Comparison between Innomet Advanced Materials IPO and Sodhani Academy of Fintech IPO.
Innomet Advanced Materials IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sodhani Academy of Fintech IPO is a SME Fixed Price proposed to list at BSE SME.
| Innomet Advanced Materials IPO | Sodhani Academy of Fintech IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Expert Global Consultants Pvt.Ltd. | Srujan Alpha Capital Advisors LLP |
| Registrar | Skyline Financial Services Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Prabhat Financial Services Ltd. | Prabhat Financial Services Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Innomet Advanced Materials IPO is up to ₹32.52 Cr whereas the issue size of the Sodhani Academy of Fintech IPO is up to ₹5.81 Cr. The final issue price of Innomet Advanced Materials IPO is ₹100.00 per share and of Sodhani Academy of Fintech IPO is ₹40.00 per share.
| Innomet Advanced Materials IPO | Sodhani Academy of Fintech IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹100.00 per share | ₹40.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 3000 shares |
| Fresh Issue Size | 32,52,000 shares | 8,92,000 shares |
| Fresh Issue Size (Amount) | up to ₹32.52 Cr | up to ₹3.57 Cr |
| OFS Issue Size | 0 shares | 5,60,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹2.24 Cr |
| Issue Size Total | 32,52,000 shares | 14,52,000 shares |
| Issue Size Total (Amount) | up to ₹32.52 Cr | up to ₹5.81 Cr |
Innomet Advanced Materials IPO opens on Sep 11, 2024, while Sodhani Academy of Fintech IPO opens on Sep 12, 2024. The closing date of Innomet Advanced Materials IPO and Sodhani Academy of Fintech IPO is Sep 13, 2024, and Sep 17, 2024, respectively.
| Innomet Advanced Materials IPO | Sodhani Academy of Fintech IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 11, 2024 | Sep 12, 2024 |
| Issue Close | Sep 13, 2024 | Sep 17, 2024 |
| Basis Of Allotment (Tentative) | Sep 16, 2024 | Sep 18, 2024 |
| Initiation of Refunds (Tentative) | Sep 17, 2024 | Sep 19, 2024 |
| Credit of Share (Tentative) | Sep 17, 2024 | Sep 19, 2024 |
| Listing date (Tentative) | Sep 18, 2024 | Sep 23, 2024 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Innomet Advanced Materials IPO P/E ratio is 37.78, as compared to Sodhani Academy of Fintech IPO P/E ratio of 10.32.
| Innomet Advanced Materials IPO | Sodhani Academy of Fintech IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | 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.
| Sodhani Academy of Fintech Enablers Limited Financial Information (Restated)Sodhani Academy of Fintech Enablers Limited's revenue increased by 51% and profit after tax (PAT) rose by 32% between the financial year ending with March 31, 2024 and March 31, 2023.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 74.52 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 54.80 | 73.12 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 37.78 | 10.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹129.40 Cr. | ₹22.78 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 21.37% | 27.91% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 16.27% | 36.77% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.27 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.65 | ₹3.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 17.11% | 27.91% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Innomet Advanced Materials IPO Retail Individual Investors (RII) are offered 16,26,000 shares while in Sodhani Academy of Fintech IPO retail investors are offered 16,26,000 shares. Qualified Institutional Buyers (QIB) are offered in Innomet Advanced Materials IPO and in Sodhani Academy of Fintech IPO.
| Innomet Advanced Materials IPO | Sodhani Academy of Fintech IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 1,71,600 shares | 78,000 shares |
| QIB | ||
| NII | 16,26,000 shares | 7,26,000 shares |
| RII | 16,26,000 shares | 7,26,000 shares |
| Employee | ||
| Others | ||
| Total | 32,52,000 shares | 14,52,000 shares |
Innomet Advanced Materials IPO subscribed 323.92x in total, whereas Sodhani Academy of Fintech IPO subscribed 438.72x.
| Innomet Advanced Materials IPO | Sodhani Academy of Fintech IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 367.77x | 511.34x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 226.97x | 358.47x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 323.92x | 438.72x |
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