Atam Valves SME IPO vs Suratwwala Business IPO

Comparision between Atam Valves SME IPO and Suratwwala Business IPO.

IPO Details

Atam Valves 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.

	Atam Valves 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	Fedex Securities Pvt Ltd	Hem Securities Limited
Registrar	Bigshare Services Pvt Ltd	Link Intime India Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL		IPO Allotment URL

Issue Size and Price

The total issue size of Atam Valves SME IPO is up to ₹4.50 Cr whereas the issue size of the Suratwwala Business IPO is up to ₹6.90 Cr. The final issue price of Atam Valves SME IPO is ₹40.00 per share and of Suratwwala Business IPO is ₹15.00 per share.

	Atam Valves SME IPO	Suratwwala Business IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹40.00 per share	₹15.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	8000 shares
Fresh Issue Size	11,25,000 shares
Fresh Issue Size (Amount)	up to ₹4.50 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	11,25,000 shares	46,00,000 shares
Issue Size Total (Amount)	up to ₹4.50 Cr	up to ₹6.90 Cr

IPO Timetable

Atam Valves SME IPO opens on Sep 18, 2020, while Suratwwala Business IPO opens on Aug 03, 2020. The closing date of Atam Valves SME IPO and Suratwwala Business IPO is Sep 25, 2020, and Aug 05, 2020, respectively.

	Atam Valves SME IPO	Suratwwala Business IPO
Anchor Bid Date
Issue Open	Sep 18, 2020	Aug 03, 2020
Issue Close	Sep 25, 2020	Aug 05, 2020
Basis Of Allotment (Tentative)	Sep 30, 2020	Aug 10, 2020
Initiation of Refunds (Tentative)	Oct 01, 2020	Aug 11, 2020
Credit of Share (Tentative)	Oct 05, 2020	Aug 12, 2020
Listing date (Tentative)	Oct 06, 2020	Aug 13, 2020
Anchor Lockin End date 1	Oct 30, 2020	Sep 09, 2020
Anchor Lockin End date 2	Dec 29, 2020	Nov 08, 2020

Financials

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

Atam Valves 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	1617.39	1,726.20	1,855.90
Total Revenue	1632.54	1,841.34	1,732.23
Profit After Tax	49.43	65.21	51.02

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)

72.73%

73.42%

P/E Ratio

Market Cap

₹26.01 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Atam Valves SME IPO retail investors (RII) are offered 5,62,500 shares while in Suratwwala Business IPO retail investors are offered 5,62,500 shares. Qualified institutional buyers (QIB) are offered in Atam Valves SME IPO and in Suratwwala Business IPO.

	Atam Valves SME IPO	Suratwwala Business IPO
Anchor Investor Reserveration
Market Maker Reserveration	57,000 shares	2,40,000 shares
QIB
NII	5,62,500 shares	21,80,000 shares
RII	5,62,500 shares	21,80,000 shares
Employee
Others
Total	11,25,000 shares	43,60,000 shares

Bids Received (Subscription)

Atam Valves SME IPO subscribed 2.91x in total, whereas Suratwwala Business IPO subscribed 1.31x.

	Atam Valves SME IPO	Suratwwala Business IPO
QIB (times)
NII (times)	2.48x	2.35x
Big NII (times)
Small NII (times)
RII (times)	3.35x	0.28x
Employee (times)
Other (times)
Total (times)	2.91x	1.31x

Compare with others

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

Comments

Add a public comment...