (times)
RII (times)19.00x8.21x
Employee (times)
Other (times)
Total (times)28.00x17.95x