Comparison between Arrowhead Seperation Engineering IPO and Net Avenue Technologies IPO.
Arrowhead Seperation Engineering IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Net Avenue Technologies IPO is a SME Bookbuilding proposed to list at NSE SME.
| Arrowhead Seperation Engineering IPO | Net Avenue Technologies IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | Shreni Shares Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Aryaman Capital Markets Ltd. | Shreni Shares Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Arrowhead Seperation Engineering IPO is up to ₹12.30 Cr whereas the issue size of the Net Avenue Technologies IPO is up to ₹9.73 Cr. The final issue price of Arrowhead Seperation Engineering IPO is ₹233.00 per share and of Net Avenue Technologies IPO is ₹18.00 per share.
| Arrowhead Seperation Engineering IPO | Net Avenue Technologies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹1 per share |
| Issue Price (Lower) | ₹16.00 per share | |
| Issue Price (Upper) | ₹18.00 per share | |
| Issue Price (Final) | ₹233.00 per share | ₹18.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 600 shares | 8000 shares |
| Fresh Issue Size | 5,28,000 shares | 54,08,000 shares |
| Fresh Issue Size (Amount) | up to ₹12.30 Cr | up to ₹9.73 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 | 5,28,000 shares | 54,08,000 shares |
| Issue Size Total (Amount) | up to ₹12.30 Cr | up to ₹9.73 Cr |
Arrowhead Seperation Engineering IPO opens on Nov 16, 2023, while Net Avenue Technologies IPO opens on Nov 30, 2023. The closing date of Arrowhead Seperation Engineering IPO and Net Avenue Technologies IPO is Nov 20, 2023, and Dec 04, 2023, respectively.
| Arrowhead Seperation Engineering IPO | Net Avenue Technologies IPO | |
|---|---|---|
| Anchor Bid Date | Nov 29, 2023 | |
| Issue Open | Nov 16, 2023 | Nov 30, 2023 |
| Issue Close | Nov 20, 2023 | Dec 04, 2023 |
| Basis Of Allotment (Tentative) | Nov 23, 2023 | Dec 07, 2023 |
| Initiation of Refunds (Tentative) | Nov 24, 2023 | Dec 08, 2023 |
| Credit of Share (Tentative) | Nov 28, 2023 | Dec 11, 2023 |
| Listing date (Tentative) | Nov 28, 2023 | Dec 08, 2023 |
| Anchor Lockin End date 1 | Jan 06, 2024 | |
| Anchor Lockin End date 2 | Mar 06, 2024 |
Arrowhead Seperation Engineering IPO P/E ratio is 18.09, as compared to Net Avenue Technologies IPO P/E ratio of 8.57.
| Arrowhead Seperation Engineering IPO | Net Avenue Technologies IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 50 | 45.31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 35.09 | 33.28 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 18.09 | 8.57 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹43.60 Cr. | ₹38.62 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 105% | 127.77% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 30.94% | 5.28% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.30 | 1.18 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹12.88 | ₹2.10 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 68.75% | 75.53% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Arrowhead Seperation Engineering IPO Retail Individual Investors (RII) are offered 2,64,000 shares while in Net Avenue Technologies IPO retail investors are offered 2,64,000 shares. Qualified Institutional Buyers (QIB) are offered in Arrowhead Seperation Engineering IPO and 10,80,000 shares in Net Avenue Technologies IPO.
| Arrowhead Seperation Engineering IPO | Net Avenue Technologies IPO | |
|---|---|---|
| Anchor Investor Reservation | 16,16,000 shares | |
| Market Maker Reservation | 30,000 shares | 2,88,000 shares |
| QIB | 10,80,000 shares | |
| NII | 2,64,000 shares | 8,16,000 shares |
| RII | 2,64,000 shares | 18,96,000 shares |
| Employee | ||
| Others | ||
| Total | 5,28,000 shares | 54,08,000 shares |
Arrowhead Seperation Engineering IPO subscribed 94.79x in total, whereas Net Avenue Technologies IPO subscribed 511.21x.
| Arrowhead Seperation Engineering IPO | Net Avenue Technologies IPO | |
|---|---|---|
| QIB (times) | 61.99x | |
| NII (times) | 46.02x | 616.25x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 142.30x | 721.89x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 94.79x | 511.21x |
