Comparison between 3C IT Solutions IPO and Z-Tech IPO.
IPO Details
3C IT Solutions IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Z-Tech IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of 3C IT Solutions IPO is up to ₹10.86 Cr whereas the issue size of the Z-Tech IPO is up to ₹35.43 Cr. The final issue price of 3C IT Solutions IPO is ₹52.00 per share and of Z-Tech IPO is ₹110.00 per share.
| | 3C IT Solutions IPO | Z-Tech IPO |
|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | | ₹104.00 per share |
| Issue Price (Upper) | | ₹110.00 per share |
| Issue Price (Final) | ₹52.00 per share | ₹110.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | | |
| Market Lot Size | 2000 shares | 1200 shares |
| Fresh Issue Size | 15,88,000 shares | 32,20,800 shares |
| Fresh Issue Size (Amount) | up to ₹8.26 Cr | up to ₹35.43 Cr |
| OFS Issue Size | 5,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹2.60 Cr | up to ₹0.00 Cr |
| Issue Size Total | 20,88,000 shares | 32,20,800 shares |
| Issue Size Total (Amount) | up to ₹10.86 Cr | up to ₹35.43 Cr |
IPO Timetable
3C IT Solutions IPO opens on Jun 04, 2024, while Z-Tech IPO opens on May 29, 2024. The closing date of 3C IT Solutions IPO and Z-Tech IPO is Jun 07, 2024, and May 31, 2024, respectively.
| | 3C IT Solutions IPO | Z-Tech IPO |
|---|
| Anchor Bid Date | | May 28, 2024 |
| Issue Open | Jun 04, 2024 | May 29, 2024 |
| Issue Close | Jun 07, 2024 | May 31, 2024 |
| Basis Of Allotment (Tentative) | Jun 10, 2024 | Jun 03, 2024 |
| Initiation of Refunds (Tentative) | Jun 11, 2024 | Jun 05, 2024 |
| Credit of Share (Tentative) | Jun 11, 2024 | Jun 05, 2024 |
| Listing date (Tentative) | Jun 12, 2024 | Jun 05, 2024 |
| Anchor Lockin End date 1 | | Jul 03, 2024 |
| Anchor Lockin End date 2 | | Sep 01, 2024 |
Financials & KPIs
3C IT Solutions IPO P/E ratio is 5.86, as compared to Z-Tech IPO P/E ratio of 13.27.
Shares Offered
In the 3C IT Solutions IPO Retail Individual Investors (RII) are offered 10,44,000 shares while in Z-Tech IPO retail investors are offered 10,44,000 shares. Qualified Institutional Buyers (QIB) are offered in 3C IT Solutions IPO and 6,44,400 shares in Z-Tech IPO.
| | 3C IT Solutions IPO | Z-Tech IPO |
|---|
| Anchor Investor Reservation | | 9,64,800 shares |
| Market Maker Reservation | 1,12,000 shares | 1,70,400 shares |
| QIB | | 6,44,400 shares |
| NII | 10,44,000 shares | 4,83,600 shares |
| RII | 10,44,000 shares | 11,28,000 shares |
| Employee | | |
| Others | | |
| Total | 20,88,000 shares | 32,20,800 shares |
Bids Received (Subscription)
3C IT Solutions IPO subscribed 20.21x in total, whereas Z-Tech IPO subscribed 260.14x.
