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Akme Star Housing Finance IPO vs SSPN Finance IPO

Comparison between Akme Star Housing Finance IPO and SSPN Finance IPO.

IPO Details

Akme Star Housing Finance IPO is a SME Fixed Price IPO proposed to list at BSE SME while SSPN Finance IPO is a SME Fixed Price proposed to list at BSE SME.

 Akme Star Housing Finance IPOSSPN Finance IPO
LogoAkme Star Housing Finance IPO LogoSSPN Finance IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersSarthi Capital Advisors Pvt.Ltd.First Overseas Capital Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerChoice Equity Broking Pvt.Ltd.Choice Equity Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Akme Star Housing Finance IPO is up to ₹4.56 Cr whereas the issue size of the SSPN Finance IPO is up to ₹1.42 Cr. The final issue price of Akme Star Housing Finance IPO is ₹30.00 per share and of SSPN Finance IPO is ₹20.00 per share.

 Akme Star Housing Finance IPOSSPN Finance IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹30.00 per share₹20.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size4000 shares6000 shares
Fresh Issue Size15,20,000 shares7,08,000 shares
Fresh Issue Size (Amount)up to ₹4.56 Crup to ₹1.42 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total15,20,000 shares7,08,000 shares
Issue Size Total (Amount)up to ₹4.56 Crup to ₹1.42 Cr

IPO Timetable

Akme Star Housing Finance IPO opens on Feb 25, 2015, while SSPN Finance IPO opens on Mar 10, 2015. The closing date of Akme Star Housing Finance IPO and SSPN Finance IPO is Mar 05, 2015, and Mar 12, 2015, respectively.

 Akme Star Housing Finance IPOSSPN Finance IPO
Anchor Bid Date
Issue OpenFeb 25, 2015Mar 10, 2015
Issue CloseMar 05, 2015Mar 12, 2015
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)Mar 20, 2015Mar 16, 2015
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Akme Star Housing Finance IPO P/E ratio is , as compared to SSPN Finance IPO P/E ratio of .

 Akme Star Housing Finance IPOSSPN Finance IPO
Financials
Promoter Shareholding (Pre-Issue)70
Promoter Shareholding (Post-Issue)51.13
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW3.63%

Shares Offered

In the Akme Star Housing Finance IPO Retail Individual Investors (RII) are offered 7,60,000 shares while in SSPN Finance IPO retail investors are offered 7,60,000 shares. Qualified Institutional Buyers (QIB) are offered in Akme Star Housing Finance IPO and in SSPN Finance IPO.

 Akme Star Housing Finance IPOSSPN Finance IPO
Anchor Investor Reserveration
Market Maker Reserveration80,000 shares42,000 shares
QIB
NII7,60,000 shares3,54,000 shares
RII7,60,000 shares3,54,000 shares
Employee
Others
Total15,20,000 shares7,08,000 shares

Bids Received (Subscription)

Akme Star Housing Finance IPO subscribed in total, whereas SSPN Finance IPO subscribed .

 Akme Star Housing Finance IPOSSPN Finance IPO
QIB (times)
NII (times)
Big NII (times)
Small NII (times)
RII (times)
Employee (times)
Other (times)
Total (times)