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.
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 IPO | Sonam Clock IPO |
|---|
| Issue Open | May 25, 2018 | Jun 01, 2018 |
| Issue Close | Jun 04, 2018 | Jun 06, 2018 |
| Basis Of Allotment (Tentative) | Jun 06, 2018 | Jun 11, 2018 |
| Initiation of Refunds (Tentative) | Jun 07, 2018 | |
| Credit of Share (Tentative) | Jun 07, 2018 | |
| Listing date (Tentative) | Jun 12, 2018 | Jun 14, 2018 |
Financials & KPIs
Palm Jewels IPO P/E ratio is , as compared to Sonam Clock IPO P/E ratio of .
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 IPO | Sonam Clock IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,52,000 shares | 1,44,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 14,08,000 shares | 13,32,000 shares |
| RII | 14,08,000 shares | 13,32,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 28,16,000 shares | 26,64,000 shares |
Bids Received (Subscription)
Palm Jewels IPO subscribed 1.16x in total, whereas Sonam Clock IPO subscribed 2.42x.
