Comparison between Shigan Quantum Technologies IPO and SP Refractories IPO.
Shigan Quantum Technologies IPO is a SME Fixed Price IPO proposed to list at NSE SME while SP Refractories IPO is a SME Fixed Price proposed to list at NSE SME.
| Shigan Quantum Technologies IPO | SP Refractories IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Finshore Management Services Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Kfin Technologies Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers 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 Shigan Quantum Technologies IPO is up to ₹21.56 Cr whereas the issue size of the SP Refractories IPO is up to ₹4.67 Cr. The final issue price of Shigan Quantum Technologies IPO is ₹50.00 per share and of SP Refractories IPO is ₹90.00 per share.
| Shigan Quantum Technologies IPO | SP Refractories IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹50.00 per share | ₹90.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1600 shares |
| Fresh Issue Size | 43,11,000 shares | 2,68,800 shares |
| Fresh Issue Size (Amount) | up to ₹21.56 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 | 43,11,000 shares | 5,18,400 shares |
| Issue Size Total (Amount) | up to ₹21.56 Cr | up to ₹4.67 Cr |
Shigan Quantum Technologies IPO opens on Feb 28, 2022, while SP Refractories IPO opens on Mar 09, 2022. The closing date of Shigan Quantum Technologies IPO and SP Refractories IPO is Mar 03, 2022, and Mar 11, 2022, respectively.
| Shigan Quantum Technologies IPO | SP Refractories IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 28, 2022 | Mar 09, 2022 |
| Issue Close | Mar 03, 2022 | Mar 11, 2022 |
| Basis Of Allotment (Tentative) | Mar 08, 2022 | Mar 16, 2022 |
| Initiation of Refunds (Tentative) | Mar 09, 2022 | Mar 17, 2022 |
| Credit of Share (Tentative) | Mar 10, 2022 | Mar 21, 2022 |
| Listing date (Tentative) | Mar 11, 2022 | Mar 22, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Shigan Quantum Technologies IPO P/E ratio is 12.41, as compared to SP Refractories IPO P/E ratio of 9.94.
| Shigan Quantum Technologies IPO | SP Refractories IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 100 | ||||
| Promoter Shareholding (Post-Issue) | 73.63 | 69.42 | ||||
| P/E Ratio | 12.41 | 9.94 | ||||
| Market Cap | ₹86.08 Cr. | ₹16.11 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | 0.09 | 0.81 | ||||
| EPS | ₹2.77 | ₹5.05 | ||||
| RoNW | 20.84 | 16.13 |
In the Shigan Quantum Technologies IPO Retail Individual Investors (RII) are offered 21,57,000 shares while in SP Refractories IPO retail investors are offered 21,57,000 shares. Qualified Institutional Buyers (QIB) are offered in Shigan Quantum Technologies IPO and in SP Refractories IPO.
| Shigan Quantum Technologies IPO | SP Refractories IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,28,000 shares | 28,800 shares |
| QIB | ||
| NII | 21,54,000 shares | 2,59,200 shares |
| RII | 21,57,000 shares | 2,59,200 shares |
| Employee | ||
| Others | ||
| Total | 43,11,000 shares | 5,18,400 shares |
Shigan Quantum Technologies IPO subscribed 17.95x in total, whereas SP Refractories IPO subscribed 7.24x.
| Shigan Quantum Technologies IPO | SP Refractories IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 27.70x | 5.64x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 8.21x | 8.85x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 17.95x | 7.24x |
