Comparison between Quality RO Industries IPO and Shigan Quantum Technologies IPO.
Quality RO Industries 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.
| Quality RO Industries 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 |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Quality RO Industries IPO is up to ₹2.55 Cr whereas the issue size of the Shigan Quantum Technologies IPO is up to ₹21.56 Cr. The final issue price of Quality RO Industries IPO is ₹51.00 per share and of Shigan Quantum Technologies IPO is ₹50.00 per share.
| Quality RO Industries IPO | Shigan Quantum Technologies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹51.00 per share | ₹50.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 3000 shares |
| Fresh Issue Size | 5,00,000 shares | 43,11,000 shares |
| Fresh Issue Size (Amount) | up to ₹2.55 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 | 5,00,000 shares | 43,11,000 shares |
| Issue Size Total (Amount) | up to ₹2.55 Cr | up to ₹21.56 Cr |
Quality RO Industries IPO opens on Jan 27, 2022, while Shigan Quantum Technologies IPO opens on Feb 28, 2022. The closing date of Quality RO Industries IPO and Shigan Quantum Technologies IPO is Feb 01, 2022, and Mar 03, 2022, respectively.
| Quality RO Industries IPO | Shigan Quantum Technologies IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jan 27, 2022 | Feb 28, 2022 |
| Issue Close | Feb 01, 2022 | Mar 03, 2022 |
| Basis Of Allotment (Tentative) | Feb 04, 2022 | Mar 08, 2022 |
| Initiation of Refunds (Tentative) | Feb 07, 2022 | Mar 09, 2022 |
| Credit of Share (Tentative) | Feb 08, 2022 | Mar 10, 2022 |
| Listing date (Tentative) | Feb 09, 2022 | Mar 11, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Quality RO Industries IPO P/E ratio is 113, as compared to Shigan Quantum Technologies IPO P/E ratio of 12.41.
| Quality RO Industries IPO | Shigan Quantum Technologies IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 84.00 | 100 | ||||
| Promoter Shareholding (Post-Issue) | 60.93 | 73.63 | ||||
| P/E Ratio | 113 | 12.41 | ||||
| Market Cap | ₹9.84 Cr. | ₹86.08 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | 0.09 | |||||
| EPS | ₹2.77 | |||||
| RoNW | 20.84 |
In the Quality RO Industries IPO Retail Individual Investors (RII) are offered 2,50,000 shares while in Shigan Quantum Technologies IPO retail investors are offered 2,50,000 shares. Qualified Institutional Buyers (QIB) are offered in Quality RO Industries IPO and in Shigan Quantum Technologies IPO.
| Quality RO Industries IPO | Shigan Quantum Technologies IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 30,000 shares | 2,28,000 shares |
| QIB | ||
| NII | 2,50,000 shares | 21,54,000 shares |
| RII | 2,50,000 shares | 21,57,000 shares |
| Employee | ||
| Others | ||
| Total | 5,00,000 shares | 43,11,000 shares |
Quality RO Industries IPO subscribed 7.26x in total, whereas Shigan Quantum Technologies IPO subscribed 17.95x.
| Quality RO Industries IPO | Shigan Quantum Technologies IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 4.46x | 27.70x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 10.06x | 8.21x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 7.26x | 17.95x |
