Comparison between Innovana Thinklabs IPO and Shradha Infraprojects IPO.
Innovana Thinklabs IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shradha Infraprojects IPO is a SME Fixed Price proposed to list at NSE SME.
| Innovana Thinklabs IPO | Shradha Infraprojects IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Swastika Investmart Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Beeline Broking Ltd. | Aryaman Capital Markets 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 Innovana Thinklabs IPO is up to ₹7.28 Cr whereas the issue size of the Shradha Infraprojects IPO is up to ₹17.92 Cr. The final issue price of Innovana Thinklabs IPO is ₹70.00 per share and of Shradha Infraprojects IPO is ₹70.00 per share.
| Innovana Thinklabs IPO | Shradha Infraprojects IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹70.00 per share | ₹70.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | |
| Fresh Issue Size | 10,40,000 shares | 19,88,000 shares |
| Fresh Issue Size (Amount) | up to ₹7.28 Cr | up to ₹13.92 Cr |
| OFS Issue Size | 0 shares | 5,72,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹4.00 Cr |
| Issue Size Total | 10,40,000 shares | 25,60,000 shares |
| Issue Size Total (Amount) | up to ₹7.28 Cr | up to ₹17.92 Cr |
Innovana Thinklabs IPO opens on Nov 29, 2017, while Shradha Infraprojects IPO opens on Nov 27, 2017. The closing date of Innovana Thinklabs IPO and Shradha Infraprojects IPO is Dec 04, 2017, and Nov 30, 2017, respectively.
| Innovana Thinklabs IPO | Shradha Infraprojects IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Nov 29, 2017 | Nov 27, 2017 |
| Issue Close | Dec 04, 2017 | Nov 30, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Dec 12, 2017 | Dec 11, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Innovana Thinklabs IPO P/E ratio is 25, as compared to Shradha Infraprojects IPO P/E ratio of .
| Innovana Thinklabs IPO | Shradha Infraprojects IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | 25 | |||||
| Market Cap | ₹28.70 Cr. | ₹67.50 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Innovana Thinklabs IPO Retail Individual Investors (RII) are offered 5,20,000 shares while in Shradha Infraprojects IPO retail investors are offered 5,20,000 shares. Qualified Institutional Buyers (QIB) are offered in Innovana Thinklabs IPO and in Shradha Infraprojects IPO.
| Innovana Thinklabs IPO | Shradha Infraprojects IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 60,000 shares | 1,44,000 shares |
| QIB | ||
| NII | 5,20,000 shares | 12,80,000 shares |
| RII | 5,20,000 shares | 12,80,000 shares |
| Employee | ||
| Others | ||
| Total | 10,40,000 shares | 25,60,000 shares |
Innovana Thinklabs IPO subscribed 2.64x in total, whereas Shradha Infraprojects IPO subscribed 2.84x.
| Innovana Thinklabs IPO | Shradha Infraprojects IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.51x | 2.33x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.77x | 3.34x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.64x | 2.84x |
