Ekennis Software IPO vs SP Refractories IPO

Comparison between Ekennis Software IPO and SP Refractories IPO.

IPO Details

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.

Issue Size and Price

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 IPOSP Refractories IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹72.00 per share₹90.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1600 shares1600 shares
Fresh Issue Size3,77,600 shares2,68,800 shares
Fresh Issue Size (Amount)up to ₹2.72 Crup to ₹2.42 Cr
OFS Issue Size0 shares2,49,600 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹2.25 Cr
Issue Size Total3,77,600 shares5,18,400 shares
Issue Size Total (Amount)up to ₹2.72 Crup to ₹4.67 Cr

IPO Timetable

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 IPOSP Refractories IPO
Issue OpenFeb 21, 2022Mar 09, 2022
Issue CloseFeb 24, 2022Mar 11, 2022
Basis Of Allotment (Tentative)Mar 02, 2022Mar 16, 2022
Initiation of Refunds (Tentative)Mar 03, 2022Mar 17, 2022
Credit of Share (Tentative)Mar 04, 2022Mar 21, 2022
Listing date (Tentative)Mar 07, 2022Mar 22, 2022

Financials & KPIs

Ekennis Software IPO P/E ratio is 11.4, as compared to SP Refractories IPO P/E ratio of 9.94.

 Ekennis Software IPOSP Refractories IPO
Financials

Company Financials (Restated)

Period Ended15 Jan 202231 Mar 202131 Mar 2020
Assets3.012.621.64
Total Income3.674.694.86
Profit After Tax0.700.950.23
EBITDA1.071.360.33
NET Worth1.931.230.28
Reserves and Surplus1.881.180.23
Total Borrowing0.040.130.37
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202131 Mar 202131 Mar 202031 Mar 2019
Assets12.3210.578.987.92
Total Income14.4825.7221.0018.56
Profit After Tax0.810.750.400.21
EBITDA1.341.491.220.90
NET Worth5.484.673.923.52
Reserves and Surplus3.993.183.423.02
Total Borrowing3.953.794.133.75
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)71.42%69.42%
P/E Ratio11.49.94
Market Cap₹10.08 Cr.₹16.11 Cr.
ROE126.47
ROCE173.31
Debt/Equity0.110.81
EPS₹189.83₹5.05
RoNW77.4816.13

Shares Offered

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 0 shares in SP Refractories IPO.

 Ekennis Software IPOSP Refractories IPO
Anchor Investor Reservation0 shares
Market Maker Reservation22,400 shares28,800 shares
QIB0 shares
NII1,88,800 shares2,59,200 shares
RII1,88,800 shares2,59,200 shares
Employee0 shares
Total3,77,600 shares5,18,400 shares

Bids Received (Subscription)

Ekennis Software IPO subscribed 28.00x in total, whereas SP Refractories IPO subscribed 7.24x.

 Ekennis Software IPOSP Refractories IPO
NII (times)36.99x5.64x
RII (times)19.00x8.85x
Total (times)28.00x7.24x

Compare with others

Compare:

Ekennis Software IPO Vs SP Refractories IPO