Comparison between IBL Finance IPO and New Swan Multitech IPO.
IBL Finance IPO is a SME Bookbuilding IPO proposed to list at NSE SME while New Swan Multitech IPO is a SME Bookbuilding proposed to list at BSE SME.
| IBL Finance IPO | New Swan Multitech IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Fedex Securities Pvt.Ltd. | Share India Capital Services Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Market-Hub Stock Broking Pvt.Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of IBL Finance IPO is up to ₹31.72 Cr whereas the issue size of the New Swan Multitech IPO is up to ₹31.42 Cr. The final issue price of IBL Finance IPO is ₹51.00 per share and of New Swan Multitech IPO is ₹66.00 per share.
| IBL Finance IPO | New Swan Multitech IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹62.00 per share | |
| Issue Price (Upper) | ₹66.00 per share | |
| Issue Price (Final) | ₹51.00 per share | ₹66.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 2000 shares |
| Fresh Issue Size | 62,20,000 shares | 47,60,000 shares |
| Fresh Issue Size (Amount) | up to ₹31.72 Cr | up to ₹31.42 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 | 62,20,000 shares | 47,60,000 shares |
| Issue Size Total (Amount) | up to ₹31.72 Cr | up to ₹31.42 Cr |
IBL Finance IPO opens on Jan 09, 2024, while New Swan Multitech IPO opens on Jan 11, 2024. The closing date of IBL Finance IPO and New Swan Multitech IPO is Jan 11, 2024, and Jan 15, 2024, respectively.
| IBL Finance IPO | New Swan Multitech IPO | |
|---|---|---|
| Anchor Bid Date | Jan 10, 2024 | |
| Issue Open | Jan 09, 2024 | Jan 11, 2024 |
| Issue Close | Jan 11, 2024 | Jan 15, 2024 |
| Basis Of Allotment (Tentative) | Jan 12, 2024 | Jan 16, 2024 |
| Initiation of Refunds (Tentative) | Jan 15, 2024 | Jan 17, 2024 |
| Credit of Share (Tentative) | Jan 15, 2024 | Jan 17, 2024 |
| Listing date (Tentative) | Jan 16, 2024 | Jan 18, 2024 |
| Anchor Lockin End date 1 | Feb 15, 2024 | |
| Anchor Lockin End date 2 | Apr 15, 2024 |
IBL Finance IPO P/E ratio is 48.08, as compared to New Swan Multitech IPO P/E ratio of 9.32.
| IBL Finance IPO | New Swan Multitech IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | IBL Finance Limited Financial Information (Restated)IBL Finance Limited's revenue increased by 307.59% and profit after tax (PAT) rose by 351.28% between the financial year ending with March 31, 2023 and March 31, 2022.
| New Swan Multitech Limited Financial Information (Restated)New Swan Multitech Limited's revenue increased by 4.05% and profit after tax (PAT) rose by 173.15% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 85.55 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62.89 | 73.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 48.08 | 9.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹126.13 Cr. | ₹125.51 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 9.41% | 33.27% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 18.88% | 24.86% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.00 | 1.31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.06 | ₹7.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 9.41% | 33.27% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the IBL Finance IPO Retail Individual Investors (RII) are offered 31,10,000 shares while in New Swan Multitech IPO retail investors are offered 31,10,000 shares. Qualified Institutional Buyers (QIB) are offered in IBL Finance IPO and 9,52,000 shares in New Swan Multitech IPO.
| IBL Finance IPO | New Swan Multitech IPO | |
|---|---|---|
| Anchor Investor Reserveration | 14,28,000 shares | |
| Market Maker Reserveration | 3,30,000 shares | 2,56,000 shares |
| QIB | 9,52,000 shares | |
| NII | 31,10,000 shares | 7,14,000 shares |
| RII | 31,10,000 shares | 16,66,000 shares |
| Employee | ||
| Others | ||
| Total | 62,20,000 shares | 47,60,000 shares |
IBL Finance IPO subscribed 17.00x in total, whereas New Swan Multitech IPO subscribed 384.26x.
| IBL Finance IPO | New Swan Multitech IPO | |
|---|---|---|
| QIB (times) | 110.69x | |
| NII (times) | 9.94x | 739.72x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 24.03x | 388.23x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 17.00x | 384.26x |
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