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Aspire & Innovative IPO vs Blue Pebble IPO

Comparison between Aspire & Innovative IPO and Blue Pebble IPO.

IPO Details

Aspire & Innovative IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Blue Pebble IPO is a SME Bookbuilding proposed to list at NSE SME.

 Aspire & Innovative IPOBlue Pebble IPO
LogoAspire & Innovative IPO LogoBlue Pebble IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersHem Securities Ltd.Hem Securities Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerHem Finlease Pvt.Ltd.Hem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Aspire & Innovative IPO is up to ₹20.87 Cr whereas the issue size of the Blue Pebble IPO is up to ₹17.20 Cr. The final issue price of Aspire & Innovative IPO is ₹54.00 per share and of Blue Pebble IPO is ₹168.00 per share.

 Aspire & Innovative IPOBlue Pebble IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹51.00 per share₹159.00 per share
Issue Price (Upper)₹54.00 per share₹168.00 per share
Issue Price (Final)₹54.00 per share₹168.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares800 shares
Fresh Issue Size38,64,000 shares10,24,000 shares
Fresh Issue Size (Amount)up to ₹20.87 Crup to ₹17.20 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total38,64,000 shares10,24,000 shares
Issue Size Total (Amount)up to ₹20.87 Crup to ₹17.20 Cr

IPO Timetable

Aspire & Innovative IPO opens on Mar 26, 2024, while Blue Pebble IPO opens on Mar 26, 2024. The closing date of Aspire & Innovative IPO and Blue Pebble IPO is Mar 28, 2024, and Mar 28, 2024, respectively.

 Aspire & Innovative IPOBlue Pebble IPO
Anchor Bid DateMar 22, 2024Mar 22, 2024
Issue OpenMar 26, 2024Mar 26, 2024
Issue CloseMar 28, 2024Mar 28, 2024
Basis Of Allotment (Tentative)Apr 01, 2024Apr 01, 2024
Initiation of Refunds (Tentative)Apr 02, 2024Apr 02, 2024
Credit of Share (Tentative)Apr 02, 2024Apr 02, 2024
Listing date (Tentative)Apr 03, 2024Apr 03, 2024
Anchor Lockin End date 1May 01, 2024May 01, 2024
Anchor Lockin End date 2Jun 30, 2024Jun 30, 2024

Financials & KPIs

Aspire & Innovative IPO P/E ratio is 11.3, as compared to Blue Pebble IPO P/E ratio of 25.16.

 Aspire & Innovative IPOBlue Pebble IPO
Financials

Aspire & Innovative Advertising Limited Financial Information (Restated Standalone)

Aspire & Innovative Advertising Limited's revenue increased by 35.46% and profit after tax (PAT) rose by 21.38% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets8,135.726,256.995,328.013,492.07
Total Income17,710.2934,620.1025,558.3010,833.44
Profit After Tax393.28530.85437.36227.75
Net Worth1,944.531,551.251,020.39520.98
Reserves and Surplus833.531,440.15909.29519.98
Total Borrowing1,160.89881.53111.0255.91
Amount in ₹ Lakhs

Blue Pebble Limited Financial Information (Restated)

Blue Pebble Limited's revenue increased by 190.98% and profit after tax (PAT) rose by 426.49% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets934.35876.36342.62299.88
Total Income1,322.681,594.96548.14421.04
Profit After Tax291.78200.3338.0520.06
Net Worth606.17314.39114.0676.01
Reserves and Surplus306.17313.39113.0675.01
Total Borrowing27.2837.2037.20
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)98.84100.00
Promoter Shareholding (Post-Issue)72.3573.52
P/E Ratio11.325.16
Market Cap₹81.96 Cr.₹68.54 Cr.
ROE22.50%63.39%
ROCE18.59%64.12%
Debt/Equity0.60
EPS₹4.78₹6.68
RoNW20.22%48.14%

Shares Offered

In the Aspire & Innovative IPO Retail Individual Investors (RII) are offered 13,54,000 shares while in Blue Pebble IPO retail investors are offered 13,54,000 shares. Qualified Institutional Buyers (QIB) are offered 7,74,000 shares in Aspire & Innovative IPO and 2,04,800 shares in Blue Pebble IPO.

 Aspire & Innovative IPOBlue Pebble IPO
Anchor Investor Reserveration11,56,000 shares3,05,600 shares
Market Maker Reserveration2,04,000 shares56,000 shares
QIB7,74,000 shares2,04,800 shares
NII5,80,000 shares1,54,400 shares
RII13,54,000 shares3,59,200 shares
Employee
Others
Total38,64,000 shares10,24,000 shares

Bids Received (Subscription)

Aspire & Innovative IPO subscribed 15.17x in total, whereas Blue Pebble IPO subscribed 56.32x.

 Aspire & Innovative IPOBlue Pebble IPO
QIB (times)5.21x21.77x
NII (times)25.60x97.31x
Big NII (times)
Small NII (times)
RII (times)16.39x58.40x
Employee (times)
Other (times)
Total (times)15.17x56.32x