EKI Energy Services IPO vs Siddhika Coatings IPO

Comparision between EKI Energy Services IPO and Siddhika Coatings IPO.

IPO Details

EKI Energy Services IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Siddhika Coatings IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	EKI Energy Services IPO	Siddhika Coatings IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Hem Securities Limited	Unistone Capital Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Skyline Financial Services Private Ltd
Market Maker	Hem Finlease Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of EKI Energy Services IPO is up to ₹18.60 Cr whereas the issue size of the Siddhika Coatings IPO is up to ₹4.70 Cr. The final issue price of EKI Energy Services IPO is ₹102.00 per share and of Siddhika Coatings IPO is ₹57.00 per share.

	EKI Energy Services IPO	Siddhika Coatings IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹100.00 per share
Issue Price (Upper)	₹102.00 per share
Issue Price (Final)	₹102.00 per share	₹57.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	2000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	18,24,000 shares	8,24,000 shares
Issue Size Total (Amount)	up to ₹18.60 Cr	up to ₹4.70 Cr

IPO Timetable

EKI Energy Services IPO opens on Mar 24, 2021, while Siddhika Coatings IPO opens on Mar 24, 2021. The closing date of EKI Energy Services IPO and Siddhika Coatings IPO is Mar 26, 2021, and Mar 26, 2021, respectively.

	EKI Energy Services IPO	Siddhika Coatings IPO
Anchor Bid Date
Issue Open	Mar 24, 2021	Mar 24, 2021
Issue Close	Mar 26, 2021	Mar 26, 2021
Basis Of Allotment (Tentative)	Apr 01, 2021
Initiation of Refunds (Tentative)	Apr 06, 2021
Credit of Share (Tentative)	Apr 06, 2021
Listing date (Tentative)	Apr 07, 2021
Anchor Lockin End date 1	May 01, 2021
Anchor Lockin End date 2	Jun 30, 2021

Financials

EKI Energy Services IPO P/E ratio is 11.51, as compared to Siddhika Coatings IPO P/E ratio of .

EKI Energy Services IPO

Siddhika Coatings IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in lakh)
	30-Sep-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	2,186.19	1,609.68	412.31	276.60
Total Revenue	5,996.34	6,601.90	1,988.13	701.01
Profit After Tax	538.58	447.45	68.04	26.91

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Lakh)
	30-Sep-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	2,142.26	2,302.13	2,054.86	1,535.18
Total Revenue	614.65	3,041.78	3,223.74	2,214.65
Profit After Tax	19.98	295.86	351.14	256.44

Promoter Shareholding (Pre-Issue)

100%

83.64%

Promoter Shareholding (Post-Issue)

P/E Ratio

11.51

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the EKI Energy Services IPO retail investors (RII) are offered 6,04,800 shares while in Siddhika Coatings IPO retail investors are offered 6,04,800 shares. Qualified institutional buyers (QIB) are offered 3,45,600 shares in EKI Energy Services IPO and in Siddhika Coatings IPO.

	EKI Energy Services IPO	Siddhika Coatings IPO
Anchor Investor Reserveration	5,17,200 shares
Market Maker Reserveration	91,200 shares	42,000 shares
QIB	3,45,600 shares
NII	2,60,400 shares	3,91,000 shares
RII	6,04,800 shares	3,91,000 shares
Employee
Others
Total	12,10,800 shares	7,82,000 shares

Bids Received (Subscription)

EKI Energy Services IPO subscribed 4.05x in total, whereas Siddhika Coatings IPO subscribed 2.60x.

	EKI Energy Services IPO	Siddhika Coatings IPO
QIB (times)	1.00x
NII (times)	10.25x	2.33x
Big NII (times)
Small NII (times)
RII (times)	3.13x	2.87x
Employee (times)
Other (times)
Total (times)	4.05x	2.60x

Compare with others

EKI Energy Services IPO	Siddhika Coatings IPO
Kuberan Global Edu Solutions IPO	Abhishek Integrations IPO
Jetmall spices and masala ipo	Kuberan Global Edu Solutions IPO
V-Marc India IPO	Jetmall spices and masala ipo
Rajeshwari Cans IPO	V-Marc India IPO
Siddhika Coatings IPO	Rajeshwari Cans IPO
NIKS Technology IPO	EKI Energy Services IPO
Rangoli Tradecomm IPO	NIKS Technology IPO
KMEW IPO	Rangoli Tradecomm IPO
Ashapuri Gold Ornament FPO	KMEW IPO
ADJIA Technologies IPO	Ashapuri Gold Ornament FPO

Comments

Add a public comment...