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Envirotech Systems IPO vs Innomet Advanced Materials IPO

Comparison between Envirotech Systems IPO and Innomet Advanced Materials IPO.

IPO Details

Envirotech Systems IPO is a SME Fixed Price IPO proposed to list at NSE SME while Innomet Advanced Materials IPO is a SME Fixed Price proposed to list at NSE SME.

 Envirotech Systems IPOInnomet Advanced Materials IPO
LogoEnvirotech Systems IPO LogoInnomet Advanced Materials IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMENSE SME
Lead ManagersShare India Capital Services Pvt.Ltd.Expert Global Consultants Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerShare India Securities Ltd.Prabhat Financial Services 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 Envirotech Systems IPO is up to ₹26.31 Cr whereas the issue size of the Innomet Advanced Materials IPO is up to ₹32.52 Cr. The final issue price of Envirotech Systems IPO is ₹56.00 per share and of Innomet Advanced Materials IPO is ₹100.00 per share.

 Envirotech Systems IPOInnomet Advanced Materials IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹53.00 per share
Issue Price (Upper)₹56.00 per share
Issue Price (Final)₹56.00 per share₹100.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1200 shares
Fresh Issue Size46,98,000 shares32,52,000 shares
Fresh Issue Size (Amount)up to ₹26.31 Crup to ₹32.52 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total46,98,000 shares32,52,000 shares
Issue Size Total (Amount)up to ₹26.31 Crup to ₹32.52 Cr

IPO Timetable

Envirotech Systems IPO opens on Sep 13, 2024, while Innomet Advanced Materials IPO opens on Sep 11, 2024. The closing date of Envirotech Systems IPO and Innomet Advanced Materials IPO is Sep 19, 2024, and Sep 13, 2024, respectively.

 Envirotech Systems IPOInnomet Advanced Materials IPO
Anchor Bid DateSep 12, 2024
Issue OpenSep 13, 2024Sep 11, 2024
Issue CloseSep 19, 2024Sep 13, 2024
Basis Of Allotment (Tentative)Sep 20, 2024Sep 16, 2024
Initiation of Refunds (Tentative)Sep 23, 2024Sep 17, 2024
Credit of Share (Tentative)Sep 23, 2024Sep 17, 2024
Listing date (Tentative)Sep 24, 2024Sep 18, 2024
Anchor Lockin End date 1Oct 20, 2024
Anchor Lockin End date 2Dec 19, 2024

Financials & KPIs

Envirotech Systems IPO P/E ratio is 6.56, as compared to Innomet Advanced Materials IPO P/E ratio of 37.78.

 Envirotech Systems IPOInnomet Advanced Materials IPO
Financials

Envirotech Systems Limited Financial Information (Restated)

Envirotech Systems Limited's revenue increased by 63% and profit after tax (PAT) rose by 344% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets3,867.472,275.731,386.51
Total Income4,687.952,874.781,849.54
Profit After Tax1,142.88257.34105.73
Net Worth1,960.62661.73404.4
Reserves and Surplus621.62611.73354.4
Total Borrowing240.5260.67276.61
Amount in ₹ Lakhs

Innomet Advanced Materials Limited Financial Information (Restated)

Innomet Advanced Materials Limited's revenue increased by 9% and profit after tax (PAT) dropped by -22% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets3,416.761,213.68974.01
Total Income2,955.452,714.782,240.35
Profit After Tax251.91321.5555.17
Net Worth1,472705.94379.78
Reserves and Surplus520.35417.6291.46
Total Borrowing1,331.291,209.5981.51
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)96.4874.52
Promoter Shareholding (Post-Issue)68.7554.80
P/E Ratio6.5637.78
Market Cap₹105.22 Cr.₹129.40 Cr.
ROE58.29%21.37%
ROCE62.43%16.27%
Debt/Equity1.27
EPS₹8.54₹2.65
RoNW58.29%17.11%

Shares Offered

In the Envirotech Systems IPO Retail Individual Investors (RII) are offered 16,46,000 shares while in Innomet Advanced Materials IPO retail investors are offered 16,46,000 shares. Qualified Institutional Buyers (QIB) are offered 9,40,000 shares in Envirotech Systems IPO and in Innomet Advanced Materials IPO.

 Envirotech Systems IPOInnomet Advanced Materials IPO
Anchor Investor Reserveration14,06,000 shares
Market Maker Reserveration7,02,000 shares1,71,600 shares
QIB9,40,000 shares
NII7,06,000 shares16,26,000 shares
RII16,46,000 shares16,26,000 shares
Employee
Others
Total46,98,000 shares32,52,000 shares

Bids Received (Subscription)

Envirotech Systems IPO subscribed 91.67x in total, whereas Innomet Advanced Materials IPO subscribed 323.92x.

 Envirotech Systems IPOInnomet Advanced Materials IPO
QIB (times)68.12x
NII (times)187.14x367.77x
Big NII (times)
Small NII (times)
RII (times)64.16x226.97x
Employee (times)
Other (times)
Total (times)91.67x323.92x