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Ascensive Educare IPO vs Wherrelz IT Solutions IPO

Comparison between Ascensive Educare IPO and Wherrelz IT Solutions IPO.

IPO Details

Ascensive Educare IPO is a SME Fixed Price IPO proposed to list at BSE SME while Wherrelz IT Solutions IPO is a SME Fixed Price proposed to list at BSE SME.

 Ascensive Educare IPOWherrelz IT Solutions IPO
LogoAscensive Educare IPO LogoWherrelz IT Solutions IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersGYR Capital Advisors Pvt.Ltd.Fedex Securities Pvt.Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerBeeline Broking Ltd.Gretex Share Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Ascensive Educare IPO is up to ₹2.14 Cr whereas the issue size of the Wherrelz IT Solutions IPO is up to ₹1.89 Cr. The final issue price of Ascensive Educare IPO is ₹26.00 per share and of Wherrelz IT Solutions IPO is ₹171.00 per share.

 Ascensive Educare IPOWherrelz IT Solutions IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹26.00 per share₹171.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size4000 shares800 shares
Fresh Issue Size8,24,000 shares1,10,400 shares
Fresh Issue Size (Amount)up to ₹2.14 Crup to ₹1.89 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total8,24,000 shares1,10,400 shares
Issue Size Total (Amount)up to ₹2.14 Crup to ₹1.89 Cr

IPO Timetable

Ascensive Educare IPO opens on Dec 30, 2021, while Wherrelz IT Solutions IPO opens on Dec 16, 2021. The closing date of Ascensive Educare IPO and Wherrelz IT Solutions IPO is Jan 04, 2022, and Dec 21, 2021, respectively.

 Ascensive Educare IPOWherrelz IT Solutions IPO
Anchor Bid Date
Issue OpenDec 30, 2021Dec 16, 2021
Issue CloseJan 04, 2022Dec 21, 2021
Basis Of Allotment (Tentative)Jan 07, 2022Dec 24, 2021
Initiation of Refunds (Tentative)Jan 10, 2022Dec 27, 2021
Credit of Share (Tentative)Jan 11, 2022Dec 28, 2021
Listing date (Tentative)Jan 12, 2022Dec 29, 2021
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Ascensive Educare IPO P/E ratio is 18.98, as compared to Wherrelz IT Solutions IPO P/E ratio of .

 Ascensive Educare IPOWherrelz IT Solutions IPO
Financials
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Millions)
30-Jun-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 139.73 123.45 106.46 82.24
Total Revenue 32.13 102.73 96.13 91.83
Profit After Tax 1.09 4.40 4.34 2.80
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Lakhs)
30-Jun-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 18.65 9.01 8.12 7.81
Total Revenue 7.43 20.47 22.12 20.13
Profit After Tax - 15.38 1.44 3.16 1.24
Promoter Shareholding (Pre-Issue)100.0029.41
Promoter Shareholding (Post-Issue)72.9520.53
P/E Ratio18.98
Market Cap₹8.34 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Ascensive Educare IPO Retail Individual Investors (RII) are offered 4,12,000 shares while in Wherrelz IT Solutions IPO retail investors are offered 4,12,000 shares. Qualified Institutional Buyers (QIB) are offered in Ascensive Educare IPO and in Wherrelz IT Solutions IPO.

 Ascensive Educare IPOWherrelz IT Solutions IPO
Anchor Investor Reserveration
Market Maker Reserveration44,000 shares7,200 shares
QIB
NII4,12,000 shares55,200 shares
RII4,12,000 shares55,200 shares
Employee
Others
Total8,24,000 shares1,10,400 shares

Bids Received (Subscription)

Ascensive Educare IPO subscribed 2.67x in total, whereas Wherrelz IT Solutions IPO subscribed 2.25x.

 Ascensive Educare IPOWherrelz IT Solutions IPO
QIB (times)
NII (times)1.24x1.65x
Big NII (times)
Small NII (times)
RII (times)4.11x2.86x
Employee (times)
Other (times)
Total (times)2.67x2.25x