Comparison between Enser Communications IPO and Royal Sense IPO.
Enser Communications IPO is a SME Fixed Price IPO proposed to list at NSE SME while Royal Sense IPO is a SME Fixed Price proposed to list at BSE SME.
| Enser Communications IPO | Royal Sense IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Fast Track Finsec Pvt.Ltd. | Expert Global Consultants Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | B.N.Rathi Securities Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Enser Communications IPO is up to ₹15.34 Cr whereas the issue size of the Royal Sense IPO is up to ₹8.77 Cr. The final issue price of Enser Communications IPO is ₹70.00 per share and of Royal Sense IPO is ₹68.00 per share.
| Enser Communications IPO | Royal Sense IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹70.00 per share | ₹68.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 2000 shares |
| Fresh Issue Size | 21,92,000 shares | 12,90,000 shares |
| Fresh Issue Size (Amount) | up to ₹15.34 Cr | up to ₹8.77 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 | 21,92,000 shares | 12,90,000 shares |
| Issue Size Total (Amount) | up to ₹15.34 Cr | up to ₹8.77 Cr |
Enser Communications IPO opens on Mar 15, 2024, while Royal Sense IPO opens on Mar 12, 2024. The closing date of Enser Communications IPO and Royal Sense IPO is Mar 19, 2024, and Mar 14, 2024, respectively.
| Enser Communications IPO | Royal Sense IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 15, 2024 | Mar 12, 2024 |
| Issue Close | Mar 19, 2024 | Mar 14, 2024 |
| Basis Of Allotment (Tentative) | Mar 20, 2024 | Mar 15, 2024 |
| Initiation of Refunds (Tentative) | Mar 21, 2024 | Mar 18, 2024 |
| Credit of Share (Tentative) | Mar 21, 2024 | Mar 18, 2024 |
| Listing date (Tentative) | Mar 22, 2024 | Mar 19, 2024 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Enser Communications IPO P/E ratio is 28.02, as compared to Royal Sense IPO P/E ratio of 33.33.
| Enser Communications IPO | Royal Sense IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | 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.
| Royal Sense Limited Financial Information (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 90.13 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 66.25 | 67.15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 28.02 | 33.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹61.01 Cr. | ₹33.32 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 32.76% | 17.00% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 34.61% | 23.00% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.50 | ₹2.04 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 32.76% | 17.00% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Enser Communications IPO Retail Individual Investors (RII) are offered 10,96,000 shares while in Royal Sense IPO retail investors are offered 10,96,000 shares. Qualified Institutional Buyers (QIB) are offered in Enser Communications IPO and in Royal Sense IPO.
| Enser Communications IPO | Royal Sense IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 1,18,000 shares | 1,60,000 shares |
| QIB | ||
| NII | 10,96,000 shares | 6,44,000 shares |
| RII | 10,96,000 shares | 6,46,000 shares |
| Employee | ||
| Others | ||
| Total | 21,92,000 shares | 12,90,000 shares |
Enser Communications IPO subscribed 7.29x in total, whereas Royal Sense IPO subscribed 8.52x.
| Enser Communications IPO | Royal Sense IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 3.64x | 9.72x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 10.92x | 7.32x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 7.29x | 8.52x |
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