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.

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 (Final)₹30.00 per share₹36.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
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
Issue OpenMay 25, 2018Jun 01, 2018
Issue CloseJun 04, 2018Jun 06, 2018
Basis Of Allotment (Tentative)Jun 06, 2018Jun 11, 2018
Initiation of Refunds (Tentative)Jun 07, 2018
Credit of Share (Tentative)Jun 07, 2018
Listing date (Tentative)Jun 12, 2018Jun 14, 2018

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

Company Financials (Restated)

Period Ended28 Feb 201831 Mar 201731 Mar 201631 Mar 2015
Assets6.091.630.370.36
Total Income19.755.521.570.98
Profit After Tax0.440.020.01-0.00
NET Worth4.130.340.320.32
Reserves and Surplus2.700.020.010.00
Total Borrowing1.49
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 201731 Mar 201731 Mar 201631 Mar 2015
Assets37.7434.9434.1728.52
Total Income38.6239.0336.8234.06
Profit After Tax2.260.812.680.41
EBITDA5.364.425.333.59
NET Worth11.619.358.545.86
Reserves and Surplus4.413.953.144.06
Total Borrowing18.2918.5917.7417.55
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)96.22%100%
Promoter Shareholding (Post-Issue)57.54%71.94%
Market Cap₹22.15 Cr.₹36.03 Cr.

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 0 shares in Palm Jewels IPO and 0 shares in Sonam Clock IPO.

 Palm Jewels IPOSonam Clock IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,52,000 shares1,44,000 shares
QIB0 shares0 shares
NII14,08,000 shares13,32,000 shares
RII14,08,000 shares13,32,000 shares
Employee0 shares0 shares
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
NII (times)0.82x1.04x
RII (times)1.50x3.80x
Total (times)1.16x2.42x

Compare with others

Compare:

Palm Jewels IPO Vs Sonam Clock IPO