Comparison between AVP Infracon IPO and Enser Communications IPO.
AVP Infracon IPO is a SME Fixed Price IPO proposed to list at NSE SME while Enser Communications IPO is a SME Fixed Price proposed to list at NSE SME.
| AVP Infracon IPO | Enser Communications IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Share India Capital Services Pvt.Ltd. | Fast Track Finsec Pvt.Ltd. |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Share India Securities Ltd. | B.N.Rathi Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of AVP Infracon IPO is up to ₹46.86 Cr whereas the issue size of the Enser Communications IPO is up to ₹15.34 Cr. The final issue price of AVP Infracon IPO is ₹75.00 per share and of Enser Communications IPO is ₹70.00 per share.
| AVP Infracon IPO | Enser Communications IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹71.00 per share | |
| Issue Price (Upper) | ₹75.00 per share | |
| Issue Price (Final) | ₹75.00 per share | ₹70.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 2000 shares |
| Fresh Issue Size | 62,48,000 shares | 21,92,000 shares |
| Fresh Issue Size (Amount) | up to ₹46.86 Cr | up to ₹15.34 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 | 62,48,000 shares | 21,92,000 shares |
| Issue Size Total (Amount) | up to ₹46.86 Cr | up to ₹15.34 Cr |
AVP Infracon IPO opens on Mar 13, 2024, while Enser Communications IPO opens on Mar 15, 2024. The closing date of AVP Infracon IPO and Enser Communications IPO is Mar 15, 2024, and Mar 19, 2024, respectively.
| AVP Infracon IPO | Enser Communications IPO | |
|---|---|---|
| Anchor Bid Date | Mar 12, 2024 | |
| Issue Open | Mar 13, 2024 | Mar 15, 2024 |
| Issue Close | Mar 15, 2024 | Mar 19, 2024 |
| Basis Of Allotment (Tentative) | Mar 18, 2024 | Mar 20, 2024 |
| Initiation of Refunds (Tentative) | Mar 19, 2024 | Mar 21, 2024 |
| Credit of Share (Tentative) | Mar 19, 2024 | Mar 21, 2024 |
| Listing date (Tentative) | Mar 20, 2024 | Mar 22, 2024 |
| Anchor Lockin End date 1 | Apr 17, 2024 | |
| Anchor Lockin End date 2 | Jun 16, 2024 |
AVP Infracon IPO P/E ratio is 11.2, as compared to Enser Communications IPO P/E ratio of 28.02.
| AVP Infracon IPO | Enser Communications IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | AVP Infracon Limited Financial Information (Restated Consolidated)
| Enser Communications Limited Financial Information (Restated)Enser Communications Limited's revenue increased by 53.63% and profit after tax (PAT) rose by 105.42% between the financial year ending with March 31, 2023 and March 31, 2022.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 86.5 | 90.13 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62.33 | 66.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.2 | 28.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹187.34 Cr. | ₹61.01 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 25.05% | 32.76% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 22.63% | 34.61% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.96 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.70 | ₹2.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 25.05% | 32.76% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the AVP Infracon IPO Retail Individual Investors (RII) are offered 21,90,400 shares while in Enser Communications IPO retail investors are offered 21,90,400 shares. Qualified Institutional Buyers (QIB) are offered 12,48,000 shares in AVP Infracon IPO and in Enser Communications IPO.
| AVP Infracon IPO | Enser Communications IPO | |
|---|---|---|
| Anchor Investor Reserveration | 18,70,400 shares | |
| Market Maker Reserveration | 7,31,200 shares | 1,18,000 shares |
| QIB | 12,48,000 shares | |
| NII | 9,39,200 shares | 10,96,000 shares |
| RII | 21,90,400 shares | 10,96,000 shares |
| Employee | ||
| Others | ||
| Total | 62,48,000 shares | 21,92,000 shares |
AVP Infracon IPO subscribed 21.45x in total, whereas Enser Communications IPO subscribed 7.29x.
| AVP Infracon IPO | Enser Communications IPO | |
|---|---|---|
| QIB (times) | 1.05x | |
| NII (times) | 46.15x | 3.64x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 22.49x | 10.92x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 21.45x | 7.29x |
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