Comparison between Nanavati Ventures IPO and Sonu Infratech IPO.
IPO Details
Nanavati Ventures IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sonu Infratech IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Nanavati Ventures IPO is up to ₹2.07 Cr whereas the issue size of the Sonu Infratech IPO is up to ₹8.21 Cr. The final issue price of Nanavati Ventures IPO is ₹50.00 per share and of Sonu Infratech IPO is ₹36.00 per share.
IPO Timetable
Nanavati Ventures IPO opens on Apr 25, 2022, while Sonu Infratech IPO opens on Apr 29, 2022. The closing date of Nanavati Ventures IPO and Sonu Infratech IPO is Apr 27, 2022, and May 05, 2022, respectively.
| | Nanavati Ventures IPO | Sonu Infratech IPO |
|---|
| Issue Open | Apr 25, 2022 | Apr 29, 2022 |
| Issue Close | Apr 27, 2022 | May 05, 2022 |
| Basis Of Allotment (Tentative) | May 02, 2022 | May 10, 2022 |
| Initiation of Refunds (Tentative) | May 04, 2022 | May 11, 2022 |
| Credit of Share (Tentative) | May 05, 2022 | May 12, 2022 |
| Listing date (Tentative) | May 06, 2022 | May 13, 2022 |
Financials & KPIs
Nanavati Ventures IPO P/E ratio is 61.73, as compared to Sonu Infratech IPO P/E ratio of 15.79.
Shares Offered
In the Nanavati Ventures IPO Retail Individual Investors (RII) are offered 2,06,000 shares while in Sonu Infratech IPO retail investors are offered 2,06,000 shares. Qualified Institutional Buyers (QIB) are offered in Nanavati Ventures IPO and in Sonu Infratech IPO.
| | Nanavati Ventures IPO | Sonu Infratech IPO |
|---|
| Market Maker Reservation | 24,000 shares | 1,20,000 shares |
| NII | 2,06,000 shares | 11,40,000 shares |
| RII | 2,06,000 shares | 11,40,000 shares |
| Total | 4,12,000 shares | 22,80,000 shares |
Bids Received (Subscription)
Nanavati Ventures IPO subscribed 32.52x in total, whereas Sonu Infratech IPO subscribed 16.52x.