Comparison between Envirotech Systems IPO and Popular Foundations IPO.
Envirotech Systems IPO is a SME Fixed Price IPO proposed to list at NSE SME while Popular Foundations IPO is a SME Fixed Price proposed to list at BSE SME.
| Envirotech Systems IPO | Popular Foundations IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Share India Capital Services Pvt.Ltd. | Srujan Alpha Capital Advisors LLP |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Share India Securities Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| 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 Popular Foundations IPO is up to ₹18.87 Cr. The final issue price of Envirotech Systems IPO is ₹56.00 per share and of Popular Foundations IPO is ₹37.00 per share.
| Envirotech Systems IPO | Popular Foundations 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 | ₹37.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 3000 shares |
| Fresh Issue Size | 46,98,000 shares | 51,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹26.31 Cr | up to ₹18.87 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 | 51,00,000 shares |
| Issue Size Total (Amount) | up to ₹26.31 Cr | up to ₹18.87 Cr |
Envirotech Systems IPO opens on Sep 13, 2024, while Popular Foundations IPO opens on Sep 13, 2024. The closing date of Envirotech Systems IPO and Popular Foundations IPO is Sep 19, 2024, and Sep 19, 2024, respectively.
| Envirotech Systems IPO | Popular Foundations IPO | |
|---|---|---|
| Anchor Bid Date | Sep 12, 2024 | |
| Issue Open | Sep 13, 2024 | Sep 13, 2024 |
| Issue Close | Sep 19, 2024 | Sep 19, 2024 |
| Basis Of Allotment (Tentative) | Sep 20, 2024 | Sep 20, 2024 |
| Initiation of Refunds (Tentative) | Sep 23, 2024 | Sep 23, 2024 |
| Credit of Share (Tentative) | Sep 23, 2024 | Sep 23, 2024 |
| Listing date (Tentative) | Sep 24, 2024 | Sep 24, 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 Popular Foundations IPO P/E ratio of 15.97.
| Envirotech Systems IPO | Popular Foundations 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.
| Popular Foundations Limited Financial Information (Restated)Popular Foundations Limited's revenue increased by 7% and profit after tax (PAT) rose by 191% between the financial year ending with March 31, 2024 and March 31, 2023.
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| Promoter Shareholding (Pre-Issue) | 96.48 | 83.36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 68.75 | 61.39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 6.56 | 15.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹105.22 Cr. | ₹75.40 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 58.29% | 23.17% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 62.43% | 22.77% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.54 | ₹2.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 58.29% | 15.03% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Envirotech Systems IPO Retail Individual Investors (RII) are offered 16,46,000 shares while in Popular Foundations 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 Popular Foundations IPO.
| Envirotech Systems IPO | Popular Foundations IPO | |
|---|---|---|
| Anchor Investor Reserveration | 14,06,000 shares | |
| Market Maker Reserveration | 7,02,000 shares | 2,70,000 shares |
| QIB | 9,40,000 shares | |
| NII | 7,06,000 shares | 25,50,000 shares |
| RII | 16,46,000 shares | 25,50,000 shares |
| Employee | ||
| Others | ||
| Total | 46,98,000 shares | 51,00,000 shares |
Envirotech Systems IPO subscribed 91.67x in total, whereas Popular Foundations IPO subscribed 9.21x.
| Envirotech Systems IPO | Popular Foundations IPO | |
|---|---|---|
| QIB (times) | 68.12x | |
| NII (times) | 187.14x | 3.54x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 64.16x | 14.89x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 91.67x | 9.21x |
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