Comparison between Pace E-Commerce Ventures IPO and Swastik Pipe IPO.
IPO Details
Pace E-Commerce Ventures IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Swastik Pipe IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of Pace E-Commerce Ventures IPO is up to ₹63.11 Cr whereas the issue size of the Swastik Pipe IPO is up to ₹59.38 Cr. The final issue price of Pace E-Commerce Ventures IPO is ₹103.00 per share and of Swastik Pipe IPO is ₹100.00 per share.
| | Pace E-Commerce Ventures IPO | Swastik Pipe IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | | ₹97.00 per share |
| Issue Price (Upper) | | ₹100.00 per share |
| Issue Price (Final) | ₹103.00 per share | ₹100.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 1200 shares | 1200 shares |
| Fresh Issue Size | 36,67,600 shares | 59,37,600 shares |
| Fresh Issue Size (Amount) | up to ₹37.78 Cr | up to ₹59.38 Cr |
| OFS Issue Size | 24,59,600 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹25.33 Cr | up to ₹0.00 Cr |
| Issue Size Total | 61,27,200 shares | 59,37,600 shares |
| Issue Size Total (Amount) | up to ₹63.11 Cr | up to ₹59.38 Cr |
IPO Timetable
Pace E-Commerce Ventures IPO opens on Sep 29, 2022, while Swastik Pipe IPO opens on Sep 29, 2022. The closing date of Pace E-Commerce Ventures IPO and Swastik Pipe IPO is Oct 13, 2022, and Oct 03, 2022, respectively.
| | Pace E-Commerce Ventures IPO | Swastik Pipe IPO |
|---|
| Issue Open | Sep 29, 2022 | Sep 29, 2022 |
| Issue Close | Oct 13, 2022 | Oct 03, 2022 |
| Basis Of Allotment (Tentative) | Oct 18, 2022 | Oct 07, 2022 |
| Initiation of Refunds (Tentative) | Oct 19, 2022 | Oct 10, 2022 |
| Credit of Share (Tentative) | Oct 20, 2022 | Oct 11, 2022 |
| Listing date (Tentative) | Oct 20, 2022 | Oct 12, 2022 |
Financials & KPIs
Pace E-Commerce Ventures IPO P/E ratio is 429.16, as compared to Swastik Pipe IPO P/E ratio of 11.38.
Shares Offered
In the Pace E-Commerce Ventures IPO Retail Individual Investors (RII) are offered 30,63,600 shares while in Swastik Pipe IPO retail investors are offered 30,63,600 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Pace E-Commerce Ventures IPO and in Swastik Pipe IPO.
| | Pace E-Commerce Ventures IPO | Swastik Pipe IPO |
|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 3,32,400 shares | 3,14,400 shares |
| QIB | 0 shares | |
| NII | 30,63,600 shares | 29,68,800 shares |
| RII | 30,63,600 shares | 29,68,800 shares |
| Employee | 0 shares | |
| Total | 61,27,200 shares | 59,37,600 shares |
Bids Received (Subscription)
Pace E-Commerce Ventures IPO subscribed 1.14x in total, whereas Swastik Pipe IPO subscribed 1.35x.
