Comparison between Ekennis Software IPO and Shigan Quantum Technologies IPO.
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 IPO | Shigan Quantum Technologies IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Shreni Shares Ltd. | Finshore Management Services Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Shreni Shares Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
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 IPO | Shigan Quantum Technologies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹72.00 per share | ₹50.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 1600 shares | 3000 shares |
| Fresh Issue Size | 3,77,600 shares | 43,11,000 shares |
| Fresh Issue Size (Amount) | up to ₹2.72 Cr | up to ₹21.56 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 3,77,600 shares | 43,11,000 shares |
| Issue Size Total (Amount) | up to ₹2.72 Cr | up to ₹21.56 Cr |
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 IPO | Shigan Quantum Technologies IPO | |
|---|---|---|
| Issue Open | Feb 21, 2022 | Feb 28, 2022 |
| Issue Close | Feb 24, 2022 | Mar 03, 2022 |
| Basis Of Allotment (Tentative) | Mar 02, 2022 | Mar 08, 2022 |
| Initiation of Refunds (Tentative) | Mar 03, 2022 | Mar 09, 2022 |
| Credit of Share (Tentative) | Mar 04, 2022 | Mar 10, 2022 |
| Listing date (Tentative) | Mar 07, 2022 | Mar 11, 2022 |
Ekennis Software IPO P/E ratio is 11.4, as compared to Shigan Quantum Technologies IPO P/E ratio of 12.41.
| Ekennis Software IPO | Shigan Quantum Technologies IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100% | 100% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 71.42% | 73.63% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.4 | 12.41 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹10.08 Cr. | ₹86.08 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 126.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 173.31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.11 | 0.09 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹189.83 | ₹2.77 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 77.48 | 20.84 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 IPO | Shigan Quantum Technologies IPO | |
|---|---|---|
| Market Maker Reservation | 22,400 shares | 2,28,000 shares |
| NII | 1,88,800 shares | 21,54,000 shares |
| RII | 1,88,800 shares | 21,57,000 shares |
| Total | 3,77,600 shares | 43,11,000 shares |
Ekennis Software IPO subscribed 28.00x in total, whereas Shigan Quantum Technologies IPO subscribed 17.95x.
| Ekennis Software IPO | Shigan Quantum Technologies IPO | |
|---|---|---|
| NII (times) | 36.99x | 27.70x |
| RII (times) | 19.00x | 8.21x |
| Total (times) | 28.00x | 17.95x |
