Advait Infratech SME IPO vs Suratwwala Business IPO

Comparision between Advait Infratech SME IPO and Suratwwala Business IPO.

IPO Details

Advait Infratech SME IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Suratwwala Business IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Advait Infratech SME IPO	Suratwwala Business IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Isk Advisors Pvt Ltd	Hem Securities Limited
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 Suratwwala Business IPO is up to ₹6.90 Cr. The final issue price of Advait Infratech SME IPO is ₹51.00 per share and of Suratwwala Business IPO is ₹15.00 per share.

	Advait Infratech SME IPO	Suratwwala Business IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹51.00 per share	₹15.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	8000 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	46,00,000 shares
Issue Size Total (Amount)	up to ₹6.89 Cr	up to ₹6.90 Cr

IPO Timetable

Advait Infratech SME IPO opens on Sep 15, 2020, while Suratwwala Business IPO opens on Aug 03, 2020. The closing date of Advait Infratech SME IPO and Suratwwala Business IPO is Sep 18, 2020, and Aug 05, 2020, respectively.

	Advait Infratech SME IPO	Suratwwala Business IPO
Anchor Bid Date
Issue Open	Sep 15, 2020	Aug 03, 2020
Issue Close	Sep 18, 2020	Aug 05, 2020
Basis Of Allotment (Tentative)	Sep 25, 2020	Aug 10, 2020
Initiation of Refunds (Tentative)	Sep 28, 2020	Aug 11, 2020
Credit of Share (Tentative)	Sep 29, 2020	Aug 12, 2020
Listing date (Tentative)	Sep 28, 2020	Aug 13, 2020
Anchor Lockin End date 1	Oct 25, 2020	Sep 09, 2020
Anchor Lockin End date 2	Dec 24, 2020	Nov 08, 2020

Financials

Advait Infratech SME IPO P/E ratio is , as compared to Suratwwala Business IPO P/E ratio of 83.

Advait Infratech SME IPO

Suratwwala Business 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)
Particulars	For the year/period ended (Rs in Lakhs)
	31-March-20	31-Mar-19	31-Mar-18	31-Mar-17
Total Assets	5,390.82	4,487.52	3,129.14	2,752.49
Total Revenue	1,088.35	912.62	1,119.91	1,657.82
Profit After Tax	32.46	85.86	296.49	214.38

Promoter Shareholding (Pre-Issue)

99.99%

99.92%

Promoter Shareholding (Post-Issue)

73.51%

73.42%

P/E Ratio

Market Cap

₹26.01 Cr.

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 Suratwwala Business IPO retail investors are offered 6,75,000 shares. Qualified institutional buyers (QIB) are offered in Advait Infratech SME IPO and in Suratwwala Business IPO.

	Advait Infratech SME IPO	Suratwwala Business IPO
Anchor Investor Reserveration
Market Maker Reserveration	68,000 shares	2,40,000 shares
QIB
NII	6,75,000 shares	21,80,000 shares
RII	6,75,000 shares	21,80,000 shares
Employee
Others
Total	13,50,000 shares	43,60,000 shares

Bids Received (Subscription)

Advait Infratech SME IPO subscribed 1.92x in total, whereas Suratwwala Business IPO subscribed 1.31x.

	Advait Infratech SME IPO	Suratwwala Business IPO
QIB (times)
NII (times)	1.53x	2.35x
Big NII (times)
Small NII (times)
RII (times)	2.32x	0.28x
Employee (times)
Other (times)
Total (times)	1.92x	1.31x

Compare with others

Advait Infratech SME IPO	Suratwwala Business IPO
Sigma Solve IPO	GM Polyplast IPO
Veer Global Infraconstruction IPO	Atam Valves SME IPO
GM Polyplast IPO	SecMark SME IPO
Atam Valves SME IPO	Advait Infratech SME IPO
SecMark SME IPO	Hippo Cabs IPO
Hippo Cabs IPO	Bonlon Industries IPO
Suratwwala Business IPO	ksolves India IPO
Bonlon Industries IPO	Billwin Industries IPO
ksolves India IPO	DJ Mediaprint IPO
Billwin Industries IPO	Laxmi Goldorna IPO

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