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Steel City Securities IPO vs Super Fine Knitters IPO

Comparison between Steel City Securities IPO and Super Fine Knitters IPO.

IPO Details

Steel City Securities 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.

 Steel City Securities IPOSuper Fine Knitters IPO
LogoSteel City Securities IPO LogoSuper Fine Knitters IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersKeynote Financial Services Ltd.Oneview Corporate Advisors Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Cameo Corporate Services Ltd.
Market MakerKeynote Capitals 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 Steel City Securities IPO is up to ₹25.64 Cr whereas the issue size of the Super Fine Knitters IPO is up to ₹3.86 Cr. The final issue price of Steel City Securities IPO is ₹55.00 per share and of Super Fine Knitters IPO is ₹12.00 per share.

 Steel City Securities IPOSuper Fine Knitters IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹55.00 per share₹12.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares10000 shares
Fresh Issue Size24,80,183 shares32,20,000 shares
Fresh Issue Size (Amount)up to ₹13.64 Crup to ₹3.86 Cr
OFS Issue Size21,81,817 shares0 shares
OFS Issue Size (Amount)up to ₹12.00 Crup to ₹0.00 Cr
Issue Size Total46,62,000 shares32,20,000 shares
Issue Size Total (Amount)up to ₹25.64 Crup to ₹3.86 Cr

IPO Timetable

Steel City Securities IPO opens on Feb 06, 2017, while Super Fine Knitters IPO opens on Jan 18, 2017. The closing date of Steel City Securities IPO and Super Fine Knitters IPO is Feb 09, 2017, and Jan 24, 2017, respectively.

 Steel City Securities IPOSuper Fine Knitters IPO
Issue OpenFeb 06, 2017Jan 18, 2017
Issue CloseFeb 09, 2017Jan 24, 2017
Basis Of Allotment (Tentative)Feb 14, 2017Jan 30, 2017
Listing date (Tentative)Feb 17, 2017Feb 02, 2017

Financials & KPIs

Steel City Securities IPO P/E ratio is , as compared to Super Fine Knitters IPO P/E ratio of .

 Steel City Securities IPOSuper Fine Knitters IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets88.1975.7785.7372.18
Total Income16.2626.6631.6421.67
Profit After Tax2.653.936.573.29
NET Worth51.3648.6546.5345.20
Reserves and Surplus38.9836.2734.1532.82
Total Borrowing4.744.8017.643.42
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)69.56%72.74%
Promoter Shareholding (Post-Issue)42.58%52.78%
Market Cap₹83.09 Cr.₹14.87 Cr.

Shares Offered

In the Steel City Securities IPO Retail Individual Investors (RII) are offered 23,31,000 shares while in Super Fine Knitters IPO retail investors are offered 23,31,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Steel City Securities IPO and 0 shares in Super Fine Knitters IPO.

 Steel City Securities IPOSuper Fine Knitters IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,46,000 shares1,80,000 shares
QIB0 shares0 shares
NII23,31,000 shares16,10,000 shares
RII23,31,000 shares16,10,000 shares
Employee0 shares0 shares
Total46,62,000 shares32,20,000 shares

Bids Received (Subscription)

Steel City Securities IPO subscribed 4.82x in total, whereas Super Fine Knitters IPO subscribed 25.59x.

 Steel City Securities IPOSuper Fine Knitters IPO
NII (times)3.12x23.26x
RII (times)6.51x27.93x
Total (times)4.82x25.59x

Compare with others

Steel City Securities IPOSuper Fine Knitters IPO
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Madhav Copper IPOMaheshwari Logistics IPO
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Compare:

Steel City Securities IPO Vs Super Fine Knitters IPO