Sonam Clock IPO vs Waa Solar IPO

Comparision between Sonam Clock IPO and Waa Solar IPO.

IPO Details

Sonam Clock IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Waa Solar IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Sonam Clock IPO	Waa Solar IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Hem Securities Limited	Oneview Corporate Advisors Pvt. 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 Sonam Clock IPO is up to ₹10.11 Cr whereas the issue size of the Waa Solar IPO is up to ₹28.18 Cr. The final issue price of Sonam Clock IPO is ₹36.00 per share and of Waa Solar IPO is ₹161.00 per share.

	Sonam Clock IPO	Waa Solar IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹36.00 per share	₹161.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	800 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	28,08,000 shares	17,50,000 shares
Issue Size Total (Amount)	up to ₹10.11 Cr	up to ₹28.18 Cr

IPO Timetable

Sonam Clock IPO opens on Jun 01, 2018, while Waa Solar IPO opens on May 31, 2018. The closing date of Sonam Clock IPO and Waa Solar IPO is Jun 06, 2018, and Jun 04, 2018, respectively.

	Sonam Clock IPO	Waa Solar IPO
Anchor Bid Date
Issue Open	Jun 01, 2018	May 31, 2018
Issue Close	Jun 06, 2018	Jun 04, 2018
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Sonam Clock IPO P/E ratio is , as compared to Waa Solar IPO P/E ratio of .

Sonam Clock IPO

Waa Solar IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Total Assets	3,493.92	3,416.94	2,852.49	3,007.50	2,713.59
Total Revenue	3,903.16	3,682.35	3,405.67	3,355.35	3,371.47
Profit After Tax	80.70	268.11	40.99	57.52	45.53

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Total Assets	20,018.99	19,806.98	21,882.07	18,113.28	15,908.92
Total Revenue	2,607.24	4,689.97	5,426.30	2,900.85	2,773.49
Profit After Tax	427.50	633.98	1,152.70	538.07	828.28

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Sonam Clock IPO retail investors (RII) are offered 13,32,000 shares while in Waa Solar IPO retail investors are offered 13,32,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Sonam Clock IPO and 0 shares in Waa Solar IPO.

	Sonam Clock IPO	Waa Solar IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,44,000 shares	1,04,000 shares
QIB	0 shares	0 shares
NII	13,32,000 shares	8,23,000 shares
RII	13,32,000 shares	8,23,000 shares
Employee
Others
Total	28,08,000 shares	16,46,000 shares

Bids Received (Subscription)

Sonam Clock IPO subscribed 2.42x in total, whereas Waa Solar IPO subscribed 1.85x.

	Sonam Clock IPO	Waa Solar IPO
QIB (times)
NII (times)	1.04x	0.85x
Big NII (times)
Small NII (times)
RII (times)	3.80x	2.84x
Employee (times)
Other (times)
Total (times)	2.42x	1.85x

Compare with others

Sonam Clock IPO	Waa Solar IPO
Rudrabhishek Enterprises IPO	Ushanti Colour Chem IPO
Ushanti Colour Chem IPO	Supreme Engineering IPO
Supreme Engineering IPO	Priti International IPO
Priti International IPO	Accuracy Shipping IPO
Accuracy Shipping IPO	Sonam Clock IPO
Waa Solar IPO	ShreeOswal Seeds & Chemicals IPO
ShreeOswal Seeds & Chemicals IPO	Palm Jewels IPO
Palm Jewels IPO	Arihant Institute IPO
Arihant Institute IPO	Nakoda Group of Industries IPO
Nakoda Group of Industries IPO	Debock Sales IPO

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