Comparison between Modi's Navnirman IPO and Silver Pearl Hospitality IPO.
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 IPO | Silver Pearl Hospitality 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. | Inventure Merchant Banker Services Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | Aryaman Capital Markets Ltd. | Svcm Securities Pvt.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 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 IPO | Silver 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 Size | 800 shares | 8000 shares |
| Fresh Issue Size | 11,92,000 shares | 47,36,000 shares |
| Fresh Issue Size (Amount) | up to ₹21.46 Cr | up to ₹8.52 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 | 47,36,000 shares |
| Issue Size Total (Amount) | up to ₹21.46 Cr | up to ₹8.52 Cr |
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 IPO | Silver Pearl Hospitality IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 23, 2022 | Jun 06, 2022 |
| Issue Close | Jun 28, 2022 | Jun 09, 2022 |
| Basis Of Allotment (Tentative) | Jul 01, 2022 | Jun 14, 2022 |
| Initiation of Refunds (Tentative) | Jul 04, 2022 | Jun 15, 2022 |
| Credit of Share (Tentative) | Jul 05, 2022 | Jun 16, 2022 |
| Listing date (Tentative) | Jul 06, 2022 | Jun 17, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
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 IPO | Silver Pearl Hospitality IPO | |||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.98 | 75.05 | ||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 70.20 | 27.27 | ||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 57.32 | 120 | ||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹76.14 Cr. | ₹14.14 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 4.95 | 0.00 | ||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.47 | ₹1.03 | ||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 34.81 | 2.68 | ||||||||||||||||||||||||||||||||||||||||||||||||
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 IPO | Silver Pearl Hospitality IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 68,000 shares | 2,64,000 shares |
| QIB | ||
| NII | 5,96,000 shares | 23,68,000 shares |
| RII | 5,96,000 shares | 23,68,000 shares |
| Employee | ||
| Others | ||
| Total | 11,92,000 shares | 47,36,000 shares |
Modi's Navnirman IPO subscribed 1.99x in total, whereas Silver Pearl Hospitality IPO subscribed 1.68x.
| Modi's Navnirman IPO | Silver Pearl Hospitality IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.76x | 0.80x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.22x | 2.56x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.99x | 1.68x |
