Comparison between Envirotech Systems IPO and Paramount Speciality Forgings IPO.
Envirotech Systems IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Paramount Speciality Forgings IPO is a SME Bookbuilding proposed to list at NSE SME.
| Envirotech Systems IPO | Paramount Speciality Forgings IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Share India Capital Services Pvt.Ltd. | Swaraj shares & securities Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | Share India Securities Ltd. | Shreni Shares Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | 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 Paramount Speciality Forgings IPO is up to ₹30.72 Cr. The final issue price of Envirotech Systems IPO is ₹56.00 per share and of Paramount Speciality Forgings IPO is ₹59.00 per share.
| Envirotech Systems IPO | Paramount Speciality Forgings IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹53.00 per share | ₹57.00 per share |
| Issue Price (Upper) | ₹56.00 per share | ₹59.00 per share |
| Issue Price (Final) | ₹56.00 per share | ₹59.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 2000 shares |
| Fresh Issue Size | 46,98,000 shares | 45,26,000 shares |
| Fresh Issue Size (Amount) | up to ₹26.31 Cr | up to ₹26.70 Cr |
| OFS Issue Size | 0 shares | 6,80,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹4.01 Cr |
| Issue Size Total | 46,98,000 shares | 52,06,000 shares |
| Issue Size Total (Amount) | up to ₹26.31 Cr | up to ₹30.72 Cr |
Envirotech Systems IPO opens on Sep 13, 2024, while Paramount Speciality Forgings IPO opens on Sep 17, 2024. The closing date of Envirotech Systems IPO and Paramount Speciality Forgings IPO is Sep 19, 2024, and Sep 20, 2024, respectively.
| Envirotech Systems IPO | Paramount Speciality Forgings IPO | |
|---|---|---|
| Anchor Bid Date | Sep 12, 2024 | Sep 16, 2024 |
| Issue Open | Sep 13, 2024 | Sep 17, 2024 |
| Issue Close | Sep 19, 2024 | Sep 20, 2024 |
| Basis Of Allotment (Tentative) | Sep 20, 2024 | Sep 23, 2024 |
| Initiation of Refunds (Tentative) | Sep 23, 2024 | Sep 24, 2024 |
| Credit of Share (Tentative) | Sep 23, 2024 | Sep 24, 2024 |
| Listing date (Tentative) | Sep 24, 2024 | Sep 25, 2024 |
| Anchor Lockin End date 1 | Oct 20, 2024 | Oct 22, 2024 |
| Anchor Lockin End date 2 | Dec 19, 2024 | Dec 21, 2024 |
Envirotech Systems IPO P/E ratio is 6.56, as compared to Paramount Speciality Forgings IPO P/E ratio of 12.1.
| Envirotech Systems IPO | Paramount Speciality Forgings IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Envirotech Systems Limited Financial Information (Restated)Envirotech Systems Limited's revenue increased by 63% and profit after tax (PAT) rose by 344% between the financial year ending with March 31, 2024 and March 31, 2023.
| Paramount Speciality Forgings Limited Financial Information (Restated)Paramount Speciality Forgings Limited's revenue increased by 1% and profit after tax (PAT) rose by 163% between the financial year ending with March 31, 2024 and March 31, 2023.
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| Promoter Shareholding (Pre-Issue) | 96.48 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 68.75 | 72.15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 6.56 | 12.1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹105.22 Cr. | ₹116.12 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 58.29% | 32% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 62.43% | 40% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.09 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.54 | ₹4.87 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 58.29% | 31.65% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Envirotech Systems IPO Retail Individual Investors (RII) are offered 16,46,000 shares while in Paramount Speciality Forgings IPO retail investors are offered 16,46,000 shares. Qualified Institutional Buyers (QIB) are offered 9,40,000 shares in Envirotech Systems IPO and 10,40,000 shares in Paramount Speciality Forgings IPO.
| Envirotech Systems IPO | Paramount Speciality Forgings IPO | |
|---|---|---|
| Anchor Investor Reserveration | 14,06,000 shares | 15,60,000 shares |
| Market Maker Reserveration | 7,02,000 shares | 2,76,000 shares |
| QIB | 9,40,000 shares | 10,40,000 shares |
| NII | 7,06,000 shares | 7,82,000 shares |
| RII | 16,46,000 shares | 18,24,000 shares |
| Employee | ||
| Others | ||
| Total | 46,98,000 shares | 52,06,000 shares |
Envirotech Systems IPO subscribed 91.67x in total, whereas Paramount Speciality Forgings IPO subscribed 73.88x.
| Envirotech Systems IPO | Paramount Speciality Forgings IPO | |
|---|---|---|
| QIB (times) | 68.12x | 20.88x |
| NII (times) | 187.14x | 220.24x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 64.16x | 41.35x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 91.67x | 73.88x |
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