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Advait Infratech IPO vs Suratwwala Business Group IPO

Comparison between Advait Infratech IPO and Suratwwala Business Group IPO.

IPO Details

Advait Infratech IPO is a SME Fixed Price IPO proposed to list at BSE SME while Suratwwala Business Group IPO is a SME Fixed Price proposed to list at BSE SME.

 Advait Infratech IPOSuratwwala Business Group IPO
LogoAdvait Infratech IPO LogoSuratwwala Business Group IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersISK Advisors Pvt.Ltd.Hem Securities Ltd.
RegistrarKfin Technologies Ltd.MUFG Intime India Pvt.Ltd.
Market MakerNNM Securities Pvt.Ltd.Hem Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Advait Infratech IPO is up to ₹6.54 Cr whereas the issue size of the Suratwwala Business Group IPO is up to ₹6.54 Cr. The final issue price of Advait Infratech IPO is ₹51.00 per share and of Suratwwala Business Group IPO is ₹15.00 per share.

 Advait Infratech IPOSuratwwala Business Group IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹51.00 per share₹15.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares8000 shares
Fresh Issue Size12,82,000 shares43,60,000 shares
Fresh Issue Size (Amount)up to ₹6.54 Crup to ₹6.54 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total12,82,000 shares43,60,000 shares
Issue Size Total (Amount)up to ₹6.54 Crup to ₹6.54 Cr

IPO Timetable

Advait Infratech IPO opens on Sep 15, 2020, while Suratwwala Business Group IPO opens on Aug 03, 2020. The closing date of Advait Infratech IPO and Suratwwala Business Group IPO is Sep 18, 2020, and Aug 05, 2020, respectively.

 Advait Infratech IPOSuratwwala Business Group IPO
Anchor Bid Date
Issue OpenSep 15, 2020Aug 03, 2020
Issue CloseSep 18, 2020Aug 05, 2020
Basis Of Allotment (Tentative)Sep 25, 2020Aug 10, 2020
Initiation of Refunds (Tentative)Sep 28, 2020Aug 11, 2020
Credit of Share (Tentative)Sep 29, 2020Aug 12, 2020
Listing date (Tentative)Sep 28, 2020Aug 13, 2020
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Advait Infratech IPO P/E ratio is , as compared to Suratwwala Business Group IPO P/E ratio of 83.

 Advait Infratech IPOSuratwwala Business Group IPO
Financials
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (Rs in lakhs)
31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 5,155.62 4,436.72 3,315.84
Total Revenue 4581.26 2,852.38 4,531.70
Profit After Tax 54.04 249.02 620.59
Summary of financial Information (Restated)
Particulars For the year/period ended (Rs in Lakhs)
31-March-20 31-Mar-19 31-Mar-18 31-Mar-17
Total Assets 5,390.82 4,487.52 3,129.14 2,752.49
Total Revenue 1,088.35 912.62 1,119.91 1,657.82
Profit After Tax 32.46 85.86 296.49 214.38
Promoter Shareholding (Pre-Issue)99.9999.92
Promoter Shareholding (Post-Issue)73.5173.42
P/E Ratio83
Market Cap₹26.01 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Advait Infratech IPO Retail Individual Investors (RII) are offered 6,41,000 shares while in Suratwwala Business Group IPO retail investors are offered 6,41,000 shares. Qualified Institutional Buyers (QIB) are offered in Advait Infratech IPO and in Suratwwala Business Group IPO.

 Advait Infratech IPOSuratwwala Business Group IPO
Anchor Investor Reserveration
Market Maker Reserveration68,000 shares2,40,000 shares
QIB
NII6,41,000 shares21,76,000 shares
RII6,41,000 shares21,84,000 shares
Employee
Others
Total12,82,000 shares43,60,000 shares

Bids Received (Subscription)

Advait Infratech IPO subscribed 1.92x in total, whereas Suratwwala Business Group IPO subscribed 1.31x.

 Advait Infratech IPOSuratwwala Business Group IPO
QIB (times)
NII (times)1.53x2.35x
Big NII (times)
Small NII (times)
RII (times)2.32x0.28x
Employee (times)
Other (times)
Total (times)1.92x1.31x