Comparison between Quality Foils IPO and Systango Technologies IPO.
IPO Details
Quality Foils IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Systango Technologies IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of Quality Foils IPO is up to ₹4.30 Cr whereas the issue size of the Systango Technologies IPO is up to ₹33.05 Cr. The final issue price of Quality Foils IPO is ₹60.00 per share and of Systango Technologies IPO is ₹90.00 per share.
IPO Timetable
Quality Foils IPO opens on Mar 14, 2023, while Systango Technologies IPO opens on Mar 02, 2023. The closing date of Quality Foils IPO and Systango Technologies IPO is Mar 16, 2023, and Mar 06, 2023, respectively.
| | Quality Foils IPO | Systango Technologies IPO |
|---|
| Anchor Bid Date | | Mar 01, 2023 |
| Issue Open | Mar 14, 2023 | Mar 02, 2023 |
| Issue Close | Mar 16, 2023 | Mar 06, 2023 |
| Basis Of Allotment (Tentative) | Mar 21, 2023 | Mar 10, 2023 |
| Initiation of Refunds (Tentative) | Mar 22, 2023 | Mar 13, 2023 |
| Credit of Share (Tentative) | Mar 23, 2023 | Mar 14, 2023 |
| Listing date (Tentative) | Mar 24, 2023 | Mar 15, 2023 |
| Anchor Lockin End date 1 | | Apr 09, 2023 |
| Anchor Lockin End date 2 | | Jun 08, 2023 |
Financials & KPIs
Quality Foils IPO P/E ratio is 4.16, as compared to Systango Technologies IPO P/E ratio of 15.13.
Shares Offered
In the Quality Foils IPO Retail Individual Investors (RII) are offered 3,58,000 shares while in Systango Technologies IPO retail investors are offered 3,58,000 shares. Qualified Institutional Buyers (QIB) are offered in Quality Foils IPO and 7,34,400 shares in Systango Technologies IPO.
| | Quality Foils IPO | Systango Technologies IPO |
|---|
| Anchor Investor Reservation | | 10,99,200 shares |
| Market Maker Reservation | 38,000 shares | 1,96,800 shares |
| QIB | | 7,34,400 shares |
| NII | 3,58,000 shares | 5,52,000 shares |
| RII | 3,58,000 shares | 12,86,400 shares |
| Total | 7,16,000 shares | 36,72,000 shares |
Bids Received (Subscription)
Quality Foils IPO subscribed 362.07x in total, whereas Systango Technologies IPO subscribed 64.99x.
