Comparison between Ekennis Software IPO and Swaraj Suiting IPO.
Ekennis Software IPO is a SME Fixed Price IPO proposed to list at BSE SME while Swaraj Suiting IPO is a SME Fixed Price proposed to list at NSE SME.
| Ekennis Software IPO | Swaraj Suiting IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Shreni Shares Ltd. | Finshore Management Services Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Shreni Shares Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Ekennis Software IPO is up to ₹2.72 Cr whereas the issue size of the Swaraj Suiting IPO is up to ₹10.15 Cr. The final issue price of Ekennis Software IPO is ₹72.00 per share and of Swaraj Suiting IPO is ₹56.00 per share.
| Ekennis Software IPO | Swaraj Suiting IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹72.00 per share | ₹56.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 2000 shares |
| Fresh Issue Size | 3,77,600 shares | 18,12,000 shares |
| Fresh Issue Size (Amount) | up to ₹2.72 Cr | up to ₹10.15 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 3,77,600 shares | 18,12,000 shares |
| Issue Size Total (Amount) | up to ₹2.72 Cr | up to ₹10.15 Cr |
Ekennis Software IPO opens on Feb 21, 2022, while Swaraj Suiting IPO opens on Mar 15, 2022. The closing date of Ekennis Software IPO and Swaraj Suiting IPO is Feb 24, 2022, and Mar 17, 2022, respectively.
| Ekennis Software IPO | Swaraj Suiting IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 21, 2022 | Mar 15, 2022 |
| Issue Close | Feb 24, 2022 | Mar 17, 2022 |
| Basis Of Allotment (Tentative) | Mar 02, 2022 | Mar 23, 2022 |
| Initiation of Refunds (Tentative) | Mar 03, 2022 | Mar 24, 2022 |
| Credit of Share (Tentative) | Mar 04, 2022 | Mar 25, 2022 |
| Listing date (Tentative) | Mar 07, 2022 | Mar 28, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Ekennis Software IPO P/E ratio is 11.4, as compared to Swaraj Suiting IPO P/E ratio of 10.55.
| Ekennis Software IPO | Swaraj Suiting IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 99.74 | ||||
| Promoter Shareholding (Post-Issue) | 71.42 | 73.31 | ||||
| P/E Ratio | 11.4 | 10.55 | ||||
| Market Cap | ₹10.08 Cr. | ₹40.32 Cr. | ||||
| ROE | 126.47 | |||||
| ROCE | 173.31 | |||||
| Debt/Equity | 0.11 | |||||
| EPS | ₹189.83 | ₹11.99 | ||||
| RoNW | 77.48 | 6.99 |
In the Ekennis Software IPO Retail Individual Investors (RII) are offered 1,88,800 shares while in Swaraj Suiting IPO retail investors are offered 1,88,800 shares. Qualified Institutional Buyers (QIB) are offered in Ekennis Software IPO and in Swaraj Suiting IPO.
| Ekennis Software IPO | Swaraj Suiting IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 22,400 shares | 96,000 shares |
| QIB | ||
| NII | 1,88,800 shares | 9,04,000 shares |
| RII | 1,88,800 shares | 9,08,000 shares |
| Employee | ||
| Others | ||
| Total | 3,77,600 shares | 18,12,000 shares |
Ekennis Software IPO subscribed 28.00x in total, whereas Swaraj Suiting IPO subscribed 12.13x.
| Ekennis Software IPO | Swaraj Suiting IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 36.99x | 13.81x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 19.00x | 10.46x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 28.00x | 12.13x |
