Comparison between Net Avenue Technologies IPO and Shanti Spintex IPO.
Net Avenue Technologies IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Shanti Spintex IPO is a SME Bookbuilding proposed to list at BSE SME.
| Net Avenue Technologies IPO | Shanti Spintex IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Shreni Shares Ltd. | Hem Securities Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Shreni Shares Ltd. | Hem Finlease Pvt.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 Shanti Spintex IPO is up to ₹29.68 Cr. The final issue price of Net Avenue Technologies IPO is ₹18.00 per share and of Shanti Spintex IPO is ₹70.00 per share.
| Net Avenue Technologies IPO | Shanti Spintex IPO | |
|---|---|---|
| Face Value | ₹1 per share | ₹10 per share |
| Issue Price (Lower) | ₹16.00 per share | ₹66.00 per share |
| Issue Price (Upper) | ₹18.00 per share | ₹70.00 per share |
| Issue Price (Final) | ₹18.00 per share | ₹70.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 8000 shares | 2000 shares |
| Fresh Issue Size | 54,08,000 shares | 24,64,000 shares |
| Fresh Issue Size (Amount) | up to ₹9.73 Cr | up to ₹17.25 Cr |
| OFS Issue Size | 0 shares | 17,76,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹12.43 Cr |
| Issue Size Total | 54,08,000 shares | 42,40,000 shares |
| Issue Size Total (Amount) | up to ₹9.73 Cr | up to ₹29.68 Cr |
Net Avenue Technologies IPO opens on Nov 30, 2023, while Shanti Spintex IPO opens on Dec 19, 2023. The closing date of Net Avenue Technologies IPO and Shanti Spintex IPO is Dec 04, 2023, and Dec 21, 2023, respectively.
| Net Avenue Technologies IPO | Shanti Spintex IPO | |
|---|---|---|
| Anchor Bid Date | Nov 29, 2023 | Dec 18, 2023 |
| Issue Open | Nov 30, 2023 | Dec 19, 2023 |
| Issue Close | Dec 04, 2023 | Dec 21, 2023 |
| Basis Of Allotment (Tentative) | Dec 07, 2023 | Dec 22, 2023 |
| Initiation of Refunds (Tentative) | Dec 08, 2023 | Dec 26, 2023 |
| Credit of Share (Tentative) | Dec 11, 2023 | Dec 26, 2023 |
| Listing date (Tentative) | Dec 08, 2023 | Dec 27, 2023 |
| Anchor Lockin End date 1 | Jan 06, 2024 | Jan 21, 2024 |
| Anchor Lockin End date 2 | Mar 06, 2024 | Mar 21, 2024 |
Net Avenue Technologies IPO P/E ratio is 8.57, as compared to Shanti Spintex IPO P/E ratio of 9.82.
| Net Avenue Technologies IPO | Shanti Spintex IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 45.31 | 87.49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 33.28 | 73.57 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 8.57 | 9.82 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹38.62 Cr. | ₹118.22 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 127.77% | 19.81% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 5.28% | 10.12% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.18 | 0.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.10 | ₹7.13 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 75.53% | 18.07% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Net Avenue Technologies IPO Retail Individual Investors (RII) are offered 18,96,000 shares while in Shanti Spintex 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 8,48,000 shares in Shanti Spintex IPO.
| Net Avenue Technologies IPO | Shanti Spintex IPO | |
|---|---|---|
| Anchor Investor Reservation | 16,16,000 shares | 12,72,000 shares |
| Market Maker Reservation | 2,88,000 shares | 2,24,000 shares |
| QIB | 10,80,000 shares | 8,48,000 shares |
| NII | 8,16,000 shares | 6,36,000 shares |
| RII | 18,96,000 shares | 14,84,000 shares |
| Employee | ||
| Others | ||
| Total | 54,08,000 shares | 42,40,000 shares |
Net Avenue Technologies IPO subscribed 511.21x in total, whereas Shanti Spintex IPO subscribed 27.38x.
| Net Avenue Technologies IPO | Shanti Spintex IPO | |
|---|---|---|
| QIB (times) | 61.99x | 14.34x |
| NII (times) | 616.25x | 57.28x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 721.89x | 22.01x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 511.21x | 27.38x |
