Comparison between Shigan Quantum Technologies IPO and SP Refractories IPO.
IPO Details
Shigan Quantum Technologies IPO is a SME Fixed Price IPO proposed to list at NSE SME while SP Refractories IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Shigan Quantum Technologies IPO is up to ₹21.56 Cr whereas the issue size of the SP Refractories IPO is up to ₹4.67 Cr. The final issue price of Shigan Quantum Technologies IPO is ₹50.00 per share and of SP Refractories IPO is ₹90.00 per share.
| | Shigan Quantum Technologies IPO | SP Refractories IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹50.00 per share | ₹90.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 3000 shares | 1600 shares |
| Fresh Issue Size | 43,11,000 shares | 2,68,800 shares |
| Fresh Issue Size (Amount) | up to ₹21.56 Cr | up to ₹2.42 Cr |
| OFS Issue Size | 0 shares | 2,49,600 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹2.25 Cr |
| Issue Size Total | 43,11,000 shares | 5,18,400 shares |
| Issue Size Total (Amount) | up to ₹21.56 Cr | up to ₹4.67 Cr |
IPO Timetable
Shigan Quantum Technologies IPO opens on Feb 28, 2022, while SP Refractories IPO opens on Mar 09, 2022. The closing date of Shigan Quantum Technologies IPO and SP Refractories IPO is Mar 03, 2022, and Mar 11, 2022, respectively.
| | Shigan Quantum Technologies IPO | SP Refractories IPO |
|---|
| Issue Open | Feb 28, 2022 | Mar 09, 2022 |
| Issue Close | Mar 03, 2022 | Mar 11, 2022 |
| Basis Of Allotment (Tentative) | Mar 08, 2022 | Mar 16, 2022 |
| Initiation of Refunds (Tentative) | Mar 09, 2022 | Mar 17, 2022 |
| Credit of Share (Tentative) | Mar 10, 2022 | Mar 21, 2022 |
| Listing date (Tentative) | Mar 11, 2022 | Mar 22, 2022 |
Financials & KPIs
Shigan Quantum Technologies IPO P/E ratio is 12.41, as compared to SP Refractories IPO P/E ratio of 9.94.
Shares Offered
In the Shigan Quantum Technologies IPO Retail Individual Investors (RII) are offered 21,57,000 shares while in SP Refractories IPO retail investors are offered 21,57,000 shares. Qualified Institutional Buyers (QIB) are offered in Shigan Quantum Technologies IPO and 0 shares in SP Refractories IPO.
| | Shigan Quantum Technologies IPO | SP Refractories IPO |
|---|
| Anchor Investor Reservation | | 0 shares |
| Market Maker Reservation | 2,28,000 shares | 28,800 shares |
| QIB | | 0 shares |
| NII | 21,54,000 shares | 2,59,200 shares |
| RII | 21,57,000 shares | 2,59,200 shares |
| Employee | | 0 shares |
| Total | 43,11,000 shares | 5,18,400 shares |
Bids Received (Subscription)
Shigan Quantum Technologies IPO subscribed 17.95x in total, whereas SP Refractories IPO subscribed 7.24x.
