Comparison between Atam Valves IPO and Suratwwala Business Group IPO.
IPO Details
Atam Valves 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.
Issue Size and Price
The total issue size of Atam Valves IPO is up to ₹4.27 Cr whereas the issue size of the Suratwwala Business Group IPO is up to ₹6.54 Cr. The final issue price of Atam Valves IPO is ₹40.00 per share and of Suratwwala Business Group IPO is ₹15.00 per share.
IPO Timetable
Atam Valves IPO opens on Sep 18, 2020, while Suratwwala Business Group IPO opens on Aug 03, 2020. The closing date of Atam Valves IPO and Suratwwala Business Group IPO is Sep 25, 2020, and Aug 05, 2020, respectively.
| | Atam Valves IPO | Suratwwala Business Group IPO |
|---|
| Issue Open | Sep 18, 2020 | Aug 03, 2020 |
| Issue Close | Sep 25, 2020 | Aug 05, 2020 |
| Basis Of Allotment (Tentative) | Sep 30, 2020 | Aug 10, 2020 |
| Initiation of Refunds (Tentative) | Oct 01, 2020 | Aug 11, 2020 |
| Credit of Share (Tentative) | Oct 05, 2020 | Aug 12, 2020 |
| Listing date (Tentative) | Oct 06, 2020 | Aug 13, 2020 |
Financials & KPIs
Atam Valves IPO P/E ratio is , as compared to Suratwwala Business Group IPO P/E ratio of 83.
Shares Offered
In the Atam Valves IPO Retail Individual Investors (RII) are offered 5,34,000 shares while in Suratwwala Business Group IPO retail investors are offered 5,34,000 shares. Qualified Institutional Buyers (QIB) are offered in Atam Valves IPO and in Suratwwala Business Group IPO.
| | Atam Valves IPO | Suratwwala Business Group IPO |
|---|
| Market Maker Reservation | 57,000 shares | 2,40,000 shares |
| NII | 5,34,000 shares | 21,76,000 shares |
| RII | 5,34,000 shares | 21,84,000 shares |
| Total | 10,68,000 shares | 43,60,000 shares |
Bids Received (Subscription)
Atam Valves IPO subscribed 3.07x in total, whereas Suratwwala Business Group IPO subscribed 1.31x.
