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ITCONS E-Solutions IPO vs Srivasavi Adhesive Tapes IPO

Comparison between ITCONS E-Solutions IPO and Srivasavi Adhesive Tapes IPO.

IPO Details

ITCONS E-Solutions IPO is a SME Fixed Price IPO proposed to list at BSE SME while Srivasavi Adhesive Tapes IPO is a SME Fixed Price proposed to list at NSE SME.

 ITCONS E-Solutions IPOSrivasavi Adhesive Tapes IPO
LogoITCONS E-Solutions IPO LogoSrivasavi Adhesive Tapes IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersFinshore Management Services Ltd.Shreni Shares Ltd.
RegistrarCameo Corporate Services Ltd.Bigshare Services Pvt.Ltd.
Market MakerNikunj Stock Brokers Ltd.Shreni Shares Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of ITCONS E-Solutions IPO is up to ₹8.23 Cr whereas the issue size of the Srivasavi Adhesive Tapes IPO is up to ₹14.71 Cr. The final issue price of ITCONS E-Solutions IPO is ₹51.00 per share and of Srivasavi Adhesive Tapes IPO is ₹41.00 per share.

 ITCONS E-Solutions IPOSrivasavi Adhesive Tapes IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹51.00 per share₹41.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares3000 shares
Fresh Issue Size16,14,000 shares35,88,000 shares
Fresh Issue Size (Amount)up to ₹8.23 Crup to ₹14.71 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total16,14,000 shares35,88,000 shares
Issue Size Total (Amount)up to ₹8.23 Crup to ₹14.71 Cr

IPO Timetable

ITCONS E-Solutions IPO opens on Feb 28, 2023, while Srivasavi Adhesive Tapes IPO opens on Feb 23, 2023. The closing date of ITCONS E-Solutions IPO and Srivasavi Adhesive Tapes IPO is Mar 02, 2023, and Feb 28, 2023, respectively.

 ITCONS E-Solutions IPOSrivasavi Adhesive Tapes IPO
Anchor Bid Date
Issue OpenFeb 28, 2023Feb 23, 2023
Issue CloseMar 02, 2023Feb 28, 2023
Basis Of Allotment (Tentative)Mar 08, 2023Mar 03, 2023
Initiation of Refunds (Tentative)Mar 09, 2023Mar 06, 2023
Credit of Share (Tentative)Mar 10, 2023Mar 08, 2023
Listing date (Tentative)Mar 13, 2023Mar 09, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

ITCONS E-Solutions IPO P/E ratio is 12.09, as compared to Srivasavi Adhesive Tapes IPO P/E ratio of 16.08.

 ITCONS E-Solutions IPOSrivasavi Adhesive Tapes IPO
Financials
ITCONS E-Solutions Limited Financial Information (Restated Standalone)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-20351.17834.9510.5796.7895.64145.06
31-Mar-21341.21842.487.53104.31103.17136.33
31-Mar-22470.711,820.36119.11223.42222.28106.23
30-Sep-22792.371,605.05106.12462.23129.36176.70
Amount in ₹ Lakhs
Srivasavi Adhesive Tapes Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-202,038.864,634.50101.13494.07369.34572.93
31-Mar-212,263.665,566.61187.34681.41556.68395.02
31-Mar-222,763.356,392.19362.121,043.53918.80607.08
30-Sep-223,051.983,072.61180.731,224.25184.84600.06
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)89.6799.84
Promoter Shareholding (Post-Issue)59.3673.21
P/E Ratio12.0916.08
Market Cap₹25.65 Cr.₹58.11 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the ITCONS E-Solutions IPO Retail Individual Investors (RII) are offered 8,08,000 shares while in Srivasavi Adhesive Tapes IPO retail investors are offered 8,08,000 shares. Qualified Institutional Buyers (QIB) are offered in ITCONS E-Solutions IPO and in Srivasavi Adhesive Tapes IPO.

 ITCONS E-Solutions IPOSrivasavi Adhesive Tapes IPO
Anchor Investor Reserveration
Market Maker Reserveration86,000 shares1,92,000 shares
QIB
NII8,06,000 shares17,94,000 shares
RII8,08,000 shares17,94,000 shares
Employee
Others
Total16,14,000 shares35,88,000 shares

Bids Received (Subscription)

ITCONS E-Solutions IPO subscribed 16.79x in total, whereas Srivasavi Adhesive Tapes IPO subscribed 7.75x.

 ITCONS E-Solutions IPOSrivasavi Adhesive Tapes IPO
QIB (times)
NII (times)16.12x7.12x
Big NII (times)
Small NII (times)
RII (times)17.45x8.38x
Employee (times)
Other (times)
Total (times)16.79x7.75x