Comparison between 3C IT Solutions IPO and TBI Corn IPO.
3C IT Solutions IPO is a SME Bookbuilding IPO proposed to list at BSE SME while TBI Corn IPO is a SME Bookbuilding proposed to list at NSE SME.
| 3C IT Solutions IPO | TBI Corn IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Kreo Capital Pvt.Ltd. | Ekadrisht Capital Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Shreni Shares Ltd. | SS Corporate Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of 3C IT Solutions IPO is up to ₹10.86 Cr whereas the issue size of the TBI Corn IPO is up to ₹42.68 Cr. The final issue price of 3C IT Solutions IPO is ₹52.00 per share and of TBI Corn IPO is ₹94.00 per share.
| 3C IT Solutions IPO | TBI Corn IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹90.00 per share | |
| Issue Price (Upper) | ₹94.00 per share | |
| Issue Price (Final) | ₹52.00 per share | ₹94.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1200 shares |
| Fresh Issue Size | 15,88,000 shares | 45,40,800 shares |
| Fresh Issue Size (Amount) | up to ₹8.26 Cr | up to ₹42.68 Cr |
| OFS Issue Size | 5,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹2.60 Cr | up to ₹0.00 Cr |
| Issue Size Total | 20,88,000 shares | 45,40,800 shares |
| Issue Size Total (Amount) | up to ₹10.86 Cr | up to ₹42.68 Cr |
3C IT Solutions IPO opens on Jun 04, 2024, while TBI Corn IPO opens on May 31, 2024. The closing date of 3C IT Solutions IPO and TBI Corn IPO is Jun 07, 2024, and Jun 04, 2024, respectively.
| 3C IT Solutions IPO | TBI Corn IPO | |
|---|---|---|
| Anchor Bid Date | May 30, 2024 | |
| Issue Open | Jun 04, 2024 | May 31, 2024 |
| Issue Close | Jun 07, 2024 | Jun 04, 2024 |
| Basis Of Allotment (Tentative) | Jun 10, 2024 | Jun 05, 2024 |
| Initiation of Refunds (Tentative) | Jun 11, 2024 | Jun 06, 2024 |
| Credit of Share (Tentative) | Jun 11, 2024 | Jun 06, 2024 |
| Listing date (Tentative) | Jun 12, 2024 | Jun 07, 2024 |
| Anchor Lockin End date 1 | Jul 05, 2024 | |
| Anchor Lockin End date 2 | Sep 03, 2024 |
3C IT Solutions IPO P/E ratio is 5.86, as compared to TBI Corn IPO P/E ratio of 18.33.
| 3C IT Solutions IPO | TBI Corn IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | 3C IT Solutions & Telecoms (India) Limited Financial Information (Restated)3C IT Solutions & Telecoms (India) Limited's revenue decreased by -5.98% and profit after tax (PAT) rose by 2.45% between the financial year ending with March 31, 2023 and March 31, 2022.
| TBI Corn Limited Financial Information (Restated)TBI Corn Limited's revenue increased by 39.07% and profit after tax (PAT) rose by 1419.24% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 72.00 | 76.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 51.66 | 57.71 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 5.86 | 18.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹31.30 Cr. | ₹170.69 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 18.84% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 18.65% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.43 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.87 | ₹5.13 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 10.98% | 18.84% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the 3C IT Solutions IPO Retail Individual Investors (RII) are offered 10,44,000 shares while in TBI Corn IPO retail investors are offered 10,44,000 shares. Qualified Institutional Buyers (QIB) are offered in 3C IT Solutions IPO and 9,07,200 shares in TBI Corn IPO.
| 3C IT Solutions IPO | TBI Corn IPO | |
|---|---|---|
| Anchor Investor Reserveration | 13,58,400 shares | |
| Market Maker Reserveration | 1,12,000 shares | 2,40,000 shares |
| QIB | 9,07,200 shares | |
| NII | 10,44,000 shares | 6,82,800 shares |
| RII | 10,44,000 shares | 15,92,400 shares |
| Employee | ||
| Others | ||
| Total | 20,88,000 shares | 45,40,800 shares |
3C IT Solutions IPO subscribed 20.21x in total, whereas TBI Corn IPO subscribed 231.21x.
| 3C IT Solutions IPO | TBI Corn IPO | |
|---|---|---|
| QIB (times) | 81.41x | |
| NII (times) | 10.63x | 516.50x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 29.79x | 523.29x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 20.21x | 231.21x |
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