Comparison between Aspire & Innovative IPO and Omfurn India FPO.
Aspire & Innovative IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Omfurn India FPO is a SME Bookbuilding proposed to list at NSE SME.
| Aspire & Innovative IPO | Omfurn India FPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | FPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | Gretex Corporate Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Gretex Share Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Aspire & Innovative IPO is up to ₹20.87 Cr whereas the issue size of the Omfurn India FPO is up to ₹25.65 Cr. The final issue price of Aspire & Innovative IPO is ₹54.00 per share and of Omfurn India FPO is ₹75.00 per share.
| Aspire & Innovative IPO | Omfurn India FPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹51.00 per share | ₹71.00 per share |
| Issue Price (Upper) | ₹54.00 per share | ₹75.00 per share |
| Issue Price (Final) | ₹54.00 per share | ₹75.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 2400 shares |
| Fresh Issue Size | 38,64,000 shares | 34,20,000 shares |
| Fresh Issue Size (Amount) | up to ₹20.87 Cr | up to ₹25.65 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 | 38,64,000 shares | 34,20,000 shares |
| Issue Size Total (Amount) | up to ₹20.87 Cr | up to ₹25.65 Cr |
Aspire & Innovative IPO opens on Mar 26, 2024, while Omfurn India FPO opens on Mar 20, 2024. The closing date of Aspire & Innovative IPO and Omfurn India FPO is Mar 28, 2024, and Mar 22, 2024, respectively.
| Aspire & Innovative IPO | Omfurn India FPO | |
|---|---|---|
| Anchor Bid Date | Mar 22, 2024 | Mar 19, 2024 |
| Issue Open | Mar 26, 2024 | Mar 20, 2024 |
| Issue Close | Mar 28, 2024 | Mar 22, 2024 |
| Basis Of Allotment (Tentative) | Apr 01, 2024 | Mar 26, 2024 |
| Initiation of Refunds (Tentative) | Apr 02, 2024 | Mar 27, 2024 |
| Credit of Share (Tentative) | Apr 02, 2024 | Mar 27, 2024 |
| Listing date (Tentative) | Apr 03, 2024 | Mar 28, 2024 |
| Anchor Lockin End date 1 | May 01, 2024 | Apr 25, 2024 |
| Anchor Lockin End date 2 | Jun 30, 2024 | Jun 24, 2024 |
Aspire & Innovative IPO P/E ratio is 11.3, as compared to Omfurn India FPO P/E ratio of 14.78.
| Aspire & Innovative IPO | Omfurn India FPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
| Omfurn India Limited FPO Financial Information (Restated)Omfurn India Limited FPO's revenue increased by 120.08% and profit after tax (PAT) rose by 593.65% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 98.84 | 73.40 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.35 | 50.96 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.3 | 14.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹81.96 Cr. | ₹88.31 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 22.50% | 10.10% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 18.59% | 10.28% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.60 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.78 | ₹5.08 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 20.22% | 10.10% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Aspire & Innovative IPO Retail Individual Investors (RII) are offered 13,54,000 shares while in Omfurn India FPO retail investors are offered 13,54,000 shares. Qualified Institutional Buyers (QIB) are offered 7,74,000 shares in Aspire & Innovative IPO and 11,73,600 shares in Omfurn India FPO.
| Aspire & Innovative IPO | Omfurn India FPO | |
|---|---|---|
| Anchor Investor Reserveration | 11,56,000 shares | 5,35,200 shares |
| Market Maker Reserveration | 2,04,000 shares | 1,80,000 shares |
| QIB | 7,74,000 shares | 11,73,600 shares |
| NII | 5,80,000 shares | 5,13,600 shares |
| RII | 13,54,000 shares | 11,97,600 shares |
| Employee | ||
| Others | ||
| Total | 38,64,000 shares | 34,20,000 shares |
Aspire & Innovative IPO subscribed 15.17x in total, whereas Omfurn India FPO subscribed 3.57x.
| Aspire & Innovative IPO | Omfurn India FPO | |
|---|---|---|
| QIB (times) | 5.21x | 1.00x |
| NII (times) | 25.60x | 3.02x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 16.39x | 6.33x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 15.17x | 3.57x |
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