Hi-Tech Pipes IPO vs Wealth First Portfolio IPO

Comparison between Hi-Tech Pipes IPO and Wealth First Portfolio IPO.

IPO Details

Hi-Tech Pipes IPO is a SME Fixed Price IPO proposed to list at NSE SME while Wealth First Portfolio IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Hi-Tech Pipes IPO is up to ₹12.96 Cr whereas the issue size of the Wealth First Portfolio IPO is up to ₹8.00 Cr. The final issue price of Hi-Tech Pipes IPO is ₹50.00 per share and of Wealth First Portfolio IPO is ₹50.00 per share.

 Hi-Tech Pipes IPOWealth First Portfolio IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹50.00 per share₹50.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares3000 shares
Fresh Issue Size25,92,000 shares15,99,000 shares
Fresh Issue Size (Amount)up to ₹12.96 Crup to ₹8.00 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total25,92,000 shares15,99,000 shares
Issue Size Total (Amount)up to ₹12.96 Crup to ₹8.00 Cr

IPO Timetable

Hi-Tech Pipes IPO opens on Feb 15, 2016, while Wealth First Portfolio IPO opens on Mar 10, 2016. The closing date of Hi-Tech Pipes IPO and Wealth First Portfolio IPO is Feb 19, 2016, and Mar 18, 2016, respectively.

 Hi-Tech Pipes IPOWealth First Portfolio IPO
Issue OpenFeb 15, 2016Mar 10, 2016
Issue CloseFeb 19, 2016Mar 18, 2016
Basis Of Allotment (Tentative)Feb 23, 2016Mar 23, 2016
Listing date (Tentative)Feb 25, 2016Mar 30, 2016

Financials & KPIs

Hi-Tech Pipes IPO P/E ratio is , as compared to Wealth First Portfolio IPO P/E ratio of .

Shares Offered

In the Hi-Tech Pipes IPO Retail Individual Investors (RII) are offered 12,96,000 shares while in Wealth First Portfolio IPO retail investors are offered 12,96,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Hi-Tech Pipes IPO and 0 shares in Wealth First Portfolio IPO.

 Hi-Tech Pipes IPOWealth First Portfolio IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,38,000 shares84,000 shares
QIB0 shares0 shares
NII12,96,000 shares7,98,000 shares
RII12,96,000 shares7,98,000 shares
Employee0 shares0 shares
Total25,92,000 shares15,96,000 shares

Bids Received (Subscription)

Hi-Tech Pipes IPO subscribed 2.63x in total, whereas Wealth First Portfolio IPO subscribed 1.44x.

 Hi-Tech Pipes IPOWealth First Portfolio IPO
NII (times)1.72x1.27x
RII (times)3.53x1.61x
Total (times)2.63x1.44x

Compare with others

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Hi-Tech Pipes IPO Vs Wealth First Portfolio IPO