Comparison between SVJ Enterprises IPO and Systango Technologies IPO.
IPO Details
SVJ Enterprises IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Systango Technologies IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of SVJ Enterprises IPO is up to ₹5.81 Cr whereas the issue size of the Systango Technologies IPO is up to ₹33.05 Cr. The final issue price of SVJ Enterprises IPO is ₹36.00 per share and of Systango Technologies IPO is ₹90.00 per share.
IPO Timetable
SVJ Enterprises IPO opens on Feb 23, 2023, while Systango Technologies IPO opens on Mar 02, 2023. The closing date of SVJ Enterprises IPO and Systango Technologies IPO is Feb 28, 2023, and Mar 06, 2023, respectively.
| | SVJ Enterprises IPO | Systango Technologies IPO |
|---|
| Anchor Bid Date | | Mar 01, 2023 |
| Issue Open | Feb 23, 2023 | Mar 02, 2023 |
| Issue Close | Feb 28, 2023 | Mar 06, 2023 |
| Basis Of Allotment (Tentative) | Mar 03, 2023 | Mar 10, 2023 |
| Initiation of Refunds (Tentative) | Mar 06, 2023 | Mar 13, 2023 |
| Credit of Share (Tentative) | Mar 08, 2023 | Mar 14, 2023 |
| Listing date (Tentative) | Mar 09, 2023 | Mar 15, 2023 |
| Anchor Lockin End date 1 | | Apr 09, 2023 |
| Anchor Lockin End date 2 | | Jun 08, 2023 |
Financials & KPIs
SVJ Enterprises IPO P/E ratio is 12.9, as compared to Systango Technologies IPO P/E ratio of 15.13.
Shares Offered
In the SVJ Enterprises IPO Retail Individual Investors (RII) are offered 8,07,000 shares while in Systango Technologies IPO retail investors are offered 8,07,000 shares. Qualified Institutional Buyers (QIB) are offered in SVJ Enterprises IPO and 7,34,400 shares in Systango Technologies IPO.
| | SVJ Enterprises IPO | Systango Technologies IPO |
|---|
| Anchor Investor Reservation | | 10,99,200 shares |
| Market Maker Reservation | 87,000 shares | 1,96,800 shares |
| QIB | | 7,34,400 shares |
| NII | 8,07,000 shares | 5,52,000 shares |
| RII | 8,07,000 shares | 12,86,400 shares |
| Total | 16,14,000 shares | 36,72,000 shares |
Bids Received (Subscription)
SVJ Enterprises IPO subscribed 1.49x in total, whereas Systango Technologies IPO subscribed 64.99x.
