Comparison between Sirca Paints IPO and SoftTech Engineers IPO.
Sirca Paints IPO is a SME Bookbuilding IPO proposed to list at NSE SME while SoftTech Engineers IPO is a SME Bookbuilding proposed to list at NSE SME.
| Sirca Paints IPO | SoftTech Engineers IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Navigant Corporate Advisors Ltd. | Small Industries Development Bank of India Pantomath Capital Advisors Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Bhaijee Portfolio Pvt.Ltd. | Pantomath Stock Brokers Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Sirca Paints IPO is up to ₹74.01 Cr whereas the issue size of the SoftTech Engineers IPO is up to ₹21.66 Cr. The final issue price of Sirca Paints IPO is ₹160.00 per share and of SoftTech Engineers IPO is ₹80.00 per share.
| Sirca Paints IPO | SoftTech Engineers IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹151.00 per share | ₹78.00 per share |
| Issue Price (Upper) | ₹160.00 per share | ₹80.00 per share |
| Issue Price (Final) | ₹160.00 per share | ₹80.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 800 shares | 1600 shares |
| Fresh Issue Size | 46,25,600 shares | 22,27,200 shares |
| Fresh Issue Size (Amount) | up to ₹74.01 Cr | up to ₹17.82 Cr |
| OFS Issue Size | 0 shares | 4,80,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹3.84 Cr |
| Issue Size Total | 46,25,600 shares | 27,07,200 shares |
| Issue Size Total (Amount) | up to ₹74.01 Cr | up to ₹21.66 Cr |
Sirca Paints IPO opens on May 16, 2018, while SoftTech Engineers IPO opens on Apr 27, 2018. The closing date of Sirca Paints IPO and SoftTech Engineers IPO is May 22, 2018, and May 03, 2018, respectively.
| Sirca Paints IPO | SoftTech Engineers IPO | |
|---|---|---|
| Anchor Bid Date | May 15, 2018 | |
| Issue Open | May 16, 2018 | Apr 27, 2018 |
| Issue Close | May 22, 2018 | May 03, 2018 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | May 30, 2018 | May 11, 2018 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Sirca Paints IPO P/E ratio is , as compared to SoftTech Engineers IPO P/E ratio of .
| Sirca Paints IPO | SoftTech Engineers IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹292.31 Cr. | ₹75.38 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Sirca Paints IPO Retail Individual Investors (RII) are offered 16,28,000 shares while in SoftTech Engineers IPO retail investors are offered 16,28,000 shares. Qualified Institutional Buyers (QIB) are offered 9,28,000 shares in Sirca Paints IPO and 13,52,000 shares in SoftTech Engineers IPO.
| Sirca Paints IPO | SoftTech Engineers IPO | |
|---|---|---|
| Anchor Investor Reservation | 13,70,400 shares | |
| Market Maker Reservation | 2,44,000 shares | 1,44,000 shares |
| QIB | 9,28,000 shares | 13,52,000 shares |
| NII | 6,99,200 shares | 4,06,400 shares |
| RII | 16,28,000 shares | 9,48,800 shares |
| Employee | ||
| Others | ||
| Total | 46,25,600 shares | 27,07,200 shares |
Sirca Paints IPO subscribed 8.32x in total, whereas SoftTech Engineers IPO subscribed 30.82x.
| Sirca Paints IPO | SoftTech Engineers IPO | |
|---|---|---|
| QIB (times) | 1.25x | 1.48x |
| NII (times) | 32.05x | 103.96x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 9.16x | 41.28x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 8.32x | 30.82x |
