Comparison between Neptune Logitek IPO and Nikita Papers IPO.
Neptune Logitek IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Nikita Papers IPO is a SME Bookbuilding proposed to list at NSE SME.
| Neptune Logitek IPO | Nikita Papers IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Galactico Corporate Services Ltd. | Novus Capital Advisors Private Limited |
| Registrar | Bigshare Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Asnani Stock Broker Pvt.Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Neptune Logitek IPO is up to ₹44.29 Cr whereas the issue size of the Nikita Papers IPO is up to ₹64.15 Cr. The final issue price of Neptune Logitek IPO is ₹126.00 per share and of Nikita Papers IPO is ₹104.00 per share.
| Neptune Logitek IPO | Nikita Papers IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹95.00 per share | |
| Issue Price (Upper) | ₹104.00 per share | |
| Issue Price (Final) | ₹126.00 per share | ₹104.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 1200 shares |
| Fresh Issue Size | 35,15,000 shares | 61,68,000 shares |
| Fresh Issue Size (Amount) | up to ₹44.29 Cr | up to ₹64.15 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 | 35,15,000 shares | 61,68,000 shares |
| Issue Size Total (Amount) | up to ₹44.29 Cr | up to ₹64.15 Cr |
Neptune Logitek IPO opens on Dec 15, 2025, while Nikita Papers IPO opens on May 27, 2025. The closing date of Neptune Logitek IPO and Nikita Papers IPO is Dec 17, 2025, and May 29, 2025, respectively.
| Neptune Logitek IPO | Nikita Papers IPO | |
|---|---|---|
| Anchor Bid Date | May 26, 2025 | |
| Issue Open | Dec 15, 2025 | May 27, 2025 |
| Issue Close | Dec 17, 2025 | May 29, 2025 |
| Basis Of Allotment (Tentative) | Dec 18, 2025 | May 30, 2025 |
| Initiation of Refunds (Tentative) | Dec 19, 2025 | Jun 02, 2025 |
| Credit of Share (Tentative) | Dec 19, 2025 | Jun 02, 2025 |
| Listing date (Tentative) | Dec 22, 2025 | Jun 03, 2025 |
| Anchor Lockin End date 1 | Jun 30, 2025 | |
| Anchor Lockin End date 2 | Aug 28, 2025 |
Neptune Logitek IPO P/E ratio is 13.76, as compared to Nikita Papers IPO P/E ratio of 11.39.
| Neptune Logitek IPO | Nikita Papers IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)Neptune Logitek Ltd.'s revenue increased by 48% and profit after tax (PAT) rose by 254228% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 80.38 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.99 | 59.21 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.76 | 11.39 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹172.62 Cr. | ₹256.55 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 14.89% | 21.45% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 21.25% | 28.71% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.91 | 0.45 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹9.16 | ₹9.13 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 45.89% | 21.45% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Neptune Logitek IPO Retail Individual Investors (RII) are offered 17,57,500 shares while in Nikita Papers IPO retail investors are offered 17,57,500 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Neptune Logitek IPO and 22,15,200 shares in Nikita Papers IPO.
| Neptune Logitek IPO | Nikita Papers IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 8,68,800 shares |
| Market Maker Reservation | 1,85,000 shares | 3,26,400 shares |
| QIB | 0 shares | 22,15,200 shares |
| NII | 17,57,500 shares | 9,25,200 shares |
| RII | 17,57,500 shares | 21,58,800 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 35,15,000 shares | 61,68,000 shares |
Neptune Logitek IPO subscribed 1.61x in total, whereas Nikita Papers IPO subscribed 1.43x.
| Neptune Logitek IPO | Nikita Papers IPO | |
|---|---|---|
| QIB (times) | 0.74x | |
| NII (times) | 0.32x | 2.11x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.90x | 1.84x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.61x | 1.43x |
