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Modi's Navnirman IPO vs Silver Pearl Hospitality IPO

Comparison between Modi's Navnirman IPO and Silver Pearl Hospitality IPO.

IPO Details

Modi's Navnirman IPO is a SME Fixed Price IPO proposed to list at BSE SME while Silver Pearl Hospitality IPO is a SME Fixed Price proposed to list at BSE SME.

 Modi's Navnirman IPOSilver Pearl Hospitality IPO
LogoModi's Navnirman IPO LogoSilver Pearl Hospitality IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersAryaman Financial Services Ltd.Inventure Merchant Banker Services Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Purva Sharegistry (India) Pvt.Ltd.
Market MakerAryaman Capital Markets Ltd.Svcm Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Modi's Navnirman IPO is up to ₹21.46 Cr whereas the issue size of the Silver Pearl Hospitality IPO is up to ₹8.52 Cr. The final issue price of Modi's Navnirman IPO is ₹180.00 per share and of Silver Pearl Hospitality IPO is ₹18.00 per share.

 Modi's Navnirman IPOSilver Pearl Hospitality IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹180.00 per share₹18.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size800 shares8000 shares
Fresh Issue Size11,92,000 shares47,36,000 shares
Fresh Issue Size (Amount)up to ₹21.46 Crup to ₹8.52 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total11,92,000 shares47,36,000 shares
Issue Size Total (Amount)up to ₹21.46 Crup to ₹8.52 Cr

IPO Timetable

Modi's Navnirman IPO opens on Jun 23, 2022, while Silver Pearl Hospitality IPO opens on Jun 06, 2022. The closing date of Modi's Navnirman IPO and Silver Pearl Hospitality IPO is Jun 28, 2022, and Jun 09, 2022, respectively.

 Modi's Navnirman IPOSilver Pearl Hospitality IPO
Anchor Bid Date
Issue OpenJun 23, 2022Jun 06, 2022
Issue CloseJun 28, 2022Jun 09, 2022
Basis Of Allotment (Tentative)Jul 01, 2022Jun 14, 2022
Initiation of Refunds (Tentative)Jul 04, 2022Jun 15, 2022
Credit of Share (Tentative)Jul 05, 2022Jun 16, 2022
Listing date (Tentative)Jul 06, 2022Jun 17, 2022
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Modi's Navnirman IPO P/E ratio is 57.32, as compared to Silver Pearl Hospitality IPO P/E ratio of 120.

 Modi's Navnirman IPOSilver Pearl Hospitality IPO
Financials
Modi's Navnirman Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-20998.482195.46139.78
31-Mar-21735.211322.3437.83
31-Mar-223098.291151.07132.7
Amount in ₹ Lakhs
Silver Pearl Hospitality & Luxury Spaces Ltd Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-20211.0629.380.4891.0455.08
31-Mar-21244.4818.413.394.3458.38
31-Mar-22459.7945.8911.72436.92165.35
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)99.9875.05
Promoter Shareholding (Post-Issue)70.2027.27
P/E Ratio57.32120
Market Cap₹76.14 Cr.₹14.14 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Modi's Navnirman IPO Retail Individual Investors (RII) are offered 5,96,000 shares while in Silver Pearl Hospitality IPO retail investors are offered 5,96,000 shares. Qualified Institutional Buyers (QIB) are offered in Modi's Navnirman IPO and in Silver Pearl Hospitality IPO.

 Modi's Navnirman IPOSilver Pearl Hospitality IPO
Anchor Investor Reserveration
Market Maker Reserveration68,000 shares2,64,000 shares
QIB
NII5,96,000 shares23,68,000 shares
RII5,96,000 shares23,68,000 shares
Employee
Others
Total11,92,000 shares47,36,000 shares

Bids Received (Subscription)

Modi's Navnirman IPO subscribed 1.99x in total, whereas Silver Pearl Hospitality IPO subscribed 1.68x.

 Modi's Navnirman IPOSilver Pearl Hospitality IPO
QIB (times)
NII (times)2.76x0.80x
Big NII (times)
Small NII (times)
RII (times)1.22x2.56x
Employee (times)
Other (times)
Total (times)1.99x1.68x