CRP Risk Management IPO vs Solex Energy IPO

Comparison between CRP Risk Management IPO and Solex Energy IPO.

IPO Details

CRP Risk Management IPO is a SME Fixed Price IPO proposed to list at BSE SME while Solex Energy IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of CRP Risk Management IPO is up to ₹29.21 Cr whereas the issue size of the Solex Energy IPO is up to ₹6.80 Cr. The final issue price of CRP Risk Management IPO is ₹60.00 per share and of Solex Energy IPO is ₹52.00 per share.

 CRP Risk Management IPOSolex Energy IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹60.00 per share₹52.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares2000 shares
Fresh Issue Size37,32,000 shares13,08,000 shares
Fresh Issue Size (Amount)up to ₹22.39 Crup to ₹6.80 Cr
OFS Issue Size11,36,000 shares0 shares
OFS Issue Size (Amount)up to ₹6.82 Crup to ₹0.00 Cr
Issue Size Total48,68,000 shares13,08,000 shares
Issue Size Total (Amount)up to ₹29.21 Crup to ₹6.80 Cr

IPO Timetable

CRP Risk Management IPO opens on Jan 18, 2018, while Solex Energy IPO opens on Jan 22, 2018. The closing date of CRP Risk Management IPO and Solex Energy IPO is Jan 22, 2018, and Jan 25, 2018, respectively.

 CRP Risk Management IPOSolex Energy IPO
Issue OpenJan 18, 2018Jan 22, 2018
Issue CloseJan 22, 2018Jan 25, 2018
Basis Of Allotment (Tentative)Jan 25, 2018Jan 31, 2018
Listing date (Tentative)Jan 31, 2018Feb 05, 2018

Financials & KPIs

CRP Risk Management IPO P/E ratio is , as compared to Solex Energy IPO P/E ratio of .

 CRP Risk Management IPOSolex Energy IPO
Financials

Company Financials (Restated)

Period Ended31 Jul 201731 Mar 201731 Mar 201631 Mar 2015
Assets61.4159.3663.7463.80
Total Income24.5982.1174.7192.31
Profit After Tax1.645.051.784.21
NET Worth31.0229.3824.1322.23
Reserves and Surplus18.0222.8817.8216.05
Total Borrowing16.6316.9121.9024.48
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Jul 201731 Mar 201731 Mar 201631 Mar 2015
Assets21.9824.9614.788.59
Total Income6.3534.5046.626.37
Profit After Tax0.310.920.390.10
NET Worth3.933.621.980.92
Reserves and Surplus1.711.400.480.10
Total Borrowing2.540.853.533.66
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)86.07%97.73%
Promoter Shareholding (Post-Issue)66.38%70.43%
Market Cap₹104.91 Cr.₹25.69 Cr.

Shares Offered

In the CRP Risk Management IPO Retail Individual Investors (RII) are offered 24,34,000 shares while in Solex Energy IPO retail investors are offered 24,34,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in CRP Risk Management IPO and 0 shares in Solex Energy IPO.

 CRP Risk Management IPOSolex Energy IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,68,000 shares72,000 shares
QIB0 shares0 shares
NII24,34,000 shares6,54,000 shares
RII24,34,000 shares6,54,000 shares
Employee0 shares0 shares
Total48,68,000 shares13,08,000 shares

Bids Received (Subscription)

CRP Risk Management IPO subscribed 2.27x in total, whereas Solex Energy IPO subscribed 20.16x.

 CRP Risk Management IPOSolex Energy IPO
NII (times)0.67x15.40x
RII (times)3.87x24.91x
Total (times)2.27x20.16x

Compare with others

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CRP Risk Management IPO Vs Solex Energy IPO