Comparison between Newever Trade Wings IPO and Subh Tex IPO.
Newever Trade Wings IPO is a SME Fixed Price IPO proposed to list at BSE SME while Subh Tex IPO is a SME Fixed Price proposed to list at BSE SME.
| Newever Trade Wings IPO | Subh Tex IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Inventure Merchant Banker Services Pvt.Ltd. | Basan Financial Services Ltd. |
| Registrar | Sharepro Services Pvt.Ltd. | Sharepro Services Pvt.Ltd. |
| Market Maker | Bindal Equities Ltd. | Basan Equity Broking Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL |
The total issue size of Newever Trade Wings IPO is up to ₹6.00 Cr whereas the issue size of the Subh Tex IPO is up to ₹3.32 Cr. The final issue price of Newever Trade Wings IPO is ₹10.00 per share and of Subh Tex IPO is ₹10.00 per share.
| Newever Trade Wings IPO | Subh Tex IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹10.00 per share | ₹10.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 10000 shares | 10000 shares |
| Fresh Issue Size | 60,00,000 shares | 33,20,000 shares |
| Fresh Issue Size (Amount) | up to ₹6.00 Cr | up to ₹3.32 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 | 60,00,000 shares | 33,20,000 shares |
| Issue Size Total (Amount) | up to ₹6.00 Cr | up to ₹3.32 Cr |
Newever Trade Wings IPO opens on Sep 30, 2013, while Subh Tex IPO opens on Sep 30, 2013. The closing date of Newever Trade Wings IPO and Subh Tex IPO is Oct 03, 2013, and Oct 07, 2013, respectively.
| Newever Trade Wings IPO | Subh Tex IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 30, 2013 | Sep 30, 2013 |
| Issue Close | Oct 03, 2013 | Oct 07, 2013 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Oct 17, 2013 | Oct 22, 2013 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Newever Trade Wings IPO P/E ratio is , as compared to Subh Tex IPO P/E ratio of .
| Newever Trade Wings IPO | Subh Tex IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 28.65 | 0.5733 | ||||
| Promoter Shareholding (Post-Issue) | 21.09 | 0.3909 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹23.95 Cr. | ₹11.00 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 0.22 | 0.83 |
In the Newever Trade Wings IPO Retail Individual Investors (RII) are offered 30,00,000 shares while in Subh Tex IPO retail investors are offered 30,00,000 shares. Qualified Institutional Buyers (QIB) are offered in Newever Trade Wings IPO and in Subh Tex IPO.
| Newever Trade Wings IPO | Subh Tex IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 3,20,000 shares | 1,80,000 shares |
| QIB | ||
| NII | 30,00,000 shares | 16,60,000 shares |
| RII | 30,00,000 shares | 16,60,000 shares |
| Employee | ||
| Others | ||
| Total | 60,00,000 shares | 33,20,000 shares |
Newever Trade Wings IPO subscribed 1.48x in total, whereas Subh Tex IPO subscribed 1.25x.
| Newever Trade Wings IPO | Subh Tex IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.26x | 1.03x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.70x | 1.48x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.48x | 1.25x |
