Comparison between Advait Infratech IPO and Sigma Solve IPO.
Advait Infratech IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sigma Solve IPO is a SME Fixed Price proposed to list at NSE SME.
| Advait Infratech IPO | Sigma Solve IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | ISK Advisors Pvt.Ltd. | Beeline Broking Ltd. |
| Registrar | Kfin Technologies Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | NNM Securities Pvt.Ltd. | Nikunj Stock Brokers 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 Advait Infratech IPO is up to ₹6.54 Cr whereas the issue size of the Sigma Solve IPO is up to ₹4.70 Cr. The final issue price of Advait Infratech IPO is ₹51.00 per share and of Sigma Solve IPO is ₹45.00 per share.
| Advait Infratech IPO | Sigma Solve IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹51.00 per share | ₹45.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 3000 shares |
| Fresh Issue Size | 12,82,000 shares | 10,44,000 shares |
| Fresh Issue Size (Amount) | up to ₹6.54 Cr | up to ₹4.70 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 12,82,000 shares | 10,44,000 shares |
| Issue Size Total (Amount) | up to ₹6.54 Cr | up to ₹4.70 Cr |
Advait Infratech IPO opens on Sep 15, 2020, while Sigma Solve IPO opens on Sep 29, 2020. The closing date of Advait Infratech IPO and Sigma Solve IPO is Sep 18, 2020, and Oct 09, 2020, respectively.
| Advait Infratech IPO | Sigma Solve IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 15, 2020 | Sep 29, 2020 |
| Issue Close | Sep 18, 2020 | Oct 09, 2020 |
| Basis Of Allotment (Tentative) | Sep 25, 2020 | Oct 14, 2020 |
| Initiation of Refunds (Tentative) | Sep 28, 2020 | Oct 15, 2020 |
| Credit of Share (Tentative) | Sep 29, 2020 | Oct 15, 2020 |
| Listing date (Tentative) | Sep 28, 2020 | Oct 19, 2020 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Advait Infratech IPO P/E ratio is , as compared to Sigma Solve IPO P/E ratio of .
| Advait Infratech IPO | Sigma Solve IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 100 | ||||
| Promoter Shareholding (Post-Issue) | 73.51 | 73.24 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹26.01 Cr. | ₹18.50 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Advait Infratech IPO Retail Individual Investors (RII) are offered 6,41,000 shares while in Sigma Solve IPO retail investors are offered 6,41,000 shares. Qualified Institutional Buyers (QIB) are offered in Advait Infratech IPO and in Sigma Solve IPO.
| Advait Infratech IPO | Sigma Solve IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 68,000 shares | 57,000 shares |
| QIB | ||
| NII | 6,41,000 shares | 5,22,000 shares |
| RII | 6,41,000 shares | 5,22,000 shares |
| Employee | ||
| Others | ||
| Total | 12,82,000 shares | 10,44,000 shares |
Advait Infratech IPO subscribed 1.92x in total, whereas Sigma Solve IPO subscribed 1.59x.
| Advait Infratech IPO | Sigma Solve IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.53x | 1.09x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.32x | 2.09x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.92x | 1.59x |
