Comparison between Panache Digilife IPO and Sikko Industries IPO.
Panache Digilife IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sikko Industries IPO is a SME Fixed Price proposed to list at NSE SME.
| Panache Digilife IPO | Sikko Industries IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Pantomath Capital Advisors Pvt.Ltd. | Swastika Investmart Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | Pantomath Stock Brokers Pvt.Ltd. | Beeline Broking 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 Panache Digilife IPO is up to ₹13.83 Cr whereas the issue size of the Sikko Industries IPO is up to ₹4.86 Cr. The final issue price of Panache Digilife IPO is ₹81.00 per share and of Sikko Industries IPO is ₹32.00 per share.
| Panache Digilife IPO | Sikko Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹75.00 per share | |
| Issue Price (Upper) | ₹81.00 per share | |
| Issue Price (Final) | ₹81.00 per share | ₹32.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 4000 shares |
| Fresh Issue Size | 17,07,200 shares | 15,20,000 shares |
| Fresh Issue Size (Amount) | up to ₹13.83 Cr | up to ₹4.86 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 | 17,07,200 shares | 15,20,000 shares |
| Issue Size Total (Amount) | up to ₹13.83 Cr | up to ₹4.86 Cr |
Panache Digilife IPO opens on Apr 11, 2017, while Sikko Industries IPO opens on Apr 05, 2017. The closing date of Panache Digilife IPO and Sikko Industries IPO is Apr 17, 2017, and Apr 07, 2017, respectively.
| Panache Digilife IPO | Sikko Industries IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Apr 11, 2017 | Apr 05, 2017 |
| Issue Close | Apr 17, 2017 | Apr 07, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Apr 25, 2017 | Apr 18, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Panache Digilife IPO P/E ratio is , as compared to Sikko Industries IPO P/E ratio of .
| Panache Digilife IPO | Sikko Industries IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹48.60 Cr. | ₹17.92 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Panache Digilife IPO Retail Individual Investors (RII) are offered 8,54,400 shares while in Sikko Industries IPO retail investors are offered 8,54,400 shares. Qualified Institutional Buyers (QIB) are offered in Panache Digilife IPO and in Sikko Industries IPO.
| Panache Digilife IPO | Sikko Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 92,800 shares | 80,000 shares |
| QIB | ||
| NII | 8,52,800 shares | 7,60,000 shares |
| RII | 8,54,400 shares | 7,60,000 shares |
| Employee | ||
| Others | ||
| Total | 17,07,200 shares | 15,20,000 shares |
Panache Digilife IPO subscribed 2.45x in total, whereas Sikko Industries IPO subscribed 13.00x.
| Panache Digilife IPO | Sikko Industries IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.21x | 7.77x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.66x | 18.24x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.45x | 13.00x |
