Comparison between Ahasolar Technologies IPO and Synoptics Technologies IPO.
Ahasolar Technologies IPO is a SME Fixed Price IPO proposed to list at BSE SME while Synoptics Technologies IPO is a SME Fixed Price proposed to list at NSE SME.
| Ahasolar Technologies IPO | Synoptics Technologies IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | First Overseas Capital Ltd. |
| Registrar | Kfin Technologies Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Sunflower Broking Pvt.Ltd. | NNM Securities Pvt.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 Ahasolar Technologies IPO is up to ₹12.18 Cr whereas the issue size of the Synoptics Technologies IPO is up to ₹51.33 Cr. The final issue price of Ahasolar Technologies IPO is ₹157.00 per share and of Synoptics Technologies IPO is ₹237.00 per share.
| Ahasolar Technologies IPO | Synoptics Technologies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹157.00 per share | ₹237.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 800 shares | 600 shares |
| Fresh Issue Size | 7,76,000 shares | 13,66,000 shares |
| Fresh Issue Size (Amount) | up to ₹12.18 Cr | up to ₹32.37 Cr |
| OFS Issue Size | 0 shares | 8,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹18.96 Cr |
| Issue Size Total | 7,76,000 shares | 21,66,000 shares |
| Issue Size Total (Amount) | up to ₹12.18 Cr | up to ₹51.33 Cr |
Ahasolar Technologies IPO opens on Jul 10, 2023, while Synoptics Technologies IPO opens on Jun 30, 2023. The closing date of Ahasolar Technologies IPO and Synoptics Technologies IPO is Jul 13, 2023, and Jul 05, 2023, respectively.
| Ahasolar Technologies IPO | Synoptics Technologies IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jul 10, 2023 | Jun 30, 2023 |
| Issue Close | Jul 13, 2023 | Jul 05, 2023 |
| Basis Of Allotment (Tentative) | Jul 18, 2023 | Jul 10, 2023 |
| Initiation of Refunds (Tentative) | Jul 19, 2023 | Jul 11, 2023 |
| Credit of Share (Tentative) | Jul 20, 2023 | Jul 12, 2023 |
| Listing date (Tentative) | Jul 21, 2023 | Jul 13, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Ahasolar Technologies IPO P/E ratio is 27.45, as compared to Synoptics Technologies IPO P/E ratio of 25.32.
| Ahasolar Technologies IPO | Synoptics Technologies IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 50.31 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 36.95 | 73.11 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 27.45 | 25.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹48.39 Cr. | ₹200.98 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 72.92 | 21.87 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 63.53 | 19.16 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.82 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.94 | ₹4.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 43.54 | 19.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Ahasolar Technologies IPO Retail Individual Investors (RII) are offered 3,88,000 shares while in Synoptics Technologies IPO retail investors are offered 3,88,000 shares. Qualified Institutional Buyers (QIB) are offered in Ahasolar Technologies IPO and in Synoptics Technologies IPO.
| Ahasolar Technologies IPO | Synoptics Technologies IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 42,400 shares | 1,14,000 shares |
| QIB | ||
| NII | 3,88,000 shares | 10,83,000 shares |
| RII | 3,88,000 shares | 10,83,000 shares |
| Employee | ||
| Others | ||
| Total | 7,76,000 shares | 21,66,000 shares |
Ahasolar Technologies IPO subscribed 34.79x in total, whereas Synoptics Technologies IPO subscribed 2.66x.
| Ahasolar Technologies IPO | Synoptics Technologies IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 23.37x | 2.58x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 46.18x | 2.54x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 34.79x | 2.66x |
