Comparison between Par Drugs IPO and White Organic Retail IPO.
IPO Details
Par Drugs IPO is a SME Fixed Price IPO proposed to list at NSE SME while White Organic Retail IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Par Drugs IPO is up to ₹8.10 Cr whereas the issue size of the White Organic Retail IPO is up to ₹14.68 Cr. The final issue price of Par Drugs IPO is ₹51.00 per share and of White Organic Retail IPO is ₹63.00 per share.
IPO Timetable
Par Drugs IPO opens on May 03, 2019, while White Organic Retail IPO opens on Apr 26, 2019. The closing date of Par Drugs IPO and White Organic Retail IPO is May 08, 2019, and May 02, 2019, respectively.
| | Par Drugs IPO | White Organic Retail IPO |
|---|
| Issue Open | May 03, 2019 | Apr 26, 2019 |
| Issue Close | May 08, 2019 | May 02, 2019 |
| Basis Of Allotment (Tentative) | May 13, 2019 | May 07, 2019 |
| Initiation of Refunds (Tentative) | May 14, 2019 | May 08, 2019 |
| Credit of Share (Tentative) | May 15, 2019 | May 09, 2019 |
| Listing date (Tentative) | May 16, 2019 | May 10, 2019 |
Financials & KPIs
Par Drugs IPO P/E ratio is , as compared to White Organic Retail IPO P/E ratio of .
Shares Offered
In the Par Drugs IPO Retail Individual Investors (RII) are offered 7,80,000 shares while in White Organic Retail IPO retail investors are offered 7,80,000 shares. Qualified Institutional Buyers (QIB) are offered in Par Drugs IPO and in White Organic Retail IPO.
| | Par Drugs IPO | White Organic Retail IPO |
|---|
| Market Maker Reservation | 84,000 shares | 1,24,000 shares |
| NII | 7,78,000 shares | 11,64,000 shares |
| RII | 7,80,000 shares | 11,66,000 shares |
| Employee | 30,000 shares | |
| Total | 15,88,000 shares | 23,30,000 shares |
Bids Received (Subscription)
Par Drugs IPO subscribed 5.64x in total, whereas White Organic Retail IPO subscribed 1.36x.
