Comparison between Steel City Securities IPO and Tanvi Foods IPO.
Steel City Securities IPO is a SME Fixed Price IPO proposed to list at NSE SME while Tanvi Foods IPO is a SME Fixed Price proposed to list at BSE SME.
| Steel City Securities IPO | Tanvi Foods IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Keynote Financial Services Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Keynote Capitals Ltd. | Aryaman Capital Markets 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 Steel City Securities IPO is up to ₹25.64 Cr whereas the issue size of the Tanvi Foods IPO is up to ₹6.26 Cr. The final issue price of Steel City Securities IPO is ₹55.00 per share and of Tanvi Foods IPO is ₹60.00 per share.
| Steel City Securities IPO | Tanvi Foods IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹55.00 per share | ₹60.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 2000 shares |
| Fresh Issue Size | 24,80,183 shares | 6,16,000 shares |
| Fresh Issue Size (Amount) | up to ₹13.64 Cr | up to ₹3.70 Cr |
| OFS Issue Size | 21,81,817 shares | 4,28,000 shares |
| OFS Issue Size (Amount) | up to ₹12.00 Cr | up to ₹2.57 Cr |
| Issue Size Total | 46,62,000 shares | 10,44,000 shares |
| Issue Size Total (Amount) | up to ₹25.64 Cr | up to ₹6.26 Cr |
Steel City Securities IPO opens on Feb 06, 2017, while Tanvi Foods IPO opens on Feb 17, 2017. The closing date of Steel City Securities IPO and Tanvi Foods IPO is Feb 09, 2017, and Feb 22, 2017, respectively.
| Steel City Securities IPO | Tanvi Foods IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 06, 2017 | Feb 17, 2017 |
| Issue Close | Feb 09, 2017 | Feb 22, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Feb 17, 2017 | Mar 02, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Steel City Securities IPO P/E ratio is , as compared to Tanvi Foods IPO P/E ratio of .
| Steel City Securities IPO | Tanvi Foods IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹83.09 Cr. | ₹24.70 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Steel City Securities IPO Retail Individual Investors (RII) are offered 23,31,000 shares while in Tanvi Foods IPO retail investors are offered 23,31,000 shares. Qualified Institutional Buyers (QIB) are offered in Steel City Securities IPO and in Tanvi Foods IPO.
| Steel City Securities IPO | Tanvi Foods IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,46,000 shares | 56,000 shares |
| QIB | ||
| NII | 23,31,000 shares | 5,22,000 shares |
| RII | 23,31,000 shares | 5,22,000 shares |
| Employee | ||
| Others | ||
| Total | 46,62,000 shares | 10,44,000 shares |
Steel City Securities IPO subscribed 4.82x in total, whereas Tanvi Foods IPO subscribed 1.62x.
| Steel City Securities IPO | Tanvi Foods IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 3.12x | 1.87x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 6.51x | 1.38x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 4.82x | 1.62x |
