Comparison between Ascensive Educare IPO and Timescan Logistics IPO.
IPO Details
Ascensive Educare IPO is a SME Fixed Price IPO proposed to list at BSE SME while Timescan Logistics IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Ascensive Educare IPO is up to ₹2.14 Cr whereas the issue size of the Timescan Logistics IPO is up to ₹4.57 Cr. The final issue price of Ascensive Educare IPO is ₹26.00 per share and of Timescan Logistics IPO is ₹51.00 per share.
IPO Timetable
Ascensive Educare IPO opens on Dec 30, 2021, while Timescan Logistics IPO opens on Dec 31, 2021. The closing date of Ascensive Educare IPO and Timescan Logistics IPO is Jan 04, 2022, and Jan 04, 2022, respectively.
| | Ascensive Educare IPO | Timescan Logistics IPO |
|---|
| Issue Open | Dec 30, 2021 | Dec 31, 2021 |
| Issue Close | Jan 04, 2022 | Jan 04, 2022 |
| Basis Of Allotment (Tentative) | Jan 07, 2022 | Jan 07, 2022 |
| Initiation of Refunds (Tentative) | Jan 10, 2022 | Jan 10, 2022 |
| Credit of Share (Tentative) | Jan 11, 2022 | Jan 11, 2022 |
| Listing date (Tentative) | Jan 12, 2022 | Jan 12, 2022 |
Financials & KPIs
Ascensive Educare IPO P/E ratio is 18.98, as compared to Timescan Logistics IPO P/E ratio of 10.87.
Shares Offered
In the Ascensive Educare IPO Retail Individual Investors (RII) are offered 4,12,000 shares while in Timescan Logistics IPO retail investors are offered 4,12,000 shares. Qualified Institutional Buyers (QIB) are offered in Ascensive Educare IPO and in Timescan Logistics IPO.
| | Ascensive Educare IPO | Timescan Logistics IPO |
|---|
| Market Maker Reservation | 44,000 shares | 48,000 shares |
| NII | 4,12,000 shares | 4,48,000 shares |
| RII | 4,12,000 shares | 4,48,000 shares |
| Total | 8,24,000 shares | 8,96,000 shares |
Bids Received (Subscription)
Ascensive Educare IPO subscribed 2.67x in total, whereas Timescan Logistics IPO subscribed 115.86x.
