Comparison between Synoptics Technologies IPO and Tridhya Tech IPO.
IPO Details
Synoptics Technologies IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Tridhya Tech IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of Synoptics Technologies IPO is up to ₹51.33 Cr whereas the issue size of the Tridhya Tech IPO is up to ₹25.09 Cr. The final issue price of Synoptics Technologies IPO is ₹237.00 per share and of Tridhya Tech IPO is ₹42.00 per share.
| | Synoptics Technologies IPO | Tridhya Tech IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | | ₹35.00 per share |
| Issue Price (Upper) | | ₹42.00 per share |
| Issue Price (Final) | ₹237.00 per share | ₹42.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 600 shares | 3000 shares |
| Fresh Issue Size | 13,66,000 shares | 59,73,000 shares |
| Fresh Issue Size (Amount) | up to ₹32.37 Cr | up to ₹25.09 Cr |
| OFS Issue Size | 8,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹18.96 Cr | up to ₹0.00 Cr |
| Issue Size Total | 21,66,000 shares | 59,73,000 shares |
| Issue Size Total (Amount) | up to ₹51.33 Cr | up to ₹25.09 Cr |
IPO Timetable
Synoptics Technologies IPO opens on Jun 30, 2023, while Tridhya Tech IPO opens on Jun 30, 2023. The closing date of Synoptics Technologies IPO and Tridhya Tech IPO is Jul 05, 2023, and Jul 05, 2023, respectively.
| | Synoptics Technologies IPO | Tridhya Tech IPO |
|---|
| Anchor Bid Date | | Jun 27, 2023 |
| Issue Open | Jun 30, 2023 | Jun 30, 2023 |
| Issue Close | Jul 05, 2023 | Jul 05, 2023 |
| Basis Of Allotment (Tentative) | Jul 10, 2023 | Jul 10, 2023 |
| Initiation of Refunds (Tentative) | Jul 11, 2023 | Jul 11, 2023 |
| Credit of Share (Tentative) | Jul 12, 2023 | Jul 12, 2023 |
| Listing date (Tentative) | Jul 13, 2023 | Jul 13, 2023 |
| Anchor Lockin End date 1 | | Aug 09, 2023 |
| Anchor Lockin End date 2 | | Oct 08, 2023 |
Financials & KPIs
Synoptics Technologies IPO P/E ratio is 25.32, as compared to Tridhya Tech IPO P/E ratio of 26.09.
Shares Offered
In the Synoptics Technologies IPO Retail Individual Investors (RII) are offered 10,83,000 shares while in Tridhya Tech IPO retail investors are offered 10,83,000 shares. Qualified Institutional Buyers (QIB) are offered in Synoptics Technologies IPO and 11,94,000 shares in Tridhya Tech IPO.
| | Synoptics Technologies IPO | Tridhya Tech IPO |
|---|
| Anchor Investor Reservation | | 17,91,000 shares |
| Market Maker Reservation | 1,14,000 shares | 3,15,000 shares |
| QIB | | 11,94,000 shares |
| NII | 10,83,000 shares | 8,97,000 shares |
| RII | 10,83,000 shares | 20,91,000 shares |
| Total | 21,66,000 shares | 59,73,000 shares |
Bids Received (Subscription)
Synoptics Technologies IPO subscribed 2.56x in total, whereas Tridhya Tech IPO subscribed 55.04x.
