Comparison between Modi's Navnirman IPO and Pearl Green Clubs IPO.
Modi's Navnirman IPO is a SME Fixed Price IPO proposed to list at BSE SME while Pearl Green Clubs IPO is a SME Fixed Price proposed to list at BSE SME.
| Modi's Navnirman IPO | Pearl Green Clubs IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | Novus Capital Advisors Private Limited |
| Registrar | Bigshare Services Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Aryaman Capital Markets Ltd. | Nikunj Stock Brokers 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 Modi's Navnirman IPO is up to ₹21.46 Cr whereas the issue size of the Pearl Green Clubs IPO is up to ₹11.05 Cr. The final issue price of Modi's Navnirman IPO is ₹180.00 per share and of Pearl Green Clubs IPO is ₹186.00 per share.
| Modi's Navnirman IPO | Pearl Green Clubs IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹180.00 per share | ₹186.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 800 shares | 600 shares |
| Fresh Issue Size | 11,92,000 shares | 5,94,000 shares |
| Fresh Issue Size (Amount) | up to ₹21.46 Cr | up to ₹11.05 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 | 11,92,000 shares | 5,94,000 shares |
| Issue Size Total (Amount) | up to ₹21.46 Cr | up to ₹11.05 Cr |
Modi's Navnirman IPO opens on Jun 23, 2022, while Pearl Green Clubs IPO opens on Jun 27, 2022. The closing date of Modi's Navnirman IPO and Pearl Green Clubs IPO is Jun 28, 2022, and Jun 29, 2022, respectively.
| Modi's Navnirman IPO | Pearl Green Clubs IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 23, 2022 | Jun 27, 2022 |
| Issue Close | Jun 28, 2022 | Jun 29, 2022 |
| Basis Of Allotment (Tentative) | Jul 01, 2022 | Jul 04, 2022 |
| Initiation of Refunds (Tentative) | Jul 04, 2022 | Jul 05, 2022 |
| Credit of Share (Tentative) | Jul 05, 2022 | Jul 05, 2022 |
| Listing date (Tentative) | Jul 06, 2022 | Jul 07, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Modi's Navnirman IPO P/E ratio is 57.32, as compared to Pearl Green Clubs IPO P/E ratio of 53.6.
| Modi's Navnirman IPO | Pearl Green Clubs IPO | |||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.98 | 99.88 | ||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 70.20 | 73.31 | ||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 57.32 | 53.6 | ||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹76.14 Cr. | ₹44.04 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 4.95 | |||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.47 | ₹3.15 | ||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 34.81 | 0.95 | ||||||||||||||||||||||||||||||||||||||||||||||||
In the Modi's Navnirman IPO Retail Individual Investors (RII) are offered 5,96,000 shares while in Pearl Green Clubs IPO retail investors are offered 5,96,000 shares. Qualified Institutional Buyers (QIB) are offered in Modi's Navnirman IPO and in Pearl Green Clubs IPO.
| Modi's Navnirman IPO | Pearl Green Clubs IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 68,000 shares | 36,000 shares |
| QIB | ||
| NII | 5,96,000 shares | 2,97,000 shares |
| RII | 5,96,000 shares | 2,97,000 shares |
| Employee | ||
| Others | ||
| Total | 11,92,000 shares | 5,94,000 shares |
Modi's Navnirman IPO subscribed 1.99x in total, whereas Pearl Green Clubs IPO subscribed 1.56x.
| Modi's Navnirman IPO | Pearl Green Clubs IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.76x | 1.78x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.22x | 1.35x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.99x | 1.56x |
