S K S Textiles IPO vs Solex Energy IPO

Comparison between S K S Textiles IPO and Solex Energy IPO.

IPO Details

S K S Textiles IPO is a SME Fixed Price IPO proposed to list at NSE 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 S K S Textiles IPO is up to ₹12.60 Cr whereas the issue size of the Solex Energy IPO is up to ₹6.80 Cr. The final issue price of S K S Textiles IPO is ₹150.00 per share and of Solex Energy IPO is ₹52.00 per share.

 S K S Textiles IPOSolex Energy IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹150.00 per share₹52.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1000 shares2000 shares
Fresh Issue Size3,90,000 shares13,08,000 shares
Fresh Issue Size (Amount)up to ₹5.85 Crup to ₹6.80 Cr
OFS Issue Size4,50,000 shares0 shares
OFS Issue Size (Amount)up to ₹6.75 Crup to ₹0.00 Cr
Issue Size Total8,40,000 shares13,08,000 shares
Issue Size Total (Amount)up to ₹12.60 Crup to ₹6.80 Cr

IPO Timetable

S K S Textiles IPO opens on Jan 09, 2018, while Solex Energy IPO opens on Jan 22, 2018. The closing date of S K S Textiles IPO and Solex Energy IPO is Jan 11, 2018, and Jan 25, 2018, respectively.

 S K S Textiles IPOSolex Energy IPO
Issue OpenJan 09, 2018Jan 22, 2018
Issue CloseJan 11, 2018Jan 25, 2018
Basis Of Allotment (Tentative)Jan 17, 2018Jan 31, 2018
Listing date (Tentative)Jan 19, 2018Feb 05, 2018

Financials & KPIs

S K S Textiles IPO P/E ratio is , as compared to Solex Energy IPO P/E ratio of .

 S K S Textiles IPOSolex Energy IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets117.96101.61104.5384.81
Total Income75.16158.75147.82131.76
Profit After Tax1.121.611.451.09
NET Worth30.5529.4827.9726.62
Reserves and Surplus27.7328.4526.9425.59
Total Borrowing36.3234.5333.3430.93
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)100.00%97.73%
Promoter Shareholding (Post-Issue)72.76%70.43%
Market Cap₹48.89 Cr.₹25.69 Cr.

Shares Offered

In the S K S Textiles IPO Retail Individual Investors (RII) are offered 4,20,000 shares while in Solex Energy IPO retail investors are offered 4,20,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in S K S Textiles IPO and 0 shares in Solex Energy IPO.

 S K S Textiles IPOSolex Energy IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation48,000 shares72,000 shares
QIB0 shares0 shares
NII4,20,000 shares6,54,000 shares
RII4,20,000 shares6,54,000 shares
Employee0 shares0 shares
Total8,40,000 shares13,08,000 shares

Bids Received (Subscription)

S K S Textiles IPO subscribed 14.80x in total, whereas Solex Energy IPO subscribed 20.16x.

 S K S Textiles IPOSolex Energy IPO
NII (times)6.90x15.40x
RII (times)22.70x24.91x
Total (times)14.80x20.16x

Compare with others

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S K S Textiles IPO Vs Solex Energy IPO