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Freshara Agro Exports IPO vs Pranik Logistics IPO

Comparison between Freshara Agro Exports IPO and Pranik Logistics IPO.

IPO Details

Freshara Agro Exports IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Pranik Logistics IPO is a SME Bookbuilding proposed to list at NSE SME.

 Freshara Agro Exports IPOPranik Logistics IPO
LogoFreshara Agro Exports IPO LogoPranik Logistics IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersGYR Capital Advisors Pvt.Ltd.Narnolia Financial Services Ltd.
RegistrarPurva Sharegistry (India) Pvt.Ltd.Maashitla Securities Pvt.Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.Prabhat Financial Services Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Freshara Agro Exports IPO is up to ₹68.21 Cr whereas the issue size of the Pranik Logistics IPO is up to ₹21.23 Cr. The final issue price of Freshara Agro Exports IPO is ₹116.00 per share and of Pranik Logistics IPO is ₹77.00 per share.

 Freshara Agro Exports IPOPranik Logistics IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹110.00 per share₹73.00 per share
Issue Price (Upper)₹116.00 per share₹77.00 per share
Issue Price (Final)₹116.00 per share₹77.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares1600 shares
Fresh Issue Size58,80,000 shares27,56,800 shares
Fresh Issue Size (Amount)up to ₹68.21 Crup to ₹21.23 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total58,80,000 shares27,56,800 shares
Issue Size Total (Amount)up to ₹68.21 Crup to ₹21.23 Cr

IPO Timetable

Freshara Agro Exports IPO opens on Oct 17, 2024, while Pranik Logistics IPO opens on Oct 10, 2024. The closing date of Freshara Agro Exports IPO and Pranik Logistics IPO is Oct 21, 2024, and Oct 14, 2024, respectively.

 Freshara Agro Exports IPOPranik Logistics IPO
Anchor Bid DateOct 16, 2024Oct 09, 2024
Issue OpenOct 17, 2024Oct 10, 2024
Issue CloseOct 21, 2024Oct 14, 2024
Basis Of Allotment (Tentative)Oct 22, 2024Oct 15, 2024
Initiation of Refunds (Tentative)Oct 23, 2024Oct 16, 2024
Credit of Share (Tentative)Oct 23, 2024Oct 16, 2024
Listing date (Tentative)Oct 24, 2024Oct 17, 2024
Anchor Lockin End date 1Nov 21, 2024Nov 20, 2024
Anchor Lockin End date 2Jan 20, 2025Jan 19, 2025

Financials & KPIs

Freshara Agro Exports IPO P/E ratio is 9.04, as compared to Pranik Logistics IPO P/E ratio of 15.33.

 Freshara Agro Exports IPOPranik Logistics IPO
Financials

Freshara Agro Exports Limited Financial Information (Restated)

Freshara Agro Exports Limited's revenue increased by 56% and profit after tax (PAT) rose by 140% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets16,599.7316,657.88,490.645,887.64
Total Income10,746.1119,819.5812,700.2211,840.68
Profit After Tax1,137.812,182.41908.297.36
Net Worth3,834.582,696.771,855.49931.58
Reserves and Surplus2,134.58996.77
Total Borrowing10,625.2210,755.984,173.893,479.1
Amount in ₹ Lakhs

Pranik Logistics Limited Financial Information (Restated)

Pranik Logistics Limited's revenue increased by 11% and profit after tax (PAT) rose by 336% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets3,842.753,568.32,352.731,404.48
Total Income2,248.896,770.086,090.623,360.96
Profit After Tax108.9406.5693.2331.54
Net Worth1,252.091,143.19736.63363.96
Reserves and Surplus442.91603.74197.18103.95
Total Borrowing1,961.831,783.951,382.09577.87
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)86.5099.99
Promoter Shareholding (Post-Issue)73.49
P/E Ratio9.0415.33
Market Cap₹272.59 Cr.₹84.78 Cr.
ROE8.70%
ROCE12.31%11.79%
Debt/Equity2.771.57
EPS₹12.84₹5.02
RoNW29.67%8.70%

Shares Offered

In the Freshara Agro Exports IPO Retail Individual Investors (RII) are offered 20,59,200 shares while in Pranik Logistics IPO retail investors are offered 20,59,200 shares. Qualified Institutional Buyers (QIB) are offered 11,76,000 shares in Freshara Agro Exports IPO and 5,55,200 shares in Pranik Logistics IPO.

 Freshara Agro Exports IPOPranik Logistics IPO
Anchor Investor Reserveration17,61,600 shares8,20,800 shares
Market Maker Reserveration6,19,200 shares1,61,600 shares
QIB11,76,000 shares5,55,200 shares
NII8,83,200 shares4,14,400 shares
RII20,59,200 shares9,66,400 shares
Employee
Others
Total58,80,000 shares27,56,800 shares

Bids Received (Subscription)

Freshara Agro Exports IPO subscribed 236.80x in total, whereas Pranik Logistics IPO subscribed 218.02x.

 Freshara Agro Exports IPOPranik Logistics IPO
QIB (times)129.22x35.67x
NII (times)510.61x744.05x
Big NII (times)
Small NII (times)
RII (times)180.80x97.21x
Employee (times)
Other (times)
Total (times)236.80x218.02x