Comparison between ideaForge Technology IPO and Netweb Technologies IPO.
ideaForge Technology IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Netweb Technologies IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of ideaForge Technology IPO is up to ₹567.24 Cr whereas the issue size of the Netweb Technologies IPO is up to ₹631.00 Cr. The final issue price of ideaForge Technology IPO is ₹672.00 per share and of Netweb Technologies IPO is ₹500.00 per share.
| ideaForge Technology IPO | Netweb Technologies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹2 per share |
| Issue Price (Lower) | ₹638.00 per share | ₹475.00 per share |
| Issue Price (Upper) | ₹672.00 per share | ₹500.00 per share |
| Issue Price (Final) | ₹672.00 per share | ₹500.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹32.00 per share | ₹25.00 per share |
| Market Lot Size | 22 shares | 30 shares |
| Fresh Issue Size | 35,72,052 shares | 41,21,000 shares |
| Fresh Issue Size (Amount) | up to ₹240.02 Cr | up to ₹206.03 Cr |
| OFS Issue Size | 48,69,712 shares | 85,00,000 shares |
| OFS Issue Size (Amount) | up to ₹327.22 Cr | up to ₹424.97 Cr |
| Issue Size Total | 84,41,764 shares | 1,26,21,000 shares |
| Issue Size Total (Amount) | up to ₹567.24 Cr | up to ₹631.00 Cr |
ideaForge Technology IPO opens on Jun 26, 2023, while Netweb Technologies IPO opens on Jul 17, 2023. The closing date of ideaForge Technology IPO and Netweb Technologies IPO is Jun 30, 2023, and Jul 19, 2023, respectively.
| ideaForge Technology IPO | Netweb Technologies IPO | |
|---|---|---|
| Anchor Bid Date | Jun 23, 2023 | Jul 14, 2023 |
| Issue Open | Jun 26, 2023 | Jul 17, 2023 |
| Issue Close | Jun 30, 2023 | Jul 19, 2023 |
| Basis Of Allotment (Tentative) | Jul 05, 2023 | Jul 24, 2023 |
| Initiation of Refunds (Tentative) | Jul 06, 2023 | Jul 25, 2023 |
| Credit of Share (Tentative) | Jul 07, 2023 | Jul 26, 2023 |
| Listing date (Tentative) | Jul 07, 2023 | Jul 27, 2023 |
| Anchor Lockin End date 1 | Aug 04, 2023 | Aug 23, 2023 |
| Anchor Lockin End date 2 | Oct 03, 2023 | Oct 22, 2023 |
ideaForge Technology IPO P/E ratio is 87.5, as compared to Netweb Technologies IPO P/E ratio of 59.67.
| ideaForge Technology IPO | Netweb Technologies IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 33.37 | 97.80 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 30.19 | 75.45 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 87.5 | 59.67 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2800.20 Cr. | ₹2803.20 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 13.11% | 68.01% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 12.51% | 64.42% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.27 | 0.30 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.12 | ₹9.22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 9.85% | 68.01% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the ideaForge Technology IPO Retail Individual Investors (RII) are offered 8,42,865 shares while in Netweb Technologies IPO retail investors are offered 8,42,865 shares. Qualified Institutional Buyers (QIB) are offered 25,28,596 shares in ideaForge Technology IPO and 25,20,200 shares in Netweb Technologies IPO.
| ideaForge Technology IPO | Netweb Technologies IPO | |
|---|---|---|
| Anchor Investor Reservation | 37,92,894 shares | 37,80,300 shares |
| Market Maker Reservation | ||
| QIB | 25,28,596 shares | 25,20,200 shares |
| NII | 12,64,297 shares | 18,90,150 shares |
| RII | 8,42,865 shares | 44,10,350 shares |
| Employee | 13,112 shares | 20,000 shares |
| Others | ||
| Total | 84,41,764 shares | 1,26,21,000 shares |
ideaForge Technology IPO subscribed 106.06x in total, whereas Netweb Technologies IPO subscribed 90.55x.
| ideaForge Technology IPO | Netweb Technologies IPO | |
|---|---|---|
| QIB (times) | 125.81x | 220.69x |
| NII (times) | 80.58x | 83.21x |
| Big NII (times) | 81.99x | 88.29x |
| Small NII (times) | 77.77x | 73.07x |
| RII (times) | 85.20x | 19.48x |
| Employee (times) | 96.65x | 55.92x |
| Other (times) | ||
| Total (times) | 106.06x | 90.55x |
