Comparison between QMS Medical IPO and Silicon Rental Solutions IPO.
IPO Details
QMS Medical IPO is a SME Fixed Price IPO proposed to list at NSE SME while Silicon Rental Solutions IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of QMS Medical IPO is up to ₹54.01 Cr whereas the issue size of the Silicon Rental Solutions IPO is up to ₹20.09 Cr. The final issue price of QMS Medical IPO is ₹121.00 per share and of Silicon Rental Solutions IPO is ₹78.00 per share.
| | QMS Medical IPO | Silicon Rental Solutions IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹121.00 per share | ₹78.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 1000 shares | 1600 shares |
| Fresh Issue Size | 25,64,000 shares | 25,76,000 shares |
| Fresh Issue Size (Amount) | up to ₹31.02 Cr | up to ₹20.09 Cr |
| OFS Issue Size | 19,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹22.99 Cr | up to ₹0.00 Cr |
| Issue Size Total | 44,64,000 shares | 25,76,000 shares |
| Issue Size Total (Amount) | up to ₹54.01 Cr | up to ₹20.09 Cr |
IPO Timetable
QMS Medical IPO opens on Sep 27, 2022, while Silicon Rental Solutions IPO opens on Sep 28, 2022. The closing date of QMS Medical IPO and Silicon Rental Solutions IPO is Sep 30, 2022, and Sep 30, 2022, respectively.
| | QMS Medical IPO | Silicon Rental Solutions IPO |
|---|
| Issue Open | Sep 27, 2022 | Sep 28, 2022 |
| Issue Close | Sep 30, 2022 | Sep 30, 2022 |
| Basis Of Allotment (Tentative) | Oct 06, 2022 | Oct 06, 2022 |
| Initiation of Refunds (Tentative) | Oct 07, 2022 | Oct 07, 2022 |
| Credit of Share (Tentative) | Oct 10, 2022 | Oct 10, 2022 |
| Listing date (Tentative) | Oct 11, 2022 | Oct 10, 2022 |
Financials & KPIs
QMS Medical IPO P/E ratio is 20.1, as compared to Silicon Rental Solutions IPO P/E ratio of 10.73.
Shares Offered
In the QMS Medical IPO Retail Individual Investors (RII) are offered 22,32,000 shares while in Silicon Rental Solutions IPO retail investors are offered 22,32,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in QMS Medical IPO and in Silicon Rental Solutions IPO.
| | QMS Medical IPO | Silicon Rental Solutions IPO |
|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 2,36,000 shares | 1,36,000 shares |
| QIB | 0 shares | |
| NII | 22,32,000 shares | 12,88,000 shares |
| RII | 22,32,000 shares | 12,88,000 shares |
| Employee | 0 shares | |
| Total | 44,64,000 shares | 25,76,000 shares |
Bids Received (Subscription)
QMS Medical IPO subscribed 0.88x in total, whereas Silicon Rental Solutions IPO subscribed 2.89x.