Comparison between Interiors & More IPO and Trust Fintech IPO.
Interiors & More IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Trust Fintech IPO is a SME Bookbuilding proposed to list at NSE SME.
| Interiors & More IPO | Trust Fintech IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Gretex Corporate Services Ltd. | Corporate Capitalventures Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Gretex Share Broking Pvt.Ltd. | SS Corporate Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Interiors & More IPO is up to ₹39.89 Cr whereas the issue size of the Trust Fintech IPO is up to ₹60.24 Cr. The final issue price of Interiors & More IPO is ₹227.00 per share and of Trust Fintech IPO is ₹101.00 per share.
| Interiors & More IPO | Trust Fintech IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹216.00 per share | ₹95.00 per share |
| Issue Price (Upper) | ₹227.00 per share | ₹101.00 per share |
| Issue Price (Final) | ₹227.00 per share | ₹101.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 600 shares | 1200 shares |
| Fresh Issue Size | 17,57,400 shares | 59,64,000 shares |
| Fresh Issue Size (Amount) | up to ₹39.89 Cr | up to ₹60.24 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 | 17,57,400 shares | 59,64,000 shares |
| Issue Size Total (Amount) | up to ₹39.89 Cr | up to ₹60.24 Cr |
Interiors & More IPO opens on Feb 15, 2024, while Trust Fintech IPO opens on Mar 26, 2024. The closing date of Interiors & More IPO and Trust Fintech IPO is Feb 20, 2024, and Mar 28, 2024, respectively.
| Interiors & More IPO | Trust Fintech IPO | |
|---|---|---|
| Anchor Bid Date | Feb 14, 2024 | Mar 22, 2024 |
| Issue Open | Feb 15, 2024 | Mar 26, 2024 |
| Issue Close | Feb 20, 2024 | Mar 28, 2024 |
| Basis Of Allotment (Tentative) | Feb 21, 2024 | Apr 02, 2024 |
| Initiation of Refunds (Tentative) | Feb 22, 2024 | Apr 03, 2024 |
| Credit of Share (Tentative) | Feb 22, 2024 | Apr 03, 2024 |
| Listing date (Tentative) | Feb 23, 2024 | Apr 04, 2024 |
| Anchor Lockin End date 1 | Mar 22, 2024 | May 02, 2024 |
| Anchor Lockin End date 2 | May 21, 2024 | Jul 01, 2024 |
Interiors & More IPO P/E ratio is 19.7, as compared to Trust Fintech IPO P/E ratio of 44.05.
| Interiors & More IPO | Trust Fintech IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Standalone)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 95.08 | 93.51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.93 | 68.85 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 19.7 | 44.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹158.80 Cr. | ₹240.63 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 84.68% | 23.61% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 75.58% | 28.54% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.45 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.52 | ₹2.29 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 59.57% | 27.51% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Interiors & More IPO Retail Individual Investors (RII) are offered 6,15,600 shares while in Trust Fintech IPO retail investors are offered 6,15,600 shares. Qualified Institutional Buyers (QIB) are offered 3,51,600 shares in Interiors & More IPO and 11,92,800 shares in Trust Fintech IPO.
| Interiors & More IPO | Trust Fintech IPO | |
|---|---|---|
| Anchor Investor Reservation | 5,26,200 shares | 17,88,000 shares |
| Market Maker Reservation | 93,000 shares | 3,18,000 shares |
| QIB | 3,51,600 shares | 11,92,800 shares |
| NII | 2,64,000 shares | 8,95,200 shares |
| RII | 6,15,600 shares | 20,88,000 shares |
| Employee | ||
| Others | ||
| Total | 17,57,400 shares | 59,64,000 shares |
Interiors & More IPO subscribed 11.22x in total, whereas Trust Fintech IPO subscribed 108.63x.
| Interiors & More IPO | Trust Fintech IPO | |
|---|---|---|
| QIB (times) | 3.54x | 65.38x |
| NII (times) | 30.32x | 244.48x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 7.41x | 75.10x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 11.22x | 108.63x |
