Aspire & Innovative IPO vs Naman In-Store IPO

Comparison between Aspire & Innovative IPO and Naman In-Store IPO.

IPO Details

Aspire & Innovative IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Naman In-Store IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Aspire & Innovative IPO is up to ₹20.87 Cr whereas the issue size of the Naman In-Store IPO is up to ₹24.08 Cr. The final issue price of Aspire & Innovative IPO is ₹54.00 per share and of Naman In-Store IPO is ₹89.00 per share.

 Aspire & Innovative IPONaman In-Store IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹51.00 per share₹84.00 per share
Issue Price (Upper)₹54.00 per share₹89.00 per share
Issue Price (Final)₹54.00 per share₹89.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1600 shares
Fresh Issue Size38,64,000 shares27,05,600 shares
Fresh Issue Size (Amount)up to ₹20.87 Crup to ₹24.08 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total38,64,000 shares27,05,600 shares
Issue Size Total (Amount)up to ₹20.87 Crup to ₹24.08 Cr

IPO Timetable

Aspire & Innovative IPO opens on Mar 26, 2024, while Naman In-Store IPO opens on Mar 22, 2024. The closing date of Aspire & Innovative IPO and Naman In-Store IPO is Mar 28, 2024, and Mar 27, 2024, respectively.

 Aspire & Innovative IPONaman In-Store IPO
Anchor Bid DateMar 22, 2024Mar 21, 2024
Issue OpenMar 26, 2024Mar 22, 2024
Issue CloseMar 28, 2024Mar 27, 2024
Basis Of Allotment (Tentative)Apr 01, 2024Mar 28, 2024
Initiation of Refunds (Tentative)Apr 02, 2024Apr 01, 2024
Credit of Share (Tentative)Apr 02, 2024Apr 01, 2024
Listing date (Tentative)Apr 03, 2024Apr 02, 2024
Anchor Lockin End date 1May 01, 2024Apr 27, 2024
Anchor Lockin End date 2Jun 30, 2024Jun 26, 2024

Financials & KPIs

Aspire & Innovative IPO P/E ratio is 11.3, as compared to Naman In-Store IPO P/E ratio of 17.95.

 Aspire & Innovative IPONaman In-Store IPO
Financials

Company Financials (Restated Standalone)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets81.3662.5753.2834.92
Total Income177.10346.20255.58108.33
Profit After Tax3.935.314.372.28
NET Worth19.4515.5110.205.21
Reserves and Surplus8.3414.409.095.20
Total Borrowing11.618.821.110.56
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets55.9930.7416.93
Total Income79.30149.9451.0913.41
Profit After Tax6.193.820.210.05
NET Worth12.035.852.031.32
Reserves and Surplus4.890.530.42
Total Borrowing31.6629.4418.8410.24
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)98.84100.00
Promoter Shareholding (Post-Issue)72.35
P/E Ratio11.317.95
Market Cap₹81.96 Cr.₹93.88 Cr.
ROE22.50%69.22%
ROCE18.59%24.51%
Debt/Equity0.60
EPS₹4.78₹4.96
RoNW20.22%51.42%

Shares Offered

In the Aspire & Innovative IPO Retail Individual Investors (RII) are offered 13,54,000 shares while in Naman In-Store IPO retail investors are offered 13,54,000 shares. Qualified Institutional Buyers (QIB) are offered 7,74,000 shares in Aspire & Innovative IPO and 5,40,800 shares in Naman In-Store IPO.

 Aspire & Innovative IPONaman In-Store IPO
Anchor Investor Reservation11,56,000 shares8,11,200 shares
Market Maker Reservation2,04,000 shares1,42,400 shares
QIB7,74,000 shares5,40,800 shares
NII5,80,000 shares4,06,400 shares
RII13,54,000 shares9,47,200 shares
Employee
Others
Total38,64,000 shares27,05,600 shares

Bids Received (Subscription)

Aspire & Innovative IPO subscribed 15.17x in total, whereas Naman In-Store IPO subscribed 309.03x.

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Aspire & Innovative IPO Vs Naman In-Store IPO