Comparison between Innovatus Entertainment Networks IPO and Zeal Global Services IPO.
Innovatus Entertainment Networks IPO is a SME Fixed Price IPO proposed to list at BSE SME while Zeal Global Services IPO is a SME Fixed Price proposed to list at NSE SME.
| Innovatus Entertainment Networks IPO | Zeal Global Services IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Inventure Merchant Banker Services Pvt.Ltd. | Expert Global Consultants Pvt.Ltd. |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Pure Broking Pvt.Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Innovatus Entertainment Networks IPO is up to ₹7.35 Cr whereas the issue size of the Zeal Global Services IPO is up to ₹34.63 Cr. The final issue price of Innovatus Entertainment Networks IPO is ₹50.00 per share and of Zeal Global Services IPO is ₹103.00 per share.
| Innovatus Entertainment Networks IPO | Zeal Global Services IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹50.00 per share | ₹103.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1200 shares |
| Fresh Issue Size | 14,70,000 shares | 33,62,400 shares |
| Fresh Issue Size (Amount) | up to ₹7.35 Cr | up to ₹34.63 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 | 14,70,000 shares | 33,62,400 shares |
| Issue Size Total (Amount) | up to ₹7.35 Cr | up to ₹34.63 Cr |
Innovatus Entertainment Networks IPO opens on Jul 25, 2023, while Zeal Global Services IPO opens on Jul 28, 2023. The closing date of Innovatus Entertainment Networks IPO and Zeal Global Services IPO is Jul 27, 2023, and Aug 01, 2023, respectively.
| Innovatus Entertainment Networks IPO | Zeal Global Services IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jul 25, 2023 | Jul 28, 2023 |
| Issue Close | Jul 27, 2023 | Aug 01, 2023 |
| Basis Of Allotment (Tentative) | Aug 01, 2023 | Aug 04, 2023 |
| Initiation of Refunds (Tentative) | Aug 02, 2023 | Aug 07, 2023 |
| Credit of Share (Tentative) | Aug 03, 2023 | Aug 08, 2023 |
| Listing date (Tentative) | Aug 04, 2023 | Aug 09, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Innovatus Entertainment Networks IPO P/E ratio is 41, as compared to Zeal Global Services IPO P/E ratio of 13.83.
| Innovatus Entertainment Networks IPO | Zeal Global Services IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.97 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 60.87 | 73.40 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 41 | 13.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹19.79 Cr. | ₹137.09 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 9.98 | 41.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 11.32 | 58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.32 | 0.15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.00 | ₹8.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 9.98 | 56.56 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Innovatus Entertainment Networks IPO Retail Individual Investors (RII) are offered 7,35,000 shares while in Zeal Global Services IPO retail investors are offered 7,35,000 shares. Qualified Institutional Buyers (QIB) are offered in Innovatus Entertainment Networks IPO and in Zeal Global Services IPO.
| Innovatus Entertainment Networks IPO | Zeal Global Services IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 78,000 shares | 1,77,600 shares |
| QIB | ||
| NII | 7,35,000 shares | 16,80,000 shares |
| RII | 7,35,000 shares | 16,82,400 shares |
| Employee | ||
| Others | ||
| Total | 14,70,000 shares | 33,62,400 shares |
Innovatus Entertainment Networks IPO subscribed 105.21x in total, whereas Zeal Global Services IPO subscribed 4.06x.
| Innovatus Entertainment Networks IPO | Zeal Global Services IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 56.58x | 4.26x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 150.50x | 3.85x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 105.21x | 4.06x |
