Comparison between Arete 22 IPO and E to E Transportation Infrastructure IPO.
Arete 22 IPO is a SME Bookbuilding IPO proposed to list at NSE SME while E to E Transportation Infrastructure IPO is a SME Bookbuilding proposed to list at NSE SME.
| Arete 22 IPO | E to E Transportation Infrastructure IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Horizon Management Pvt.Ltd. | Hem Securities Ltd. |
| Registrar | MAS Services Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL |
The total issue size of Arete 22 IPO is up to ₹0.00 Cr whereas the issue size of the E to E Transportation Infrastructure IPO is up to ₹79.97 Cr. The final issue price of Arete 22 IPO is and of E to E Transportation Infrastructure IPO is ₹174.00 per share.
| Arete 22 IPO | E to E Transportation Infrastructure IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹164.00 per share | |
| Issue Price (Upper) | ₹174.00 per share | |
| Issue Price (Final) | ₹174.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 800 shares | |
| Fresh Issue Size | 56,50,000 shares | 45,96,000 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹79.97 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 56,50,000 shares | 45,96,000 shares |
| Issue Size Total (Amount) | up to ₹0.00 Cr | up to ₹79.97 Cr |
Arete 22 IPO opens on , while E to E Transportation Infrastructure IPO opens on Dec 26, 2025. The closing date of Arete 22 IPO and E to E Transportation Infrastructure IPO is , and Dec 30, 2025, respectively.
| Arete 22 IPO | E to E Transportation Infrastructure IPO | |
|---|---|---|
| Anchor Bid Date | Dec 24, 2025 | |
| Issue Open | Dec 26, 2025 | |
| Issue Close | Dec 30, 2025 | |
| Basis Of Allotment (Tentative) | Dec 31, 2025 | |
| Initiation of Refunds (Tentative) | Jan 01, 2026 | |
| Credit of Share (Tentative) | Jan 01, 2026 | |
| Listing date (Tentative) | Jan 02, 2026 | |
| Anchor Lockin End date 1 | Jan 30, 2026 | |
| Anchor Lockin End date 2 | Mar 31, 2026 |
Arete 22 IPO P/E ratio is , as compared to E to E Transportation Infrastructure IPO P/E ratio of 15.44.
| Arete 22 IPO | E to E Transportation Infrastructure IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)Arete 22 Ltd.'s revenue increased by 89% and profit after tax (PAT) rose by 473% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated)E to E Transportation Infrastructure Ltd.'s revenue increased by 47% and profit after tax (PAT) rose by 36% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 99.40 | 45.19 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 32.51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 15.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹300.28 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 86.12 | 15.72 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 12.62 | 15.69 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.57 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹12.65 | ₹11.27 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 60.20 | 12.39 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Arete 22 IPO Retail Individual Investors (RII) are offered 0 shares while in E to E Transportation Infrastructure IPO retail investors are offered 0 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Arete 22 IPO and 9,19,200 shares in E to E Transportation Infrastructure IPO.
| Arete 22 IPO | E to E Transportation Infrastructure IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 13,77,600 shares |
| Market Maker Reservation | 0 shares | 2,44,000 shares |
| QIB | 0 shares | 9,19,200 shares |
| NII | 0 shares | 6,89,600 shares |
| RII | 0 shares | 16,09,600 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 0 shares | 45,96,000 shares |
Arete 22 IPO subscribed in total, whereas E to E Transportation Infrastructure IPO subscribed 368.73x.
| Arete 22 IPO | E to E Transportation Infrastructure IPO | |
|---|---|---|
| QIB (times) | 236.30x | |
| NII (times) | 872.09x | |
| Big NII (times) | 1,028.23x | |
| Small NII (times) | 560.91x | |
| RII (times) | 544.28x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 368.73x |
