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Excellent Wires IPO vs Namo eWaste Management IPO

Comparison between Excellent Wires IPO and Namo eWaste Management IPO.

IPO Details

Excellent Wires IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Namo eWaste Management IPO is a SME Bookbuilding proposed to list at NSE SME.

 Excellent Wires IPONamo eWaste Management IPO
LogoExcellent Wires IPO LogoNamo eWaste Management IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersInventure Merchant Banker Services Pvt.Ltd.Hem Securities Ltd.
RegistrarBigshare Services Pvt.Ltd.Maashitla Securities Pvt.Ltd.
Market MakerInventure Growth & Securities Ltd.Hem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Excellent Wires IPO is up to ₹11.95 Cr whereas the issue size of the Namo eWaste Management IPO is up to ₹48.63 Cr. The final issue price of Excellent Wires IPO is ₹90.00 per share and of Namo eWaste Management IPO is ₹85.00 per share.

 Excellent Wires IPONamo eWaste Management IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹80.00 per share
Issue Price (Upper)₹85.00 per share
Issue Price (Final)₹90.00 per share₹85.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1600 shares
Fresh Issue Size13,28,000 shares57,21,600 shares
Fresh Issue Size (Amount)up to ₹11.95 Crup to ₹48.63 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total13,28,000 shares57,21,600 shares
Issue Size Total (Amount)up to ₹11.95 Crup to ₹48.63 Cr

IPO Timetable

Excellent Wires IPO opens on Sep 11, 2024, while Namo eWaste Management IPO opens on Sep 04, 2024. The closing date of Excellent Wires IPO and Namo eWaste Management IPO is Sep 13, 2024, and Sep 06, 2024, respectively.

 Excellent Wires IPONamo eWaste Management IPO
Anchor Bid DateSep 03, 2024
Issue OpenSep 11, 2024Sep 04, 2024
Issue CloseSep 13, 2024Sep 06, 2024
Basis Of Allotment (Tentative)Sep 16, 2024Sep 09, 2024
Initiation of Refunds (Tentative)Sep 17, 2024Sep 10, 2024
Credit of Share (Tentative)Sep 17, 2024Sep 10, 2024
Listing date (Tentative)Sep 19, 2024Sep 11, 2024
Anchor Lockin End date 1Oct 09, 2024
Anchor Lockin End date 2Dec 08, 2024

Financials & KPIs

Excellent Wires IPO P/E ratio is 33.3, as compared to Namo eWaste Management IPO P/E ratio of 20.96.

 Excellent Wires IPONamo eWaste Management IPO
Financials

Excellent Wires and Packaging Limited Financial Information (Restated Consolidated)

Excellent Wires and Packaging Limited's revenue increased by 6% and profit after tax (PAT) rose by 696% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets705.08324.69242.63
Total Income1,540.821,448.46728.85
Profit After Tax82.9810.434.73
Net Worth397.0917.116.68
Reserves and Surplus362.0915.114.68
Amount in ₹ Lakhs

Namo eWaste Management Limited Financial Information (Restated Standalone)

Namo eWaste Management Limited's revenue increased by 73% and profit after tax (PAT) rose by 183% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets6,274.743,912.264,174.34
Total Income10,107.625,856.074,509
Profit After Tax682.9241.56180.89
Net Worth3,526.172,814.762,577.21
Reserves and Surplus1,841.822,109.241,871.69
Total Borrowing1,453.24344.73598.1
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)91.9093.67
Promoter Shareholding (Post-Issue)63.1268.99
P/E Ratio33.320.96
Market Cap₹40.23 Cr.₹194.37 Cr.
ROE21.54%
ROCE20.71%
Debt/Equity0.41
EPS₹2.70₹4.05
RoNW20.90%19.37%

Shares Offered

In the Excellent Wires IPO Retail Individual Investors (RII) are offered 6,64,000 shares while in Namo eWaste Management IPO retail investors are offered 6,64,000 shares. Qualified Institutional Buyers (QIB) are offered in Excellent Wires IPO and 11,44,000 shares in Namo eWaste Management IPO.

 Excellent Wires IPONamo eWaste Management IPO
Anchor Investor Reserveration17,15,200 shares
Market Maker Reserveration72,000 shares3,02,400 shares
QIB11,44,000 shares
NII6,64,000 shares8,59,200 shares
RII6,64,000 shares20,03,200 shares
Employee
Others
Total13,28,000 shares57,21,600 shares

Bids Received (Subscription)

Excellent Wires IPO subscribed 20.37x in total, whereas Namo eWaste Management IPO subscribed 225.64x.

 Excellent Wires IPONamo eWaste Management IPO
QIB (times)151.75x
NII (times)8.75x394.20x
Big NII (times)
Small NII (times)
RII (times)32.00x195.54x
Employee (times)
Other (times)
Total (times)20.37x225.64x