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Focus Business Solution IPO vs Navoday Enterprises IPO

Comparison between Focus Business Solution IPO and Navoday Enterprises IPO.

IPO Details

Focus Business Solution 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.

 Focus Business Solution IPONavoday Enterprises IPO
LogoFocus Business Solution IPO LogoNavoday Enterprises IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersNavigant Corporate Advisors Ltd.Inventure Merchant Banker Services Pvt.Ltd.
RegistrarPurva Sharegistry (India) Pvt.Ltd.Satellite Corporate Services Pvt.Ltd.
Market MakerNikunj Stock Brokers Ltd.NNM Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Focus Business Solution IPO is up to ₹1.14 Cr whereas the issue size of the Navoday Enterprises IPO is up to ₹4.37 Cr. The final issue price of Focus Business Solution IPO is ₹19.00 per share and of Navoday Enterprises IPO is ₹20.00 per share.

 Focus Business Solution IPONavoday Enterprises IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹19.00 per share₹20.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size6000 shares6000 shares
Fresh Issue Size6,00,000 shares21,84,000 shares
Fresh Issue Size (Amount)up to ₹1.14 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 Total6,00,000 shares21,84,000 shares
Issue Size Total (Amount)up to ₹1.14 Crup to ₹4.37 Cr

IPO Timetable

Focus Business Solution IPO opens on Jun 30, 2021, while Navoday Enterprises IPO opens on Jun 14, 2021. The closing date of Focus Business Solution IPO and Navoday Enterprises IPO is Jul 05, 2021, and Jun 17, 2021, respectively.

 Focus Business Solution IPONavoday Enterprises IPO
Anchor Bid Date
Issue OpenJun 30, 2021Jun 14, 2021
Issue CloseJul 05, 2021Jun 17, 2021
Basis Of Allotment (Tentative)Jul 08, 2021Jun 21, 2021
Initiation of Refunds (Tentative)Jul 09, 2021Jun 22, 2021
Credit of Share (Tentative)Jul 12, 2021Jun 23, 2021
Listing date (Tentative)Jul 13, 2021Jun 25, 2021
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Focus Business Solution IPO P/E ratio is , as compared to Navoday Enterprises IPO P/E ratio of .

 Focus Business Solution IPONavoday Enterprises IPO
Financials
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in lakhs)
31-Dec-20 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 468.19 395.66 415.64 344.76
Total Revenue 799.19 1,090.73 1,073.97 1,023.76
Profit After Tax 19.74 15.25 11.77 10.99
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in lakhs)
31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 1,378.57 513.12 531.14
Total Revenue 4,827.24 1,651.70 2,311.96
Profit After Tax 112.77 35.07 55.67
Promoter Shareholding (Pre-Issue)10099.98
Promoter Shareholding (Post-Issue)40.21
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Focus Business Solution IPO Retail Individual Investors (RII) are offered 3,00,000 shares while in Navoday Enterprises IPO retail investors are offered 3,00,000 shares. Qualified Institutional Buyers (QIB) are offered in Focus Business Solution IPO and in Navoday Enterprises IPO.

 Focus Business Solution IPONavoday Enterprises IPO
Anchor Investor Reserveration
Market Maker Reserveration42,000 shares1,20,000 shares
QIB
NII3,00,000 shares10,92,000 shares
RII3,00,000 shares10,92,000 shares
Employee
Others
Total6,00,000 shares21,84,000 shares

Bids Received (Subscription)

Focus Business Solution IPO subscribed 6.66x in total, whereas Navoday Enterprises IPO subscribed 2.36x.

 Focus Business Solution IPONavoday Enterprises IPO
QIB (times)
NII (times)3.22x0.29x
Big NII (times)
Small NII (times)
RII (times)10.10x4.44x
Employee (times)
Other (times)
Total (times)6.66x2.36x