Atmastco IPO vs Wise Travel IPO

Comparison between Atmastco IPO and Wise Travel IPO.

IPO Details

Atmastco IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Wise Travel IPO is a SME Bookbuilding proposed to list at NSE SME.

	Atmastco IPO	Wise Travel IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Affinity Global Capital Market Pvt.Ltd.	Share India Capital Services Pvt.Ltd.
Registrar	Cameo Corporate Services Ltd.	Beetal Financial & Computer Services Pvt.Ltd.
Market Maker	Asnani Stock Broker Pvt.Ltd.	Share India Securities Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Atmastco IPO is up to ₹53.43 Cr whereas the issue size of the Wise Travel IPO is up to ₹88.24 Cr. The final issue price of Atmastco IPO is ₹77.00 per share and of Wise Travel IPO is ₹147.00 per share.

	Atmastco IPO	Wise Travel IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹140.00 per share
Issue Price (Upper)		₹147.00 per share
Issue Price (Final)	₹77.00 per share	₹147.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)		₹0.00 per share
Market Lot Size	1600 shares	1000 shares
Fresh Issue Size	51,13,600 shares	60,03,000 shares
Fresh Issue Size (Amount)	up to ₹39.37 Cr	up to ₹88.24 Cr
OFS Issue Size	18,25,600 shares	0 shares
OFS Issue Size (Amount)	up to ₹14.06 Cr	up to ₹0.00 Cr
Issue Size Total	69,39,200 shares	60,03,000 shares
Issue Size Total (Amount)	up to ₹53.43 Cr	up to ₹88.24 Cr

IPO Timetable

Atmastco IPO opens on Feb 15, 2024, while Wise Travel IPO opens on Feb 12, 2024. The closing date of Atmastco IPO and Wise Travel IPO is Feb 20, 2024, and Feb 14, 2024, respectively.

	Atmastco IPO	Wise Travel IPO
Anchor Bid Date		Feb 09, 2024
Issue Open	Feb 15, 2024	Feb 12, 2024
Issue Close	Feb 20, 2024	Feb 14, 2024
Basis Of Allotment (Tentative)	Feb 21, 2024	Feb 15, 2024
Initiation of Refunds (Tentative)	Feb 22, 2024	Feb 16, 2024
Credit of Share (Tentative)	Feb 22, 2024	Feb 16, 2024
Listing date (Tentative)	Feb 23, 2024	Feb 19, 2024
Anchor Lockin End date 1		Mar 16, 2024
Anchor Lockin End date 2		May 15, 2024

Financials & KPIs

Atmastco IPO P/E ratio is 11.6, as compared to Wise Travel IPO P/E ratio of 24.81.

Atmastco IPO

Wise Travel IPO

Financials

Atmastco Limited Financial Information (Restated Consolidated)

Atmastco Limited's revenue increased by 156.43% and profit after tax (PAT) rose by 295.58% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Aug 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	24,391.56	23,620.72	13,273.94	12,036.21
Total Income	6,700.16	24,278.76	9,468.14	6,990.68
Profit After Tax	628.74	1,277.75	323.00	60.46
Net Worth	6,259.03	5,520.33	4,235.23	3,912.23
Reserves and Surplus	4,763.72	4,039.20	2,754.10	2,431.10
Total Borrowing	7,317.46	7,125.68	5,155.92	5,410.48
Amount in ₹ Lakhs

Wise Travel India Limited Financial Information (Restated)

Wise Travel India Limited's revenue increased by 178.67% and profit after tax (PAT) rose by 172.5% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	13,427.82	12,161.21	6,002.64	5,271.17
Total Income	19,016.53	24,997.04	8,970.00	4,405.51
Profit After Tax	1,132.91	1,029.36	377.74	172.85
Net Worth	5,194.36	4,061.45	2,832.10	2,454.36
Reserves and Surplus	3,457.28	3,745.62	2,537.10	2,159.36
Total Borrowing	1,627.55	1,674.50	216.32	56.59
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

97.39

95.63

Promoter Shareholding (Post-Issue)

68.43

69.76

P/E Ratio

11.6

24.81

Market Cap

₹190.46 Cr.

₹350.03 Cr.

ROE

23.15%

29.79%

ROCE

29.91%

22.90%

Debt/Equity

0.48

0.65

EPS

₹6.64

₹5.91

RoNW

23.15%

25.28%

Shares Offered

In the Atmastco IPO Retail Individual Investors (RII) are offered 34,69,600 shares while in Wise Travel IPO retail investors are offered 34,69,600 shares. Qualified Institutional Buyers (QIB) are offered in Atmastco IPO and 11,91,000 shares in Wise Travel IPO.

	Atmastco IPO	Wise Travel IPO
Anchor Investor Reserveration		17,85,000 shares
Market Maker Reserveration	3,66,400 shares	4,38,000 shares
QIB		11,91,000 shares
NII	34,69,600 shares	8,94,000 shares
RII	34,69,600 shares	20,84,000 shares
Employee		49,000 shares
Others
Total	69,39,200 shares	60,03,000 shares

Bids Received (Subscription)

Atmastco IPO subscribed 17.61x in total, whereas Wise Travel IPO subscribed 163.46x.

	Atmastco IPO	Wise Travel IPO
QIB (times)		106.69x
NII (times)	14.92x	375.56x
Big NII (times)
Small NII (times)
RII (times)	18.24x	108.76x
Employee (times)
Other (times)
Total (times)	17.61x	163.46x

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