ShreeOswal Seeds IPO vs Waa Solar IPO

Comparison between ShreeOswal Seeds IPO and Waa Solar IPO.

IPO Details

ShreeOswal Seeds IPO is a SME Fixed Price IPO proposed to list at NSE SME while Waa Solar IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of ShreeOswal Seeds IPO is up to ₹11.29 Cr whereas the issue size of the Waa Solar IPO is up to ₹30.53 Cr. The final issue price of ShreeOswal Seeds IPO is ₹26.00 per share and of Waa Solar IPO is ₹161.00 per share.

 ShreeOswal Seeds IPOWaa Solar IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹25.00 per share
Issue Price (Upper)₹26.00 per share
Issue Price (Final)₹26.00 per share₹161.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares800 shares
Fresh Issue Size43,44,000 shares16,46,000 shares
Fresh Issue Size (Amount)up to ₹11.29 Crup to ₹26.50 Cr
OFS Issue Size0 shares2,50,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹4.03 Cr
Issue Size Total43,44,000 shares18,96,000 shares
Issue Size Total (Amount)up to ₹11.29 Crup to ₹30.53 Cr

IPO Timetable

ShreeOswal Seeds IPO opens on Jun 07, 2018, while Waa Solar IPO opens on May 31, 2018. The closing date of ShreeOswal Seeds IPO and Waa Solar IPO is Jun 12, 2018, and Jun 04, 2018, respectively.

 ShreeOswal Seeds IPOWaa Solar IPO
Issue OpenJun 07, 2018May 31, 2018
Issue CloseJun 12, 2018Jun 04, 2018
Basis Of Allotment (Tentative)Jun 15, 2018Jun 07, 2018
Initiation of Refunds (Tentative)Jun 18, 2018
Credit of Share (Tentative)Jun 19, 2018
Listing date (Tentative)Jun 20, 2018Jun 12, 2018

Financials & KPIs

ShreeOswal Seeds IPO P/E ratio is , as compared to Waa Solar IPO P/E ratio of .

 ShreeOswal Seeds IPOWaa Solar IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Mar 201830 Nov 201731 Mar 201731 Mar 2016
Assets31.3318.8527.3524.90
Total Income13.3135.3043.0038.87
Profit After Tax0.910.891.020.32
NET Worth11.367.376.054.87
Reserves and Surplus1.02
Total Borrowing12.376.3313.8916.02
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Nov 201731 Mar 201731 Mar 201631 Mar 2015
Assets214.07200.19198.07218.82
Total Income16.2326.0746.9054.26
Profit After Tax1.624.286.3411.53
NET Worth115.48113.86109.5981.64
Reserves and Surplus115.21113.59109.3281.45
Total Borrowing89.0478.1377.24111.18
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)69.98%69.85%
Market Cap₹39.64 Cr.₹106.80 Cr.

Shares Offered

In the ShreeOswal Seeds IPO Retail Individual Investors (RII) are offered 21,72,000 shares while in Waa Solar IPO retail investors are offered 21,72,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in ShreeOswal Seeds IPO and 0 shares in Waa Solar IPO.

 ShreeOswal Seeds IPOWaa Solar IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,32,000 shares1,04,000 shares
QIB0 shares0 shares
NII21,72,000 shares9,48,000 shares
RII21,72,000 shares9,48,000 shares
Employee0 shares0 shares
Total43,44,000 shares18,96,000 shares

Bids Received (Subscription)

ShreeOswal Seeds IPO subscribed 4.17x in total, whereas Waa Solar IPO subscribed 1.60x.

 ShreeOswal Seeds IPOWaa Solar IPO
NII (times)2.60x0.74x
RII (times)5.69x2.46x
Total (times)4.17x1.60x

Compare with others

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ShreeOswal Seeds IPO Vs Waa Solar IPO