Comparison between Sodhani Academy of Fintech IPO and SPP Polymer IPO.
Sodhani Academy of Fintech IPO is a SME Fixed Price IPO proposed to list at BSE SME while SPP Polymer IPO is a SME Fixed Price proposed to list at NSE SME.
| Sodhani Academy of Fintech IPO | SPP Polymer IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Srujan Alpha Capital Advisors LLP | Interactive Financial Services Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Kfin Technologies Ltd. |
| Market Maker | Prabhat Financial Services Ltd. | B.N.Rathi Securities 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 Sodhani Academy of Fintech IPO is up to ₹5.81 Cr whereas the issue size of the SPP Polymer IPO is up to ₹23.25 Cr. The final issue price of Sodhani Academy of Fintech IPO is ₹40.00 per share and of SPP Polymer IPO is ₹59.00 per share.
| Sodhani Academy of Fintech IPO | SPP Polymer IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹40.00 per share | ₹59.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 2000 shares |
| Fresh Issue Size | 8,92,000 shares | 39,40,000 shares |
| Fresh Issue Size (Amount) | up to ₹3.57 Cr | up to ₹23.25 Cr |
| OFS Issue Size | 5,60,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹2.24 Cr | up to ₹0.00 Cr |
| Issue Size Total | 14,52,000 shares | 39,40,000 shares |
| Issue Size Total (Amount) | up to ₹5.81 Cr | up to ₹23.25 Cr |
Sodhani Academy of Fintech IPO opens on Sep 12, 2024, while SPP Polymer IPO opens on Sep 10, 2024. The closing date of Sodhani Academy of Fintech IPO and SPP Polymer IPO is Sep 17, 2024, and Sep 12, 2024, respectively.
| Sodhani Academy of Fintech IPO | SPP Polymer IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 12, 2024 | Sep 10, 2024 |
| Issue Close | Sep 17, 2024 | Sep 12, 2024 |
| Basis Of Allotment (Tentative) | Sep 18, 2024 | Sep 13, 2024 |
| Initiation of Refunds (Tentative) | Sep 19, 2024 | Sep 16, 2024 |
| Credit of Share (Tentative) | Sep 19, 2024 | Sep 16, 2024 |
| Listing date (Tentative) | Sep 23, 2024 | Sep 17, 2024 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Sodhani Academy of Fintech IPO P/E ratio is 10.32, as compared to SPP Polymer IPO P/E ratio of 66.72.
| Sodhani Academy of Fintech IPO | SPP Polymer IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 94.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.12 | 69.37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 10.32 | 66.72 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹22.78 Cr. | ₹90.81 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 27.91 | 8.01 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 36.77 | 4.27 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.71 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.88 | ₹0.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 27.91 | 3.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Sodhani Academy of Fintech IPO Retail Individual Investors (RII) are offered 7,26,000 shares while in SPP Polymer IPO retail investors are offered 7,26,000 shares. Qualified Institutional Buyers (QIB) are offered in Sodhani Academy of Fintech IPO and in SPP Polymer IPO.
| Sodhani Academy of Fintech IPO | SPP Polymer IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 78,000 shares | 2,10,000 shares |
| QIB | ||
| NII | 7,26,000 shares | 19,70,000 shares |
| RII | 7,26,000 shares | 19,70,000 shares |
| Employee | ||
| Others | ||
| Total | 14,52,000 shares | 39,40,000 shares |
Sodhani Academy of Fintech IPO subscribed 434.91x in total, whereas SPP Polymer IPO subscribed 41.11x.
| Sodhani Academy of Fintech IPO | SPP Polymer IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 511.34x | 22.35x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 358.47x | 59.87x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 434.91x | 41.11x |
