Supreme Engineering IPO vs Waa Solar IPO

Comparison between Supreme Engineering IPO and Waa Solar IPO.

IPO Details

Supreme Engineering IPO is a SME Fixed Price IPO proposed to list at NSE SME while Waa Solar IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Supreme Engineering IPO is up to ₹16.88 Cr whereas the issue size of the Waa Solar IPO is up to ₹30.53 Cr. The final issue price of Supreme Engineering IPO is ₹27.00 per share and of Waa Solar IPO is ₹161.00 per share.

 Supreme Engineering IPOWaa Solar IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹27.00 per share
Issue Price (Upper)₹32.00 per share
Issue Price (Final)₹27.00 per share₹161.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares800 shares
Fresh Issue Size62,44,000 shares16,46,000 shares
Fresh Issue Size (Amount)up to ₹16.86 Crup to ₹26.50 Cr
OFS Issue Size8,000 shares2,50,000 shares
OFS Issue Size (Amount)up to ₹0.02 Crup to ₹4.03 Cr
Issue Size Total62,52,000 shares18,96,000 shares
Issue Size Total (Amount)up to ₹16.88 Crup to ₹30.53 Cr

IPO Timetable

Supreme Engineering IPO opens on Aug 24, 2018, while Waa Solar IPO opens on May 31, 2018. The closing date of Supreme Engineering IPO and Waa Solar IPO is Aug 29, 2018, and Jun 04, 2018, respectively.

 Supreme Engineering IPOWaa Solar IPO
Issue OpenAug 24, 2018May 31, 2018
Issue CloseAug 29, 2018Jun 04, 2018
Basis Of Allotment (Tentative)Sep 03, 2018Jun 07, 2018
Initiation of Refunds (Tentative)Sep 04, 2018
Credit of Share (Tentative)Sep 05, 2018
Listing date (Tentative)Sep 06, 2018Jun 12, 2018

Financials & KPIs

Supreme Engineering IPO P/E ratio is , as compared to Waa Solar IPO P/E ratio of .

 Supreme Engineering IPOWaa Solar IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets175.65141.74113.57
Total Income152.26120.86113.65
Profit After Tax4.652.151.12
NET Worth29.0316.7414.59
Reserves and Surplus10.6113.7411.59
Total Borrowing80.9684.9581.22
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Nov 201731 Mar 201731 Mar 201631 Mar 2015
Assets214.07200.19198.07218.82
Total Income16.2326.0746.9054.26
Profit After Tax1.624.286.3411.53
NET Worth115.48113.86109.5981.64
Reserves and Surplus115.21113.59109.3281.45
Total Borrowing89.0478.1377.24111.18
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)95.99%100%
Promoter Shareholding (Post-Issue)70.70%69.85%
Market Cap₹67.49 Cr.₹106.80 Cr.

Shares Offered

In the Supreme Engineering IPO Retail Individual Investors (RII) are offered 31,28,000 shares while in Waa Solar IPO retail investors are offered 31,28,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Supreme Engineering IPO and 0 shares in Waa Solar IPO.

 Supreme Engineering IPOWaa Solar IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation3,32,000 shares1,04,000 shares
QIB0 shares0 shares
NII31,24,000 shares9,48,000 shares
RII31,28,000 shares9,48,000 shares
Employee0 shares0 shares
Total62,52,000 shares18,96,000 shares

Bids Received (Subscription)

Supreme Engineering IPO subscribed 1.20x in total, whereas Waa Solar IPO subscribed 1.60x.

 Supreme Engineering IPOWaa Solar IPO
NII (times)1.40x0.74x
RII (times)1.00x2.46x
Total (times)1.20x1.60x

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Supreme Engineering IPO Vs Waa Solar IPO