Identical Brains Studios IPO vs NACDAC Infrastructure IPO

Comparison between Identical Brains Studios IPO and NACDAC Infrastructure IPO.

IPO Details

Identical Brains Studios IPO is a SME Bookbuilding IPO proposed to list at NSE SME while NACDAC Infrastructure IPO is a SME Bookbuilding proposed to list at BSE SME.

	Identical Brains Studios IPO	NACDAC Infrastructure IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	BSE SME
Lead Managers	Socradamus Capital Pvt.Ltd.	GYR Capital Advisors Pvt.Ltd.
Registrar	Bigshare Services Pvt.Ltd.	Maashitla Securities Pvt.Ltd.
Market Maker	Rikhav Securities Ltd.	Giriraj Stock Broking Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Identical Brains Studios IPO is up to ₹18.94 Cr whereas the issue size of the NACDAC Infrastructure IPO is up to ₹9.24 Cr. The final issue price of Identical Brains Studios IPO is ₹54.00 per share and of NACDAC Infrastructure IPO is ₹35.00 per share.

	Identical Brains Studios IPO	NACDAC Infrastructure IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹51.00 per share	₹33.00 per share
Issue Price (Upper)	₹54.00 per share	₹35.00 per share
Issue Price (Final)	₹54.00 per share	₹35.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	2000 shares	4000 shares
Fresh Issue Size	35,08,000 shares	26,40,000 shares
Fresh Issue Size (Amount)	up to ₹18.94 Cr	up to ₹9.24 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	35,08,000 shares	26,40,000 shares
Issue Size Total (Amount)	up to ₹18.94 Cr	up to ₹9.24 Cr

IPO Timetable

Identical Brains Studios IPO opens on Dec 18, 2024, while NACDAC Infrastructure IPO opens on Dec 17, 2024. The closing date of Identical Brains Studios IPO and NACDAC Infrastructure IPO is Dec 20, 2024, and Dec 19, 2024, respectively.

	Identical Brains Studios IPO	NACDAC Infrastructure IPO
Anchor Bid Date	Dec 17, 2024	Dec 16, 2024
Issue Open	Dec 18, 2024	Dec 17, 2024
Issue Close	Dec 20, 2024	Dec 19, 2024
Basis Of Allotment (Tentative)	Dec 23, 2024	Dec 20, 2024
Initiation of Refunds (Tentative)	Dec 24, 2024	Dec 23, 2024
Credit of Share (Tentative)	Dec 24, 2024	Dec 23, 2024
Listing date (Tentative)	Dec 26, 2024	Dec 24, 2024
Anchor Lockin End date 1	Jan 22, 2025	Jan 19, 2025
Anchor Lockin End date 2	Mar 23, 2025	Mar 20, 2025

Financials & KPIs

Identical Brains Studios IPO P/E ratio is 10.44, as compared to NACDAC Infrastructure IPO P/E ratio of 47.78.

Identical Brains Studios IPO

NACDAC Infrastructure IPO

Financials

Identical Brains Studios Limited Financial Information (Restated)

Identical Brains Studios Limited's revenue increased by 150.71% and profit after tax (PAT) rose by 231.5% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Sep 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	2,183.64	1,702.39	475.50	226.38
Total Income	1,149.62	2,026.38	808.26	390.75
Profit After Tax	240.54	534.65	161.28	51.01
Net Worth	1,436.08	1,203.62	288.51	127.23
Reserves and Surplus	402.89	514.82	287.51	126.23
Total Borrowing	17.09	19.04
Amount in ₹ Lakhs

NACDAC Infrastructure Limited Financial Information (Restated)

NACDAC Infrastructure Limited's revenue increased by 209.49% and profit after tax (PAT) rose by 464.38% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Oct 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	3,022.78	2,459.76	1,246.09	900.80
Total Income	1,376.22	3,633.22	1,173.92	1,032.10
Profit After Tax	160.42	316.90	56.15	31.55
Net Worth	1,361.22	1,200.80	581.20	487.77
Reserves and Surplus	594.71	434.29	117.05	47.19
Total Borrowing	811.17	643.24	9.49	189.92
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

86.53

95.9

Promoter Shareholding (Post-Issue)

67.13

P/E Ratio

10.44

47.78

Market Cap

₹75.74 Cr.

₹36.84 Cr.

ROE

71.66%

35.57%

ROCE

103.52%

25.88%

Debt/Equity

0.02

0.54

EPS

₹5.17

₹0.73

RoNW

44.42%

26.39%

Shares Offered

In the Identical Brains Studios IPO Retail Individual Investors (RII) are offered 12,28,000 shares while in NACDAC Infrastructure IPO retail investors are offered 12,28,000 shares. Qualified Institutional Buyers (QIB) are offered 7,04,000 shares in Identical Brains Studios IPO and 5,20,000 shares in NACDAC Infrastructure IPO.

	Identical Brains Studios IPO	NACDAC Infrastructure IPO
Anchor Investor Reserveration	10,48,000 shares	7,80,000 shares
Market Maker Reserveration	1,86,000 shares	2,20,000 shares
QIB	7,04,000 shares	5,20,000 shares
NII	5,28,000 shares	4,00,000 shares
RII	12,28,000 shares	9,40,000 shares
Employee
Others
Total	35,08,000 shares	26,40,000 shares

Bids Received (Subscription)

Identical Brains Studios IPO subscribed 544.28x in total, whereas NACDAC Infrastructure IPO subscribed 2,209.76x.

	Identical Brains Studios IPO	NACDAC Infrastructure IPO
QIB (times)	187.36x	236.39x
NII (times)	1,020.20x	4,084.46x
Big NII (times)
Small NII (times)
RII (times)	544.28x	2,503.66x
Employee (times)
Other (times)
Total (times)	544.28x	2,209.76x

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Identical Brains Studios IPO	NACDAC Infrastructure IPO
Leo Dryfruits IPO	Technichem Organics IPO
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Newmalayalam Steel IPO	Identical Brains Studios IPO
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