Comparison between Canarys Automations IPO and WomanCart IPO.
IPO Details
Canarys Automations IPO is a SME Fixed Price IPO proposed to list at NSE SME while WomanCart IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Canarys Automations IPO is up to ₹44.68 Cr whereas the issue size of the WomanCart IPO is up to ₹9.08 Cr. The final issue price of Canarys Automations IPO is ₹31.00 per share and of WomanCart IPO is ₹86.00 per share.
| | Canarys Automations IPO | WomanCart IPO |
|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹29.00 per share | |
| Issue Price (Upper) | ₹31.00 per share | |
| Issue Price (Final) | ₹31.00 per share | ₹86.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 4000 shares | 1600 shares |
| Fresh Issue Size | 1,44,12,000 shares | 10,56,000 shares |
| Fresh Issue Size (Amount) | up to ₹44.68 Cr | up to ₹9.08 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 | 1,44,12,000 shares | 10,56,000 shares |
| Issue Size Total (Amount) | up to ₹44.68 Cr | up to ₹9.08 Cr |
IPO Timetable
Canarys Automations IPO opens on Sep 27, 2023, while WomanCart IPO opens on Oct 16, 2023. The closing date of Canarys Automations IPO and WomanCart IPO is Oct 03, 2023, and Oct 18, 2023, respectively.
| | Canarys Automations IPO | WomanCart IPO |
|---|
| Anchor Bid Date | Sep 26, 2023 | |
| Issue Open | Sep 27, 2023 | Oct 16, 2023 |
| Issue Close | Oct 03, 2023 | Oct 18, 2023 |
| Basis Of Allotment (Tentative) | Oct 06, 2023 | Oct 23, 2023 |
| Initiation of Refunds (Tentative) | Oct 09, 2023 | Oct 25, 2023 |
| Credit of Share (Tentative) | Oct 10, 2023 | Oct 26, 2023 |
| Listing date (Tentative) | Oct 11, 2023 | Oct 27, 2023 |
| Anchor Lockin End date 1 | Nov 05, 2023 | |
| Anchor Lockin End date 2 | Jan 04, 2024 | |
Financials & KPIs
Canarys Automations IPO P/E ratio is 15.82, as compared to WomanCart IPO P/E ratio of 50.67.
Shares Offered
In the Canarys Automations IPO Retail Individual Investors (RII) are offered 50,48,000 shares while in WomanCart IPO retail investors are offered 50,48,000 shares. Qualified Institutional Buyers (QIB) are offered 39,68,000 shares in Canarys Automations IPO and in WomanCart IPO.
| | Canarys Automations IPO | WomanCart IPO |
|---|
| Anchor Investor Reservation | 32,32,000 shares | |
| Market Maker Reservation | 7,60,000 shares | 56,000 shares |
| QIB | 39,68,000 shares | |
| NII | 21,64,000 shares | 5,28,000 shares |
| RII | 50,48,000 shares | 5,28,000 shares |
| Total | 1,44,12,000 shares | 10,56,000 shares |
Bids Received (Subscription)
Canarys Automations IPO subscribed 7.36x in total, whereas WomanCart IPO subscribed 64.12x.
