AA Plus Tradelink IPO vs Navoday Enterprises IPO

Comparison between AA Plus Tradelink IPO and Navoday Enterprises IPO.

IPO Details

AA Plus Tradelink IPO is a SME Fixed Price IPO proposed to list at BSE SME while Navoday Enterprises IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of AA Plus Tradelink IPO is up to ₹6.13 Cr whereas the issue size of the Navoday Enterprises IPO is up to ₹4.37 Cr. The final issue price of AA Plus Tradelink IPO is ₹18.00 per share and of Navoday Enterprises IPO is ₹20.00 per share.

 AA Plus Tradelink IPONavoday Enterprises IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹18.00 per share₹20.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size8000 shares6000 shares
Fresh Issue Size34,08,000 shares21,84,000 shares
Fresh Issue Size (Amount)up to ₹6.13 Crup to ₹4.37 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total34,08,000 shares21,84,000 shares
Issue Size Total (Amount)up to ₹6.13 Crup to ₹4.37 Cr

IPO Timetable

AA Plus Tradelink IPO opens on Jul 08, 2021, while Navoday Enterprises IPO opens on Jun 14, 2021. The closing date of AA Plus Tradelink IPO and Navoday Enterprises IPO is Jul 13, 2021, and Jun 17, 2021, respectively.

 AA Plus Tradelink IPONavoday Enterprises IPO
Issue OpenJul 08, 2021Jun 14, 2021
Issue CloseJul 13, 2021Jun 17, 2021
Basis Of Allotment (Tentative)Jul 16, 2021Jun 21, 2021
Initiation of Refunds (Tentative)Jul 19, 2021Jun 22, 2021
Credit of Share (Tentative)Jul 19, 2021Jun 23, 2021
Listing date (Tentative)Jul 22, 2021Jun 25, 2021

Financials & KPIs

AA Plus Tradelink IPO P/E ratio is , as compared to Navoday Enterprises IPO P/E ratio of .

 AA Plus Tradelink IPONavoday Enterprises IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202131 Mar 202031 Mar 2019
Assets15.4510.209.64
Total Income9.5117.325.20
Profit After Tax0.130.140.10
EBITDA0.210.230.22
NET Worth6.065.935.79
Reserves and Surplus1.501.373.51
Total Borrowing1.140.950.01
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 202031 Mar 202031 Mar 201931 Mar 2018
Assets13.0413.795.135.31
Total Income14.8448.2716.5223.12
Profit After Tax0.391.130.350.56
EBITDA0.771.370.791.06
NET Worth3.272.871.741.39
Reserves and Surplus1.721.321.731.38
Total Borrowing0.000.000.000.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)58.63%99.98%
Promoter Shareholding (Post-Issue)32.78%40.21%
Market Cap₹14.70 Cr.₹7.71 Cr.

Shares Offered

In the AA Plus Tradelink IPO Retail Individual Investors (RII) are offered 17,04,000 shares while in Navoday Enterprises IPO retail investors are offered 17,04,000 shares. Qualified Institutional Buyers (QIB) are offered in AA Plus Tradelink IPO and in Navoday Enterprises IPO.

 AA Plus Tradelink IPONavoday Enterprises IPO
Market Maker Reservation1,92,000 shares1,20,000 shares
NII17,04,000 shares10,92,000 shares
RII17,04,000 shares10,92,000 shares
Total34,08,000 shares21,84,000 shares

Bids Received (Subscription)

AA Plus Tradelink IPO subscribed 1.46x in total, whereas Navoday Enterprises IPO subscribed 2.36x.

 AA Plus Tradelink IPONavoday Enterprises IPO
NII (times)0.32x0.29x
RII (times)2.61x4.44x
Total (times)1.46x2.36x

Compare with others

Compare: