Comparison between Sarthak Metals IPO and Tanvi Foods IPO.
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.
| Sarthak Metals IPO | Tanvi Foods IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Oneview Corporate Advisors Pvt.Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Guiness Securities Ltd. | Aryaman Capital Markets 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 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 (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹30.00 per share | ₹60.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| 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 |
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.
| Sarthak Metals IPO | Tanvi Foods IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 10, 2017 | Feb 17, 2017 |
| Issue Close | Mar 17, 2017 | Feb 22, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Mar 27, 2017 | Mar 02, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Sarthak Metals IPO P/E ratio is , as compared to Tanvi Foods IPO P/E ratio of .
| Sarthak Metals IPO | Tanvi Foods IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹41.07 Cr. | ₹24.70 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
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 in Sarthak Metals IPO and in Tanvi Foods IPO.
| Sarthak Metals IPO | Tanvi Foods IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,96,000 shares | 56,000 shares |
| QIB | ||
| NII | 17,20,000 shares | 5,22,000 shares |
| RII | 17,20,000 shares | 5,22,000 shares |
| Employee | ||
| Others | ||
| Total | 34,40,000 shares | 10,44,000 shares |
Sarthak Metals IPO subscribed 2.02x in total, whereas Tanvi Foods IPO subscribed 1.62x.
| Sarthak Metals IPO | Tanvi Foods IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 0.00x | 1.87x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.00x | 1.38x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.02x | 1.62x |
