Nakoda Group of Industries IPO vs Waa Solar IPO

Comparison between Nakoda Group of Industries IPO and Waa Solar IPO.

IPO Details

Nakoda Group of Industries IPO is a SME Fixed Price IPO proposed to list at BSE SME while Waa Solar IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Nakoda Group of Industries IPO is up to ₹6.13 Cr whereas the issue size of the Waa Solar IPO is up to ₹30.53 Cr. The final issue price of Nakoda Group of Industries IPO is ₹35.00 per share and of Waa Solar IPO is ₹161.00 per share.

 Nakoda Group of Industries IPOWaa Solar IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹35.00 per share₹161.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares800 shares
Fresh Issue Size17,52,000 shares16,46,000 shares
Fresh Issue Size (Amount)up to ₹6.13 Crup to ₹26.50 Cr
OFS Issue Size0 shares2,50,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹4.03 Cr
Issue Size Total17,52,000 shares18,96,000 shares
Issue Size Total (Amount)up to ₹6.13 Crup to ₹30.53 Cr

IPO Timetable

Nakoda Group of Industries IPO opens on May 23, 2018, while Waa Solar IPO opens on May 31, 2018. The closing date of Nakoda Group of Industries IPO and Waa Solar IPO is May 29, 2018, and Jun 04, 2018, respectively.

 Nakoda Group of Industries IPOWaa Solar IPO
Issue OpenMay 23, 2018May 31, 2018
Issue CloseMay 29, 2018Jun 04, 2018
Basis Of Allotment (Tentative)Jun 02, 2018Jun 07, 2018
Listing date (Tentative)Jun 06, 2018Jun 12, 2018

Financials & KPIs

Nakoda Group of Industries IPO P/E ratio is , as compared to Waa Solar IPO P/E ratio of .

 Nakoda Group of Industries IPOWaa Solar IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Dec 201731 Mar 201731 Mar 201631 Mar 2015
Assets34.1527.850.580.02
Total Income43.9523.79
Profit After Tax0.990.48-0.00
NET Worth6.485.480.010.01
Reserves and Surplus1.480.480.000.00
Total Borrowing20.8115.570.56
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Nov 201731 Mar 201731 Mar 201631 Mar 2015
Assets214.07200.19198.07218.82
Total Income16.2326.0746.9054.26
Profit After Tax1.624.286.3411.53
NET Worth115.48113.86109.5981.64
Reserves and Surplus115.21113.59109.3281.45
Total Borrowing89.0478.1377.24111.18
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)72.97%69.85%
Market Cap₹23.98 Cr.₹106.80 Cr.

Shares Offered

In the Nakoda Group of Industries IPO Retail Individual Investors (RII) are offered 8,76,000 shares while in Waa Solar IPO retail investors are offered 8,76,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Nakoda Group of Industries IPO and 0 shares in Waa Solar IPO.

 Nakoda Group of Industries IPOWaa Solar IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,00,000 shares1,04,000 shares
QIB0 shares0 shares
NII8,76,000 shares9,48,000 shares
RII8,76,000 shares9,48,000 shares
Employee0 shares0 shares
Total17,52,000 shares18,96,000 shares

Bids Received (Subscription)

Nakoda Group of Industries IPO subscribed 1.32x in total, whereas Waa Solar IPO subscribed 1.60x.

 Nakoda Group of Industries IPOWaa Solar IPO
NII (times)1.90x0.74x
RII (times)0.74x2.46x
Total (times)1.32x1.60x

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Nakoda Group of Industries IPO Vs Waa Solar IPO