City Crops Agro IPO vs On Door Concepts IPO

Comparison between City Crops Agro IPO and On Door Concepts IPO.

IPO Details

City Crops Agro IPO is a SME Fixed Price IPO proposed to list at BSE SME while On Door Concepts IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of City Crops Agro IPO is up to ₹14.25 Cr whereas the issue size of the On Door Concepts IPO is up to ₹29.38 Cr. The final issue price of City Crops Agro IPO is ₹25.00 per share and of On Door Concepts IPO is ₹208.00 per share.

 City Crops Agro IPOOn Door Concepts IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹25.00 per share₹208.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size6000 shares600 shares
Fresh Issue Size57,00,000 shares14,12,400 shares
Fresh Issue Size (Amount)up to ₹14.25 Crup to ₹29.38 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total57,00,000 shares14,12,400 shares
Issue Size Total (Amount)up to ₹14.25 Crup to ₹29.38 Cr

IPO Timetable

City Crops Agro IPO opens on Sep 26, 2023, while On Door Concepts IPO opens on Oct 23, 2023. The closing date of City Crops Agro IPO and On Door Concepts IPO is Sep 29, 2023, and Oct 27, 2023, respectively.

Financials & KPIs

City Crops Agro IPO P/E ratio is 22.03, as compared to On Door Concepts IPO P/E ratio of 4.56.

 City Crops Agro IPOOn Door Concepts IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets14.0312.992.47
Total Income24.6217.763.49
Profit After Tax1.170.480.04
NET Worth11.9410.770.05
Reserves and Surplus1.630.450.04
Total Borrowing0.020.050.01
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets90.0977.8265.63
Total Income180.15173.33183.06
Profit After Tax13.06-5.37-5.23
NET Worth51.21-66.25-60.88
Reserves and Surplus47.34-68.28-62.91
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)86.5151.92
Promoter Shareholding (Post-Issue)54.7038.14
P/E Ratio22.034.56
Market Cap₹40.79 Cr.₹117.49 Cr.
ROE25.51%
ROCE50.90%
Debt/Equity
EPS₹1.13₹56.77
RoNW9.80%25.51%

Shares Offered

In the City Crops Agro IPO Retail Individual Investors (RII) are offered 28,50,000 shares while in On Door Concepts IPO retail investors are offered 28,50,000 shares. Qualified Institutional Buyers (QIB) are offered in City Crops Agro IPO and in On Door Concepts IPO.

 City Crops Agro IPOOn Door Concepts IPO
Anchor Investor Reservation
Market Maker Reservation3,00,000 shares86,400 shares
QIB
NII28,50,000 shares7,06,200 shares
RII28,50,000 shares7,06,200 shares
Employee
Others
Total57,00,000 shares14,12,400 shares

Bids Received (Subscription)

City Crops Agro IPO subscribed 3.47x in total, whereas On Door Concepts IPO subscribed 5.59x.

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