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Bikewo Green Tech IPO vs Sodhani Academy of Fintech IPO

Comparison between Bikewo Green Tech IPO and Sodhani Academy of Fintech IPO.

IPO Details

Bikewo Green Tech IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sodhani Academy of Fintech IPO is a SME Fixed Price proposed to list at BSE SME.

 Bikewo Green Tech IPOSodhani Academy of Fintech IPO
LogoBikewo Green Tech IPO LogoSodhani Academy of Fintech IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersKhandwala Securities Ltd.Srujan Alpha Capital Advisors LLP
RegistrarBigshare Services Pvt.Ltd.Cameo Corporate Services Ltd.
Market MakerAftertrade Broking Pvt.Ltd.Prabhat Financial Services Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Bikewo Green Tech IPO is up to ₹22.88 Cr whereas the issue size of the Sodhani Academy of Fintech IPO is up to ₹5.81 Cr. The final issue price of Bikewo Green Tech IPO is ₹62.00 per share and of Sodhani Academy of Fintech IPO is ₹40.00 per share.

 Bikewo Green Tech IPOSodhani Academy of Fintech 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₹40.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares3000 shares
Fresh Issue Size36,90,000 shares8,92,000 shares
Fresh Issue Size (Amount)up to ₹22.88 Crup to ₹3.57 Cr
OFS Issue Size0 shares5,60,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹2.24 Cr
Issue Size Total36,90,000 shares14,52,000 shares
Issue Size Total (Amount)up to ₹22.88 Crup to ₹5.81 Cr

IPO Timetable

Bikewo Green Tech IPO opens on Sep 20, 2024, while Sodhani Academy of Fintech IPO opens on Sep 12, 2024. The closing date of Bikewo Green Tech IPO and Sodhani Academy of Fintech IPO is Sep 24, 2024, and Sep 17, 2024, respectively.

 Bikewo Green Tech IPOSodhani Academy of Fintech IPO
Anchor Bid Date
Issue OpenSep 20, 2024Sep 12, 2024
Issue CloseSep 24, 2024Sep 17, 2024
Basis Of Allotment (Tentative)Sep 25, 2024Sep 18, 2024
Initiation of Refunds (Tentative)Sep 26, 2024Sep 19, 2024
Credit of Share (Tentative)Sep 26, 2024Sep 19, 2024
Listing date (Tentative)Sep 27, 2024Sep 23, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Bikewo Green Tech IPO P/E ratio is 33.95, as compared to Sodhani Academy of Fintech IPO P/E ratio of 10.32.

 Bikewo Green Tech IPOSodhani Academy of Fintech 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.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets3,151.351,962.41,497.41
Total Income2,514.212,061.861,391.71
Profit After Tax167.219.815.19
Net Worth1,676.7723.14713.34
Total Borrowing1,419.351,239.26784.07
Amount in ₹ Lakhs

Sodhani Academy of Fintech Enablers Limited Financial Information (Restated)

Sodhani Academy of Fintech Enablers Limited's revenue increased by 51% and profit after tax (PAT) rose by 32% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets660.04501.57363.2
Total Income306.95203.45188.19
Profit After Tax183.17138.6123.91
Net Worth656.22476.85338.25
Reserves and Surplus183.72341.85311.25
Total Borrowing2.654.1
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)89.0099.99
Promoter Shareholding (Post-Issue)62.4873.12
P/E Ratio33.9510.32
Market Cap₹80.87 Cr.₹22.78 Cr.
ROE13.94%27.91%
ROCE10.87%36.77%
Debt/Equity
EPS₹1.83₹3.88
RoNW13.94%27.91%

Shares Offered

In the Bikewo Green Tech IPO Retail Individual Investors (RII) are offered 17,52,000 shares while in Sodhani Academy of Fintech 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 Sodhani Academy of Fintech IPO.

 Bikewo Green Tech IPOSodhani Academy of Fintech IPO
Anchor Investor Reserveration
Market Maker Reserveration1,96,000 shares78,000 shares
QIB1,86,000 shares
NII17,52,000 shares7,26,000 shares
RII17,52,000 shares7,26,000 shares
Employee
Others
Total36,90,000 shares14,52,000 shares

Bids Received (Subscription)

Bikewo Green Tech IPO subscribed 41.82x in total, whereas Sodhani Academy of Fintech IPO subscribed 438.72x.

 Bikewo Green Tech IPOSodhani Academy of Fintech IPO
QIB (times)43.03x
NII (times)22.48x511.34x
Big NII (times)
Small NII (times)
RII (times)61.04x358.47x
Employee (times)
Other (times)
Total (times)41.82x438.72x