Neelam Linens IPO vs Onyx Biotec IPO

Comparison between Neelam Linens IPO and Onyx Biotec IPO.

IPO Details

Neelam Linens IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Onyx Biotec IPO is a SME Bookbuilding proposed to list at NSE SME.

	Neelam Linens IPO	Onyx Biotec IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Expert Global Consultants Pvt.Ltd.	Horizon Management Pvt.Ltd.
Registrar	Purva Sharegistry (India) Pvt.Ltd.	MAS Services Ltd.
Market Maker	Globalworth Securities 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 Neelam Linens IPO is up to ₹12.34 Cr whereas the issue size of the Onyx Biotec IPO is up to ₹27.85 Cr. The final issue price of Neelam Linens IPO is ₹24.00 per share and of Onyx Biotec IPO is ₹61.00 per share.

	Neelam Linens IPO	Onyx Biotec IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹20.00 per share	₹58.00 per share
Issue Price (Upper)	₹24.00 per share	₹61.00 per share
Issue Price (Final)	₹24.00 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	51,42,000 shares	45,66,000 shares
Fresh Issue Size (Amount)	up to ₹12.34 Cr	up to ₹27.85 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	51,42,000 shares	45,66,000 shares
Issue Size Total (Amount)	up to ₹12.34 Cr	up to ₹27.85 Cr

IPO Timetable

Neelam Linens IPO opens on Nov 08, 2024, while Onyx Biotec IPO opens on Nov 13, 2024. The closing date of Neelam Linens IPO and Onyx Biotec IPO is Nov 12, 2024, and Nov 18, 2024, respectively.

	Neelam Linens IPO	Onyx Biotec IPO
Anchor Bid Date	Nov 07, 2024	Nov 12, 2024
Issue Open	Nov 08, 2024	Nov 13, 2024
Issue Close	Nov 12, 2024	Nov 18, 2024
Basis Of Allotment (Tentative)	Nov 13, 2024	Nov 19, 2024
Initiation of Refunds (Tentative)	Nov 14, 2024	Nov 20, 2024
Credit of Share (Tentative)	Nov 14, 2024	Nov 20, 2024
Listing date (Tentative)	Nov 18, 2024	Nov 22, 2024
Anchor Lockin End date 1	Dec 13, 2024	Dec 19, 2024
Anchor Lockin End date 2	Feb 11, 2025	Feb 17, 2025

Financials & KPIs

Neelam Linens IPO P/E ratio is 14.44, as compared to Onyx Biotec IPO P/E ratio of 26.81.

Neelam Linens IPO

Onyx Biotec IPO

Financials

Neelam Linens and Garments (India) Ltd Financial Information (Restated Consolidated)

Neelam Linens and Garments (India) Ltd's revenue decreased by -0.63% and profit after tax (PAT) rose by 3.43% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Jun 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	12,050.23	12,116.76	9,967.97	7,860.13	6,467.92
Total Income	2,195.39	10,474.42	10,541.13	10,379.69	8,017.82
Profit After Tax	80.46	246.05	237.88	298.58	41.53
Net Worth	2,428.80	2,348.34	2,102.30	1,468.42	1,169.84
Reserves and Surplus	948.80	868.34	1,362.30	1,448.42	1,149.84
Total Borrowing	7,566.04	6,964.94	6,534.02	5,110.22	5,259.22
Amount in ₹ Lakhs

Onyx Biotec Limited Financial Information (Restated)

Onyx Biotec Limited's revenue increased by 35.99% and profit after tax (PAT) rose by 64.35% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 May 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	7,476.57	7,413.58	5,872.36	3,683.84
Total Income	1,054.11	5,387.43	3,961.65	4,498.09
Profit After Tax	130.77	303.16	184.46	335.29
Net Worth	2,618.64	2,487.87	1,820.16	1,637.59
Reserves and Surplus	1,286.42	1,155.65	1,230.00	1,047.43
Total Borrowing	3,156.14	3,078.04	2,922.83	1,224.39
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

74.18

88.60

Promoter Shareholding (Post-Issue)

54.29

P/E Ratio

14.44

26.81

Market Cap

₹48.52 Cr.

₹110.61 Cr.

ROE

2.99%

4.99%

ROCE

3.84%

3.71%

Debt/Equity

3.12

1.21

EPS

₹1.66

₹2.28

RoNW

3.31%

4.99%

Shares Offered

In the Neelam Linens IPO Retail Individual Investors (RII) are offered 18,00,000 shares while in Onyx Biotec IPO retail investors are offered 18,00,000 shares. Qualified Institutional Buyers (QIB) are offered 10,32,000 shares in Neelam Linens IPO and 9,12,000 shares in Onyx Biotec IPO.

	Neelam Linens IPO	Onyx Biotec IPO
Anchor Investor Reserveration	15,36,000 shares	13,66,000 shares
Market Maker Reserveration	2,76,000 shares	2,44,000 shares
QIB	10,32,000 shares	9,12,000 shares
NII	7,74,000 shares	6,88,000 shares
RII	18,00,000 shares	16,00,000 shares
Employee
Others
Total	51,42,000 shares	45,66,000 shares

Bids Received (Subscription)

Neelam Linens IPO subscribed 91.97x in total, whereas Onyx Biotec IPO subscribed 198.00x.

	Neelam Linens IPO	Onyx Biotec IPO
QIB (times)	15.40x	32.49x
NII (times)	273.47x	602.86x
Big NII (times)
Small NII (times)
RII (times)	57.82x	118.26x
Employee (times)
Other (times)
Total (times)	91.97x	198.00x

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