Effwa Infra IPO vs Nephro Care IPO

Comparison between Effwa Infra IPO and Nephro Care IPO.

IPO Details

Effwa Infra IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Nephro Care IPO is a SME Bookbuilding proposed to list at NSE SME.

	Effwa Infra IPO	Nephro Care IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Shreni Shares Ltd.	Corporate Capitalventures Pvt.Ltd.
Registrar	Bigshare Services Pvt.Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	Rikhav Securities Ltd.	SS Corporate Securities 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 Effwa Infra IPO is up to ₹48.61 Cr whereas the issue size of the Nephro Care IPO is up to ₹39.18 Cr. The final issue price of Effwa Infra IPO is ₹82.00 per share and of Nephro Care IPO is ₹90.00 per share.

	Effwa Infra IPO	Nephro Care IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹78.00 per share	₹85.00 per share
Issue Price (Upper)	₹82.00 per share	₹90.00 per share
Issue Price (Final)	₹82.00 per share	₹90.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)		₹0.00 per share
Market Lot Size	1600 shares	1600 shares
Fresh Issue Size	49,92,000 shares	43,53,600 shares
Fresh Issue Size (Amount)	up to ₹40.93 Cr	up to ₹39.18 Cr
OFS Issue Size	9,36,000 shares	0 shares
OFS Issue Size (Amount)	up to ₹7.68 Cr	up to ₹0.00 Cr
Issue Size Total	59,28,000 shares	43,53,600 shares
Issue Size Total (Amount)	up to ₹48.61 Cr	up to ₹39.18 Cr

IPO Timetable

Effwa Infra IPO opens on Jul 05, 2024, while Nephro Care IPO opens on Jun 28, 2024. The closing date of Effwa Infra IPO and Nephro Care IPO is Jul 09, 2024, and Jul 02, 2024, respectively.

	Effwa Infra IPO	Nephro Care IPO
Anchor Bid Date	Jul 04, 2024	Jun 27, 2024
Issue Open	Jul 05, 2024	Jun 28, 2024
Issue Close	Jul 09, 2024	Jul 02, 2024
Basis Of Allotment (Tentative)	Jul 10, 2024	Jul 03, 2024
Initiation of Refunds (Tentative)	Jul 11, 2024	Jul 04, 2024
Credit of Share (Tentative)	Jul 11, 2024	Jul 04, 2024
Listing date (Tentative)	Jul 12, 2024	Jul 05, 2024
Anchor Lockin End date 1	Aug 09, 2024	Aug 02, 2024
Anchor Lockin End date 2	Oct 08, 2024	Oct 01, 2024

Financials & KPIs

Effwa Infra IPO P/E ratio is 10.59, as compared to Nephro Care IPO P/E ratio of 55.15.

Effwa Infra IPO

Nephro Care IPO

Financials

Effwa Infra & Research Limited Financial Information (Restated)

Effwa Infra & Research Limited's revenue increased by 26.08% and profit after tax (PAT) rose by 169% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	8,302.83	6,478.54	4,648.21
Total Income	14,551.46	11,541.36	10,461.67
Profit After Tax	1,380.06	513.04	459.99
Net Worth	3,715.05	2,355.89	1,842.85
Reserves and Surplus	1,932.01	2,123.32	1,610.28
Total Borrowing	1,406.44	1,623.01	1,026.11
Amount in ₹ Lakhs

Nephro Care India Limited Financial Information (Restated)

Nephro Care India Limited's revenue increased by 398.84% and profit after tax (PAT) rose by 19920.41% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	2,029.85	831.11	462.93	112.84
Total Income	1,989.60	1,709.51	342.70	183.26
Profit After Tax	340.04	194.24	-0.98	8.87
Net Worth	1,392.32	243.76	49.52	1.50
Reserves and Surplus	1,332.81	193.76	-0.48	0.50
Total Borrowing		246.39	253.74	69.27
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.99

85.02

Promoter Shareholding (Post-Issue)

72.99

61.39

P/E Ratio

10.59

55.15

Market Cap

₹189.81 Cr.

₹148.38 Cr.

ROE

45.46%

41.57%

ROCE

40.99%

36.56%

Debt/Equity

0.38

EPS

₹7.74

₹1.63

RoNW

37.15%

24.42%

Shares Offered

In the Effwa Infra IPO Retail Individual Investors (RII) are offered 20,91,200 shares while in Nephro Care IPO retail investors are offered 20,91,200 shares. Qualified Institutional Buyers (QIB) are offered 11,68,000 shares in Effwa Infra IPO and 8,25,600 shares in Nephro Care IPO.

	Effwa Infra IPO	Nephro Care IPO
Anchor Investor Reserveration	17,48,800 shares	12,38,400 shares
Market Maker Reserveration	3,24,800 shares	2,30,400 shares
QIB	11,68,000 shares	8,25,600 shares
NII	9,20,000 shares	6,19,200 shares
RII	20,91,200 shares	14,44,800 shares
Employee		2,25,600 shares
Others
Total	59,28,000 shares	43,53,600 shares

Bids Received (Subscription)

Effwa Infra IPO subscribed 313.65x in total, whereas Nephro Care IPO subscribed 715.78x.

	Effwa Infra IPO	Nephro Care IPO
QIB (times)	166.56x	245.14x
NII (times)	477.27x	1,787.19x
Big NII (times)
Small NII (times)
RII (times)	323.81x	634.12x
Employee (times)
Other (times)
Total (times)	313.65x	715.78x

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Effwa Infra IPO	Nephro Care IPO
Prizor Viztech IPO	Sahaj Solar IPO
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