Comparison between SP Refractories IPO and Swaraj Suiting IPO.
IPO Details
SP Refractories IPO is a SME Fixed Price IPO proposed to list at NSE SME while Swaraj Suiting IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of SP Refractories IPO is up to ₹4.67 Cr whereas the issue size of the Swaraj Suiting IPO is up to ₹10.15 Cr. The final issue price of SP Refractories IPO is ₹90.00 per share and of Swaraj Suiting IPO is ₹56.00 per share.
| | SP Refractories IPO | Swaraj Suiting IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹90.00 per share | ₹56.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 1600 shares | 2000 shares |
| Fresh Issue Size | 2,68,800 shares | 18,12,000 shares |
| Fresh Issue Size (Amount) | up to ₹2.42 Cr | up to ₹10.15 Cr |
| OFS Issue Size | 2,49,600 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹2.25 Cr | up to ₹0.00 Cr |
| Issue Size Total | 5,18,400 shares | 18,12,000 shares |
| Issue Size Total (Amount) | up to ₹4.67 Cr | up to ₹10.15 Cr |
IPO Timetable
SP Refractories IPO opens on Mar 09, 2022, while Swaraj Suiting IPO opens on Mar 15, 2022. The closing date of SP Refractories IPO and Swaraj Suiting IPO is Mar 11, 2022, and Mar 17, 2022, respectively.
| | SP Refractories IPO | Swaraj Suiting IPO |
|---|
| Issue Open | Mar 09, 2022 | Mar 15, 2022 |
| Issue Close | Mar 11, 2022 | Mar 17, 2022 |
| Basis Of Allotment (Tentative) | Mar 16, 2022 | Mar 23, 2022 |
| Initiation of Refunds (Tentative) | Mar 17, 2022 | Mar 24, 2022 |
| Credit of Share (Tentative) | Mar 21, 2022 | Mar 25, 2022 |
| Listing date (Tentative) | Mar 22, 2022 | Mar 28, 2022 |
Financials & KPIs
SP Refractories IPO P/E ratio is 9.94, as compared to Swaraj Suiting IPO P/E ratio of 10.55.
Shares Offered
In the SP Refractories IPO Retail Individual Investors (RII) are offered 2,59,200 shares while in Swaraj Suiting IPO retail investors are offered 2,59,200 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in SP Refractories IPO and in Swaraj Suiting IPO.
| | SP Refractories IPO | Swaraj Suiting IPO |
|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 28,800 shares | 96,000 shares |
| QIB | 0 shares | |
| NII | 2,59,200 shares | 9,04,000 shares |
| RII | 2,59,200 shares | 9,08,000 shares |
| Employee | 0 shares | |
| Total | 5,18,400 shares | 18,12,000 shares |
Bids Received (Subscription)
SP Refractories IPO subscribed 7.24x in total, whereas Swaraj Suiting IPO subscribed 12.13x.
