Comparison between Sarthak Metals IPO and Tanvi Foods IPO.
IPO Details
Sarthak Metals IPO is a SME Fixed Price IPO proposed to list at BSE SME while Tanvi Foods IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Sarthak Metals IPO is up to ₹10.32 Cr whereas the issue size of the Tanvi Foods IPO is up to ₹6.26 Cr. The final issue price of Sarthak Metals IPO is ₹30.00 per share and of Tanvi Foods IPO is ₹60.00 per share.
| | Sarthak Metals IPO | Tanvi Foods IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹30.00 per share | ₹60.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 4000 shares | 2000 shares |
| Fresh Issue Size | 14,04,000 shares | 6,16,000 shares |
| Fresh Issue Size (Amount) | up to ₹4.21 Cr | up to ₹3.70 Cr |
| OFS Issue Size | 20,36,000 shares | 4,28,000 shares |
| OFS Issue Size (Amount) | up to ₹6.11 Cr | up to ₹2.57 Cr |
| Issue Size Total | 34,40,000 shares | 10,44,000 shares |
| Issue Size Total (Amount) | up to ₹10.32 Cr | up to ₹6.26 Cr |
IPO Timetable
Sarthak Metals IPO opens on Mar 10, 2017, while Tanvi Foods IPO opens on Feb 17, 2017. The closing date of Sarthak Metals IPO and Tanvi Foods IPO is Mar 17, 2017, and Feb 22, 2017, respectively.
Financials & KPIs
Sarthak Metals IPO P/E ratio is , as compared to Tanvi Foods IPO P/E ratio of .
Shares Offered
In the Sarthak Metals IPO Retail Individual Investors (RII) are offered 17,20,000 shares while in Tanvi Foods IPO retail investors are offered 17,20,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Sarthak Metals IPO and 0 shares in Tanvi Foods IPO.
| | Sarthak Metals IPO | Tanvi Foods IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,96,000 shares | 56,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 17,20,000 shares | 5,22,000 shares |
| RII | 17,20,000 shares | 5,22,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 34,40,000 shares | 10,44,000 shares |
Bids Received (Subscription)
Sarthak Metals IPO subscribed 2.02x in total, whereas Tanvi Foods IPO subscribed 1.62x.
