Parin Furniture IPO vs Silgo Retail IPO

Comparision between Parin Furniture IPO and Silgo Retail IPO.

IPO Details

Parin Furniture IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Silgo Retail IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Parin Furniture IPO	Silgo Retail IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Hem Securities Limited	Aryaman Financial Services Limited
Registrar	Kfin Technologies Limited	Bigshare Services Pvt Ltd
Market Maker
DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Parin Furniture IPO is up to ₹18.90 Cr whereas the issue size of the Silgo Retail IPO is up to ₹4.88 Cr. The final issue price of Parin Furniture IPO is ₹63.00 per share and of Silgo Retail IPO is ₹36.00 per share.

	Parin Furniture IPO	Silgo Retail IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹60.00 per share
Issue Price (Upper)	₹63.00 per share
Issue Price (Final)	₹63.00 per share	₹36.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	3000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	30,00,000 shares	13,56,000 shares
Issue Size Total (Amount)	up to ₹18.90 Cr	up to ₹4.88 Cr

IPO Timetable

Parin Furniture IPO opens on Sep 26, 2018, while Silgo Retail IPO opens on Sep 27, 2018. The closing date of Parin Furniture IPO and Silgo Retail IPO is Sep 28, 2018, and Oct 03, 2018, respectively.

	Parin Furniture IPO	Silgo Retail IPO
Anchor Bid Date
Issue Open	Sep 26, 2018	Sep 27, 2018
Issue Close	Sep 28, 2018	Oct 03, 2018
Basis Of Allotment (Tentative)	Oct 04, 2018	Oct 08, 2018
Initiation of Refunds (Tentative)	Oct 05, 2018	Oct 09, 2018
Credit of Share (Tentative)	Oct 05, 2018	Oct 10, 2018
Listing date (Tentative)	Oct 09, 2018	Oct 10, 2018
Anchor Lockin End date 1	Nov 03, 2018	Nov 07, 2018
Anchor Lockin End date 2	Jan 02, 2019	Jan 06, 2019

Financials

Parin Furniture IPO P/E ratio is , as compared to Silgo Retail IPO P/E ratio of .

Parin Furniture IPO

Silgo Retail IPO

Financial

Summary of financial Information (Restated Standalone)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	4,663.61	4,334.86	3,963.39	1,948.67	1,673.60
Total Revenue	6,459.34	5,994.04	6,178.46	2,875.78	3,002.76
Profit After Tax	261.78	135.54	101.57	27.53	60.82

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18
Total Assets	5,744.18
Total Revenue	6,532.36
Profit After Tax	416.62

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18	31-Mar-17	31-Mar-16
Total Assets	902.56	244.23	1.16
Total Revenue	1,646.51	497.62	--
Profit After Tax	94.75	18.15	--

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Parin Furniture IPO retail investors (RII) are offered 14,20,000 shares while in Silgo Retail IPO retail investors are offered 14,20,000 shares. Qualified institutional buyers (QIB) are offered in Parin Furniture IPO and in Silgo Retail IPO.

	Parin Furniture IPO	Silgo Retail IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,60,000 shares	72,000 shares
QIB
NII	14,20,000 shares	6,42,000 shares
RII	14,20,000 shares	6,42,000 shares
Employee
Others
Total	28,40,000 shares	12,84,000 shares

Bids Received (Subscription)

Parin Furniture IPO subscribed 2.45x in total, whereas Silgo Retail IPO subscribed 1.23x.

	Parin Furniture IPO	Silgo Retail IPO
QIB (times)
NII (times)	2.08x	1.96x
Big NII (times)
Small NII (times)
RII (times)	2.62x	0.50x
Employee (times)
Other (times)
Total (times)	2.45x	1.23x

Compare with others

Parin Furniture IPO	Silgo Retail IPO
Dolfin Rubbers IPO	Sun Retail IPO
Vinny Overseas IPO	Shubham Polyspin IPO
Kritika Wires IPO	Dolfin Rubbers IPO
Silgo Retail IPO	Vinny Overseas IPO
Marine Electricals IPO	Kritika Wires IPO
Rajnandini Metal IPO	Marine Electricals IPO
Mindpool Technologies IPO	Parin Furniture IPO
A1 Acid IPO	Rajnandini Metal IPO
Innovative Ideals IPO	Mindpool Technologies IPO
Mac Hotels IPO	A1 Acid IPO

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