Advait Infratech IPO vs Sigma Solve IPO

Comparison between Advait Infratech IPO and Sigma Solve IPO.

IPO Details

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.

Issue Size and Price

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 IPOSigma Solve IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹51.00 per share₹45.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares3000 shares
Fresh Issue Size12,82,000 shares10,44,000 shares
Fresh Issue Size (Amount)up to ₹6.54 Crup to ₹4.70 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total12,82,000 shares10,44,000 shares
Issue Size Total (Amount)up to ₹6.54 Crup to ₹4.70 Cr

IPO Timetable

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 IPOSigma Solve IPO
Issue OpenSep 15, 2020Sep 29, 2020
Issue CloseSep 18, 2020Oct 09, 2020
Basis Of Allotment (Tentative)Sep 25, 2020Oct 14, 2020
Initiation of Refunds (Tentative)Sep 28, 2020Oct 15, 2020
Credit of Share (Tentative)Sep 29, 2020Oct 15, 2020
Listing date (Tentative)Sep 28, 2020Oct 19, 2020

Financials & KPIs

Advait Infratech IPO P/E ratio is , as compared to Sigma Solve IPO P/E ratio of .

 Advait Infratech IPOSigma Solve IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 201931 Mar 201831 Mar 2017
Assets51.5644.3733.16
Total Income45.8128.5245.32
Profit After Tax0.542.496.21
NET Worth19.3718.8716.31
Reserves and Surplus15.6215.0816.30
Total Borrowing9.895.950.69
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202031 Mar 201931 Mar 2018
Assets4.982.261.12
Total Income5.693.492.57
Profit After Tax0.650.350.23
EBITDA0.940.550.34
NET Worth3.330.900.55
Reserves and Surplus0.540.890.54
Total Borrowing0.340.780.22
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.99%100%
Promoter Shareholding (Post-Issue)73.51%73.22%
Market Cap₹26.01 Cr.₹18.50 Cr.

Shares Offered

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 IPOSigma Solve IPO
Market Maker Reservation68,000 shares57,000 shares
NII6,41,000 shares5,22,000 shares
RII6,41,000 shares5,22,000 shares
Total12,82,000 shares10,44,000 shares

Bids Received (Subscription)

Advait Infratech IPO subscribed 2.02x in total, whereas Sigma Solve IPO subscribed 1.59x.

 Advait Infratech IPOSigma Solve IPO
NII (times)1.61x1.09x
RII (times)2.44x2.09x
Total (times)2.02x1.59x

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Advait Infratech IPO Vs Sigma Solve IPO