Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

NIKS Technology IPO vs Siddhika Coatings IPO

Comparison between NIKS Technology IPO and Siddhika Coatings IPO.

IPO Details

NIKS Technology IPO is a SME Fixed Price IPO proposed to list at BSE SME while Siddhika Coatings IPO is a SME Fixed Price proposed to list at NSE SME.

 NIKS Technology IPOSiddhika Coatings IPO
LogoNIKS Technology IPO LogoSiddhika Coatings IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersGretex Corporate Services Ltd.Unistone Capital Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerGretex Share Broking Pvt.Ltd.Rikhav Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of NIKS Technology IPO is up to ₹1.91 Cr whereas the issue size of the Siddhika Coatings IPO is up to ₹4.46 Cr. The final issue price of NIKS Technology IPO is ₹201.00 per share and of Siddhika Coatings IPO is ₹57.00 per share.

 NIKS Technology IPOSiddhika Coatings IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹201.00 per share₹57.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size600 shares2000 shares
Fresh Issue Size27,800 shares7,82,000 shares
Fresh Issue Size (Amount)up to ₹0.56 Crup to ₹4.46 Cr
OFS Issue Size67,000 shares0 shares
OFS Issue Size (Amount)up to ₹1.35 Crup to ₹0.00 Cr
Issue Size Total94,800 shares7,82,000 shares
Issue Size Total (Amount)up to ₹1.91 Crup to ₹4.46 Cr

IPO Timetable

NIKS Technology IPO opens on Mar 19, 2021, while Siddhika Coatings IPO opens on Mar 24, 2021. The closing date of NIKS Technology IPO and Siddhika Coatings IPO is Mar 23, 2021, and Mar 26, 2021, respectively.

 NIKS Technology IPOSiddhika Coatings IPO
Anchor Bid Date
Issue OpenMar 19, 2021Mar 24, 2021
Issue CloseMar 23, 2021Mar 26, 2021
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)Mar 31, 2021Apr 07, 2021
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

NIKS Technology IPO P/E ratio is 119.64, as compared to Siddhika Coatings IPO P/E ratio of .

 NIKS Technology IPOSiddhika Coatings IPO
Financials
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in lakh)
31-Jan-21 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 67.56 39.37 7.36 9.30
Total Revenue 27.66 19.66 19.84 19.32
Profit After Tax 14.31 8.15 (0.18) (0.64)
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Lakh)
30-Sep-20 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 2,142.26 2,302.13 2,054.86 1,535.18
Total Revenue 614.65 3,041.78 3,223.74 2,214.65
Profit After Tax 19.98 295.86 351.14 256.44
Promoter Shareholding (Pre-Issue)99.9783.64
Promoter Shareholding (Post-Issue)
P/E Ratio119.64
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the NIKS Technology IPO Retail Individual Investors (RII) are offered 47,400 shares while in Siddhika Coatings IPO retail investors are offered 47,400 shares. Qualified Institutional Buyers (QIB) are offered in NIKS Technology IPO and in Siddhika Coatings IPO.

 NIKS Technology IPOSiddhika Coatings IPO
Anchor Investor Reserveration
Market Maker Reserveration5,400 shares42,000 shares
QIB
NII47,400 shares3,90,000 shares
RII47,400 shares3,92,000 shares
Employee
Others
Total94,800 shares7,82,000 shares

Bids Received (Subscription)

NIKS Technology IPO subscribed 4.10x in total, whereas Siddhika Coatings IPO subscribed 2.60x.

 NIKS Technology IPOSiddhika Coatings IPO
QIB (times)
NII (times)0.99x2.33x
Big NII (times)
Small NII (times)
RII (times)7.21x2.87x
Employee (times)
Other (times)
Total (times)4.10x2.60x