Palm Jewels IPO vs Sorich Foils IPO

Comparision between Palm Jewels IPO and Sorich Foils IPO.

IPO Details

Palm Jewels IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Sorich Foils IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Palm Jewels IPO	Sorich Foils 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	First Overseas Capital Limited	Saffron Capital Advisors Private Limited
Registrar	Kfin Technologies Limited	Link Intime India Private Ltd
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 Palm Jewels IPO is up to ₹8.90 Cr whereas the issue size of the Sorich Foils IPO is up to ₹4.00 Cr. The final issue price of Palm Jewels IPO is ₹30.00 per share and of Sorich Foils IPO is ₹16.00 per share.

	Palm Jewels IPO	Sorich Foils IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹30.00 per share	₹16.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	4000 shares	8000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	29,68,000 shares	25,00,000 shares
Issue Size Total (Amount)	up to ₹8.90 Cr	up to ₹4.00 Cr

IPO Timetable

Palm Jewels IPO opens on May 25, 2018, while Sorich Foils IPO opens on May 24, 2018. The closing date of Palm Jewels IPO and Sorich Foils IPO is Jun 04, 2018, and May 25, 2018, respectively.

	Palm Jewels IPO	Sorich Foils IPO
Anchor Bid Date
Issue Open	May 25, 2018	May 24, 2018
Issue Close	Jun 04, 2018	May 25, 2018
Basis Of Allotment (Tentative)	Jun 06, 2018
Initiation of Refunds (Tentative)	Jun 07, 2018
Credit of Share (Tentative)	Jun 07, 2018
Listing date (Tentative)	Jun 12, 2018
Anchor Lockin End date 1	Jul 06, 2018
Anchor Lockin End date 2	Sep 04, 2018

Financials

Palm Jewels IPO P/E ratio is , as compared to Sorich Foils IPO P/E ratio of .

Palm Jewels IPO

Sorich Foils 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	163.08	36.62	35.93	34.87	33.54
Total Revenue	552.38	157.48	97.91	41.63	118.89
Profit After Tax	1.54	0.53	(0.35)	0.19	0.14

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	1,599.39	1,663.38	1,528.47	959.68	956.16
Total Revenue	2,659.08	2,689.88	2,506.66	2,285.93	1,963.30
Profit After Tax	32.85	18.86	22.48	20.37	23.96

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Palm Jewels IPO retail investors (RII) are offered 14,08,000 shares while in Sorich Foils IPO retail investors are offered 14,08,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Palm Jewels IPO and 0 shares in Sorich Foils IPO.

	Palm Jewels IPO	Sorich Foils IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,52,000 shares	2,00,000 shares
QIB	0 shares	0 shares
NII	14,08,000 shares	11,50,000 shares
RII	14,08,000 shares	11,50,000 shares
Employee
Others
Total	28,16,000 shares	25,00,000 shares

Bids Received (Subscription)

Palm Jewels IPO subscribed 1.16x in total, whereas Sorich Foils IPO subscribed 0.18x.

	Palm Jewels IPO	Sorich Foils IPO
QIB (times)
NII (times)	0.82x	0.23x
Big NII (times)
Small NII (times)
RII (times)	1.50x	0.13x
Employee (times)
Other (times)
Total (times)	1.16x	0.18x

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