Net Avenue Technologies IPO vs Rockingdeals Circular IPO

Comparison between Net Avenue Technologies IPO and Rockingdeals Circular IPO.

IPO Details

Net Avenue Technologies IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Rockingdeals Circular IPO is a SME Bookbuilding proposed to list at NSE SME.

	Net Avenue Technologies IPO	Rockingdeals Circular 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	Shreni Shares 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 Net Avenue Technologies IPO is up to ₹9.73 Cr whereas the issue size of the Rockingdeals Circular IPO is up to ₹19.81 Cr. The final issue price of Net Avenue Technologies IPO is ₹18.00 per share and of Rockingdeals Circular IPO is ₹140.00 per share.

	Net Avenue Technologies IPO	Rockingdeals Circular IPO
Face Value	₹1 per share	₹10 per share
Issue Price (Lower)	₹16.00 per share	₹136.00 per share
Issue Price (Upper)	₹18.00 per share	₹140.00 per share
Issue Price (Final)	₹18.00 per share	₹140.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	8000 shares	1000 shares
Fresh Issue Size	54,08,000 shares	14,15,000 shares
Fresh Issue Size (Amount)	up to ₹9.73 Cr	up to ₹19.81 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	54,08,000 shares	14,15,000 shares
Issue Size Total (Amount)	up to ₹9.73 Cr	up to ₹19.81 Cr

IPO Timetable

Net Avenue Technologies IPO opens on Nov 30, 2023, while Rockingdeals Circular IPO opens on Nov 22, 2023. The closing date of Net Avenue Technologies IPO and Rockingdeals Circular IPO is Dec 04, 2023, and Nov 24, 2023, respectively.

	Net Avenue Technologies IPO	Rockingdeals Circular IPO
Anchor Bid Date	Nov 29, 2023	Nov 21, 2023
Issue Open	Nov 30, 2023	Nov 22, 2023
Issue Close	Dec 04, 2023	Nov 24, 2023
Basis Of Allotment (Tentative)	Dec 07, 2023	Nov 28, 2023
Initiation of Refunds (Tentative)	Dec 08, 2023	Nov 29, 2023
Credit of Share (Tentative)	Dec 11, 2023	Nov 29, 2023
Listing date (Tentative)	Dec 08, 2023	Nov 30, 2023
Anchor Lockin End date 1	Jan 06, 2024	Dec 28, 2023
Anchor Lockin End date 2	Mar 06, 2024	Feb 26, 2024

Financials & KPIs

Net Avenue Technologies IPO P/E ratio is 8.57, as compared to Rockingdeals Circular IPO P/E ratio of 33.33.

Net Avenue Technologies IPO

Rockingdeals Circular IPO

Financials

Net Avenue Technologies Limited Financial Information (Restated Consolidated)

Net Avenue Technologies Limited's revenue increased by 5.34% and profit after tax (PAT) dropped by -32.55% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,317.92	1,419.90	1,295.26	769.85
Total Income	783.89	3,451.26	3,276.16	1,447.54
Profit After Tax	94.39	176.40	261.51	23.11
Net Worth	328.70	233.54	42.57	-228.37
Reserves and Surplus	306.57	211.41	20.44	-250.50
Total Borrowing	292.69	276.06	84.24	191.07
Amount in ₹ Lakhs

Rocking Deals Circular Economy Limited Financial Information (Restated)

Rocking Deals Circular Economy Limited's revenue decreased by -1.01% and profit after tax (PAT) rose by 974.19% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,437.45	1,226.60	1,397.27	1,863.09
Total Income	958.15	1,517.53	1,533.08	1,069.62
Profit After Tax	125.15	154.34	14.37	-1.48
Net Worth	818.46	693.31	538.97	539.48
Reserves and Surplus	450.58	681.05	526.71	527.21
Total Borrowing	372.81	393.20	406.10	411.85
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

45.31

88.45

Promoter Shareholding (Post-Issue)

33.28

65.00

P/E Ratio

8.57

33.33

Market Cap

₹38.62 Cr.

₹79.23 Cr.

ROE

127.77%

25.05%

ROCE

5.28%

22.73%

Debt/Equity

1.18

EPS

₹2.10

₹4.20

RoNW

75.53%

22.26%

Shares Offered

In the Net Avenue Technologies IPO Retail Individual Investors (RII) are offered 18,96,000 shares while in Rockingdeals Circular IPO retail investors are offered 18,96,000 shares. Qualified Institutional Buyers (QIB) are offered 10,80,000 shares in Net Avenue Technologies IPO and 2,80,000 shares in Rockingdeals Circular IPO.

	Net Avenue Technologies IPO	Rockingdeals Circular IPO
Anchor Investor Reserveration	16,16,000 shares	4,20,000 shares
Market Maker Reserveration	2,88,000 shares	85,000 shares
QIB	10,80,000 shares	2,80,000 shares
NII	8,16,000 shares	2,15,000 shares
RII	18,96,000 shares	5,00,000 shares
Employee
Others
Total	54,08,000 shares	14,15,000 shares

Bids Received (Subscription)

Net Avenue Technologies IPO subscribed 511.21x in total, whereas Rockingdeals Circular IPO subscribed 213.64x.

	Net Avenue Technologies IPO	Rockingdeals Circular IPO
QIB (times)	61.99x	47.38x
NII (times)	616.25x	458.60x
Big NII (times)
Small NII (times)
RII (times)	721.89x	201.42x
Employee (times)
Other (times)
Total (times)	511.21x	213.64x

Compare with others

Net Avenue Technologies IPO	Rockingdeals Circular IPO
Accent Microcell IPO	Graphisads IPO
Marinetrans IPO	AMIC Forging IPO
Shanti Spintex IPO	Net Avenue Technologies IPO
Graphisads IPO	Deepak Chemtex IPO
AMIC Forging IPO	Swashthik Plascon IPO
Deepak Chemtex IPO	Arrowhead Seperation Engineering IPO
Swashthik Plascon IPO	Kalyani Cast Tech IPO
Rockingdeals Circular IPO	ROX Hi-Tech IPO
Arrowhead Seperation Engineering IPO	Sunrest Lifescience IPO
Kalyani Cast Tech IPO	Sheetal Universal IPO