Comparison between Bikewo Green Tech IPO and Popular Foundations IPO.
Bikewo Green Tech IPO is a SME Fixed Price IPO proposed to list at NSE SME while Popular Foundations IPO is a SME Fixed Price proposed to list at BSE SME.
| Bikewo Green Tech IPO | Popular Foundations IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Khandwala Securities Ltd. | Srujan Alpha Capital Advisors LLP |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Aftertrade Broking Pvt.Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| 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 Popular Foundations IPO is up to ₹18.87 Cr. The final issue price of Bikewo Green Tech IPO is ₹62.00 per share and of Popular Foundations IPO is ₹37.00 per share.
| Bikewo Green Tech IPO | Popular Foundations IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹59.00 per share | |
| Issue Price (Upper) | ₹62.00 per share | |
| Issue Price (Final) | ₹62.00 per share | ₹37.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 3000 shares |
| Fresh Issue Size | 36,90,000 shares | 51,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹22.88 Cr | up to ₹18.87 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 | 51,00,000 shares |
| Issue Size Total (Amount) | up to ₹22.88 Cr | up to ₹18.87 Cr |
Bikewo Green Tech IPO opens on Sep 20, 2024, while Popular Foundations IPO opens on Sep 13, 2024. The closing date of Bikewo Green Tech IPO and Popular Foundations IPO is Sep 24, 2024, and Sep 19, 2024, respectively.
| Bikewo Green Tech IPO | Popular Foundations IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 20, 2024 | Sep 13, 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 23, 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 | ||
| Anchor Lockin End date 2 |
Bikewo Green Tech IPO P/E ratio is 33.95, as compared to Popular Foundations IPO P/E ratio of 15.97.
| Bikewo Green Tech IPO | Popular Foundations IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 89 | 83.36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62.48 | 61.39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 33.95 | 15.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹80.87 Cr. | ₹75.40 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 13.94 | 23.17 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 10.87 | 22.77 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.83 | ₹2.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 13.94 | 15.03 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Bikewo Green Tech IPO Retail Individual Investors (RII) are offered 17,52,000 shares while in Popular Foundations 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 in Popular Foundations IPO.
| Bikewo Green Tech IPO | Popular Foundations IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,96,000 shares | 2,70,000 shares |
| QIB | 1,86,000 shares | |
| NII | 17,52,000 shares | 25,50,000 shares |
| RII | 17,52,000 shares | 25,50,000 shares |
| Employee | ||
| Others | ||
| Total | 36,90,000 shares | 51,00,000 shares |
Bikewo Green Tech IPO subscribed 41.82x in total, whereas Popular Foundations IPO subscribed 9.21x.
| Bikewo Green Tech IPO | Popular Foundations IPO | |
|---|---|---|
| QIB (times) | 43.03x | |
| NII (times) | 22.48x | 3.54x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 61.04x | 14.89x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 41.82x | 9.21x |
