Comparison between Nitiraj Engineers IPO and Steel City Securities IPO.
Nitiraj Engineers IPO is a SME Fixed Price IPO proposed to list at NSE SME while Steel City Securities IPO is a SME Fixed Price proposed to list at NSE SME.
| Nitiraj Engineers IPO | Steel City Securities IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Arihant Capital Markets Ltd. | Keynote Financial Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Alacrity Securities Ltd. | Keynote Capitals Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Nitiraj Engineers IPO is up to ₹20.90 Cr whereas the issue size of the Steel City Securities IPO is up to ₹25.64 Cr. The final issue price of Nitiraj Engineers IPO is ₹100.00 per share and of Steel City Securities IPO is ₹55.00 per share.
| Nitiraj Engineers IPO | Steel City Securities IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹100.00 per share | ₹55.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 2000 shares |
| Fresh Issue Size | 20,90,400 shares | 24,80,183 shares |
| Fresh Issue Size (Amount) | up to ₹20.90 Cr | up to ₹13.64 Cr |
| OFS Issue Size | 0 shares | 21,81,817 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹12.00 Cr |
| Issue Size Total | 20,90,400 shares | 46,62,000 shares |
| Issue Size Total (Amount) | up to ₹20.90 Cr | up to ₹25.64 Cr |
Nitiraj Engineers IPO opens on Feb 20, 2017, while Steel City Securities IPO opens on Feb 06, 2017. The closing date of Nitiraj Engineers IPO and Steel City Securities IPO is Mar 01, 2017, and Feb 09, 2017, respectively.
| Nitiraj Engineers IPO | Steel City Securities IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 20, 2017 | Feb 06, 2017 |
| Issue Close | Mar 01, 2017 | Feb 09, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Mar 09, 2017 | Feb 17, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Nitiraj Engineers IPO P/E ratio is , as compared to Steel City Securities IPO P/E ratio of .
| Nitiraj Engineers IPO | Steel City Securities IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹82.01 Cr. | ₹83.09 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Nitiraj Engineers IPO Retail Individual Investors (RII) are offered 10,45,200 shares while in Steel City Securities IPO retail investors are offered 10,45,200 shares. Qualified Institutional Buyers (QIB) are offered in Nitiraj Engineers IPO and in Steel City Securities IPO.
| Nitiraj Engineers IPO | Steel City Securities IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,10,400 shares | 2,46,000 shares |
| QIB | ||
| NII | 10,45,200 shares | 23,31,000 shares |
| RII | 10,45,200 shares | 23,31,000 shares |
| Employee | ||
| Others | ||
| Total | 20,90,400 shares | 46,62,000 shares |
Nitiraj Engineers IPO subscribed 1.43x in total, whereas Steel City Securities IPO subscribed 4.82x.
| Nitiraj Engineers IPO | Steel City Securities IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.68x | 3.12x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.18x | 6.51x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.43x | 4.82x |
