ProStocks Logo
Unlimited Trades ₹899 Monthly
www.ProStocks.com
Contact us

Navoday Enterprises IPO vs Times Green Energy IPO

Comparison between Navoday Enterprises IPO and Times Green Energy IPO.

IPO Details

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 IPOTimes Green Energy IPO
LogoNavoday Enterprises IPO LogoTimes Green Energy IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersInventure Merchant Banker Services Pvt.Ltd.Aryaman Financial Services Ltd.
RegistrarSatellite Corporate Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerNNM Securities Pvt.Ltd.Aryaman Capital Markets Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

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 IPOTimes Green Energy IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹20.00 per share₹61.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares2000 shares
Fresh Issue Size21,84,000 shares6,24,000 shares
Fresh Issue Size (Amount)up to ₹4.37 Crup to ₹3.81 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total21,84,000 shares6,24,000 shares
Issue Size Total (Amount)up to ₹4.37 Crup to ₹3.81 Cr

IPO Timetable

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 IPOTimes Green Energy IPO
Issue OpenJun 14, 2021Jun 16, 2021
Issue CloseJun 17, 2021Jun 22, 2021
Basis Of Allotment (Tentative)Jun 21, 2021Jun 25, 2021
Initiation of Refunds (Tentative)Jun 22, 2021Jun 28, 2021
Credit of Share (Tentative)Jun 23, 2021Jun 29, 2021
Listing date (Tentative)Jun 25, 2021Jun 30, 2021

Financials & KPIs

Navoday Enterprises IPO P/E ratio is , as compared to Times Green Energy IPO P/E ratio of .

 Navoday Enterprises IPOTimes Green Energy IPO
Financials

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

Company Financials (Restated)

Period Ended31 Dec 202031 Mar 202031 Mar 201931 Mar 2018
Assets4.123.722.423.92
Total Income5.8715.1515.1620.19
Profit After Tax5.8715.1515.1520.19
NET Worth1.441.321.270.42
Reserves and Surplus0.520.390.270.17
Total Borrowing0.200.200.070.75
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.98%79.2%
Promoter Shareholding (Post-Issue)40.21%47.6%
Market Cap₹7.71 Cr.₹10.15 Cr.

Shares Offered

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 IPOTimes Green Energy IPO
Market Maker Reservation1,20,000 shares40,000 shares
NII10,92,000 shares3,12,000 shares
RII10,92,000 shares3,12,000 shares
Total21,84,000 shares6,24,000 shares

Bids Received (Subscription)

Navoday Enterprises IPO subscribed 2.36x in total, whereas Times Green Energy IPO subscribed 2.94x.

 Navoday Enterprises IPOTimes Green Energy IPO
NII (times)0.29x0.83x
RII (times)4.44x5.05x
Total (times)2.36x2.94x

Compare with others

Navoday Enterprises IPOTimes Green Energy IPO
AA Plus Tradelink IPOGretex Corporate IPO
Walpar Nutritions IPORex Pipes IPO
Focus Business Solution IPOAA Plus Tradelink IPO
Times Green Energy IPOWalpar Nutritions IPO
Adeshwar Meditex IPOFocus Business Solution IPO
Abhishek Integrations IPOAdeshwar Meditex IPO
Kuberan Global Edu IPONavoday Enterprises IPO
Jetmall Spices IPOAbhishek Integrations IPO
V-Marc India IPOKuberan Global Edu IPO
Rajeshwari Cans IPOJetmall Spices IPO

Compare:

Navoday Enterprises IPO Vs Times Green Energy IPO