Comparison between Ishan International IPO and Tapi Fruit Processing IPO.
IPO Details
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.
Issue Size and Price
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.
IPO Timetable
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 |
|---|
| 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 |
Financials & KPIs
Ishan International IPO P/E ratio is 38.09, as compared to Tapi Fruit Processing IPO P/E ratio of 120.
Shares Offered
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 |
|---|
| Market Maker Reservation | 1,20,000 shares | 60,000 shares |
| NII | 10,80,000 shares | 5,13,000 shares |
| RII | 10,80,000 shares | 5,13,000 shares |
| Total | 21,60,000 shares | 10,26,000 shares |
Bids Received (Subscription)
Ishan International IPO subscribed 1.62x in total, whereas Tapi Fruit Processing IPO subscribed 2.62x.
