Accent Microcell IPO vs Net Avenue Technologies IPO

Comparison between Accent Microcell IPO and Net Avenue Technologies IPO.

IPO Details

Accent Microcell IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Net Avenue Technologies IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Accent Microcell IPO is up to ₹74.48 Cr whereas the issue size of the Net Avenue Technologies IPO is up to ₹9.73 Cr. The final issue price of Accent Microcell IPO is ₹140.00 per share and of Net Avenue Technologies IPO is ₹18.00 per share.

 Accent Microcell IPONet Avenue Technologies IPO
Face Value₹10 per share₹1 per share
Issue Price (Lower)₹133.00 per share₹16.00 per share
Issue Price (Upper)₹140.00 per share₹18.00 per share
Issue Price (Final)₹140.00 per share₹18.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares8000 shares
Fresh Issue Size53,20,000 shares54,08,000 shares
Fresh Issue Size (Amount)up to ₹74.48 Crup to ₹9.73 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total53,20,000 shares54,08,000 shares
Issue Size Total (Amount)up to ₹74.48 Crup to ₹9.73 Cr

IPO Timetable

Accent Microcell IPO opens on Dec 08, 2023, while Net Avenue Technologies IPO opens on Nov 30, 2023. The closing date of Accent Microcell IPO and Net Avenue Technologies IPO is Dec 12, 2023, and Dec 04, 2023, respectively.

 Accent Microcell IPONet Avenue Technologies IPO
Anchor Bid DateDec 07, 2023Nov 29, 2023
Issue OpenDec 08, 2023Nov 30, 2023
Issue CloseDec 12, 2023Dec 04, 2023
Basis Of Allotment (Tentative)Dec 13, 2023Dec 07, 2023
Initiation of Refunds (Tentative)Dec 14, 2023Dec 08, 2023
Credit of Share (Tentative)Dec 14, 2023Dec 11, 2023
Listing date (Tentative)Dec 15, 2023Dec 08, 2023
Anchor Lockin End date 1Jan 12, 2024Jan 06, 2024
Anchor Lockin End date 2Mar 12, 2024Mar 06, 2024

Financials & KPIs

Accent Microcell IPO P/E ratio is 13.92, as compared to Net Avenue Technologies IPO P/E ratio of 8.57.

 Accent Microcell IPONet Avenue Technologies IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets122.15114.1094.6180.70
Total Income59.93206.97167.54134.82
Profit After Tax7.0613.015.894.80
NET Worth51.2544.2032.0926.63
Reserves and Surplus38.3131.2619.1922.33
Total Borrowing21.0622.7824.1030.64
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets13.1814.2012.957.70
Total Income7.8434.5132.7614.48
Profit After Tax0.941.762.620.23
NET Worth3.292.340.43-2.28
Reserves and Surplus3.072.110.20-2.51
Total Borrowing2.932.760.841.91
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)73.1345.31
Promoter Shareholding (Post-Issue)53.6733.28
P/E Ratio13.928.57
Market Cap₹294.60 Cr.₹38.62 Cr.
ROE34.11%127.77%
ROCE26.46%5.28%
Debt/Equity0.521.18
EPS₹10.06₹2.10
RoNW29.44%75.53%

Shares Offered

In the Accent Microcell IPO Retail Individual Investors (RII) are offered 18,62,000 shares while in Net Avenue Technologies IPO retail investors are offered 18,62,000 shares. Qualified Institutional Buyers (QIB) are offered 10,64,000 shares in Accent Microcell IPO and 10,80,000 shares in Net Avenue Technologies IPO.

 Accent Microcell IPONet Avenue Technologies IPO
Anchor Investor Reservation15,96,000 shares16,16,000 shares
Market Maker Reservation2,80,000 shares2,88,000 shares
QIB10,64,000 shares10,80,000 shares
NII7,98,000 shares8,16,000 shares
RII18,62,000 shares18,96,000 shares
Employee
Others
Total53,20,000 shares54,08,000 shares

Bids Received (Subscription)

Accent Microcell IPO subscribed 362.41x in total, whereas Net Avenue Technologies IPO subscribed 511.21x.

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Accent Microcell IPO Vs Net Avenue Technologies IPO