Comparison between Envirotech Systems IPO and Innomet Advanced Materials IPO.
Envirotech Systems IPO is a SME Fixed Price IPO proposed to list at NSE SME while Innomet Advanced Materials IPO is a SME Fixed Price proposed to list at NSE SME.
| Envirotech Systems IPO | Innomet Advanced Materials 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. | Expert Global Consultants Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Share India Securities Ltd. | Prabhat Financial Services Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Envirotech Systems IPO is up to ₹26.31 Cr whereas the issue size of the Innomet Advanced Materials IPO is up to ₹32.52 Cr. The final issue price of Envirotech Systems IPO is ₹56.00 per share and of Innomet Advanced Materials IPO is ₹100.00 per share.
| Envirotech Systems IPO | Innomet Advanced Materials IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹53.00 per share | |
| Issue Price (Upper) | ₹56.00 per share | |
| Issue Price (Final) | ₹56.00 per share | ₹100.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1200 shares |
| Fresh Issue Size | 46,98,000 shares | 32,52,000 shares |
| Fresh Issue Size (Amount) | up to ₹26.31 Cr | up to ₹32.52 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 | 46,98,000 shares | 32,52,000 shares |
| Issue Size Total (Amount) | up to ₹26.31 Cr | up to ₹32.52 Cr |
Envirotech Systems IPO opens on Sep 13, 2024, while Innomet Advanced Materials IPO opens on Sep 11, 2024. The closing date of Envirotech Systems IPO and Innomet Advanced Materials IPO is Sep 19, 2024, and Sep 13, 2024, respectively.
| Envirotech Systems IPO | Innomet Advanced Materials IPO | |
|---|---|---|
| Anchor Bid Date | Sep 12, 2024 | |
| Issue Open | Sep 13, 2024 | Sep 11, 2024 |
| Issue Close | Sep 19, 2024 | Sep 13, 2024 |
| Basis Of Allotment (Tentative) | Sep 20, 2024 | Sep 16, 2024 |
| Initiation of Refunds (Tentative) | Sep 23, 2024 | Sep 17, 2024 |
| Credit of Share (Tentative) | Sep 23, 2024 | Sep 17, 2024 |
| Listing date (Tentative) | Sep 24, 2024 | Sep 18, 2024 |
| Anchor Lockin End date 1 | Oct 20, 2024 | |
| Anchor Lockin End date 2 | Dec 19, 2024 |
Envirotech Systems IPO P/E ratio is 6.56, as compared to Innomet Advanced Materials IPO P/E ratio of 37.78.
| Envirotech Systems IPO | Innomet Advanced Materials IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 96.47 | 74.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 68.75 | 54.8 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 6.56 | 37.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹105.22 Cr. | ₹129.40 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 58.29 | 21.37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 62.43 | 16.27 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.27 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.54 | ₹2.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 58.29 | 17.11 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Envirotech Systems IPO Retail Individual Investors (RII) are offered 16,46,000 shares while in Innomet Advanced Materials IPO retail investors are offered 16,46,000 shares. Qualified Institutional Buyers (QIB) are offered 9,40,000 shares in Envirotech Systems IPO and in Innomet Advanced Materials IPO.
| Envirotech Systems IPO | Innomet Advanced Materials IPO | |
|---|---|---|
| Anchor Investor Reservation | 14,06,000 shares | |
| Market Maker Reservation | 7,02,000 shares | 1,71,600 shares |
| QIB | 9,40,000 shares | |
| NII | 7,06,000 shares | 16,26,000 shares |
| RII | 16,46,000 shares | 16,26,000 shares |
| Employee | ||
| Others | ||
| Total | 46,98,000 shares | 32,52,000 shares |
Envirotech Systems IPO subscribed 64.23x in total, whereas Innomet Advanced Materials IPO subscribed 297.37x.
| Envirotech Systems IPO | Innomet Advanced Materials IPO | |
|---|---|---|
| QIB (times) | 68.12x | |
| NII (times) | 187.14x | 367.77x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 64.16x | 226.97x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 64.23x | 297.37x |
