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Euphoria Infotech IPO vs Qualitek Labs IPO

Comparison between Euphoria Infotech IPO and Qualitek Labs IPO.

IPO Details

Euphoria Infotech IPO is a SME Fixed Price IPO proposed to list at BSE SME while Qualitek Labs IPO is a SME Fixed Price proposed to list at BSE SME.

 Euphoria Infotech IPOQualitek Labs IPO
LogoEuphoria Infotech IPO LogoQualitek Labs IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersKhandwala Securities Ltd.Oneview Corporate Advisors Pvt.Ltd.
RegistrarMAS Services Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.Nikunj Stock Brokers Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Euphoria Infotech IPO is up to ₹9.12 Cr whereas the issue size of the Qualitek Labs IPO is up to ₹18.65 Cr. The final issue price of Euphoria Infotech IPO is ₹100.00 per share and of Qualitek Labs IPO is ₹100.00 per share.

 Euphoria Infotech IPOQualitek Labs IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹96.00 per share
Issue Price (Upper)₹100.00 per share
Issue Price (Final)₹100.00 per share₹100.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares1200 shares
Fresh Issue Size9,12,000 shares18,64,800 shares
Fresh Issue Size (Amount)up to ₹9.12 Crup to ₹18.65 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total9,12,000 shares18,64,800 shares
Issue Size Total (Amount)up to ₹9.12 Crup to ₹18.65 Cr

IPO Timetable

Euphoria Infotech IPO opens on Jan 19, 2024, while Qualitek Labs IPO opens on Jan 18, 2024. The closing date of Euphoria Infotech IPO and Qualitek Labs IPO is Jan 24, 2024, and Jan 23, 2024, respectively.

 Euphoria Infotech IPOQualitek Labs IPO
Anchor Bid Date
Issue OpenJan 19, 2024Jan 18, 2024
Issue CloseJan 24, 2024Jan 23, 2024
Basis Of Allotment (Tentative)Jan 25, 2024Jan 24, 2024
Initiation of Refunds (Tentative)Jan 29, 2024Jan 25, 2024
Credit of Share (Tentative)Jan 29, 2024Jan 25, 2024
Listing date (Tentative)Jan 30, 2024Jan 29, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Euphoria Infotech IPO P/E ratio is 14.97, as compared to Qualitek Labs IPO P/E ratio of 18.21.

 Euphoria Infotech IPOQualitek Labs IPO
Financials

Euphoria Infotech India Limited Financial Information (Restated Consolidated)

Euphoria Infotech India Limited's revenue increased by 49.34% and profit after tax (PAT) rose by 551.71% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets966.21832.64626.71709.59
Total Income365.61737.56493.87556.14
Profit After Tax60.49129.6919.9026.17
Net Worth470.64410.15280.46260.56
Reserves and Surplus276.45215.96279.17259.27
Total Borrowing213.22155.09123.06119.69
Amount in ₹ Lakhs

Qualitek Labs Limited Financial Information (Restated Standalone)

Qualitek Labs Limited's revenue increased by 61.03% and profit after tax (PAT) rose by 161.43% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets4,409.683,955.612,219.861,459.88
Total Income1,250.741,935.131,201.73637.44
Profit After Tax200.93296.91113.5746.11
Net Worth1,187.46986.52189.61-22.96
Reserves and Surplus646.71445.77143.61-23.96
Total Borrowing2,499.592,344.671,728.681,121.82
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.0099.99
Promoter Shareholding (Post-Issue)73.35
P/E Ratio14.9718.21
Market Cap₹29.02 Cr.₹73.72 Cr.
ROE38%50.49%
ROCE49%13.76%
Debt/Equity0.38
EPS₹6.68₹5.49
RoNW31.62%30.10%

Shares Offered

In the Euphoria Infotech IPO Retail Individual Investors (RII) are offered 6,19,200 shares while in Qualitek Labs IPO retail investors are offered 6,19,200 shares. Qualified Institutional Buyers (QIB) are offered 27,600 shares in Euphoria Infotech IPO and in Qualitek Labs IPO.

 Euphoria Infotech IPOQualitek Labs IPO
Anchor Investor Reserveration
Market Maker Reserveration48,000 shares99,600 shares
QIB27,600 shares
NII2,65,200 shares9,32,400 shares
RII6,19,200 shares9,32,400 shares
Employee
Others
Total9,12,000 shares18,64,800 shares

Bids Received (Subscription)

Euphoria Infotech IPO subscribed 383.86x in total, whereas Qualitek Labs IPO subscribed 58.95x.

 Euphoria Infotech IPOQualitek Labs IPO
QIB (times)413.26x
NII (times)280.88x69.37x
Big NII (times)
Small NII (times)
RII (times)426.65x39.23x
Employee (times)
Other (times)
Total (times)383.86x58.95x