Comparison between Ekennis Software IPO and SP Refractories IPO.
Ekennis Software IPO is a SME Fixed Price IPO proposed to list at BSE SME while SP Refractories IPO is a SME Fixed Price proposed to list at NSE SME.
| Ekennis Software IPO | SP Refractories IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Shreni Shares Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Shreni Shares Ltd. | Aryaman Capital Markets Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Ekennis Software IPO is up to ₹2.72 Cr whereas the issue size of the SP Refractories IPO is up to ₹4.67 Cr. The final issue price of Ekennis Software IPO is ₹72.00 per share and of SP Refractories IPO is ₹90.00 per share.
| Ekennis Software IPO | SP Refractories IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹72.00 per share | ₹90.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1600 shares |
| Fresh Issue Size | 3,77,600 shares | 2,68,800 shares |
| Fresh Issue Size (Amount) | up to ₹2.72 Cr | up to ₹2.42 Cr |
| OFS Issue Size | 0 shares | 2,49,600 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹2.25 Cr |
| Issue Size Total | 3,77,600 shares | 5,18,400 shares |
| Issue Size Total (Amount) | up to ₹2.72 Cr | up to ₹4.67 Cr |
Ekennis Software IPO opens on Feb 21, 2022, while SP Refractories IPO opens on Mar 09, 2022. The closing date of Ekennis Software IPO and SP Refractories IPO is Feb 24, 2022, and Mar 11, 2022, respectively.
| Ekennis Software IPO | SP Refractories IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 21, 2022 | Mar 09, 2022 |
| Issue Close | Feb 24, 2022 | Mar 11, 2022 |
| Basis Of Allotment (Tentative) | Mar 02, 2022 | Mar 16, 2022 |
| Initiation of Refunds (Tentative) | Mar 03, 2022 | Mar 17, 2022 |
| Credit of Share (Tentative) | Mar 04, 2022 | Mar 21, 2022 |
| Listing date (Tentative) | Mar 07, 2022 | Mar 22, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Ekennis Software IPO P/E ratio is 11.4, as compared to SP Refractories IPO P/E ratio of 9.94.
| Ekennis Software IPO | SP Refractories IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 100 | ||||
| Promoter Shareholding (Post-Issue) | 71.42 | 69.42 | ||||
| P/E Ratio | 11.4 | 9.94 | ||||
| Market Cap | ₹10.08 Cr. | ₹16.11 Cr. | ||||
| ROE | 126.47 | |||||
| ROCE | 173.31 | |||||
| Debt/Equity | 0.11 | 0.81 | ||||
| EPS | ₹189.83 | ₹5.05 | ||||
| RoNW | 77.48 | 16.13 |
In the Ekennis Software IPO Retail Individual Investors (RII) are offered 1,88,800 shares while in SP Refractories IPO retail investors are offered 1,88,800 shares. Qualified Institutional Buyers (QIB) are offered in Ekennis Software IPO and in SP Refractories IPO.
| Ekennis Software IPO | SP Refractories IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 22,400 shares | 28,800 shares |
| QIB | ||
| NII | 1,88,800 shares | 2,59,200 shares |
| RII | 1,88,800 shares | 2,59,200 shares |
| Employee | ||
| Others | ||
| Total | 3,77,600 shares | 5,18,400 shares |
Ekennis Software IPO subscribed 28.00x in total, whereas SP Refractories IPO subscribed 7.24x.
| Ekennis Software IPO | SP Refractories IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 36.99x | 5.64x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 19.00x | 8.85x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 28.00x | 7.24x |
