Sumit Woods IPO vs Synergy Green Industries IPO

Comparison between Sumit Woods IPO and Synergy Green Industries IPO.

IPO Details

Sumit Woods IPO is a SME Fixed Price IPO proposed to list at NSE SME while Synergy Green Industries IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Sumit Woods IPO is up to ₹17.25 Cr whereas the issue size of the Synergy Green Industries IPO is up to ₹25.12 Cr. The final issue price of Sumit Woods IPO is ₹45.00 per share and of Synergy Green Industries IPO is ₹70.00 per share.

 Sumit Woods IPOSynergy Green Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹43.00 per share
Issue Price (Upper)₹45.00 per share
Issue Price (Final)₹45.00 per share₹70.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares2000 shares
Fresh Issue Size38,34,000 shares35,88,000 shares
Fresh Issue Size (Amount)up to ₹17.25 Crup to ₹25.12 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total38,34,000 shares35,88,000 shares
Issue Size Total (Amount)up to ₹17.25 Crup to ₹25.12 Cr

IPO Timetable

Sumit Woods IPO opens on Aug 29, 2018, while Synergy Green Industries IPO opens on Sep 04, 2018. The closing date of Sumit Woods IPO and Synergy Green Industries IPO is Aug 31, 2018, and Sep 11, 2018, respectively.

 Sumit Woods IPOSynergy Green Industries IPO
Issue OpenAug 29, 2018Sep 04, 2018
Issue CloseAug 31, 2018Sep 11, 2018
Basis Of Allotment (Tentative)Sep 05, 2018Sep 17, 2018
Initiation of Refunds (Tentative)Sep 06, 2018
Credit of Share (Tentative)Sep 06, 2018
Listing date (Tentative)Sep 10, 2018Sep 21, 2018

Financials & KPIs

Sumit Woods IPO P/E ratio is , as compared to Synergy Green Industries IPO P/E ratio of .

 Sumit Woods IPOSynergy Green Industries IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets117.51122.43135.12
Total Income34.3346.9729.61
Profit After Tax7.753.130.75
NET Worth49.5040.2636.00
Reserves and Surplus38.6632.4728.24
Total Borrowing36.4646.8155.66
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets108.3691.7982.53
Total Income103.13120.6782.60
Profit After Tax4.664.861.55
NET Worth8.97-0.70-5.56
Reserves and Surplus-12.09-18.51-23.37
Total Borrowing36.3142.5045.68
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)94.67%98.97%
Promoter Shareholding (Post-Issue)69.59%72.49%
Market Cap₹68.82 Cr.₹98.91 Cr.

Shares Offered

In the Sumit Woods IPO Retail Individual Investors (RII) are offered 13,44,000 shares while in Synergy Green Industries IPO retail investors are offered 13,44,000 shares. Qualified Institutional Buyers (QIB) are offered 11,49,000 shares in Sumit Woods IPO and 0 shares in Synergy Green Industries IPO.

 Sumit Woods IPOSynergy Green Industries IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,19,000 shares1,92,000 shares
QIB11,49,000 shares0 shares
NII13,41,000 shares17,94,000 shares
RII13,44,000 shares17,94,000 shares
Employee0 shares0 shares
Total38,34,000 shares35,88,000 shares

Bids Received (Subscription)

Sumit Woods IPO subscribed 6.41x in total, whereas Synergy Green Industries IPO subscribed 1.13x.

 Sumit Woods IPOSynergy Green Industries IPO
QIB (times)0.87x
NII (times)15.15x1.90x
RII (times)2.42x0.36x
Total (times)6.41x1.13x

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Sumit Woods IPO Vs Synergy Green Industries IPO