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Spectrum Electrical IPO vs Synergy Green Industries IPO

Comparison between Spectrum Electrical IPO and Synergy Green Industries IPO.

IPO Details

Spectrum Electrical IPO is a SME Fixed Price IPO proposed to list at NSE SME while Synergy Green Industries IPO is a SME Fixed Price proposed to list at BSE SME.

 Spectrum Electrical IPOSynergy Green Industries IPO
LogoSpectrum Electrical IPO LogoSynergy Green Industries IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersArihant Capital Markets Ltd.Swastika Investmart Ltd.
RegistrarBigshare Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerArihant Capital Markets Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Spectrum Electrical IPO is up to ₹24.57 Cr whereas the issue size of the Synergy Green Industries IPO is up to ₹25.12 Cr. The final issue price of Spectrum Electrical IPO is ₹65.00 per share and of Synergy Green Industries IPO is ₹70.00 per share.

 Spectrum Electrical IPOSynergy Green Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹65.00 per share₹70.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares2000 shares
Fresh Issue Size37,80,000 shares35,88,000 shares
Fresh Issue Size (Amount)up to ₹24.57 Crup to ₹25.12 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total37,80,000 shares35,88,000 shares
Issue Size Total (Amount)up to ₹24.57 Crup to ₹25.12 Cr

IPO Timetable

Spectrum Electrical IPO opens on Sep 17, 2018, while Synergy Green Industries IPO opens on Sep 04, 2018. The closing date of Spectrum Electrical IPO and Synergy Green Industries IPO is Sep 21, 2018, and Sep 11, 2018, respectively.

 Spectrum Electrical IPOSynergy Green Industries IPO
Anchor Bid Date
Issue OpenSep 17, 2018Sep 04, 2018
Issue CloseSep 21, 2018Sep 11, 2018
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)Oct 01, 2018Sep 21, 2018
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Spectrum Electrical IPO P/E ratio is , as compared to Synergy Green Industries IPO P/E ratio of .

 Spectrum Electrical IPOSynergy Green Industries IPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 10,763.34 2,506.00 1,491.32 490.27 89.93
Total Revenue 11,983.24 659.77 215.88 13.90 --
Profit After Tax 590.32 53.27 30.03 1.73 (5.39)
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Dec-17 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 10,726.23 9,178.72 8,253.32 6,885.80 6,514.79 5,959.28
Total Revenue 6,640.60 12,067.19 8,259.66 6,384.93 3,723.83 954.44
Profit After Tax 214.81 485.96 155.21 (685.06) (901.51) (905.28)
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Spectrum Electrical IPO Retail Individual Investors (RII) are offered 18,90,000 shares while in Synergy Green Industries IPO retail investors are offered 18,90,000 shares. Qualified Institutional Buyers (QIB) are offered in Spectrum Electrical IPO and in Synergy Green Industries IPO.

 Spectrum Electrical IPOSynergy Green Industries IPO
Anchor Investor Reserveration
Market Maker Reserveration2,00,000 shares1,92,000 shares
QIB
NII18,90,000 shares17,94,000 shares
RII18,90,000 shares17,94,000 shares
Employee
Others
Total37,80,000 shares35,88,000 shares

Bids Received (Subscription)

Spectrum Electrical IPO subscribed 1.27x in total, whereas Synergy Green Industries IPO subscribed 1.13x.

 Spectrum Electrical IPOSynergy Green Industries IPO
QIB (times)
NII (times)1.99x1.00x
Big NII (times)
Small NII (times)
RII (times)0.56x0.36x
Employee (times)
Other (times)
Total (times)1.27x1.13x