Comparison between Focus Business Solution IPO and Times Green Energy IPO.
IPO Details
Focus Business Solution IPO is a SME Fixed Price IPO proposed to list at BSE SME while Times Green Energy IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Focus Business Solution IPO is up to ₹1.14 Cr whereas the issue size of the Times Green Energy IPO is up to ₹3.81 Cr. The final issue price of Focus Business Solution IPO is ₹19.00 per share and of Times Green Energy IPO is ₹61.00 per share.
IPO Timetable
Focus Business Solution IPO opens on Jun 30, 2021, while Times Green Energy IPO opens on Jun 16, 2021. The closing date of Focus Business Solution IPO and Times Green Energy IPO is Jul 05, 2021, and Jun 22, 2021, respectively.
| | Focus Business Solution IPO | Times Green Energy IPO |
|---|
| Issue Open | Jun 30, 2021 | Jun 16, 2021 |
| Issue Close | Jul 05, 2021 | Jun 22, 2021 |
| Basis Of Allotment (Tentative) | Jul 08, 2021 | Jun 25, 2021 |
| Initiation of Refunds (Tentative) | Jul 09, 2021 | Jun 28, 2021 |
| Credit of Share (Tentative) | Jul 12, 2021 | Jun 29, 2021 |
| Listing date (Tentative) | Jul 13, 2021 | Jun 30, 2021 |
Financials & KPIs
Focus Business Solution IPO P/E ratio is , as compared to Times Green Energy IPO P/E ratio of .
Shares Offered
In the Focus Business Solution IPO Retail Individual Investors (RII) are offered 3,00,000 shares while in Times Green Energy IPO retail investors are offered 3,00,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Focus Business Solution IPO and in Times Green Energy IPO.
| | Focus Business Solution IPO | Times Green Energy IPO |
|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 42,000 shares | 40,000 shares |
| QIB | 0 shares | |
| NII | 3,00,000 shares | 3,12,000 shares |
| RII | 3,00,000 shares | 3,12,000 shares |
| Employee | 0 shares | |
| Total | 6,00,000 shares | 6,24,000 shares |
Bids Received (Subscription)
Focus Business Solution IPO subscribed 6.66x in total, whereas Times Green Energy IPO subscribed 2.94x.