Comparison between Siddharth Education IPO and Tirupati Forge IPO.
Siddharth Education IPO is a SME Fixed Price IPO proposed to list at BSE SME while Tirupati Forge IPO is a SME Fixed Price proposed to list at NSE SME.
| Siddharth Education IPO | Tirupati Forge IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Gretex Corporate Services Ltd. | Pantomath Capital Advisors Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Gretex Share Broking Pvt.Ltd. | Pantomath Stock Brokers Pvt.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 Siddharth Education IPO is up to ₹10.33 Cr whereas the issue size of the Tirupati Forge IPO is up to ₹4.95 Cr. The final issue price of Siddharth Education IPO is ₹35.00 per share and of Tirupati Forge IPO is ₹29.00 per share.
| Siddharth Education IPO | Tirupati Forge IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹30.00 per share | |
| Issue Price (Upper) | ₹35.00 per share | |
| Issue Price (Final) | ₹35.00 per share | ₹29.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 4000 shares |
| Fresh Issue Size | 29,52,000 shares | 17,08,000 shares |
| Fresh Issue Size (Amount) | up to ₹10.33 Cr | up to ₹4.95 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 | 29,52,000 shares | 17,08,000 shares |
| Issue Size Total (Amount) | up to ₹10.33 Cr | up to ₹4.95 Cr |
Siddharth Education IPO opens on Sep 29, 2017, while Tirupati Forge IPO opens on Sep 29, 2017. The closing date of Siddharth Education IPO and Tirupati Forge IPO is Oct 05, 2017, and Oct 04, 2017, respectively.
| Siddharth Education IPO | Tirupati Forge IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 29, 2017 | Sep 29, 2017 |
| Issue Close | Oct 05, 2017 | Oct 04, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Oct 12, 2017 | Oct 12, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Siddharth Education IPO P/E ratio is , as compared to Tirupati Forge IPO P/E ratio of .
| Siddharth Education IPO | Tirupati Forge IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹40.60 Cr. | ₹16.85 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Siddharth Education IPO Retail Individual Investors (RII) are offered 14,76,000 shares while in Tirupati Forge IPO retail investors are offered 14,76,000 shares. Qualified Institutional Buyers (QIB) are offered in Siddharth Education IPO and in Tirupati Forge IPO.
| Siddharth Education IPO | Tirupati Forge IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,56,000 shares | 92,000 shares |
| QIB | ||
| NII | 14,76,000 shares | 8,54,000 shares |
| RII | 14,76,000 shares | 8,54,000 shares |
| Employee | ||
| Others | ||
| Total | 29,52,000 shares | 17,08,000 shares |
Siddharth Education IPO subscribed 1.35x in total, whereas Tirupati Forge IPO subscribed 6.94x.
| Siddharth Education IPO | Tirupati Forge IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.86x | 3.56x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.84x | 10.32x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.35x | 6.94x |
