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Innokaiz India IPO vs Spectrum Talent Management IPO

Comparison between Innokaiz India IPO and Spectrum Talent Management IPO.

IPO Details

Innokaiz India IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Spectrum Talent Management IPO is a SME Bookbuilding proposed to list at NSE SME.

 Innokaiz India IPOSpectrum Talent Management IPO
LogoInnokaiz India IPO LogoSpectrum Talent Management IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersGretex Corporate Services Ltd.Sarthi Capital Advisors Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerGretex Share Broking Pvt.Ltd.Rikhav Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Innokaiz India IPO is up to ₹20.11 Cr whereas the issue size of the Spectrum Talent Management IPO is up to ₹99.88 Cr. The final issue price of Innokaiz India IPO is ₹78.00 per share and of Spectrum Talent Management IPO is ₹173.00 per share.

 Innokaiz India IPOSpectrum Talent Management IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹76.00 per share₹169.00 per share
Issue Price (Upper)₹78.00 per share₹173.00 per share
Issue Price (Final)₹78.00 per share₹173.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares800 shares
Fresh Issue Size25,77,600 shares48,81,600 shares
Fresh Issue Size (Amount)up to ₹20.11 Crup to ₹84.45 Cr
OFS Issue Size0 shares8,92,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹15.43 Cr
Issue Size Total25,77,600 shares57,73,600 shares
Issue Size Total (Amount)up to ₹20.11 Crup to ₹99.88 Cr

IPO Timetable

Innokaiz India IPO opens on Apr 28, 2023, while Spectrum Talent Management IPO opens on Jun 09, 2023. The closing date of Innokaiz India IPO and Spectrum Talent Management IPO is May 03, 2023, and Jun 14, 2023, respectively.

 Innokaiz India IPOSpectrum Talent Management IPO
Anchor Bid DateApr 27, 2023
Issue OpenApr 28, 2023Jun 09, 2023
Issue CloseMay 03, 2023Jun 14, 2023
Basis Of Allotment (Tentative)May 08, 2023Jun 19, 2023
Initiation of Refunds (Tentative)May 09, 2023Jun 20, 2023
Credit of Share (Tentative)May 10, 2023Jun 21, 2023
Listing date (Tentative)May 11, 2023Jun 22, 2023
Anchor Lockin End date 1Jun 07, 2023
Anchor Lockin End date 2Aug 06, 2023

Financials & KPIs

Innokaiz India IPO P/E ratio is , as compared to Spectrum Talent Management IPO P/E ratio of 15.

 Innokaiz India IPOSpectrum Talent Management IPO
Financials
Innokaiz India Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-202,568.3813,872.44361.55541.93540.93110.60
31-Mar-213,871.0718,506.21509.151,051.091,050.09103.52
31-Mar-224,972.4728,609.09791.631,842.721,841.72132.17
31-Oct-224,763.1514,883.52610.282,453.001,702.0093.62
Amount in ₹ Lakhs
Spectrum Talent Management Limited Financial Information (Restated Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-204,081.1032,362.37675.961,500.361,025.36422.19
31-Mar-214,630.2030,296.00476.411,976.301,026.3060.72
31-Mar-226,479.2948,372.171,552.712,827.371,972.371,026.88
31-Dec-228,657.6658,415.741,997.464,844.573,053.82255.09
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)98.00100.00
Promoter Shareholding (Post-Issue)71.9972.25
P/E Ratio15
Market Cap
ROE
ROCE
Debt/Equity
EPS₹10.25
RoNW42.99%

Shares Offered

In the Innokaiz India IPO Retail Individual Investors (RII) are offered 9,02,400 shares while in Spectrum Talent Management IPO retail investors are offered 9,02,400 shares. Qualified Institutional Buyers (QIB) are offered 5,15,200 shares in Innokaiz India IPO and 5,76,000 shares in Spectrum Talent Management IPO.

 Innokaiz India IPOSpectrum Talent Management IPO
Anchor Investor Reserveration7,72,800 shares
Market Maker Reserveration1,36,000 shares3,04,000 shares
QIB5,15,200 shares5,76,000 shares
NII3,87,200 shares25,98,400 shares
RII9,02,400 shares25,99,200 shares
Employee
Others
Total25,77,600 shares57,73,600 shares

Bids Received (Subscription)

Innokaiz India IPO subscribed 95.08x in total, whereas Spectrum Talent Management IPO subscribed 12.27x.

 Innokaiz India IPOSpectrum Talent Management IPO
QIB (times)23.93x11.21x
NII (times)303.92x11.68x
Big NII (times)
Small NII (times)
RII (times)46.10x13.10x
Employee (times)
Other (times)
Total (times)95.08x12.27x