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Enser Communications IPO vs Signoria Creation IPO

Comparison between Enser Communications IPO and Signoria Creation IPO.

IPO Details

Enser Communications IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Signoria Creation IPO is a SME Bookbuilding proposed to list at NSE SME.

 Enser Communications IPOSignoria Creation IPO
LogoEnser Communications IPO LogoSignoria Creation IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersFast Track Finsec Pvt.Ltd.Holani Consultants Pvt.Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerB.N.Rathi Securities Ltd.Holani Consultants Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Enser Communications IPO is up to ₹15.34 Cr whereas the issue size of the Signoria Creation IPO is up to ₹8.81 Cr. The final issue price of Enser Communications IPO is ₹70.00 per share and of Signoria Creation IPO is ₹65.00 per share.

 Enser Communications IPOSignoria Creation IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹61.00 per share
Issue Price (Upper)₹65.00 per share
Issue Price (Final)₹70.00 per share₹65.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size2000 shares2000 shares
Fresh Issue Size21,92,000 shares13,56,000 shares
Fresh Issue Size (Amount)up to ₹15.34 Crup to ₹8.81 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total21,92,000 shares13,56,000 shares
Issue Size Total (Amount)up to ₹15.34 Crup to ₹8.81 Cr

IPO Timetable

Enser Communications IPO opens on Mar 15, 2024, while Signoria Creation IPO opens on Mar 12, 2024. The closing date of Enser Communications IPO and Signoria Creation IPO is Mar 19, 2024, and Mar 14, 2024, respectively.

 Enser Communications IPOSignoria Creation IPO
Anchor Bid DateMar 11, 2024
Issue OpenMar 15, 2024Mar 12, 2024
Issue CloseMar 19, 2024Mar 14, 2024
Basis Of Allotment (Tentative)Mar 20, 2024Mar 15, 2024
Initiation of Refunds (Tentative)Mar 21, 2024Mar 18, 2024
Credit of Share (Tentative)Mar 21, 2024Mar 18, 2024
Listing date (Tentative)Mar 22, 2024Mar 19, 2024
Anchor Lockin End date 1Apr 14, 2024
Anchor Lockin End date 2Jun 13, 2024

Financials & KPIs

Enser Communications IPO P/E ratio is 28.02, as compared to Signoria Creation IPO P/E ratio of 9.37.

 Enser Communications IPOSignoria Creation 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.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,799.261,383.92870.42662.41
Total Income1,815.892,590.971,686.47961.30
Profit After Tax213.98160.0677.92-11.74
Net Worth653.24394.78234.71156.78
Reserves and Surplus652.17393.78233.71155.78
Total Borrowing709.09631.88309.37276.92
Amount in ₹ Lakhs

Signoria Creation Limited Financial Information (Restated Standalone)

Signoria Creation Limited's revenue increased by 62.13% and profit after tax (PAT) rose by 242.14% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets2,614.562,334.92950.76597.88
Total Income652.921,915.811,181.64588.98
Profit After Tax64.52231.0567.5332.60
Net Worth647.75583.23150.8883.35
Reserves and Surplus536.75472.23100.8833.35
Total Borrowing1,263.931,050.26376.84223.15
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)90.13100.00
Promoter Shareholding (Post-Issue)66.25
P/E Ratio28.029.37
Market Cap₹61.01 Cr.₹30.93 Cr.
ROE32.76%10.48%
ROCE34.61%7.38%
Debt/Equity
EPS₹2.50₹6.94
RoNW32.76%9.96%

Shares Offered

In the Enser Communications IPO Retail Individual Investors (RII) are offered 10,96,000 shares while in Signoria Creation IPO retail investors are offered 10,96,000 shares. Qualified Institutional Buyers (QIB) are offered in Enser Communications IPO and 2,16,000 shares in Signoria Creation IPO.

 Enser Communications IPOSignoria Creation IPO
Anchor Investor Reserveration3,20,000 shares
Market Maker Reserveration1,18,000 shares72,000 shares
QIB2,16,000 shares
NII10,96,000 shares2,50,000 shares
RII10,96,000 shares5,30,000 shares
Employee40,000 shares
Others
Total21,92,000 shares13,56,000 shares

Bids Received (Subscription)

Enser Communications IPO subscribed 7.29x in total, whereas Signoria Creation IPO subscribed 666.32x.

 Enser Communications IPOSignoria Creation IPO
QIB (times)107.56x
NII (times)3.64x1,290.56x
Big NII (times)
Small NII (times)
RII (times)10.92x649.88x
Employee (times)
Other (times)
Total (times)7.29x666.32x