Comparison between Innovators Facade Systems IPO and Sirca Paints IPO.
Innovators Facade Systems IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Sirca Paints IPO is a SME Bookbuilding proposed to list at NSE SME.
| Innovators Facade Systems IPO | Sirca Paints IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Pantomath Capital Advisors Pvt.Ltd. | Navigant Corporate Advisors Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Bhaijee Portfolio Pvt.Ltd. | |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Innovators Facade Systems IPO is up to ₹38.68 Cr whereas the issue size of the Sirca Paints IPO is up to ₹74.01 Cr. The final issue price of Innovators Facade Systems IPO is ₹72.00 per share and of Sirca Paints IPO is ₹160.00 per share.
| Innovators Facade Systems IPO | Sirca Paints IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹71.00 per share | ₹151.00 per share |
| Issue Price (Upper) | ₹72.00 per share | ₹160.00 per share |
| Issue Price (Final) | ₹72.00 per share | ₹160.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 800 shares |
| Fresh Issue Size | 53,72,800 shares | 46,25,600 shares |
| Fresh Issue Size (Amount) | up to ₹38.68 Cr | up to ₹74.01 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 | 53,72,800 shares | 46,25,600 shares |
| Issue Size Total (Amount) | up to ₹38.68 Cr | up to ₹74.01 Cr |
Innovators Facade Systems IPO opens on May 14, 2018, while Sirca Paints IPO opens on May 16, 2018. The closing date of Innovators Facade Systems IPO and Sirca Paints IPO is May 16, 2018, and May 22, 2018, respectively.
| Innovators Facade Systems IPO | Sirca Paints IPO | |
|---|---|---|
| Anchor Bid Date | May 11, 2018 | May 15, 2018 |
| Issue Open | May 14, 2018 | May 16, 2018 |
| Issue Close | May 16, 2018 | May 22, 2018 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | May 24, 2018 | May 30, 2018 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Innovators Facade Systems IPO P/E ratio is , as compared to Sirca Paints IPO P/E ratio of .
| Innovators Facade Systems IPO | Sirca Paints IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹135.85 Cr. | ₹292.31 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Innovators Facade Systems IPO Retail Individual Investors (RII) are offered 18,81,600 shares while in Sirca Paints IPO retail investors are offered 18,81,600 shares. Qualified Institutional Buyers (QIB) are offered 10,75,200 shares in Innovators Facade Systems IPO and 9,28,000 shares in Sirca Paints IPO.
| Innovators Facade Systems IPO | Sirca Paints IPO | |
|---|---|---|
| Anchor Investor Reservation | 16,09,600 shares | 13,70,400 shares |
| Market Maker Reservation | 2,88,000 shares | 2,44,000 shares |
| QIB | 10,75,200 shares | 9,28,000 shares |
| NII | 8,06,400 shares | 6,99,200 shares |
| RII | 18,81,600 shares | 16,28,000 shares |
| Employee | ||
| Others | ||
| Total | 53,72,800 shares | 46,25,600 shares |
Innovators Facade Systems IPO subscribed 23.45x in total, whereas Sirca Paints IPO subscribed 8.32x.
| Innovators Facade Systems IPO | Sirca Paints IPO | |
|---|---|---|
| QIB (times) | 12.15x | 1.25x |
| NII (times) | 93.89x | 32.05x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 19.78x | 9.16x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 23.45x | 8.32x |
