Promax Power Limited IPO vs Samor Reality Limited IPO

Comparision between Promax Power Limited IPO and Samor Reality Limited IPO.

IPO Details

Promax Power Limited IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Samor Reality Limited IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Promax Power Limited IPO	Samor Reality Limited 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	Finshore Management Services Limited	Beeline Broking Ltd
Registrar	Cameo Corporate Services Limited	Kfin Technologies Limited
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 Promax Power Limited IPO is up to ₹1.60 Cr whereas the issue size of the Samor Reality Limited IPO is up to ₹8.06 Cr. The final issue price of Promax Power Limited IPO is ₹10.00 per share and of Samor Reality Limited IPO is ₹62.00 per share.

	Promax Power Limited IPO	Samor Reality Limited IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹10.00 per share	₹62.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	10000 shares	2000 shares
Fresh Issue Size	16,00,000 shares	13,00,000 shares
Fresh Issue Size (Amount)	up to ₹1.60 Cr	up to ₹8.06 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	16,00,000 shares	13,00,000 shares
Issue Size Total (Amount)	up to ₹1.60 Cr	up to ₹8.06 Cr

IPO Timetable

Promax Power Limited IPO opens on Sep 30, 2021, while Samor Reality Limited IPO opens on Sep 30, 2021. The closing date of Promax Power Limited IPO and Samor Reality Limited IPO is Oct 04, 2021, and Oct 05, 2021, respectively.

	Promax Power Limited IPO	Samor Reality Limited IPO
Anchor Bid Date
Issue Open	Sep 30, 2021	Sep 30, 2021
Issue Close	Oct 04, 2021	Oct 05, 2021
Basis Of Allotment (Tentative)	Oct 07, 2021
Initiation of Refunds (Tentative)	Oct 08, 2021
Credit of Share (Tentative)	Oct 11, 2021
Listing date (Tentative)	Oct 12, 2021
Anchor Lockin End date 1	Nov 06, 2021
Anchor Lockin End date 2	Jan 05, 2022

Financials

Promax Power Limited IPO P/E ratio is , as compared to Samor Reality Limited IPO P/E ratio of .

Promax Power Limited IPO

Samor Reality Limited IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	204.30	206.64	0.14
Total Revenue	368.89	77.63	NA
Profit After Tax	1.7839	3.1147	(0.0001)

Summary of financial Information (Restated Standalone)
Particulars	For the year/period ended (₹ in Millions)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	35.58	3.63	16.76
Total Revenue	96.44	10.73	83.30
Profit After Tax	1.04	(0.87)	1.11

Promoter Shareholding (Pre-Issue)

99.99%

76.50%

Promoter Shareholding (Post-Issue)

73.33%

53.37%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Promax Power Limited IPO retail investors (RII) are offered 7,60,000 shares while in Samor Reality Limited IPO retail investors are offered 7,60,000 shares. Qualified institutional buyers (QIB) are offered in Promax Power Limited IPO and in Samor Reality Limited IPO.

	Promax Power Limited IPO	Samor Reality Limited IPO
Anchor Investor Reserveration
Market Maker Reserveration	80,000 shares	68,000 shares
QIB
NII	7,60,000 shares	6,16,000 shares
RII	7,60,000 shares	6,16,000 shares
Employee
Others
Total	15,20,000 shares	12,32,000 shares

Bids Received (Subscription)

Promax Power Limited IPO subscribed 6.89x in total, whereas Samor Reality Limited IPO subscribed 1.74x.

	Promax Power Limited IPO	Samor Reality Limited IPO
QIB (times)
NII (times)	2.39x	2.55x
Big NII (times)
Small NII (times)
RII (times)	11.38x	0.94x
Employee (times)
Other (times)
Total (times)	6.89x	1.74x

Compare with others

Promax Power Limited IPO	Samor Reality Limited IPO
DK Enterprises Global IPO	Kotyark Industries IPO
CWD Limited IPO	DK Enterprises Global IPO
Adishakti Loha and Ispat IPO	CWD Limited IPO
Bombay Metrics Supply Chain IPO	Adishakti Loha and Ispat IPO
Samor Reality Limited IPO	Bombay Metrics Supply Chain IPO
Dynamic Services & Security IPO	Promax Power Limited IPO
Destiny Logistics & Infra IPO	Dynamic Services & Security IPO
Shri Venkatesh Refineries IPO	Destiny Logistics & Infra IPO
Jainam Ferro Alloys IPO	Shri Venkatesh Refineries IPO
Getalong Enterprise Limited IPO	Jainam Ferro Alloys IPO

Comments

Add a public comment...