SecMark SME IPO vs Sigma Solve IPO

Comparision between SecMark SME IPO and Sigma Solve IPO.

IPO Details

SecMark SME IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Sigma Solve IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	SecMark SME IPO	Sigma Solve 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	Indorient Financial Services Ltd	Beeline Broking Ltd
Registrar	Bigshare Services Pvt Ltd	Link Intime India Private 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 SecMark SME IPO is up to ₹15.04 Cr whereas the issue size of the Sigma Solve IPO is up to ₹4.95 Cr. The final issue price of SecMark SME IPO is ₹135.00 per share and of Sigma Solve IPO is ₹45.00 per share.

	SecMark SME IPO	Sigma Solve IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹135.00 per share	₹45.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	3000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	11,14,000 shares	11,01,000 shares
Issue Size Total (Amount)	up to ₹15.04 Cr	up to ₹4.95 Cr

IPO Timetable

SecMark SME IPO opens on Sep 18, 2020, while Sigma Solve IPO opens on Sep 29, 2020. The closing date of SecMark SME IPO and Sigma Solve IPO is Sep 23, 2020, and Oct 09, 2020, respectively.

	SecMark SME IPO	Sigma Solve IPO
Anchor Bid Date
Issue Open	Sep 18, 2020	Sep 29, 2020
Issue Close	Sep 23, 2020	Oct 09, 2020
Basis Of Allotment (Tentative)	Sep 28, 2020	Oct 14, 2020
Initiation of Refunds (Tentative)	Sep 30, 2020	Oct 15, 2020
Credit of Share (Tentative)	Sep 30, 2020	Oct 15, 2020
Listing date (Tentative)	Oct 01, 2020	Oct 19, 2020
Anchor Lockin End date 1	Oct 28, 2020	Nov 13, 2020
Anchor Lockin End date 2	Dec 27, 2020	Jan 12, 2021

Financials

SecMark SME IPO P/E ratio is , as compared to Sigma Solve IPO P/E ratio of .

SecMark SME IPO

Sigma Solve IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (Rs in lakhs)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	610.80	492.43	293.38
Total Revenue	574.74	389.99	329.33
Profit After Tax	116.32	96.97	86.59

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (Rs in Lacs)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	498.25	226.25	112.17
Total Revenue	568.83	348.79	257.47
Profit After Tax	65.02	34.57	23.36

Promoter Shareholding (Pre-Issue)

100%

Promoter Shareholding (Post-Issue)

72.99%

73.24%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the SecMark SME IPO retail investors (RII) are offered 5,57,000 shares while in Sigma Solve IPO retail investors are offered 5,57,000 shares. Qualified institutional buyers (QIB) are offered in SecMark SME IPO and in Sigma Solve IPO.

	SecMark SME IPO	Sigma Solve IPO
Anchor Investor Reserveration
Market Maker Reserveration		57,000 shares
QIB
NII	5,57,000 shares	5,22,000 shares
RII	5,57,000 shares	5,22,000 shares
Employee
Others
Total	11,14,000 shares	10,44,000 shares

Bids Received (Subscription)

SecMark SME IPO subscribed 1.24x in total, whereas Sigma Solve IPO subscribed 1.59x.

	SecMark SME IPO	Sigma Solve IPO
QIB (times)
NII (times)	1.12x	1.09x
Big NII (times)
Small NII (times)
RII (times)	1.35x	2.09x
Employee (times)
Other (times)
Total (times)	1.24x	1.59x

Compare with others

SecMark SME IPO	Sigma Solve IPO
AAA Technologies IPO	Net Pix Shorts IPO
Sigma Solve IPO	Shine Fashions IPO
Veer Global Infraconstruction IPO	Bodhi Tree Multimedia IPO
GM Polyplast IPO	Atal Realtech IPO
Atam Valves SME IPO	AAA Technologies IPO
Advait Infratech SME IPO	Veer Global Infraconstruction IPO
Hippo Cabs IPO	GM Polyplast IPO
Suratwwala Business IPO	Atam Valves SME IPO
Bonlon Industries IPO	SecMark SME IPO
ksolves India IPO	Advait Infratech SME IPO

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