India Shelter Finance IPO vs Netweb Technologies IPO

Comparison between India Shelter Finance IPO and Netweb Technologies IPO.

IPO Details

India Shelter Finance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Netweb Technologies IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of India Shelter Finance IPO is up to ₹1,200.00 Cr whereas the issue size of the Netweb Technologies IPO is up to ₹631.00 Cr. The final issue price of India Shelter Finance IPO is ₹493.00 per share and of Netweb Technologies IPO is ₹500.00 per share.

 India Shelter Finance IPONetweb Technologies IPO
Face Value₹5 per share₹2 per share
Issue Price (Lower)₹469.00 per share₹475.00 per share
Issue Price (Upper)₹493.00 per share₹500.00 per share
Issue Price (Final)₹493.00 per share₹500.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹25.00 per share
Market Lot Size30 shares30 shares
Fresh Issue Size1,62,27,180 shares41,21,000 shares
Fresh Issue Size (Amount)up to ₹800.00 Crup to ₹206.03 Cr
OFS Issue Size81,13,588 shares85,00,000 shares
OFS Issue Size (Amount)up to ₹400.00 Crup to ₹424.97 Cr
Issue Size Total2,43,40,768 shares1,26,21,000 shares
Issue Size Total (Amount)up to ₹1,200.00 Crup to ₹631.00 Cr

IPO Timetable

India Shelter Finance IPO opens on Dec 13, 2023, while Netweb Technologies IPO opens on Jul 17, 2023. The closing date of India Shelter Finance IPO and Netweb Technologies IPO is Dec 15, 2023, and Jul 19, 2023, respectively.

 India Shelter Finance IPONetweb Technologies IPO
Anchor Bid DateDec 12, 2023Jul 14, 2023
Issue OpenDec 13, 2023Jul 17, 2023
Issue CloseDec 15, 2023Jul 19, 2023
Basis Of Allotment (Tentative)Dec 18, 2023Jul 24, 2023
Initiation of Refunds (Tentative)Dec 19, 2023Jul 25, 2023
Credit of Share (Tentative)Dec 19, 2023Jul 26, 2023
Listing date (Tentative)Dec 20, 2023Jul 27, 2023
Anchor Lockin End date 1Jan 17, 2024Aug 23, 2023
Anchor Lockin End date 2Mar 17, 2024Oct 22, 2023

Financials & KPIs

India Shelter Finance IPO P/E ratio is 28.22, as compared to Netweb Technologies IPO P/E ratio of 59.67.

 India Shelter Finance IPONetweb Technologies IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets4,758.684,295.593,221.222,462.64
Total Income398.58606.23459.81322.80
Profit After Tax107.35155.34128.4587.39
NET Worth1,374.971,240.531,076.13937.27
Reserves and Surplus1,335.361,197.981,033.02894.20
Total Borrowing3,272.482,973.432,059.401,480.72
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets265.95148.61110.2050.59
Total Income445.65247.94144.29157.23
Profit After Tax46.9422.458.233.91
NET Worth93.6744.3721.8213.65
Reserves and Surplus83.4838.7116.157.99
Total Borrowing35.6034.4830.5415.23
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)56.7597.80
Promoter Shareholding (Post-Issue)48.1775.45
P/E Ratio28.2259.67
Market Cap₹5277.62 Cr.₹2803.20 Cr.
ROE13.4%68.01%
ROCE64.42%
Debt/Equity2.120.30
EPS₹17.47₹9.22
RoNW13.4%68.01%

Shares Offered

In the India Shelter Finance IPO Retail Individual Investors (RII) are offered 85,19,269 shares while in Netweb Technologies IPO retail investors are offered 85,19,269 shares. Qualified Institutional Buyers (QIB) are offered 48,68,154 shares in India Shelter Finance IPO and 25,20,200 shares in Netweb Technologies IPO.

 India Shelter Finance IPONetweb Technologies IPO
Anchor Investor Reservation73,02,229 shares37,80,300 shares
Market Maker Reservation
QIB48,68,154 shares25,20,200 shares
NII36,51,116 shares18,90,150 shares
RII85,19,269 shares44,10,350 shares
Employee20,000 shares
Others
Total2,43,40,768 shares1,26,21,000 shares

Bids Received (Subscription)

India Shelter Finance IPO subscribed 38.59x in total, whereas Netweb Technologies IPO subscribed 90.55x.

 India Shelter Finance IPONetweb Technologies IPO
QIB (times)94.29x220.69x
NII (times)29.97x83.21x
Big NII (times)29.77x88.29x
Small NII (times)30.37x73.07x
RII (times)10.46x19.48x
Employee (times)55.92x
Other (times)
Total (times)38.59x90.55x

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India Shelter Finance IPO Vs Netweb Technologies IPO