Sonam Clock IPO vs Supreme Engineering IPO

Comparison between Sonam Clock IPO and Supreme Engineering IPO.

IPO Details

Sonam Clock IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Supreme Engineering IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Sonam Clock IPO is up to ₹9.59 Cr whereas the issue size of the Supreme Engineering IPO is up to ₹16.88 Cr. The final issue price of Sonam Clock IPO is ₹36.00 per share and of Supreme Engineering IPO is ₹27.00 per share.

 Sonam Clock IPOSupreme Engineering IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹27.00 per share
Issue Price (Upper)₹32.00 per share
Issue Price (Final)₹36.00 per share₹27.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares4000 shares
Fresh Issue Size26,64,000 shares62,44,000 shares
Fresh Issue Size (Amount)up to ₹9.59 Crup to ₹16.86 Cr
OFS Issue Size0 shares8,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.02 Cr
Issue Size Total26,64,000 shares62,52,000 shares
Issue Size Total (Amount)up to ₹9.59 Crup to ₹16.88 Cr

IPO Timetable

Sonam Clock IPO opens on Jun 01, 2018, while Supreme Engineering IPO opens on Aug 24, 2018. The closing date of Sonam Clock IPO and Supreme Engineering IPO is Jun 06, 2018, and Aug 29, 2018, respectively.

 Sonam Clock IPOSupreme Engineering IPO
Issue OpenJun 01, 2018Aug 24, 2018
Issue CloseJun 06, 2018Aug 29, 2018
Basis Of Allotment (Tentative)Jun 11, 2018Sep 03, 2018
Initiation of Refunds (Tentative)Sep 04, 2018
Credit of Share (Tentative)Sep 05, 2018
Listing date (Tentative)Jun 14, 2018Sep 06, 2018

Financials & KPIs

Sonam Clock IPO P/E ratio is , as compared to Supreme Engineering IPO P/E ratio of .

 Sonam Clock IPOSupreme Engineering IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 201731 Mar 201731 Mar 201631 Mar 2015
Assets37.7434.9434.1728.52
Total Income38.6239.0336.8234.06
Profit After Tax2.260.812.680.41
EBITDA5.364.425.333.59
NET Worth11.619.358.545.86
Reserves and Surplus4.413.953.144.06
Total Borrowing18.2918.5917.7417.55
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets175.65141.74113.57
Total Income152.26120.86113.65
Profit After Tax4.652.151.12
NET Worth29.0316.7414.59
Reserves and Surplus10.6113.7411.59
Total Borrowing80.9684.9581.22
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%95.99%
Promoter Shareholding (Post-Issue)71.94%70.70%
Market Cap₹36.03 Cr.₹67.49 Cr.

Shares Offered

In the Sonam Clock IPO Retail Individual Investors (RII) are offered 13,32,000 shares while in Supreme Engineering IPO retail investors are offered 13,32,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Sonam Clock IPO and 0 shares in Supreme Engineering IPO.

 Sonam Clock IPOSupreme Engineering IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,44,000 shares3,32,000 shares
QIB0 shares0 shares
NII13,32,000 shares31,24,000 shares
RII13,32,000 shares31,28,000 shares
Employee0 shares0 shares
Total26,64,000 shares62,52,000 shares

Bids Received (Subscription)

Sonam Clock IPO subscribed 2.42x in total, whereas Supreme Engineering IPO subscribed 1.20x.

 Sonam Clock IPOSupreme Engineering IPO
NII (times)1.04x1.40x
RII (times)3.80x1.00x
Total (times)2.42x1.20x

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Sonam Clock IPO Vs Supreme Engineering IPO