Comparison between Navoday Enterprises IPO and Times Green Energy IPO.
Navoday Enterprises IPO is a SME Fixed Price IPO proposed to list at BSE SME while Times Green Energy IPO is a SME Fixed Price proposed to list at BSE SME.
| Navoday Enterprises IPO | Times Green Energy IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Inventure Merchant Banker Services Pvt.Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Satellite Corporate Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | NNM Securities Pvt.Ltd. | Aryaman Capital Markets Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Navoday Enterprises IPO is up to ₹4.37 Cr whereas the issue size of the Times Green Energy IPO is up to ₹3.81 Cr. The final issue price of Navoday Enterprises IPO is ₹20.00 per share and of Times Green Energy IPO is ₹61.00 per share.
| Navoday Enterprises IPO | Times Green Energy IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹20.00 per share | ₹61.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 6000 shares | 2000 shares |
| Fresh Issue Size | 21,84,000 shares | 6,24,000 shares |
| Fresh Issue Size (Amount) | up to ₹4.37 Cr | up to ₹3.81 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 | 21,84,000 shares | 6,24,000 shares |
| Issue Size Total (Amount) | up to ₹4.37 Cr | up to ₹3.81 Cr |
Navoday Enterprises IPO opens on Jun 14, 2021, while Times Green Energy IPO opens on Jun 16, 2021. The closing date of Navoday Enterprises IPO and Times Green Energy IPO is Jun 17, 2021, and Jun 22, 2021, respectively.
| Navoday Enterprises IPO | Times Green Energy IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 14, 2021 | Jun 16, 2021 |
| Issue Close | Jun 17, 2021 | Jun 22, 2021 |
| Basis Of Allotment (Tentative) | Jun 21, 2021 | Jun 25, 2021 |
| Initiation of Refunds (Tentative) | Jun 22, 2021 | Jun 28, 2021 |
| Credit of Share (Tentative) | Jun 23, 2021 | Jun 29, 2021 |
| Listing date (Tentative) | Jun 25, 2021 | Jun 30, 2021 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Navoday Enterprises IPO P/E ratio is , as compared to Times Green Energy IPO P/E ratio of .
| Navoday Enterprises IPO | Times Green Energy IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 99.98 | 79.20 | ||||
| Promoter Shareholding (Post-Issue) | 40.21 | 47.60 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹7.71 Cr. | ₹10.15 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Navoday Enterprises IPO Retail Individual Investors (RII) are offered 10,92,000 shares while in Times Green Energy IPO retail investors are offered 10,92,000 shares. Qualified Institutional Buyers (QIB) are offered in Navoday Enterprises IPO and in Times Green Energy IPO.
| Navoday Enterprises IPO | Times Green Energy IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,20,000 shares | 40,000 shares |
| QIB | ||
| NII | 10,92,000 shares | 3,12,000 shares |
| RII | 10,92,000 shares | 3,12,000 shares |
| Employee | ||
| Others | ||
| Total | 21,84,000 shares | 6,24,000 shares |
Navoday Enterprises IPO subscribed 2.36x in total, whereas Times Green Energy IPO subscribed 2.94x.
| Navoday Enterprises IPO | Times Green Energy IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 0.29x | 0.83x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 4.44x | 5.05x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.36x | 2.94x |
