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Palm Jewels IPO vs Sonam Clock IPO

Comparison between Palm Jewels IPO and Sonam Clock IPO.

IPO Details

Palm Jewels IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sonam Clock IPO is a SME Fixed Price proposed to list at NSE SME.

 Palm Jewels IPOSonam Clock IPO
LogoPalm Jewels IPO LogoSonam Clock IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersFirst Overseas Capital Ltd.Hem Securities Ltd.
RegistrarKfin Technologies Ltd.Bigshare Services Pvt.Ltd.
Market MakerBeeline Broking Ltd.Hem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Palm Jewels IPO is up to ₹8.45 Cr whereas the issue size of the Sonam Clock IPO is up to ₹9.59 Cr. The final issue price of Palm Jewels IPO is ₹30.00 per share and of Sonam Clock IPO is ₹36.00 per share.

 Palm Jewels IPOSonam Clock IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹30.00 per share₹36.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size4000 shares3000 shares
Fresh Issue Size28,16,000 shares26,64,000 shares
Fresh Issue Size (Amount)up to ₹8.45 Crup to ₹9.59 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total28,16,000 shares26,64,000 shares
Issue Size Total (Amount)up to ₹8.45 Crup to ₹9.59 Cr

IPO Timetable

Palm Jewels IPO opens on May 25, 2018, while Sonam Clock IPO opens on Jun 01, 2018. The closing date of Palm Jewels IPO and Sonam Clock IPO is Jun 04, 2018, and Jun 06, 2018, respectively.

 Palm Jewels IPOSonam Clock IPO
Anchor Bid Date
Issue OpenMay 25, 2018Jun 01, 2018
Issue CloseJun 04, 2018Jun 06, 2018
Basis Of Allotment (Tentative)Jun 06, 2018
Initiation of Refunds (Tentative)Jun 07, 2018
Credit of Share (Tentative)Jun 07, 2018
Listing date (Tentative)Jun 12, 2018Jun 14, 2018
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Palm Jewels IPO P/E ratio is , as compared to Sonam Clock IPO P/E ratio of .

 Palm Jewels IPOSonam Clock IPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 163.08 36.62 35.93 34.87 33.54
Total Revenue 552.38 157.48 97.91 41.63 118.89
Profit After Tax 1.54 0.53 (0.35) 0.19 0.14
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 3,493.92 3,416.94 2,852.49 3,007.50 2,713.59
Total Revenue 3,903.16 3,682.35 3,405.67 3,355.35 3,371.47
Profit After Tax 80.70 268.11 40.99 57.52 45.53
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Palm Jewels IPO Retail Individual Investors (RII) are offered 14,08,000 shares while in Sonam Clock IPO retail investors are offered 14,08,000 shares. Qualified Institutional Buyers (QIB) are offered in Palm Jewels IPO and in Sonam Clock IPO.

 Palm Jewels IPOSonam Clock IPO
Anchor Investor Reserveration
Market Maker Reserveration1,52,000 shares1,44,000 shares
QIB
NII14,08,000 shares13,32,000 shares
RII14,08,000 shares13,32,000 shares
Employee
Others
Total28,16,000 shares26,64,000 shares

Bids Received (Subscription)

Palm Jewels IPO subscribed 1.16x in total, whereas Sonam Clock IPO subscribed 2.42x.

 Palm Jewels IPOSonam Clock IPO
QIB (times)
NII (times)0.82x1.04x
Big NII (times)
Small NII (times)
RII (times)1.50x3.80x
Employee (times)
Other (times)
Total (times)1.16x2.42x