Comparison between Net Avenue Technologies IPO and Rockingdeals Circular IPO.
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 |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
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 |
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 |
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 | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 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% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 Reservation | 16,16,000 shares | 4,20,000 shares |
| Market Maker Reservation | 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 |
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 |
