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Steel City Securities IPO vs Tanvi Foods IPO

Comparison between Steel City Securities IPO and Tanvi Foods IPO.

IPO Details

Steel City Securities IPO is a SME Fixed Price IPO proposed to list at NSE SME while Tanvi Foods IPO is a SME Fixed Price proposed to list at BSE SME.

 Steel City Securities IPOTanvi Foods IPO
LogoSteel City Securities IPO LogoTanvi Foods IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersKeynote Financial Services Ltd.Aryaman Financial Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerKeynote Capitals Ltd.Aryaman Capital Markets Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Steel City Securities IPO is up to ₹25.64 Cr whereas the issue size of the Tanvi Foods IPO is up to ₹6.26 Cr. The final issue price of Steel City Securities IPO is ₹55.00 per share and of Tanvi Foods IPO is ₹60.00 per share.

 Steel City Securities IPOTanvi Foods IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹55.00 per share₹60.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares2000 shares
Fresh Issue Size24,80,183 shares6,16,000 shares
Fresh Issue Size (Amount)up to ₹13.64 Crup to ₹3.70 Cr
OFS Issue Size21,81,817 shares4,28,000 shares
OFS Issue Size (Amount)up to ₹12.00 Crup to ₹2.57 Cr
Issue Size Total46,62,000 shares10,44,000 shares
Issue Size Total (Amount)up to ₹25.64 Crup to ₹6.26 Cr

IPO Timetable

Steel City Securities IPO opens on Feb 06, 2017, while Tanvi Foods IPO opens on Feb 17, 2017. The closing date of Steel City Securities IPO and Tanvi Foods IPO is Feb 09, 2017, and Feb 22, 2017, respectively.

 Steel City Securities IPOTanvi Foods IPO
Anchor Bid Date
Issue OpenFeb 06, 2017Feb 17, 2017
Issue CloseFeb 09, 2017Feb 22, 2017
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)Feb 17, 2017Mar 02, 2017
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Steel City Securities IPO P/E ratio is , as compared to Tanvi Foods IPO P/E ratio of .

 Steel City Securities IPOTanvi Foods IPO
Financials
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Steel City Securities IPO Retail Individual Investors (RII) are offered 23,31,000 shares while in Tanvi Foods IPO retail investors are offered 23,31,000 shares. Qualified Institutional Buyers (QIB) are offered in Steel City Securities IPO and in Tanvi Foods IPO.

 Steel City Securities IPOTanvi Foods IPO
Anchor Investor Reserveration
Market Maker Reserveration2,46,000 shares56,000 shares
QIB
NII23,31,000 shares5,22,000 shares
RII23,31,000 shares5,22,000 shares
Employee
Others
Total46,62,000 shares10,44,000 shares

Bids Received (Subscription)

Steel City Securities IPO subscribed in total, whereas Tanvi Foods IPO subscribed .

 Steel City Securities IPOTanvi Foods IPO
QIB (times)
NII (times)
Big NII (times)
Small NII (times)
RII (times)
Employee (times)
Other (times)
Total (times)