Comparison between Srivasavi Adhesive Tapes IPO and Systango Technologies IPO.
Srivasavi Adhesive Tapes IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Systango Technologies IPO is a SME Bookbuilding proposed to list at NSE SME.
| Srivasavi Adhesive Tapes IPO | Systango Technologies IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Shreni Shares Ltd. | Hem Securities Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Shreni Shares Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Srivasavi Adhesive Tapes IPO is up to ₹14.71 Cr whereas the issue size of the Systango Technologies IPO is up to ₹33.05 Cr. The final issue price of Srivasavi Adhesive Tapes IPO is ₹41.00 per share and of Systango Technologies IPO is ₹90.00 per share.
| Srivasavi Adhesive Tapes IPO | Systango Technologies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹85.00 per share | |
| Issue Price (Upper) | ₹90.00 per share | |
| Issue Price (Final) | ₹41.00 per share | ₹90.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1600 shares |
| Fresh Issue Size | 35,88,000 shares | 36,72,000 shares |
| Fresh Issue Size (Amount) | up to ₹14.71 Cr | up to ₹33.05 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 35,88,000 shares | 36,72,000 shares |
| Issue Size Total (Amount) | up to ₹14.71 Cr | up to ₹33.05 Cr |
Srivasavi Adhesive Tapes IPO opens on Feb 23, 2023, while Systango Technologies IPO opens on Mar 02, 2023. The closing date of Srivasavi Adhesive Tapes IPO and Systango Technologies IPO is Feb 28, 2023, and Mar 06, 2023, respectively.
| Srivasavi Adhesive Tapes IPO | Systango Technologies IPO | |
|---|---|---|
| Anchor Bid Date | Mar 01, 2023 | |
| Issue Open | Feb 23, 2023 | Mar 02, 2023 |
| Issue Close | Feb 28, 2023 | Mar 06, 2023 |
| Basis Of Allotment (Tentative) | Mar 03, 2023 | Mar 10, 2023 |
| Initiation of Refunds (Tentative) | Mar 06, 2023 | Mar 13, 2023 |
| Credit of Share (Tentative) | Mar 08, 2023 | Mar 14, 2023 |
| Listing date (Tentative) | Mar 09, 2023 | Mar 15, 2023 |
| Anchor Lockin End date 1 | Apr 09, 2023 | |
| Anchor Lockin End date 2 | Jun 08, 2023 |
Srivasavi Adhesive Tapes IPO P/E ratio is 16.08, as compared to Systango Technologies IPO P/E ratio of 15.13.
| Srivasavi Adhesive Tapes IPO | Systango Technologies IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.84 | 97.73 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.21 | 71.96 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.08 | 15.13 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹58.11 Cr. | ₹132.02 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 41.99 | 49.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 52.29 | 47.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.58 | 0.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.48 | ₹6.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 34.7 | 39.89 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Srivasavi Adhesive Tapes IPO Retail Individual Investors (RII) are offered 17,94,000 shares while in Systango Technologies IPO retail investors are offered 17,94,000 shares. Qualified Institutional Buyers (QIB) are offered in Srivasavi Adhesive Tapes IPO and 7,34,400 shares in Systango Technologies IPO.
| Srivasavi Adhesive Tapes IPO | Systango Technologies IPO | |
|---|---|---|
| Anchor Investor Reservation | 10,99,200 shares | |
| Market Maker Reservation | 1,92,000 shares | 1,96,800 shares |
| QIB | 7,34,400 shares | |
| NII | 17,94,000 shares | 5,52,000 shares |
| RII | 17,94,000 shares | 12,86,400 shares |
| Employee | ||
| Others | ||
| Total | 35,88,000 shares | 36,72,000 shares |
Srivasavi Adhesive Tapes IPO subscribed 7.75x in total, whereas Systango Technologies IPO subscribed 64.99x.
| Srivasavi Adhesive Tapes IPO | Systango Technologies IPO | |
|---|---|---|
| QIB (times) | 14.10x | |
| NII (times) | 7.12x | 230.36x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 8.38x | 66.59x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 7.75x | 64.99x |
