Marinetrans IPO vs Net Avenue Technologies IPO

Comparison between Marinetrans IPO and Net Avenue Technologies IPO.

IPO Details

Marinetrans IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Net Avenue Technologies IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Marinetrans IPO is up to ₹10.36 Cr whereas the issue size of the Net Avenue Technologies IPO is up to ₹9.73 Cr. The final issue price of Marinetrans IPO is ₹26.00 per share and of Net Avenue Technologies IPO is ₹18.00 per share.

 Marinetrans IPONet Avenue Technologies IPO
Face Value₹10 per share₹1 per share
Issue Price (Lower)₹16.00 per share
Issue Price (Upper)₹18.00 per share
Issue Price (Final)₹26.00 per share₹18.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size4000 shares8000 shares
Fresh Issue Size39,84,000 shares54,08,000 shares
Fresh Issue Size (Amount)up to ₹10.36 Crup to ₹9.73 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total39,84,000 shares54,08,000 shares
Issue Size Total (Amount)up to ₹10.36 Crup to ₹9.73 Cr

IPO Timetable

Marinetrans IPO opens on Nov 30, 2023, while Net Avenue Technologies IPO opens on Nov 30, 2023. The closing date of Marinetrans IPO and Net Avenue Technologies IPO is Dec 05, 2023, and Dec 04, 2023, respectively.

 Marinetrans IPONet Avenue Technologies IPO
Anchor Bid DateNov 29, 2023
Issue OpenNov 30, 2023Nov 30, 2023
Issue CloseDec 05, 2023Dec 04, 2023
Basis Of Allotment (Tentative)Dec 06, 2023Dec 07, 2023
Initiation of Refunds (Tentative)Dec 07, 2023Dec 08, 2023
Credit of Share (Tentative)Dec 07, 2023Dec 11, 2023
Listing date (Tentative)Dec 08, 2023Dec 08, 2023
Anchor Lockin End date 1Jan 06, 2024
Anchor Lockin End date 2Mar 06, 2024

Financials & KPIs

Marinetrans IPO P/E ratio is 14.53, as compared to Net Avenue Technologies IPO P/E ratio of 8.57.

 Marinetrans IPONet Avenue Technologies IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 May 202331 Mar 202331 Mar 202231 Mar 2021
Assets26.1526.1923.0622.04
Total Income13.84150.37203.2796.13
Profit After Tax0.141.531.860.80
NET Worth16.1816.0414.5112.56
Total Borrowing6.045.582.532.12
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets13.1814.2012.957.70
Total Income7.8434.5132.7614.48
Profit After Tax0.941.762.620.23
NET Worth3.292.340.43-2.28
Reserves and Surplus3.072.110.20-2.51
Total Borrowing2.932.760.841.91
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.0045.31
Promoter Shareholding (Post-Issue)33.28
P/E Ratio14.538.57
Market Cap₹33.09 Cr.₹38.62 Cr.
ROE10.00%127.77%
ROCE11.29%5.28%
Debt/Equity0.351.18
EPS₹1.79₹2.10
RoNW9.53%75.53%

Shares Offered

In the Marinetrans IPO Retail Individual Investors (RII) are offered 19,92,000 shares while in Net Avenue Technologies IPO retail investors are offered 19,92,000 shares. Qualified Institutional Buyers (QIB) are offered in Marinetrans IPO and 10,80,000 shares in Net Avenue Technologies IPO.

 Marinetrans IPONet Avenue Technologies IPO
Anchor Investor Reservation16,16,000 shares
Market Maker Reservation2,16,000 shares2,88,000 shares
QIB10,80,000 shares
NII19,92,000 shares8,16,000 shares
RII19,92,000 shares18,96,000 shares
Employee
Others
Total39,84,000 shares54,08,000 shares

Bids Received (Subscription)

Marinetrans IPO subscribed 33.00x in total, whereas Net Avenue Technologies IPO subscribed 511.21x.

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