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AVP Infracon IPO vs Enser Communications IPO

Comparison between AVP Infracon IPO and Enser Communications IPO.

IPO Details

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 IPOEnser Communications IPO
LogoAVP Infracon IPO LogoEnser Communications IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMENSE SME
Lead ManagersShare India Capital Services Pvt.Ltd.Novus Capital Advisors Pvt.Ltd.
RegistrarPurva Sharegistry (India) Pvt.Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerShare India Securities Ltd.B.N.Rathi Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

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 IPOEnser 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
Market Lot Size1600 shares2000 shares
Fresh Issue Size62,48,000 shares21,92,000 shares
Fresh Issue Size (Amount)up to ₹46.86 Crup to ₹15.34 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total62,48,000 shares21,92,000 shares
Issue Size Total (Amount)up to ₹46.86 Crup to ₹15.34 Cr

IPO Timetable

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 IPOEnser Communications IPO
Anchor Bid DateMar 12, 2024
Issue OpenMar 13, 2024Mar 15, 2024
Issue CloseMar 15, 2024Mar 19, 2024
Basis Of Allotment (Tentative)Mar 18, 2024Mar 20, 2024
Initiation of Refunds (Tentative)Mar 19, 2024Mar 21, 2024
Credit of Share (Tentative)Mar 19, 2024Mar 21, 2024
Listing date (Tentative)Mar 20, 2024Mar 22, 2024
Anchor Lockin End date 1Apr 17, 2024
Anchor Lockin End date 2Jun 16, 2024

Financials & KPIs

AVP Infracon IPO P/E ratio is 11.2, as compared to Enser Communications IPO P/E ratio of 28.02.

 AVP Infracon IPOEnser Communications IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Oct 202331 Mar 2023
Assets172.33146.71
Total Income74.12115.50
Profit After Tax8.5612.05
NET Worth34.0525.50
Reserves and Surplus16.0520.70
Total Borrowing77.9267.29
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets17.9913.848.706.62
Total Income18.1625.9116.869.61
Profit After Tax2.141.600.78-0.12
NET Worth6.533.952.351.57
Reserves and Surplus6.523.942.341.56
Total Borrowing7.096.323.092.77
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)86.5%90.13%
Promoter Shareholding (Post-Issue)62.33%66.25%
P/E Ratio11.228.02
Market Cap₹187.34 Cr.₹61.01 Cr.
ROE25.0532.76
ROCE22.6334.61
Debt/Equity1.96
EPS₹6.70₹2.50
RoNW25.0532.76

Shares Offered

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 IPOEnser Communications IPO
Anchor Investor Reservation18,70,400 shares
Market Maker Reservation7,31,200 shares1,18,000 shares
QIB12,48,000 shares
NII9,39,200 shares10,96,000 shares
RII21,90,400 shares10,96,000 shares
Total62,48,000 shares21,92,000 shares

Bids Received (Subscription)

AVP Infracon IPO subscribed 15.03x in total, whereas Enser Communications IPO subscribed 7.28x.

 AVP Infracon IPOEnser Communications IPO
QIB (times)1.05x
NII (times)46.15x3.64x
RII (times)22.49x10.92x
Total (times)15.03x7.28x

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Compare:

AVP Infracon IPO Vs Enser Communications IPO