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AccelerateBS IPO vs Synoptics Technologies IPO

Comparison between AccelerateBS IPO and Synoptics Technologies IPO.

IPO Details

AccelerateBS IPO is a SME Fixed Price IPO proposed to list at BSE SME while Synoptics Technologies IPO is a SME Fixed Price proposed to list at NSE SME.

 AccelerateBS IPOSynoptics Technologies IPO
LogoAccelerateBS IPO LogoSynoptics Technologies IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersShreni Shares Ltd.First Overseas Capital Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerShreni Shares Ltd.NNM Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of AccelerateBS IPO is up to ₹5.39 Cr whereas the issue size of the Synoptics Technologies IPO is up to ₹51.33 Cr. The final issue price of AccelerateBS IPO is ₹90.00 per share and of Synoptics Technologies IPO is ₹237.00 per share.

 AccelerateBS IPOSynoptics Technologies IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹90.00 per share₹237.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1600 shares600 shares
Fresh Issue Size1,55,200 shares13,66,000 shares
Fresh Issue Size (Amount)up to ₹1.40 Crup to ₹32.37 Cr
OFS Issue Size4,43,200 shares8,00,000 shares
OFS Issue Size (Amount)up to ₹3.99 Crup to ₹18.96 Cr
Issue Size Total5,98,400 shares21,66,000 shares
Issue Size Total (Amount)up to ₹5.39 Crup to ₹51.33 Cr

IPO Timetable

AccelerateBS IPO opens on Jul 06, 2023, while Synoptics Technologies IPO opens on Jun 30, 2023. The closing date of AccelerateBS IPO and Synoptics Technologies IPO is Jul 11, 2023, and Jul 05, 2023, respectively.

 AccelerateBS IPOSynoptics Technologies IPO
Issue OpenJul 06, 2023Jun 30, 2023
Issue CloseJul 11, 2023Jul 05, 2023
Basis Of Allotment (Tentative)Jul 14, 2023Jul 10, 2023
Initiation of Refunds (Tentative)Jul 17, 2023Jul 11, 2023
Credit of Share (Tentative)Jul 18, 2023Jul 12, 2023
Listing date (Tentative)Jul 19, 2023Jul 13, 2023

Financials & KPIs

AccelerateBS IPO P/E ratio is 27.27, as compared to Synoptics Technologies IPO P/E ratio of 25.32.

 AccelerateBS IPOSynoptics Technologies IPO
Financials

Company Financials (Restated)

Period Ended31 Jan 202331 Mar 202231 Mar 202131 Mar 2020
Assets2.832.011.811.25
Total Income1.653.564.524.93
Profit After Tax0.260.260.430.68
NET Worth2.051.111.020.53
Total Borrowing0.340.450.24
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Dec 202231 Mar 202231 Mar 202131 Mar 2020
Assets53.8042.8037.6033.26
Total Income34.4750.9734.8022.11
Profit After Tax5.254.322.361.82
NET Worth24.0218.7714.4412.08
Reserves and Surplus17.0211.777.445.08
Total Borrowing19.5914.1011.9512.90
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)70.59%73.11%
P/E Ratio27.2725.32
Market Cap₹19.34 Cr.₹200.98 Cr.
ROE15.8021.87
ROCE19.4419.16
Debt/Equity0.160.82
EPS₹1.38₹4.65
RoNW12.7719.48

Shares Offered

In the AccelerateBS IPO Retail Individual Investors (RII) are offered 2,99,200 shares while in Synoptics Technologies IPO retail investors are offered 2,99,200 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in AccelerateBS IPO and in Synoptics Technologies IPO.

 AccelerateBS IPOSynoptics Technologies IPO
Anchor Investor Reservation0 shares
Market Maker Reservation33,600 shares1,14,000 shares
QIB0 shares
NII2,99,200 shares10,83,000 shares
RII2,99,200 shares10,83,000 shares
Employee0 shares
Total5,98,400 shares21,66,000 shares

Bids Received (Subscription)

AccelerateBS IPO subscribed 49.18x in total, whereas Synoptics Technologies IPO subscribed 2.56x.

 AccelerateBS IPOSynoptics Technologies IPO
NII (times)39.25x2.58x
RII (times)59.11x2.54x
Total (times)49.18x2.56x

Compare with others

AccelerateBS IPOSynoptics Technologies IPO
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Compare:

AccelerateBS IPO Vs Synoptics Technologies IPO