Blue Pebble IPO vs Naman In-Store IPO

Comparison between Blue Pebble IPO and Naman In-Store IPO.

IPO Details

Blue Pebble 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.

	Blue Pebble IPO	Naman In-Store IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Hem Securities Ltd.	GYR Capital Advisors Pvt.Ltd.
Registrar	Bigshare Services Pvt.Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	Hem Finlease Pvt.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 Blue Pebble IPO is up to ₹17.20 Cr whereas the issue size of the Naman In-Store IPO is up to ₹24.08 Cr. The final issue price of Blue Pebble IPO is ₹168.00 per share and of Naman In-Store IPO is ₹89.00 per share.

	Blue Pebble IPO	Naman In-Store IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹159.00 per share	₹84.00 per share
Issue Price (Upper)	₹168.00 per share	₹89.00 per share
Issue Price (Final)	₹168.00 per share	₹89.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	800 shares	1600 shares
Fresh Issue Size	10,24,000 shares	27,05,600 shares
Fresh Issue Size (Amount)	up to ₹17.20 Cr	up to ₹24.08 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	10,24,000 shares	27,05,600 shares
Issue Size Total (Amount)	up to ₹17.20 Cr	up to ₹24.08 Cr

IPO Timetable

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

	Blue Pebble IPO	Naman In-Store IPO
Anchor Bid Date	Mar 22, 2024	Mar 21, 2024
Issue Open	Mar 26, 2024	Mar 22, 2024
Issue Close	Mar 28, 2024	Mar 27, 2024
Basis Of Allotment (Tentative)	Apr 01, 2024	Mar 28, 2024
Initiation of Refunds (Tentative)	Apr 02, 2024	Apr 01, 2024
Credit of Share (Tentative)	Apr 02, 2024	Apr 01, 2024
Listing date (Tentative)	Apr 03, 2024	Apr 02, 2024
Anchor Lockin End date 1	May 01, 2024	Apr 27, 2024
Anchor Lockin End date 2	Jun 30, 2024	Jun 26, 2024

Financials & KPIs

Blue Pebble IPO P/E ratio is 25.16, as compared to Naman In-Store IPO P/E ratio of 17.95.

Blue Pebble IPO

Naman In-Store IPO

Financials

Blue Pebble Limited Financial Information (Restated)

Blue Pebble Limited's revenue increased by 190.98% and profit after tax (PAT) rose by 426.49% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	934.35	876.36	342.62	299.88
Total Income	1,322.68	1,594.96	548.14	421.04
Profit After Tax	291.78	200.33	38.05	20.06
Net Worth	606.17	314.39	114.06	76.01
Reserves and Surplus	306.17	313.39	113.06	75.01
Total Borrowing		27.28	37.20	37.20
Amount in ₹ Lakhs

Naman In-Store (India) Limited Financial Information (Restated)

Naman In-Store (India) Limited's revenue increased by 193.48% and profit after tax (PAT) rose by 1696.28% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets		5,598.94	3,074.09	1,693.00
Total Income	7,929.71	14,993.50	5,108.94	1,341.28
Profit After Tax	618.89	381.71	21.25	5.08
Net Worth	1,203.48	584.59	202.88	131.64
Reserves and Surplus		488.94	53.48	41.64
Total Borrowing	3,166.06	2,944.09	1,883.91	1,023.91
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00

Promoter Shareholding (Post-Issue)

73.52

P/E Ratio

25.16

17.95

Market Cap

₹68.54 Cr.

₹93.88 Cr.

ROE

63.39%

69.22%

ROCE

64.12%

24.51%

Debt/Equity

EPS

₹6.68

₹4.96

RoNW

48.14%

51.42%

Shares Offered

In the Blue Pebble IPO Retail Individual Investors (RII) are offered 3,59,200 shares while in Naman In-Store IPO retail investors are offered 3,59,200 shares. Qualified Institutional Buyers (QIB) are offered 2,04,800 shares in Blue Pebble IPO and 5,40,800 shares in Naman In-Store IPO.

	Blue Pebble IPO	Naman In-Store IPO
Anchor Investor Reserveration	3,05,600 shares	8,11,200 shares
Market Maker Reserveration	56,000 shares	1,42,400 shares
QIB	2,04,800 shares	5,40,800 shares
NII	1,54,400 shares	4,06,400 shares
RII	3,59,200 shares	9,47,200 shares
Employee
Others
Total	10,24,000 shares	27,05,600 shares

Bids Received (Subscription)

Blue Pebble IPO subscribed 56.32x in total, whereas Naman In-Store IPO subscribed 309.03x.

	Blue Pebble IPO	Naman In-Store IPO
QIB (times)	21.77x	109.75x
NII (times)	97.31x	528.12x
Big NII (times)
Small NII (times)
RII (times)	58.40x	328.80x
Employee (times)
Other (times)
Total (times)	56.32x	309.03x

Compare with others

Blue Pebble IPO	Naman In-Store IPO
Yash Optics IPO	TAC Infosec IPO
GConnect Logitech IPO	Radiowalla Network IPO
TAC Infosec IPO	Aspire & Innovative IPO
Radiowalla Network IPO	Blue Pebble IPO
Aspire & Innovative IPO	Vruddhi Engineering Works IPO
Vruddhi Engineering Works IPO	Omfurn India FPO
Naman In-Store IPO	Vishwas Agri Seeds IPO
Omfurn India FPO	Chatha Foods IPO
Vishwas Agri Seeds IPO	Enser Communications IPO
Chatha Foods IPO	Enfuse Solutions IPO