Comparison between Excellent Wires IPO and Travels & Rentals IPO.
Excellent Wires IPO is a SME Fixed Price IPO proposed to list at NSE SME while Travels & Rentals IPO is a SME Fixed Price proposed to list at BSE SME.
| Excellent Wires IPO | Travels & Rentals IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Inventure Merchant Banker Services Pvt.Ltd. | Finshore Management Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Inventure Growth & Securities Ltd. | Black Fox Financial Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Excellent Wires IPO is up to ₹11.95 Cr whereas the issue size of the Travels & Rentals IPO is up to ₹11.63 Cr. The final issue price of Excellent Wires IPO is ₹90.00 per share and of Travels & Rentals IPO is ₹40.00 per share.
| Excellent Wires IPO | Travels & Rentals IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹90.00 per share | ₹40.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 3000 shares |
| Fresh Issue Size | 13,28,000 shares | 29,07,000 shares |
| Fresh Issue Size (Amount) | up to ₹11.95 Cr | up to ₹11.63 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 | 13,28,000 shares | 29,07,000 shares |
| Issue Size Total (Amount) | up to ₹11.95 Cr | up to ₹11.63 Cr |
Excellent Wires IPO opens on Sep 11, 2024, while Travels & Rentals IPO opens on Aug 29, 2024. The closing date of Excellent Wires IPO and Travels & Rentals IPO is Sep 13, 2024, and Sep 02, 2024, respectively.
| Excellent Wires IPO | Travels & Rentals IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 11, 2024 | Aug 29, 2024 |
| Issue Close | Sep 13, 2024 | Sep 02, 2024 |
| Basis Of Allotment (Tentative) | Sep 16, 2024 | Sep 03, 2024 |
| Initiation of Refunds (Tentative) | Sep 17, 2024 | Sep 04, 2024 |
| Credit of Share (Tentative) | Sep 17, 2024 | Sep 04, 2024 |
| Listing date (Tentative) | Sep 19, 2024 | Sep 05, 2024 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Excellent Wires IPO P/E ratio is 33.3, as compared to Travels & Rentals IPO P/E ratio of 10.98.
| Excellent Wires IPO | Travels & Rentals 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.
| Travels & Rentals Limited Financial Information (Restated)Travels & Rentals Limited's revenue increased by 39% and profit after tax (PAT) rose by 97% between the financial year ending with March 31, 2024 and March 31, 2023.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 91.90 | 86.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 63.12 | 62.86 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 33.3 | 10.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹40.23 Cr. | ₹44.81 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 26.72% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 27.54% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.32 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.70 | ₹3.64 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 20.90% | 20.06% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Excellent Wires IPO Retail Individual Investors (RII) are offered 6,64,000 shares while in Travels & Rentals IPO retail investors are offered 6,64,000 shares. Qualified Institutional Buyers (QIB) are offered in Excellent Wires IPO and in Travels & Rentals IPO.
| Excellent Wires IPO | Travels & Rentals IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 72,000 shares | 1,53,000 shares |
| QIB | ||
| NII | 6,64,000 shares | 14,52,000 shares |
| RII | 6,64,000 shares | 14,55,000 shares |
| Employee | ||
| Others | ||
| Total | 13,28,000 shares | 29,07,000 shares |
Excellent Wires IPO subscribed 20.37x in total, whereas Travels & Rentals IPO subscribed 608.46x.
| Excellent Wires IPO | Travels & Rentals IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 8.75x | 754.64x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 32.00x | 429.90x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 20.37x | 608.46x |
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