Aditya Ultra Steel IPO vs Namo eWaste Management IPO

Comparison between Aditya Ultra Steel IPO and Namo eWaste Management IPO.

IPO Details

Aditya Ultra Steel IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Namo eWaste Management IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Aditya Ultra Steel IPO is up to ₹43.59 Cr whereas the issue size of the Namo eWaste Management IPO is up to ₹48.63 Cr. The final issue price of Aditya Ultra Steel IPO is ₹62.00 per share and of Namo eWaste Management IPO is ₹85.00 per share.

 Aditya Ultra Steel IPONamo eWaste Management IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹59.00 per share₹80.00 per share
Issue Price (Upper)₹62.00 per share₹85.00 per share
Issue Price (Final)₹62.00 per share₹85.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1600 shares
Fresh Issue Size70,30,000 shares57,21,600 shares
Fresh Issue Size (Amount)up to ₹43.59 Crup to ₹48.63 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total70,30,000 shares57,21,600 shares
Issue Size Total (Amount)up to ₹43.59 Crup to ₹48.63 Cr

IPO Timetable

Aditya Ultra Steel IPO opens on Sep 09, 2024, while Namo eWaste Management IPO opens on Sep 04, 2024. The closing date of Aditya Ultra Steel IPO and Namo eWaste Management IPO is Sep 11, 2024, and Sep 06, 2024, respectively.

 Aditya Ultra Steel IPONamo eWaste Management IPO
Anchor Bid DateSep 03, 2024
Issue OpenSep 09, 2024Sep 04, 2024
Issue CloseSep 11, 2024Sep 06, 2024
Basis Of Allotment (Tentative)Sep 12, 2024Sep 09, 2024
Initiation of Refunds (Tentative)Sep 13, 2024Sep 10, 2024
Credit of Share (Tentative)Sep 13, 2024Sep 10, 2024
Listing date (Tentative)Sep 16, 2024Sep 11, 2024
Anchor Lockin End date 1Oct 09, 2024
Anchor Lockin End date 2Dec 08, 2024

Financials & KPIs

Aditya Ultra Steel IPO P/E ratio is 13.64, as compared to Namo eWaste Management IPO P/E ratio of 20.96.

 Aditya Ultra Steel IPONamo eWaste Management IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets147.5297.3591.57
Total Income588.56530.49515.98
Profit After Tax7.922.784.89
NET Worth37.5828.6625.88
Reserves and Surplus31.2927.4024.62
Total Borrowing54.2749.8446.95
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets62.7539.1241.74
Total Income101.0858.5645.09
Profit After Tax6.832.421.81
NET Worth35.2628.1525.77
Reserves and Surplus18.4221.0918.72
Total Borrowing14.533.455.98
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)97.9493.67
Promoter Shareholding (Post-Issue)68.7668.99
P/E Ratio13.6420.96
Market Cap₹153.98 Cr.₹194.37 Cr.
ROE23.9221.54
ROCE18.7520.71
Debt/Equity1.440.41
EPS₹4.54₹4.05
RoNW21.0819.37

Shares Offered

In the Aditya Ultra Steel IPO Retail Individual Investors (RII) are offered 24,62,000 shares while in Namo eWaste Management IPO retail investors are offered 24,62,000 shares. Qualified Institutional Buyers (QIB) are offered 35,12,000 shares in Aditya Ultra Steel IPO and 11,44,000 shares in Namo eWaste Management IPO.

 Aditya Ultra Steel IPONamo eWaste Management IPO
Anchor Investor Reservation17,15,200 shares
Market Maker Reservation3,70,000 shares3,02,400 shares
QIB35,12,000 shares11,44,000 shares
NII10,56,000 shares8,59,200 shares
RII24,62,000 shares20,03,200 shares
Employee
Others
Total70,30,000 shares57,21,600 shares

Bids Received (Subscription)

Aditya Ultra Steel IPO subscribed 10.58x in total, whereas Namo eWaste Management IPO subscribed 158.00x.

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