Advait Infratech SME IPO vs Sigma Solve IPO

Comparision between Advait Infratech SME IPO and Sigma Solve IPO.

IPO Details

Advait Infratech SME IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Sigma Solve IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Advait Infratech SME IPO	Sigma Solve IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Isk Advisors Pvt Ltd	Beeline Broking Ltd
Registrar	Kfin Technologies Limited	Link Intime India Private Ltd
Market Maker
DRHP	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 Advait Infratech SME IPO is up to ₹6.89 Cr whereas the issue size of the Sigma Solve IPO is up to ₹4.95 Cr. The final issue price of Advait Infratech SME IPO is ₹51.00 per share and of Sigma Solve IPO is ₹45.00 per share.

	Advait Infratech SME IPO	Sigma Solve IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹51.00 per share	₹45.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	3000 shares
Fresh Issue Size	13,50,000 shares
Fresh Issue Size (Amount)	up to ₹6.89 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	13,50,000 shares	11,01,000 shares
Issue Size Total (Amount)	up to ₹6.89 Cr	up to ₹4.95 Cr

IPO Timetable

Advait Infratech SME IPO opens on Sep 15, 2020, while Sigma Solve IPO opens on Sep 29, 2020. The closing date of Advait Infratech SME IPO and Sigma Solve IPO is Sep 18, 2020, and Oct 09, 2020, respectively.

	Advait Infratech SME IPO	Sigma Solve IPO
Anchor Bid Date
Issue Open	Sep 15, 2020	Sep 29, 2020
Issue Close	Sep 18, 2020	Oct 09, 2020
Basis Of Allotment (Tentative)	Sep 25, 2020	Oct 14, 2020
Initiation of Refunds (Tentative)	Sep 28, 2020	Oct 15, 2020
Credit of Share (Tentative)	Sep 29, 2020	Oct 15, 2020
Listing date (Tentative)	Sep 28, 2020	Oct 19, 2020
Anchor Lockin End date 1	Oct 25, 2020	Nov 13, 2020
Anchor Lockin End date 2	Dec 24, 2020	Jan 12, 2021

Financials

Advait Infratech SME IPO P/E ratio is , as compared to Sigma Solve IPO P/E ratio of .

Advait Infratech SME IPO

Sigma Solve IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (Rs in lakhs)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	5,155.62	4,436.72	3,315.84
Total Revenue	4581.26	2,852.38	4,531.70
Profit After Tax	54.04	249.02	620.59

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (Rs in Lacs)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	498.25	226.25	112.17
Total Revenue	568.83	348.79	257.47
Profit After Tax	65.02	34.57	23.36

Promoter Shareholding (Pre-Issue)

99.99%

100%

Promoter Shareholding (Post-Issue)

73.51%

73.24%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Advait Infratech SME IPO retail investors (RII) are offered 6,75,000 shares while in Sigma Solve IPO retail investors are offered 6,75,000 shares. Qualified institutional buyers (QIB) are offered in Advait Infratech SME IPO and in Sigma Solve IPO.

	Advait Infratech SME IPO	Sigma Solve IPO
Anchor Investor Reserveration
Market Maker Reserveration	68,000 shares	57,000 shares
QIB
NII	6,75,000 shares	5,22,000 shares
RII	6,75,000 shares	5,22,000 shares
Employee
Others
Total	13,50,000 shares	10,44,000 shares

Bids Received (Subscription)

Advait Infratech SME IPO subscribed 1.92x in total, whereas Sigma Solve IPO subscribed 1.59x.

	Advait Infratech SME IPO	Sigma Solve IPO
QIB (times)
NII (times)	1.53x	1.09x
Big NII (times)
Small NII (times)
RII (times)	2.32x	2.09x
Employee (times)
Other (times)
Total (times)	1.92x	1.59x

Compare with others

Advait Infratech SME IPO	Sigma Solve IPO
Sigma Solve IPO	Net Pix Shorts IPO
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GM Polyplast IPO	Bodhi Tree Multimedia IPO
Atam Valves SME IPO	Atal Realtech IPO
SecMark SME IPO	AAA Technologies IPO
Hippo Cabs IPO	Veer Global Infraconstruction IPO
Suratwwala Business IPO	GM Polyplast IPO
Bonlon Industries IPO	Atam Valves SME IPO
ksolves India IPO	SecMark SME IPO
Billwin Industries IPO	Advait Infratech SME IPO

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