Apeejay Surrendra Park Hotels IPO vs Nova AgriTech IPO

Comparison between Apeejay Surrendra Park Hotels IPO and Nova AgriTech IPO.

IPO Details

Apeejay Surrendra Park Hotels IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Nova AgriTech IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Apeejay Surrendra Park Hotels IPO is up to ₹920.00 Cr whereas the issue size of the Nova AgriTech IPO is up to ₹143.81 Cr. The final issue price of Apeejay Surrendra Park Hotels IPO is ₹155.00 per share and of Nova AgriTech IPO is ₹41.00 per share.

 Apeejay Surrendra Park Hotels IPONova AgriTech IPO
Face Value₹1 per share₹2 per share
Issue Price (Lower)₹147.00 per share₹39.00 per share
Issue Price (Upper)₹155.00 per share₹41.00 per share
Issue Price (Final)₹155.00 per share₹41.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹7.00 per share
Market Lot Size96 shares365 shares
Fresh Issue Size3,87,22,118 shares2,73,17,073 shares
Fresh Issue Size (Amount)up to ₹600.16 Crup to ₹112.00 Cr
OFS Issue Size2,06,35,528 shares77,58,620 shares
OFS Issue Size (Amount)up to ₹319.84 Crup to ₹31.81 Cr
Issue Size Total5,93,57,646 shares3,50,75,693 shares
Issue Size Total (Amount)up to ₹920.00 Crup to ₹143.81 Cr

IPO Timetable

Apeejay Surrendra Park Hotels IPO opens on Feb 05, 2024, while Nova AgriTech IPO opens on Jan 23, 2024. The closing date of Apeejay Surrendra Park Hotels IPO and Nova AgriTech IPO is Feb 07, 2024, and Jan 25, 2024, respectively.

 Apeejay Surrendra Park Hotels IPONova AgriTech IPO
Anchor Bid DateFeb 02, 2024Jan 19, 2024
Issue OpenFeb 05, 2024Jan 23, 2024
Issue CloseFeb 07, 2024Jan 25, 2024
Basis Of Allotment (Tentative)Feb 08, 2024Jan 29, 2024
Initiation of Refunds (Tentative)Feb 09, 2024Jan 30, 2024
Credit of Share (Tentative)Feb 09, 2024Jan 30, 2024
Listing date (Tentative)Feb 12, 2024Jan 31, 2024
Anchor Lockin End date 1Mar 09, 2024Feb 28, 2024
Anchor Lockin End date 2May 08, 2024Apr 28, 2024

Financials & KPIs

Apeejay Surrendra Park Hotels IPO P/E ratio is 56.33, as compared to Nova AgriTech IPO P/E ratio of 13.05.

 Apeejay Surrendra Park Hotels IPONova AgriTech IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,382.511,361.791,275.181,280.34
Total Income272.31524.43267.83190.29
Profit After Tax22.9548.06-28.20-75.88
NET Worth578.71555.68508.51536.28
Reserves and Surplus561.24538.22491.05518.81
Total Borrowing597.09566.88622.68593.44
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202322 Mar 202231 Mar 2021
Assets196.37180.78160.30147.44
Total Income103.24210.93185.61160.93
Profit After Tax10.3820.4913.696.30
NET Worth74.2363.8843.1929.43
Reserves and Surplus60.9750.5930.1016.41
Total Borrowing68.5070.9664.2751.10
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)94.1884.27
Promoter Shareholding (Post-Issue)68.1359.39
P/E Ratio56.3313.05
Market Cap₹3307.26 Cr.₹379.33 Cr.
ROE38.27%
ROCE27.25%
Debt/Equity0.991.11
EPS₹2.75₹3.14
RoNW9.03%32.08%

Shares Offered

In the Apeejay Surrendra Park Hotels IPO Retail Individual Investors (RII) are offered 58,70,967 shares while in Nova AgriTech IPO retail investors are offered 58,70,967 shares. Qualified Institutional Buyers (QIB) are offered 1,76,12,904 shares in Apeejay Surrendra Park Hotels IPO and 70,15,626 shares in Nova AgriTech IPO.

 Apeejay Surrendra Park Hotels IPONova AgriTech IPO
Anchor Investor Reservation2,64,19,354 shares1,05,22,220 shares
Market Maker Reservation
QIB1,76,12,904 shares70,15,626 shares
NII88,06,451 shares52,61,354 shares
RII58,70,967 shares1,22,76,493 shares
Employee6,75,675 shares
Others
Total5,93,85,351 shares3,50,75,693 shares

Bids Received (Subscription)

Apeejay Surrendra Park Hotels IPO subscribed 62.91x in total, whereas Nova AgriTech IPO subscribed 113.21x.

 Apeejay Surrendra Park Hotels IPONova AgriTech IPO
QIB (times)79.23x81.13x
NII (times)55.26x233.03x
Big NII (times)61.55x231.40x
Small NII (times)42.68x236.27x
RII (times)32.00x80.20x
Employee (times)5.73x
Other (times)
Total (times)62.91x113.21x

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Apeejay Surrendra Park Hotels IPO Vs Nova AgriTech IPO