Comparison between Bikewo Green Tech IPO and Phoenix Overseas IPO.
Bikewo Green Tech IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Phoenix Overseas IPO is a SME Bookbuilding proposed to list at NSE SME.
| Bikewo Green Tech IPO | Phoenix Overseas 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. | Khandwala Securities Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Aftertrade Broking Pvt.Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| 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 Phoenix Overseas IPO is up to ₹34.23 Cr. The final issue price of Bikewo Green Tech IPO is ₹62.00 per share and of Phoenix Overseas IPO is ₹64.00 per share.
| Bikewo Green Tech IPO | Phoenix Overseas IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹59.00 per share | ₹61.00 per share |
| Issue Price (Upper) | ₹62.00 per share | ₹64.00 per share |
| Issue Price (Final) | ₹62.00 per share | ₹64.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 2000 shares |
| Fresh Issue Size | 36,90,000 shares | 42,98,000 shares |
| Fresh Issue Size (Amount) | up to ₹22.88 Cr | up to ₹27.51 Cr |
| OFS Issue Size | 0 shares | 10,50,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹6.72 Cr |
| Issue Size Total | 36,90,000 shares | 53,48,000 shares |
| Issue Size Total (Amount) | up to ₹22.88 Cr | up to ₹34.23 Cr |
Bikewo Green Tech IPO opens on Sep 20, 2024, while Phoenix Overseas IPO opens on Sep 20, 2024. The closing date of Bikewo Green Tech IPO and Phoenix Overseas IPO is Sep 24, 2024, and Sep 24, 2024, respectively.
| Bikewo Green Tech IPO | Phoenix Overseas IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 20, 2024 | Sep 20, 2024 |
| Issue Close | Sep 24, 2024 | Sep 24, 2024 |
| Basis Of Allotment (Tentative) | Sep 25, 2024 | Sep 25, 2024 |
| Initiation of Refunds (Tentative) | Sep 26, 2024 | Sep 26, 2024 |
| Credit of Share (Tentative) | Sep 26, 2024 | Sep 26, 2024 |
| Listing date (Tentative) | Sep 27, 2024 | Sep 27, 2024 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Bikewo Green Tech IPO P/E ratio is 33.95, as compared to Phoenix Overseas IPO P/E ratio of 17.18.
| Bikewo Green Tech IPO | Phoenix Overseas IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | BikeWo GreenTech Limited Financial Information (Restated)BikeWo GreenTech Limited's revenue increased by 22% and profit after tax (PAT) rose by 1606% between the financial year ending with March 31, 2024 and March 31, 2023.
| Phoenix Overseas Limited Financial Information (Restated Standalone)Phoenix Overseas Limited's revenue increased by 22% and profit after tax (PAT) rose by 46% between the financial year ending with March 31, 2024 and March 31, 2023.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 89.00 | 99.16 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62.48 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 33.95 | 17.18 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹80.87 Cr. | ₹123.81 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 13.94% | 10.74% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 10.87% | 15.28% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.59 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.83 | ₹3.72 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 13.94% | 10.74% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Bikewo Green Tech IPO Retail Individual Investors (RII) are offered 17,52,000 shares while in Phoenix Overseas 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 8,00,000 shares in Phoenix Overseas IPO.
| Bikewo Green Tech IPO | Phoenix Overseas IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 1,96,000 shares | 2,82,000 shares |
| QIB | 1,86,000 shares | 8,00,000 shares |
| NII | 17,52,000 shares | 23,00,000 shares |
| RII | 17,52,000 shares | 22,48,000 shares |
| Employee | ||
| Others | ||
| Total | 36,90,000 shares | 53,48,000 shares |
Bikewo Green Tech IPO subscribed 41.82x in total, whereas Phoenix Overseas IPO subscribed 119.22x.
| Bikewo Green Tech IPO | Phoenix Overseas IPO | |
|---|---|---|
| QIB (times) | 43.03x | 65.74x |
| NII (times) | 22.48x | 109.71x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 61.04x | 148.43x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 41.82x | 119.22x |
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