Comparison between Sabar Flex IPO and Tapi Fruit Processing IPO.
IPO Details
Sabar Flex 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 Sabar Flex IPO is up to ₹4.25 Cr whereas the issue size of the Tapi Fruit Processing IPO is up to ₹4.92 Cr. The final issue price of Sabar Flex IPO is ₹11.00 per share and of Tapi Fruit Processing IPO is ₹48.00 per share.
IPO Timetable
Sabar Flex IPO opens on Sep 08, 2022, while Tapi Fruit Processing IPO opens on Sep 12, 2022. The closing date of Sabar Flex IPO and Tapi Fruit Processing IPO is Sep 13, 2022, and Sep 14, 2022, respectively.
| | Sabar Flex IPO | Tapi Fruit Processing IPO |
|---|
| Issue Open | Sep 08, 2022 | Sep 12, 2022 |
| Issue Close | Sep 13, 2022 | Sep 14, 2022 |
| Basis Of Allotment (Tentative) | Sep 16, 2022 | Sep 19, 2022 |
| Initiation of Refunds (Tentative) | Sep 19, 2022 | Sep 20, 2022 |
| Credit of Share (Tentative) | Sep 20, 2022 | Sep 21, 2022 |
| Listing date (Tentative) | Sep 21, 2022 | Sep 22, 2022 |
Financials & KPIs
Sabar Flex IPO P/E ratio is 9.48, as compared to Tapi Fruit Processing IPO P/E ratio of 120.
Shares Offered
In the Sabar Flex IPO Retail Individual Investors (RII) are offered 19,30,000 shares while in Tapi Fruit Processing IPO retail investors are offered 19,30,000 shares. Qualified Institutional Buyers (QIB) are offered in Sabar Flex IPO and in Tapi Fruit Processing IPO.
| | Sabar Flex IPO | Tapi Fruit Processing IPO |
|---|
| Market Maker Reservation | 2,10,000 shares | 60,000 shares |
| NII | 19,30,000 shares | 5,13,000 shares |
| RII | 19,30,000 shares | 5,13,000 shares |
| Total | 38,60,000 shares | 10,26,000 shares |
Bids Received (Subscription)
Sabar Flex IPO subscribed 85.47x in total, whereas Tapi Fruit Processing IPO subscribed 2.62x.