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.
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.
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.
Financials & KPIs
Spectrum Electrical IPO P/E ratio is , as compared to Synergy Green Industries IPO P/E ratio of .
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 0 shares in Spectrum Electrical IPO and 0 shares in Synergy Green Industries IPO.
| | Spectrum Electrical IPO | Synergy Green Industries IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 2,00,000 shares | 1,92,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 18,90,000 shares | 17,94,000 shares |
| RII | 18,90,000 shares | 17,94,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 37,80,000 shares | 35,88,000 shares |
Bids Received (Subscription)
Spectrum Electrical IPO subscribed 1.27x in total, whereas Synergy Green Industries IPO subscribed 1.13x.