Comparison between Kushal Tradelink IPO and Newever Trade Wings IPO.
Kushal Tradelink IPO is a SME Fixed Price IPO proposed to list at BSE SME while Newever Trade Wings IPO is a SME Fixed Price proposed to list at BSE SME.
| Kushal Tradelink IPO | Newever Trade Wings IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | Inventure Merchant Banker Services Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Sharepro Services Pvt.Ltd. |
| Market Maker | Aryaman Capital Markets Ltd. | Bindal Equities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL |
The total issue size of Kushal Tradelink IPO is up to ₹26.32 Cr whereas the issue size of the Newever Trade Wings IPO is up to ₹6.00 Cr. The final issue price of Kushal Tradelink IPO is ₹35.00 per share and of Newever Trade Wings IPO is ₹10.00 per share.
| Kushal Tradelink IPO | Newever Trade Wings IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹35.00 per share | ₹10.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 10000 shares |
| Fresh Issue Size | 75,20,000 shares | 60,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹26.32 Cr | up to ₹6.00 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 | 75,20,000 shares | 60,00,000 shares |
| Issue Size Total (Amount) | up to ₹26.32 Cr | up to ₹6.00 Cr |
Kushal Tradelink IPO opens on Aug 14, 2013, while Newever Trade Wings IPO opens on Sep 30, 2013. The closing date of Kushal Tradelink IPO and Newever Trade Wings IPO is Aug 21, 2013, and Oct 03, 2013, respectively.
| Kushal Tradelink IPO | Newever Trade Wings IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Aug 14, 2013 | Sep 30, 2013 |
| Issue Close | Aug 21, 2013 | Oct 03, 2013 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Sep 04, 2013 | Oct 17, 2013 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Kushal Tradelink IPO P/E ratio is , as compared to Newever Trade Wings IPO P/E ratio of .
| Kushal Tradelink IPO | Newever Trade Wings IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 28.65 | ||||
| Promoter Shareholding (Post-Issue) | 66.58 | 21.09 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹83.04 Cr. | ₹23.95 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 0.22 |
In the Kushal Tradelink IPO Retail Individual Investors (RII) are offered 37,60,000 shares while in Newever Trade Wings IPO retail investors are offered 37,60,000 shares. Qualified Institutional Buyers (QIB) are offered in Kushal Tradelink IPO and in Newever Trade Wings IPO.
| Kushal Tradelink IPO | Newever Trade Wings IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 4,08,000 shares | 3,20,000 shares |
| QIB | ||
| NII | 37,60,000 shares | 30,00,000 shares |
| RII | 37,60,000 shares | 30,00,000 shares |
| Employee | ||
| Others | ||
| Total | 75,20,000 shares | 60,00,000 shares |
Kushal Tradelink IPO subscribed 1.21x in total, whereas Newever Trade Wings IPO subscribed 1.48x.
| Kushal Tradelink IPO | Newever Trade Wings IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.20x | 1.26x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.22x | 1.70x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.21x | 1.48x |
