Earum IPO vs SBC Exports IPO

Comparision between Earum IPO and SBC Exports IPO.

IPO Details

Earum IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while SBC Exports IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Earum IPO	SBC Exports 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	Hem Securities Limited	Navigant Corporate Advisors Ltd
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker
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 Earum IPO is up to ₹6.65 Cr whereas the issue size of the SBC Exports IPO is up to ₹6.56 Cr. The final issue price of Earum IPO is ₹36.00 per share and of SBC Exports IPO is ₹22.00 per share.

	Earum IPO	SBC Exports IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹36.00 per share	₹22.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	6000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	18,48,000 shares	29,82,000 shares
Issue Size Total (Amount)	up to ₹6.65 Cr	up to ₹6.56 Cr

IPO Timetable

Earum IPO opens on Jun 21, 2019, while SBC Exports IPO opens on Jun 24, 2019. The closing date of Earum IPO and SBC Exports IPO is Jun 26, 2019, and Jun 26, 2019, respectively.

	Earum IPO	SBC Exports IPO
Anchor Bid Date
Issue Open	Jun 21, 2019	Jun 24, 2019
Issue Close	Jun 26, 2019	Jun 26, 2019
Basis Of Allotment (Tentative)	Jul 01, 2019	Jul 01, 2019
Initiation of Refunds (Tentative)	Jul 02, 2019	Jul 02, 2019
Credit of Share (Tentative)	Jul 03, 2019	Jul 03, 2019
Listing date (Tentative)	Jul 04, 2019	Jul 04, 2019
Anchor Lockin End date 1	Jul 31, 2019	Jul 31, 2019
Anchor Lockin End date 2	Sep 29, 2019	Sep 29, 2019

Financials

Earum IPO P/E ratio is , as compared to SBC Exports IPO P/E ratio of .

Earum IPO

SBC Exports IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Dec-18	31-Mar-18	31-Dec-17	31-Mar-16
Total Assets	2,741.00	2,052.88	1,108.45	878.71
Total Revenue	3,449.85	3,543.67	2,333.95	1,856.66
Profit After Tax	86.51	85.65	15.98	9.76

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Dec-18	31-Mar-18	31-Mar-17	31-Mar-16
Total Assets	2938.66	1892.70	925.87	479.55
Total Revenue	5848.51	6399.45	2865.70	2115.76
Profit After Tax	69.37	82.97	32.84	6.58

Promoter Shareholding (Pre-Issue)

100%

92.91%

Promoter Shareholding (Post-Issue)

70.04%

66.73%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Earum IPO retail investors (RII) are offered 8,76,000 shares while in SBC Exports IPO retail investors are offered 8,76,000 shares. Qualified institutional buyers (QIB) are offered in Earum IPO and in SBC Exports IPO.

	Earum IPO	SBC Exports IPO
Anchor Investor Reserveration
Market Maker Reserveration	96,000 shares	1,50,000 shares
QIB
NII	8,76,000 shares	14,16,000 shares
RII	8,76,000 shares	14,16,000 shares
Employee
Others
Total	17,52,000 shares	28,32,000 shares

Bids Received (Subscription)

Earum IPO subscribed 1.60x in total, whereas SBC Exports IPO subscribed 1.36x.

	Earum IPO	SBC Exports IPO
QIB (times)
NII (times)	1.72x	1.94x
Big NII (times)
Small NII (times)
RII (times)	1.48x	0.78x
Employee (times)
Other (times)
Total (times)	1.60x	1.36x

Compare with others

Earum IPO	SBC Exports IPO
Wonder Fibromats IPO	Shiv Aum IPO
City Pulse IPO	Wonder Fibromats IPO
SK International IPO	City Pulse IPO
AB Infrabuild IPO	SK International IPO
SBC Exports IPO	AB Infrabuild IPO
Parshva Enterprises IPO	Earum IPO
Anand Rayons IPO	Parshva Enterprises IPO
Meera Industries FPO	Anand Rayons IPO
Suich Industries IPO	Meera Industries FPO
Gensol Engineering IPO	Suich Industries IPO

Comments

Add a public comment...