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.
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 IPO | Net Avenue Technologies IPO |
|---|
| Anchor Bid Date | | Nov 29, 2023 |
| Issue Open | Nov 30, 2023 | Nov 30, 2023 |
| Issue Close | Dec 05, 2023 | Dec 04, 2023 |
| Basis Of Allotment (Tentative) | Dec 06, 2023 | Dec 07, 2023 |
| Initiation of Refunds (Tentative) | Dec 07, 2023 | Dec 08, 2023 |
| Credit of Share (Tentative) | Dec 07, 2023 | Dec 11, 2023 |
| Listing date (Tentative) | Dec 08, 2023 | Dec 08, 2023 |
| Anchor Lockin End date 1 | | Jan 06, 2024 |
| Anchor Lockin End date 2 | | Mar 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.
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 IPO | Net Avenue Technologies IPO |
|---|
| Anchor Investor Reservation | | 16,16,000 shares |
| Market Maker Reservation | 2,16,000 shares | 2,88,000 shares |
| QIB | | 10,80,000 shares |
| NII | 19,92,000 shares | 8,16,000 shares |
| RII | 19,92,000 shares | 18,96,000 shares |
| Total | 39,84,000 shares | 54,08,000 shares |
Bids Received (Subscription)
Marinetrans IPO subscribed 32.65x in total, whereas Net Avenue Technologies IPO subscribed 358.45x.
