Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Palm Jewels IPO vs Waa Solar IPO

Comparison between Palm Jewels IPO and Waa Solar IPO.

IPO Details

Palm Jewels IPO is a SME Fixed Price IPO proposed to list at BSE SME while Waa Solar IPO is a SME Fixed Price proposed to list at BSE SME.

 Palm Jewels IPOWaa Solar IPO
LogoPalm Jewels IPO LogoWaa Solar IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersFirst Overseas Capital Ltd.Oneview Corporate Advisors Pvt.Ltd.
RegistrarKfin Technologies Ltd.Bigshare Services Pvt.Ltd.
Market MakerBeeline Broking Ltd.Guiness Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Palm Jewels IPO is up to ₹8.45 Cr whereas the issue size of the Waa Solar IPO is up to ₹30.53 Cr. The final issue price of Palm Jewels IPO is ₹30.00 per share and of Waa Solar IPO is ₹161.00 per share.

 Palm Jewels IPOWaa Solar IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹30.00 per share₹161.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size4000 shares800 shares
Fresh Issue Size28,16,000 shares16,46,000 shares
Fresh Issue Size (Amount)up to ₹8.45 Crup to ₹26.50 Cr
OFS Issue Size0 shares2,50,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹4.03 Cr
Issue Size Total28,16,000 shares18,96,000 shares
Issue Size Total (Amount)up to ₹8.45 Crup to ₹30.53 Cr

IPO Timetable

Palm Jewels IPO opens on May 25, 2018, while Waa Solar IPO opens on May 31, 2018. The closing date of Palm Jewels IPO and Waa Solar IPO is Jun 04, 2018, and Jun 04, 2018, respectively.

 Palm Jewels IPOWaa Solar IPO
Anchor Bid Date
Issue OpenMay 25, 2018May 31, 2018
Issue CloseJun 04, 2018Jun 04, 2018
Basis Of Allotment (Tentative)Jun 06, 2018
Initiation of Refunds (Tentative)Jun 07, 2018
Credit of Share (Tentative)Jun 07, 2018
Listing date (Tentative)Jun 12, 2018Jun 12, 2018
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Palm Jewels IPO P/E ratio is , as compared to Waa Solar IPO P/E ratio of .

 Palm Jewels IPOWaa Solar IPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 163.08 36.62 35.93 34.87 33.54
Total Revenue 552.38 157.48 97.91 41.63 118.89
Profit After Tax 1.54 0.53 (0.35) 0.19 0.14
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 20,018.99 19,806.98 21,882.07 18,113.28 15,908.92
Total Revenue 2,607.24 4,689.97 5,426.30 2,900.85 2,773.49
Profit After Tax 427.50 633.98 1,152.70 538.07 828.28
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Palm Jewels IPO Retail Individual Investors (RII) are offered 14,08,000 shares while in Waa Solar IPO retail investors are offered 14,08,000 shares. Qualified Institutional Buyers (QIB) are offered in Palm Jewels IPO and in Waa Solar IPO.

 Palm Jewels IPOWaa Solar IPO
Anchor Investor Reserveration
Market Maker Reserveration1,52,000 shares1,04,000 shares
QIB
NII14,08,000 shares9,48,000 shares
RII14,08,000 shares9,48,000 shares
Employee
Others
Total28,16,000 shares18,96,000 shares

Bids Received (Subscription)

Palm Jewels IPO subscribed 1.16x in total, whereas Waa Solar IPO subscribed 1.85x.

 Palm Jewels IPOWaa Solar IPO
QIB (times)
NII (times)0.82x0.85x
Big NII (times)
Small NII (times)
RII (times)1.50x2.84x
Employee (times)
Other (times)
Total (times)1.16x1.85x