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Sonam Clock IPO vs Waa Solar IPO

Comparison between Sonam Clock IPO and Waa Solar IPO.

IPO Details

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

 Sonam Clock IPOWaa Solar IPO
LogoSonam Clock IPO LogoWaa Solar IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersHem Securities Ltd.Oneview Corporate Advisors Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerHem Finlease Pvt.Ltd.Guiness Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Sonam Clock IPO is up to ₹9.59 Cr whereas the issue size of the Waa Solar IPO is up to ₹30.53 Cr. The final issue price of Sonam Clock IPO is ₹36.00 per share and of Waa Solar IPO is ₹161.00 per share.

 Sonam Clock IPOWaa Solar IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹36.00 per share₹161.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares800 shares
Fresh Issue Size26,64,000 shares16,46,000 shares
Fresh Issue Size (Amount)up to ₹9.59 Crup to ₹26.50 Cr
OFS Issue Size0 shares2,50,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹4.03 Cr
Issue Size Total26,64,000 shares18,96,000 shares
Issue Size Total (Amount)up to ₹9.59 Crup to ₹30.53 Cr

IPO Timetable

Sonam Clock IPO opens on Jun 01, 2018, while Waa Solar IPO opens on May 31, 2018. The closing date of Sonam Clock IPO and Waa Solar IPO is Jun 06, 2018, and Jun 04, 2018, respectively.

 Sonam Clock IPOWaa Solar IPO
Anchor Bid Date
Issue OpenJun 01, 2018May 31, 2018
Issue CloseJun 06, 2018Jun 04, 2018
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)Jun 14, 2018Jun 12, 2018
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Sonam Clock IPO P/E ratio is , as compared to Waa Solar IPO P/E ratio of .

 Sonam Clock IPOWaa Solar 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 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
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 20,018.99 19,806.98 21,882.07 18,113.28 15,908.92
Total Revenue 2,607.24 4,689.97 5,426.30 2,900.85 2,773.49
Profit After Tax 427.50 633.98 1,152.70 538.07 828.28
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Sonam Clock IPO Retail Individual Investors (RII) are offered 13,32,000 shares while in Waa Solar IPO retail investors are offered 13,32,000 shares. Qualified Institutional Buyers (QIB) are offered in Sonam Clock IPO and in Waa Solar IPO.

 Sonam Clock IPOWaa Solar IPO
Anchor Investor Reserveration
Market Maker Reserveration1,44,000 shares1,04,000 shares
QIB
NII13,32,000 shares9,48,000 shares
RII13,32,000 shares9,48,000 shares
Employee
Others
Total26,64,000 shares18,96,000 shares

Bids Received (Subscription)

Sonam Clock IPO subscribed 2.42x in total, whereas Waa Solar IPO subscribed 1.85x.

 Sonam Clock IPOWaa Solar IPO
QIB (times)
NII (times)1.04x0.85x
Big NII (times)
Small NII (times)
RII (times)3.80x2.84x
Employee (times)
Other (times)
Total (times)2.42x1.85x