Prospect Commodities IPO vs Quality Foils (India) IPO

Comparision between Prospect Commodities IPO and Quality Foils (India) IPO.

IPO Details

Prospect Commodities IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Quality Foils (India) IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Prospect Commodities IPO	Quality Foils (India) 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	Interactive Financial Services Ltd	Khambatta Securities Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Beeline Broking Ltd.	Khambatta Securities Ltd.
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 Prospect Commodities IPO is up to ₹7.48 Cr whereas the issue size of the Quality Foils (India) IPO is up to ₹4.52 Cr. The final issue price of Prospect Commodities IPO is ₹61.00 per share and of Quality Foils (India) IPO is ₹60.00 per share.

	Prospect Commodities IPO	Quality Foils (India) IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹61.00 per share	₹60.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	2000 shares
Fresh Issue Size	12,26,000 shares	7,54,000 shares
Fresh Issue Size (Amount)	up to ₹7.48 Cr	up to ₹4.52 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	12,26,000 shares	7,54,000 shares
Issue Size Total (Amount)	up to ₹7.48 Cr	up to ₹4.52 Cr

IPO Timetable

Prospect Commodities IPO opens on Mar 08, 2023, while Quality Foils (India) IPO opens on Mar 14, 2023. The closing date of Prospect Commodities IPO and Quality Foils (India) IPO is Mar 13, 2023, and Mar 16, 2023, respectively.

	Prospect Commodities IPO	Quality Foils (India) IPO
Anchor Bid Date
Issue Open	Mar 08, 2023	Mar 14, 2023
Issue Close	Mar 13, 2023	Mar 16, 2023
Basis Of Allotment (Tentative)	Mar 16, 2023	Mar 21, 2023
Initiation of Refunds (Tentative)	Mar 17, 2023	Mar 22, 2023
Credit of Share (Tentative)	Mar 20, 2023	Mar 23, 2023
Listing date (Tentative)	Mar 20, 2023	Mar 24, 2023
Anchor Lockin End date 1	Apr 15, 2023	Apr 20, 2023
Anchor Lockin End date 2	Jun 14, 2023	Jun 19, 2023

Financials

Prospect Commodities IPO P/E ratio is 31.44, as compared to Quality Foils (India) IPO P/E ratio of 4.16.

Prospect Commodities IPO

Quality Foils (India) IPO

Financial

Prospect Commodities Limited Financial Information (Restated Standalone)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-22	1.05	0.00	-0.15	0.85	-0.15	0.05
30-Nov-22	977.07	839.98	52.85	293.70	52.70	363.57
Amount in ₹ Lakhs

Quality Foils (India) Limited Financial Information (Restated Standalone)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	6,606.53	15,210.77	107.87	1,773.53	1,633.53
31-Mar-21	6,536.53	12,436.67	95.86	1,869.39	1,729.39
31-Mar-22	7,834.55	18,030.63	161.88	2,031.27	1,891.27
30-Sep-22	7,135.21	10,471.59	205.99	2,237.26	2,097.26
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

88.44%

72.80%

Promoter Shareholding (Post-Issue)

61.94%

P/E Ratio

31.44

4.16

Market Cap

₹24.95 Cr.

₹17.12 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Prospect Commodities IPO retail investors (RII) are offered 5,82,000 shares while in Quality Foils (India) IPO retail investors are offered 5,82,000 shares. Qualified institutional buyers (QIB) are offered in Prospect Commodities IPO and in Quality Foils (India) IPO.

	Prospect Commodities IPO	Quality Foils (India) IPO
Anchor Investor Reserveration
Market Maker Reserveration	62,000 shares	38,000 shares
QIB
NII	5,82,000 shares	3,58,000 shares
RII	5,82,000 shares	3,58,000 shares
Employee
Others
Total	11,64,000 shares	7,16,000 shares

Bids Received (Subscription)

Prospect Commodities IPO subscribed 5.31x in total, whereas Quality Foils (India) IPO subscribed 364.38x.

	Prospect Commodities IPO	Quality Foils (India) IPO
QIB (times)
NII (times)	6.85x	464.50x
Big NII (times)
Small NII (times)
RII (times)	3.76x	259.65x
Employee (times)
Other (times)
Total (times)	5.31x	364.38x

Compare with others

Prospect Commodities IPO	Quality Foils (India) IPO
Dev Labtech Venture IPO	Nirman Agri Genetics IPO
Nirman Agri Genetics IPO	Labelkraft Technologies IPO
Labelkraft Technologies IPO	VELS Film International IPO
VELS Film International IPO	Bright Outdoor Media IPO
Bright Outdoor Media IPO	Prospect Commodities IPO
Quality Foils (India) IPO	Sudarshan Pharma Industries IPO
Sudarshan Pharma Industries IPO	Vertexplus Technologies IPO
Vertexplus Technologies IPO	MCON Rasayan IPO
MCON Rasayan IPO	Systango Technologies IPO
Systango Technologies IPO	Amanaya Ventures IPO

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