Sirca Paints IPO vs Suumaya Lifestyle IPO

Comparison between Sirca Paints IPO and Suumaya Lifestyle IPO.

IPO Details

Sirca Paints IPO is a SME Fixed Price IPO proposed to list at NSE SME while Suumaya Lifestyle IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Sirca Paints IPO is up to ₹74.01 Cr whereas the issue size of the Suumaya Lifestyle IPO is up to ₹13.13 Cr. The final issue price of Sirca Paints IPO is ₹160.00 per share and of Suumaya Lifestyle IPO is ₹18.00 per share.

 Sirca Paints IPOSuumaya Lifestyle IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹151.00 per share
Issue Price (Upper)₹160.00 per share
Issue Price (Final)₹160.00 per share₹18.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size800 shares8000 shares
Fresh Issue Size46,25,600 shares14,96,000 shares
Fresh Issue Size (Amount)up to ₹74.01 Crup to ₹2.69 Cr
OFS Issue Size0 shares58,00,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹10.44 Cr
Issue Size Total46,25,600 shares72,96,000 shares
Issue Size Total (Amount)up to ₹74.01 Crup to ₹13.13 Cr

IPO Timetable

Sirca Paints IPO opens on May 16, 2018, while Suumaya Lifestyle IPO opens on May 22, 2018. The closing date of Sirca Paints IPO and Suumaya Lifestyle IPO is May 22, 2018, and May 25, 2018, respectively.

 Sirca Paints IPOSuumaya Lifestyle IPO
Anchor Bid DateMay 15, 2018
Issue OpenMay 16, 2018May 22, 2018
Issue CloseMay 22, 2018May 25, 2018
Basis Of Allotment (Tentative)May 25, 2018May 30, 2018
Listing date (Tentative)May 30, 2018Jun 04, 2018
Anchor Lockin End date 1Jun 21, 2018

Financials & KPIs

Sirca Paints IPO P/E ratio is , as compared to Suumaya Lifestyle IPO P/E ratio of .

 Sirca Paints IPOSuumaya Lifestyle IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 201731 Mar 201731 Mar 201631 Mar 2015
Assets83.1961.3145.0833.42
Total Income64.7084.3472.6669.77
Profit After Tax14.6013.707.286.18
NET Worth48.3534.0320.3613.13
Reserves and Surplus36.1434.0320.3313.05
Total Borrowing9.103.8510.6811.81
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 201731 Mar 201731 Mar 201631 Mar 2015
Assets189.7933.1927.1631.07
Total Income242.29212.0690.5337.16
Profit After Tax1.720.450.320.05
NET Worth25.0923.3722.9222.60
Reserves and Surplus2.971.250.800.48
Total Borrowing8.12
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)91.79%60.39%
Promoter Shareholding (Post-Issue)67.32%31.48%
Market Cap₹292.31 Cr.₹43.21 Cr.

Shares Offered

In the Sirca Paints IPO Retail Individual Investors (RII) are offered 16,28,000 shares while in Suumaya Lifestyle IPO retail investors are offered 16,28,000 shares. Qualified Institutional Buyers (QIB) are offered 9,28,000 shares in Sirca Paints IPO and 0 shares in Suumaya Lifestyle IPO.

 Sirca Paints IPOSuumaya Lifestyle IPO
Anchor Investor Reservation13,70,400 shares0 shares
Market Maker Reservation2,44,000 shares3,92,000 shares
QIB9,28,000 shares0 shares
NII6,99,200 shares36,48,000 shares
RII16,28,000 shares36,48,000 shares
Employee0 shares0 shares
Total46,25,600 shares72,96,000 shares

Bids Received (Subscription)

Sirca Paints IPO subscribed 8.32x in total, whereas Suumaya Lifestyle IPO subscribed 1.44x.

 Sirca Paints IPOSuumaya Lifestyle IPO
QIB (times)1.25x
NII (times)32.05x1.49x
RII (times)9.16x1.39x
Total (times)8.32x1.44x

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Sirca Paints IPO Vs Suumaya Lifestyle IPO