Comparison between Safa Systems IPO and Timescan Logistics IPO.
Safa Systems 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.
| Safa Systems IPO | Timescan Logistics IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Finshore Management Services Ltd. | Finshore Management Services Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Safa Systems IPO is up to ₹3.80 Cr whereas the issue size of the Timescan Logistics IPO is up to ₹4.57 Cr. The final issue price of Safa Systems IPO is ₹10.00 per share and of Timescan Logistics IPO is ₹51.00 per share.
| Safa Systems IPO | Timescan Logistics IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹10.00 per share | ₹51.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 10000 shares | 2000 shares |
| Fresh Issue Size | 38,00,000 shares | 8,96,000 shares |
| Fresh Issue Size (Amount) | up to ₹3.80 Cr | up to ₹4.57 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 38,00,000 shares | 8,96,000 shares |
| Issue Size Total (Amount) | up to ₹3.80 Cr | up to ₹4.57 Cr |
Safa Systems IPO opens on Jan 28, 2022, while Timescan Logistics IPO opens on Dec 31, 2021. The closing date of Safa Systems IPO and Timescan Logistics IPO is Feb 01, 2022, and Jan 04, 2022, respectively.
| Safa Systems IPO | Timescan Logistics IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jan 28, 2022 | Dec 31, 2021 |
| Issue Close | Feb 01, 2022 | Jan 04, 2022 |
| Basis Of Allotment (Tentative) | Feb 04, 2022 | Jan 07, 2022 |
| Initiation of Refunds (Tentative) | Feb 07, 2022 | Jan 10, 2022 |
| Credit of Share (Tentative) | Feb 08, 2022 | Jan 11, 2022 |
| Listing date (Tentative) | Feb 09, 2022 | Jan 12, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Safa Systems IPO P/E ratio is 29.41, as compared to Timescan Logistics IPO P/E ratio of 10.87.
| Safa Systems IPO | Timescan Logistics IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 99.88 | ||||
| Promoter Shareholding (Post-Issue) | 73.47 | 72.89 | ||||
| P/E Ratio | 29.41 | 10.87 | ||||
| Market Cap | ₹15.08 Cr. | ₹17.82 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 3.48 |
In the Safa Systems IPO Retail Individual Investors (RII) are offered 19,00,000 shares while in Timescan Logistics IPO retail investors are offered 19,00,000 shares. Qualified Institutional Buyers (QIB) are offered in Safa Systems IPO and in Timescan Logistics IPO.
| Safa Systems IPO | Timescan Logistics IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,00,000 shares | 48,000 shares |
| QIB | ||
| NII | 19,00,000 shares | 4,48,000 shares |
| RII | 19,00,000 shares | 4,48,000 shares |
| Employee | ||
| Others | ||
| Total | 38,00,000 shares | 8,96,000 shares |
Safa Systems IPO subscribed 52.71x in total, whereas Timescan Logistics IPO subscribed 115.86x.
| Safa Systems IPO | Timescan Logistics IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 64.61x | 141.38x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 40.81x | 90.34x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 52.71x | 115.86x |
