Comparison between BLS E-Services IPO and Nova AgriTech IPO.
BLS E-Services IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Nova AgriTech IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of BLS E-Services IPO is up to ₹309.29 Cr whereas the issue size of the Nova AgriTech IPO is up to ₹143.81 Cr. The final issue price of BLS E-Services IPO is ₹135.00 per share and of Nova AgriTech IPO is ₹41.00 per share.
| BLS E-Services IPO | Nova AgriTech IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹2 per share |
| Issue Price (Lower) | ₹129.00 per share | ₹39.00 per share |
| Issue Price (Upper) | ₹135.00 per share | ₹41.00 per share |
| Issue Price (Final) | ₹135.00 per share | ₹41.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 108 shares | 365 shares |
| Fresh Issue Size | 2,30,30,000 shares | 2,73,17,073 shares |
| Fresh Issue Size (Amount) | up to ₹309.29 Cr | up to ₹112.00 Cr |
| OFS Issue Size | 0 shares | 77,58,620 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹31.81 Cr |
| Issue Size Total | 2,30,30,000 shares | 3,50,75,693 shares |
| Issue Size Total (Amount) | up to ₹309.29 Cr | up to ₹143.81 Cr |
BLS E-Services IPO opens on Jan 30, 2024, while Nova AgriTech IPO opens on Jan 23, 2024. The closing date of BLS E-Services IPO and Nova AgriTech IPO is Feb 01, 2024, and Jan 25, 2024, respectively.
| BLS E-Services IPO | Nova AgriTech IPO | |
|---|---|---|
| Anchor Bid Date | Jan 29, 2024 | Jan 19, 2024 |
| Issue Open | Jan 30, 2024 | Jan 23, 2024 |
| Issue Close | Feb 01, 2024 | Jan 25, 2024 |
| Basis Of Allotment (Tentative) | Feb 02, 2024 | Jan 29, 2024 |
| Initiation of Refunds (Tentative) | Feb 05, 2024 | Jan 30, 2024 |
| Credit of Share (Tentative) | Feb 05, 2024 | Jan 30, 2024 |
| Listing date (Tentative) | Feb 06, 2024 | Jan 31, 2024 |
| Anchor Lockin End date 1 | Mar 03, 2024 | Feb 28, 2024 |
| Anchor Lockin End date 2 | May 02, 2024 | Apr 28, 2024 |
BLS E-Services IPO P/E ratio is 44.31, as compared to Nova AgriTech IPO P/E ratio of 13.05.
| BLS E-Services IPO | Nova AgriTech IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 93.80 | 84.27 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 68.90 | 59.39 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 44.31 | 13.05 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1226.56 Cr. | ₹379.33 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 33.33% | 38.27% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 30.62% | 27.25% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.05 | 1.11 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.05 | ₹3.14 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 16.46% | 32.08% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the BLS E-Services IPO Retail Individual Investors (RII) are offered 20,72,700 shares while in Nova AgriTech IPO retail investors are offered 20,72,700 shares. Qualified Institutional Buyers (QIB) are offered 62,18,154 shares in BLS E-Services IPO and 70,15,626 shares in Nova AgriTech IPO.
| BLS E-Services IPO | Nova AgriTech IPO | |
|---|---|---|
| Anchor Investor Reservation | 93,27,096 shares | 1,05,22,220 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 62,18,154 shares | 70,15,626 shares |
| NII | 31,09,050 shares | 52,61,354 shares |
| RII | 20,72,700 shares | 1,22,76,493 shares |
| Employee | 0 shares | |
| Others | ||
| Total | 2,30,30,000 shares | 3,50,75,693 shares |
BLS E-Services IPO subscribed 162.38x in total, whereas Nova AgriTech IPO subscribed 113.21x.
| BLS E-Services IPO | Nova AgriTech IPO | |
|---|---|---|
| QIB (times) | 123.30x | 81.13x |
| NII (times) | 300.05x | 233.03x |
| Big NII (times) | 305.27x | 231.40x |
| Small NII (times) | 289.59x | 236.27x |
| RII (times) | 236.53x | 80.20x |
| Employee (times) | ||
| Other (times) | 15.30x | |
| Total (times) | 162.38x | 113.21x |
