Comparison between IRIS Business Services IPO and Shreeji Translogistics IPO.
IPO Details
IRIS Business Services IPO is a SME Fixed Price IPO proposed to list at BSE SME while Shreeji Translogistics IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of IRIS Business Services IPO is up to ₹15.18 Cr whereas the issue size of the Shreeji Translogistics IPO is up to ₹11.78 Cr. The final issue price of IRIS Business Services IPO is ₹32.00 per share and of Shreeji Translogistics IPO is ₹130.00 per share.
| | IRIS Business Services IPO | Shreeji Translogistics IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹32.00 per share | ₹130.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 4000 shares | 1000 shares |
| Fresh Issue Size | 47,44,000 shares | 1,56,000 shares |
| Fresh Issue Size (Amount) | up to ₹15.18 Cr | up to ₹2.03 Cr |
| OFS Issue Size | 0 shares | 7,50,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹9.75 Cr |
| Issue Size Total | 47,44,000 shares | 9,06,000 shares |
| Issue Size Total (Amount) | up to ₹15.18 Cr | up to ₹11.78 Cr |
IPO Timetable
IRIS Business Services IPO opens on Sep 29, 2017, while Shreeji Translogistics IPO opens on Sep 29, 2017. The closing date of IRIS Business Services IPO and Shreeji Translogistics IPO is Oct 04, 2017, and Oct 05, 2017, respectively.
Financials & KPIs
IRIS Business Services IPO P/E ratio is , as compared to Shreeji Translogistics IPO P/E ratio of .
Shares Offered
In the IRIS Business Services IPO Retail Individual Investors (RII) are offered 23,72,000 shares while in Shreeji Translogistics IPO retail investors are offered 23,72,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in IRIS Business Services IPO and 0 shares in Shreeji Translogistics IPO.
| | IRIS Business Services IPO | Shreeji Translogistics IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 2,60,000 shares | 48,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 23,72,000 shares | 4,53,000 shares |
| RII | 23,72,000 shares | 4,53,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 47,44,000 shares | 9,06,000 shares |
Bids Received (Subscription)
IRIS Business Services IPO subscribed 2.39x in total, whereas Shreeji Translogistics IPO subscribed 1.25x.
