Comparison between Envirotech Systems IPO and Sodhani Academy of Fintech IPO.
Envirotech Systems IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sodhani Academy of Fintech IPO is a SME Fixed Price proposed to list at BSE SME.
| Envirotech Systems IPO | Sodhani Academy of Fintech 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. | Cameo Corporate Services Ltd. |
| Market Maker | Share India Securities Ltd. | Prabhat Financial Services 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 Sodhani Academy of Fintech IPO is up to ₹5.81 Cr. The final issue price of Envirotech Systems IPO is ₹56.00 per share and of Sodhani Academy of Fintech IPO is ₹40.00 per share.
| Envirotech Systems IPO | Sodhani Academy of Fintech 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 | ₹40.00 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 | 8,92,000 shares |
| Fresh Issue Size (Amount) | up to ₹26.31 Cr | up to ₹3.57 Cr |
| OFS Issue Size | 0 shares | 5,60,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹2.24 Cr |
| Issue Size Total | 46,98,000 shares | 14,52,000 shares |
| Issue Size Total (Amount) | up to ₹26.31 Cr | up to ₹5.81 Cr |
Envirotech Systems IPO opens on Sep 13, 2024, while Sodhani Academy of Fintech IPO opens on Sep 12, 2024. The closing date of Envirotech Systems IPO and Sodhani Academy of Fintech IPO is Sep 19, 2024, and Sep 17, 2024, respectively.
| Envirotech Systems IPO | Sodhani Academy of Fintech IPO | |
|---|---|---|
| Anchor Bid Date | Sep 12, 2024 | |
| Issue Open | Sep 13, 2024 | Sep 12, 2024 |
| Issue Close | Sep 19, 2024 | Sep 17, 2024 |
| Basis Of Allotment (Tentative) | Sep 20, 2024 | Sep 18, 2024 |
| Initiation of Refunds (Tentative) | Sep 23, 2024 | Sep 19, 2024 |
| Credit of Share (Tentative) | Sep 23, 2024 | Sep 19, 2024 |
| Listing date (Tentative) | Sep 24, 2024 | Sep 23, 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 Sodhani Academy of Fintech IPO P/E ratio of 10.32.
| Envirotech Systems IPO | Sodhani Academy of Fintech 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.
| Sodhani Academy of Fintech Enablers Limited Financial Information (Restated)Sodhani Academy of Fintech Enablers Limited's revenue increased by 51% and profit after tax (PAT) rose by 32% between the financial year ending with March 31, 2024 and March 31, 2023.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 96.48 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 68.75 | 73.12 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 6.56 | 10.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹105.22 Cr. | ₹22.78 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 58.29% | 27.91% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 62.43% | 36.77% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.54 | ₹3.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 58.29% | 27.91% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Envirotech Systems IPO Retail Individual Investors (RII) are offered 16,46,000 shares while in Sodhani Academy of Fintech 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 Sodhani Academy of Fintech IPO.
| Envirotech Systems IPO | Sodhani Academy of Fintech IPO | |
|---|---|---|
| Anchor Investor Reserveration | 14,06,000 shares | |
| Market Maker Reserveration | 7,02,000 shares | 78,000 shares |
| QIB | 9,40,000 shares | |
| NII | 7,06,000 shares | 7,26,000 shares |
| RII | 16,46,000 shares | 7,26,000 shares |
| Employee | ||
| Others | ||
| Total | 46,98,000 shares | 14,52,000 shares |
Envirotech Systems IPO subscribed 91.67x in total, whereas Sodhani Academy of Fintech IPO subscribed 438.72x.
| Envirotech Systems IPO | Sodhani Academy of Fintech IPO | |
|---|---|---|
| QIB (times) | 68.12x | |
| NII (times) | 187.14x | 511.34x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 64.16x | 358.47x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 91.67x | 438.72x |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
