Comparison between Bikewo Green Tech IPO and Pelatro IPO.
Bikewo Green Tech IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Pelatro IPO is a SME Bookbuilding proposed to list at NSE SME.
| Bikewo Green Tech IPO | Pelatro IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Khandwala Securities Ltd. | Cumulative Capital Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Aftertrade Broking Pvt.Ltd. | Shree Bahubali Stock Broking 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 Bikewo Green Tech IPO is up to ₹22.88 Cr whereas the issue size of the Pelatro IPO is up to ₹53.17 Cr. The final issue price of Bikewo Green Tech IPO is ₹62.00 per share and of Pelatro IPO is ₹200.00 per share.
| Bikewo Green Tech IPO | Pelatro IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹59.00 per share | ₹190.00 per share |
| Issue Price (Upper) | ₹62.00 per share | ₹200.00 per share |
| Issue Price (Final) | ₹62.00 per share | ₹200.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 2000 shares | 600 shares |
| Fresh Issue Size | 36,90,000 shares | 26,58,600 shares |
| Fresh Issue Size (Amount) | up to ₹22.88 Cr | up to ₹53.17 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 | 36,90,000 shares | 26,58,600 shares |
| Issue Size Total (Amount) | up to ₹22.88 Cr | up to ₹53.17 Cr |
Bikewo Green Tech IPO opens on Sep 20, 2024, while Pelatro IPO opens on Sep 16, 2024. The closing date of Bikewo Green Tech IPO and Pelatro IPO is Sep 24, 2024, and Sep 19, 2024, respectively.
| Bikewo Green Tech IPO | Pelatro IPO | |
|---|---|---|
| Anchor Bid Date | Sep 13, 2024 | |
| Issue Open | Sep 20, 2024 | Sep 16, 2024 |
| Issue Close | Sep 24, 2024 | Sep 19, 2024 |
| Basis Of Allotment (Tentative) | Sep 25, 2024 | Sep 20, 2024 |
| Initiation of Refunds (Tentative) | Sep 26, 2024 | Sep 20, 2024 |
| Credit of Share (Tentative) | Sep 26, 2024 | Sep 23, 2024 |
| Listing date (Tentative) | Sep 27, 2024 | Sep 24, 2024 |
| Anchor Lockin End date 1 | Oct 20, 2024 | |
| Anchor Lockin End date 2 | Dec 19, 2024 |
Bikewo Green Tech IPO P/E ratio is 33.95, as compared to Pelatro IPO P/E ratio of -77.78.
| Bikewo Green Tech IPO | Pelatro IPO | |||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 89 | 73.31 | ||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62.48 | 53.59 | ||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 33.95 | -77.78 | ||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹80.87 Cr. | ₹208.13 Cr. | ||||||||||||||||||||||||||||||||||||||||||||
| ROE | 13.94 | -15.48 | ||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 10.87 | 3.85 | ||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.55 | |||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.83 | ₹-2.57 | ||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 13.94 | -15.48 | ||||||||||||||||||||||||||||||||||||||||||||
In the Bikewo Green Tech IPO Retail Individual Investors (RII) are offered 17,52,000 shares while in Pelatro IPO retail investors are offered 17,52,000 shares. Qualified Institutional Buyers (QIB) are offered 1,86,000 shares in Bikewo Green Tech IPO and 5,21,400 shares in Pelatro IPO.
| Bikewo Green Tech IPO | Pelatro IPO | |
|---|---|---|
| Anchor Investor Reservation | 7,81,800 shares | |
| Market Maker Reservation | 1,96,000 shares | 1,40,400 shares |
| QIB | 1,86,000 shares | 5,21,400 shares |
| NII | 17,52,000 shares | 3,92,400 shares |
| RII | 17,52,000 shares | 9,13,200 shares |
| Employee | 49,800 shares | |
| Others | ||
| Total | 36,90,000 shares | 26,58,600 shares |
Bikewo Green Tech IPO subscribed 41.82x in total, whereas Pelatro IPO subscribed 15.49x.
| Bikewo Green Tech IPO | Pelatro IPO | |
|---|---|---|
| QIB (times) | 43.03x | 15.22x |
| NII (times) | 22.48x | 55.31x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 61.04x | 12.58x |
| Employee (times) | 0.00x | |
| Other (times) | ||
| Total (times) | 41.82x | 15.49x |
