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Spectrum Electrical IPO vs Synergy Green Industries IPO

Comparison between Spectrum Electrical IPO and Synergy Green Industries IPO.

IPO Details

Spectrum Electrical IPO is a SME Fixed Price IPO proposed to list at NSE SME while Synergy Green Industries IPO is a SME Fixed Price proposed to list at BSE SME.

 Spectrum Electrical IPOSynergy Green Industries IPO
LogoSpectrum Electrical IPO LogoSynergy Green Industries IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersArihant Capital Markets Ltd.Swastika Investmart Ltd.
RegistrarBigshare Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerArihant Capital Markets Ltd.Beeline Broking Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Spectrum Electrical IPO is up to ₹24.57 Cr whereas the issue size of the Synergy Green Industries IPO is up to ₹25.12 Cr. The final issue price of Spectrum Electrical IPO is ₹65.00 per share and of Synergy Green Industries IPO is ₹70.00 per share.

 Spectrum Electrical IPOSynergy Green Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹65.00 per share₹70.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares2000 shares
Fresh Issue Size37,80,000 shares35,88,000 shares
Fresh Issue Size (Amount)up to ₹24.57 Crup to ₹25.12 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total37,80,000 shares35,88,000 shares
Issue Size Total (Amount)up to ₹24.57 Crup to ₹25.12 Cr

IPO Timetable

Spectrum Electrical IPO opens on Sep 17, 2018, while Synergy Green Industries IPO opens on Sep 04, 2018. The closing date of Spectrum Electrical IPO and Synergy Green Industries IPO is Sep 21, 2018, and Sep 11, 2018, respectively.

 Spectrum Electrical IPOSynergy Green Industries IPO
Issue OpenSep 17, 2018Sep 04, 2018
Issue CloseSep 21, 2018Sep 11, 2018
Basis Of Allotment (Tentative)Sep 26, 2018Sep 17, 2018
Listing date (Tentative)Oct 01, 2018Sep 21, 2018

Financials & KPIs

Spectrum Electrical IPO P/E ratio is , as compared to Synergy Green Industries IPO P/E ratio of .

 Spectrum Electrical IPOSynergy Green Industries IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets107.6325.0614.91
Total Income119.836.602.16
Profit After Tax5.900.530.30
NET Worth33.735.795.25
Reserves and Surplus22.590.800.26
Total Borrowing34.4410.358.10
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets108.3691.7982.53
Total Income103.13120.6782.60
Profit After Tax4.664.861.55
NET Worth8.97-0.70-5.56
Reserves and Surplus-12.09-18.51-23.37
Total Borrowing36.3142.5045.68
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)93.16%98.97%
Promoter Shareholding (Post-Issue)68.63%72.49%
Market Cap₹98.28 Cr.₹98.91 Cr.

Shares Offered

In the Spectrum Electrical IPO Retail Individual Investors (RII) are offered 18,90,000 shares while in Synergy Green Industries IPO retail investors are offered 18,90,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Spectrum Electrical IPO and 0 shares in Synergy Green Industries IPO.

 Spectrum Electrical IPOSynergy Green Industries IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,00,000 shares1,92,000 shares
QIB0 shares0 shares
NII18,90,000 shares17,94,000 shares
RII18,90,000 shares17,94,000 shares
Employee0 shares0 shares
Total37,80,000 shares35,88,000 shares

Bids Received (Subscription)

Spectrum Electrical IPO subscribed 1.27x in total, whereas Synergy Green Industries IPO subscribed 1.13x.

 Spectrum Electrical IPOSynergy Green Industries IPO
NII (times)1.99x1.90x
RII (times)0.56x0.36x
Total (times)1.27x1.13x

Compare with others

Spectrum Electrical IPOSynergy Green Industries IPO
Innovative Ideals IPOKshitij Polyline IPO
Mac Hotels IPOSpectrum Electrical IPO
Sky Gold IPORanjeet Mechatronics IPO
Manorama Industries IPOAKG Exim IPO
Kshitij Polyline IPORajshree Polypack IPO
Ranjeet Mechatronics IPOAhlada Engineers IPO
AKG Exim IPOMarshall Machines IPO
Rajshree Polypack IPOSumit Woods IPO
Synergy Green Industries IPOLagnam Spintex IPO
Ahlada Engineers IPOAdd-Shop Promotions IPO

Compare:

Spectrum Electrical IPO Vs Synergy Green Industries IPO