ICL Organic Dairy Products IPO vs Tranway Technologies IPO

Comparison between ICL Organic Dairy Products IPO and Tranway Technologies IPO.

IPO Details

ICL Organic Dairy Products IPO is a SME Fixed Price IPO proposed to list at BSE SME while Tranway Technologies IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of ICL Organic Dairy Products IPO is up to ₹3.88 Cr whereas the issue size of the Tranway Technologies IPO is up to ₹4.02 Cr. The final issue price of ICL Organic Dairy Products IPO is ₹20.00 per share and of Tranway Technologies IPO is ₹10.00 per share.

 ICL Organic Dairy Products IPOTranway Technologies IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹20.00 per share₹10.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares10000 shares
Fresh Issue Size19,38,000 shares40,20,000 shares
Fresh Issue Size (Amount)up to ₹3.88 Crup to ₹4.02 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total19,38,000 shares40,20,000 shares
Issue Size Total (Amount)up to ₹3.88 Crup to ₹4.02 Cr

IPO Timetable

ICL Organic Dairy Products IPO opens on Jan 31, 2020, while Tranway Technologies IPO opens on Jan 27, 2020. The closing date of ICL Organic Dairy Products IPO and Tranway Technologies IPO is Feb 07, 2020, and Jan 29, 2020, respectively.

 ICL Organic Dairy Products IPOTranway Technologies IPO
Issue OpenJan 31, 2020Jan 27, 2020
Issue CloseFeb 07, 2020Jan 29, 2020
Basis Of Allotment (Tentative)Feb 11, 2020Feb 03, 2020
Initiation of Refunds (Tentative)Feb 12, 2020Feb 04, 2020
Credit of Share (Tentative)Feb 13, 2020Feb 05, 2020
Listing date (Tentative)Feb 17, 2020Feb 05, 2020

Financials & KPIs

ICL Organic Dairy Products IPO P/E ratio is 80, as compared to Tranway Technologies IPO P/E ratio of 90.

 ICL Organic Dairy Products IPOTranway Technologies IPO
Financials

Company Financials (Restated)

Period Ended31 Jul 201931 Mar 201931 Mar 201831 Mar 2017
Assets4.553.173.282.26
Total Income2.2315.7312.072.53
Profit After Tax0.050.280.350.05
EBITDA0.070.390.480.07
NET Worth3.002.950.450.10
Reserves and Surplus1.311.830.440.09
Total Borrowing1.402.582.11
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Sep 201931 Mar 201931 Mar 201831 Mar 2017
Assets2.712.142.421.08
Total Income2.295.183.943.12
Profit After Tax0.060.240.110.12
NET Worth0.620.550.310.20
Reserves and Surplus0.600.530.290.18
Total Borrowing1.721.331.550.57
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)72.71%99.98%
Promoter Shareholding (Post-Issue)47.99%59.99%
P/E Ratio8090
Market Cap₹12.00 Cr.₹10.60 Cr.

Shares Offered

In the ICL Organic Dairy Products IPO Retail Individual Investors (RII) are offered 9,72,000 shares while in Tranway Technologies IPO retail investors are offered 9,72,000 shares. Qualified Institutional Buyers (QIB) are offered in ICL Organic Dairy Products IPO and in Tranway Technologies IPO.

 ICL Organic Dairy Products IPOTranway Technologies IPO
Market Maker Reservation1,02,000 shares2,20,000 shares
NII9,66,000 shares20,10,000 shares
RII9,72,000 shares20,10,000 shares
Total19,38,000 shares40,20,000 shares

Bids Received (Subscription)

ICL Organic Dairy Products IPO subscribed 3.08x in total, whereas Tranway Technologies IPO subscribed 1.98x.

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ICL Organic Dairy Products IPO Vs Tranway Technologies IPO