Comparison between Ishan International IPO and Tapi Fruit Processing IPO.
Ishan International IPO is a SME Fixed Price IPO proposed to list at NSE SME while Tapi Fruit Processing IPO is a SME Fixed Price proposed to list at NSE SME.
| Ishan International IPO | Tapi Fruit Processing IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | First Overseas Capital Ltd. | Fedex Securities Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | NNM Securities Pvt.Ltd. | Pure Broking Pvt.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 Ishan International IPO is up to ₹17.28 Cr whereas the issue size of the Tapi Fruit Processing IPO is up to ₹4.92 Cr. The final issue price of Ishan International IPO is ₹80.00 per share and of Tapi Fruit Processing IPO is ₹48.00 per share.
| Ishan International IPO | Tapi Fruit Processing IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹80.00 per share | ₹48.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 3000 shares |
| Fresh Issue Size | 21,60,000 shares | 10,26,000 shares |
| Fresh Issue Size (Amount) | up to ₹17.28 Cr | up to ₹4.92 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 21,60,000 shares | 10,26,000 shares |
| Issue Size Total (Amount) | up to ₹17.28 Cr | up to ₹4.92 Cr |
Ishan International IPO opens on Sep 09, 2022, while Tapi Fruit Processing IPO opens on Sep 12, 2022. The closing date of Ishan International IPO and Tapi Fruit Processing IPO is Sep 14, 2022, and Sep 14, 2022, respectively.
| Ishan International IPO | Tapi Fruit Processing IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 09, 2022 | Sep 12, 2022 |
| Issue Close | Sep 14, 2022 | Sep 14, 2022 |
| Basis Of Allotment (Tentative) | Sep 19, 2022 | Sep 19, 2022 |
| Initiation of Refunds (Tentative) | Sep 20, 2022 | Sep 20, 2022 |
| Credit of Share (Tentative) | Sep 21, 2022 | Sep 21, 2022 |
| Listing date (Tentative) | Sep 22, 2022 | Sep 22, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Ishan International IPO P/E ratio is 38.09, as compared to Tapi Fruit Processing IPO P/E ratio of 120.
| Ishan International IPO | Tapi Fruit Processing IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.61 | 99.94 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 65.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 38.09 | 120 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹57.66 Cr. | ₹18.79 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 12.40 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.58 | ₹6.24 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21 | 36.26 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Ishan International IPO Retail Individual Investors (RII) are offered 10,80,000 shares while in Tapi Fruit Processing IPO retail investors are offered 10,80,000 shares. Qualified Institutional Buyers (QIB) are offered in Ishan International IPO and in Tapi Fruit Processing IPO.
| Ishan International IPO | Tapi Fruit Processing IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,20,000 shares | 60,000 shares |
| QIB | ||
| NII | 10,80,000 shares | 5,13,000 shares |
| RII | 10,80,000 shares | 5,13,000 shares |
| Employee | ||
| Others | ||
| Total | 21,60,000 shares | 10,26,000 shares |
Ishan International IPO subscribed 1.62x in total, whereas Tapi Fruit Processing IPO subscribed 2.62x.
| Ishan International IPO | Tapi Fruit Processing IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.60x | 1.93x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.65x | 3.32x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.62x | 2.62x |
