ProStocks Logo
Unlimited Trades ₹899 Monthly
www.ProStocks.com
Contact us

Nitiraj Engineers IPO vs Super Fine Knitters IPO

Comparison between Nitiraj Engineers IPO and Super Fine Knitters IPO.

IPO Details

Nitiraj Engineers IPO is a SME Fixed Price IPO proposed to list at NSE SME while Super Fine Knitters IPO is a SME Fixed Price proposed to list at BSE SME.

 Nitiraj Engineers IPOSuper Fine Knitters IPO
LogoNitiraj Engineers IPO LogoSuper Fine Knitters IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersArihant Capital Markets Ltd.Oneview Corporate Advisors Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Cameo Corporate Services Ltd.
Market MakerAlacrity Securities Ltd.Guiness Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Nitiraj Engineers IPO is up to ₹20.90 Cr whereas the issue size of the Super Fine Knitters IPO is up to ₹3.86 Cr. The final issue price of Nitiraj Engineers IPO is ₹100.00 per share and of Super Fine Knitters IPO is ₹12.00 per share.

 Nitiraj Engineers IPOSuper Fine Knitters IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹100.00 per share₹12.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1200 shares10000 shares
Fresh Issue Size20,90,400 shares32,20,000 shares
Fresh Issue Size (Amount)up to ₹20.90 Crup to ₹3.86 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total20,90,400 shares32,20,000 shares
Issue Size Total (Amount)up to ₹20.90 Crup to ₹3.86 Cr

IPO Timetable

Nitiraj Engineers IPO opens on Feb 20, 2017, while Super Fine Knitters IPO opens on Jan 18, 2017. The closing date of Nitiraj Engineers IPO and Super Fine Knitters IPO is Mar 01, 2017, and Jan 24, 2017, respectively.

 Nitiraj Engineers IPOSuper Fine Knitters IPO
Issue OpenFeb 20, 2017Jan 18, 2017
Issue CloseMar 01, 2017Jan 24, 2017
Basis Of Allotment (Tentative)Mar 06, 2017Jan 30, 2017
Listing date (Tentative)Mar 09, 2017Feb 02, 2017

Financials & KPIs

Nitiraj Engineers IPO P/E ratio is , as compared to Super Fine Knitters IPO P/E ratio of .

 Nitiraj Engineers IPOSuper Fine Knitters IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets50.3349.0937.0632.70
Total Income32.0156.5443.8741.17
Profit After Tax4.515.504.183.89
NET Worth37.6133.4728.0623.87
Reserves and Surplus31.6127.4727.0622.87
Total Borrowing5.427.192.020.25
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets65.3154.7247.2149.06
Total Income43.5784.9176.2771.15
Profit After Tax0.520.640.540.49
NET Worth18.7118.1917.5417.00
Reserves and Surplus10.029.498.858.31
Total Borrowing21.2320.4917.2017.52
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)90.00%72.74%
Promoter Shareholding (Post-Issue)65.85%52.78%
Market Cap₹82.01 Cr.₹14.87 Cr.

Shares Offered

In the Nitiraj Engineers IPO Retail Individual Investors (RII) are offered 10,45,200 shares while in Super Fine Knitters IPO retail investors are offered 10,45,200 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Nitiraj Engineers IPO and 0 shares in Super Fine Knitters IPO.

 Nitiraj Engineers IPOSuper Fine Knitters IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,10,400 shares1,80,000 shares
QIB0 shares0 shares
NII10,45,200 shares16,10,000 shares
RII10,45,200 shares16,10,000 shares
Employee0 shares0 shares
Total20,90,400 shares32,20,000 shares

Bids Received (Subscription)

Nitiraj Engineers IPO subscribed 1.43x in total, whereas Super Fine Knitters IPO subscribed 25.59x.

 Nitiraj Engineers IPOSuper Fine Knitters IPO
NII (times)1.68x23.26x
RII (times)1.18x27.93x
Total (times)1.43x25.59x

Compare with others

Nitiraj Engineers IPOSuper Fine Knitters IPO
IFL Enterprises IPONitiraj Engineers IPO
Sanginita Chemicals IPOGlobal Education IPO
Akash Infra-Projects IPOKrishana Phoschem IPO
RMC Switchgears IPOSteel City Securities IPO
Tanvi Foods IPOMadhav Copper IPO
Global Education IPOMaheshwari Logistics IPO
Krishana Phoschem IPOProlife Industries IPO
Steel City Securities IPOLibas Designs IPO
Madhav Copper IPOVeeram Ornaments IPO
Super Fine Knitters IPOMajestic Research FPO

Compare:

Nitiraj Engineers IPO Vs Super Fine Knitters IPO