Ekennis Software IPO vs Swaraj Suiting IPO

Comparison between Ekennis Software IPO and Swaraj Suiting IPO.

IPO Details

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.

Issue Size and Price

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 IPOSwaraj Suiting IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹72.00 per share₹56.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1600 shares2000 shares
Fresh Issue Size3,77,600 shares18,12,000 shares
Fresh Issue Size (Amount)up to ₹2.72 Crup to ₹10.15 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total3,77,600 shares18,12,000 shares
Issue Size Total (Amount)up to ₹2.72 Crup to ₹10.15 Cr

IPO Timetable

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 IPOSwaraj Suiting IPO
Issue OpenFeb 21, 2022Mar 15, 2022
Issue CloseFeb 24, 2022Mar 17, 2022
Basis Of Allotment (Tentative)Mar 02, 2022Mar 23, 2022
Initiation of Refunds (Tentative)Mar 03, 2022Mar 24, 2022
Credit of Share (Tentative)Mar 04, 2022Mar 25, 2022
Listing date (Tentative)Mar 07, 2022Mar 28, 2022

Financials & KPIs

Ekennis Software IPO P/E ratio is 11.4, as compared to Swaraj Suiting IPO P/E ratio of 10.55.

 Ekennis Software IPOSwaraj Suiting IPO
Financials

Company Financials (Restated)

Period Ended15 Jan 202231 Mar 202131 Mar 2020
Assets3.012.621.64
Total Income3.674.694.86
Profit After Tax0.700.950.23
EBITDA1.071.360.33
NET Worth1.931.230.28
Reserves and Surplus1.881.180.23
Total Borrowing0.040.130.37
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202131 Mar 202131 Mar 202031 Mar 2019
Assets91.6291.7297.0493.73
Total Income81.7260.2280.6576.42
Profit After Tax1.912.673.542.19
EBITDA5.257.3511.3010.37
NET Worth45.1938.2430.7426.11
Reserves and Surplus42.6836.0128.8124.17
Total Borrowing38.1341.8849.1455.89
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%99.74%
Promoter Shareholding (Post-Issue)71.42%73.31%
P/E Ratio11.410.55
Market Cap₹10.08 Cr.₹40.32 Cr.
ROE126.47
ROCE173.31
Debt/Equity0.11
EPS₹189.83₹11.99
RoNW77.486.99

Shares Offered

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 IPOSwaraj Suiting IPO
Market Maker Reservation22,400 shares96,000 shares
NII1,88,800 shares9,04,000 shares
RII1,88,800 shares9,08,000 shares
Total3,77,600 shares18,12,000 shares

Bids Received (Subscription)

Ekennis Software IPO subscribed 28.00x in total, whereas Swaraj Suiting IPO subscribed 12.13x.

 Ekennis Software IPOSwaraj Suiting IPO
NII (times)36.99x13.81x
RII (times)19.00x10.46x
Total (times)28.00x12.13x

Compare with others

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Ekennis Software IPO Vs Swaraj Suiting IPO