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Newgen IT Technologies IPO vs Spinaroo Commercial IPO

Comparison between Newgen IT Technologies IPO and Spinaroo Commercial IPO.

IPO Details

Newgen IT Technologies IPO is a SME Fixed Price IPO proposed to list at NSE SME while Spinaroo Commercial IPO is a SME Fixed Price proposed to list at BSE SME.

 Newgen IT Technologies IPOSpinaroo Commercial IPO
LogoNewgen IT Technologies IPO LogoSpinaroo Commercial IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersUnistone Capital Pvt.Ltd.Finshore Management Services Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Cameo Corporate Services Ltd.
Market MakerBlack Fox Financial Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP
Anchor Investor
IPO Allotment URLIPO Allotment URL

Issue Size and Price

The total issue size of Newgen IT Technologies IPO is up to ₹0.00 Cr whereas the issue size of the Spinaroo Commercial IPO is up to ₹9.66 Cr. The final issue price of Newgen IT Technologies IPO is and of Spinaroo Commercial IPO is ₹51.00 per share.

 Newgen IT Technologies IPOSpinaroo Commercial IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹51.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size2000 shares
Fresh Issue Size54,00,000 shares18,94,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹9.66 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total54,00,000 shares18,94,000 shares
Issue Size Total (Amount)up to ₹0.00 Crup to ₹9.66 Cr

IPO Timetable

Newgen IT Technologies IPO opens on , while Spinaroo Commercial IPO opens on Mar 28, 2025. The closing date of Newgen IT Technologies IPO and Spinaroo Commercial IPO is , and Apr 03, 2025, respectively.

 Newgen IT Technologies IPOSpinaroo Commercial IPO
Anchor Bid Date
Issue OpenMar 28, 2025
Issue CloseApr 03, 2025
Basis Of Allotment (Tentative)Apr 04, 2025
Initiation of Refunds (Tentative)Apr 07, 2025
Credit of Share (Tentative)Apr 07, 2025
Listing date (Tentative)Apr 08, 2025
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Newgen IT Technologies IPO P/E ratio is , as compared to Spinaroo Commercial IPO P/E ratio of 18.21.

 Newgen IT Technologies IPOSpinaroo Commercial IPO
Financials

Newgen IT Technologies Limited Financial Information (Restated Standalone)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets44.9662.626.557.51
Total Income7.4193.9457.0124.42
Profit After Tax1.288.325.111.42
Net Worth17.6316.358.032.91
Reserves and Surplus5.634.357.932.81
Total Borrowing2.159.783.910.5
Amount in ₹ Crore

Spinaroo Commercial Limited Financial Information (Restated Standalone)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets21.9419.0519.4817.82
Total Income21.0241.2153.1947.58
Profit After Tax0.611.40.930.52
Net Worth6.646.034.633.7
Reserves and Surplus1.645.033.632.7
Total Borrowing7.437.528.438.99
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10066.67
Promoter Shareholding (Post-Issue)47.66
P/E Ratio18.21
Market Cap₹35.67 Cr.
ROE50.91%23.23%
ROCE71.66%37.58%
Debt/Equity0.601.25
EPS₹2.80
RoNW50.91%23.23%

Shares Offered

In the Newgen IT Technologies IPO Retail Individual Investors (RII) are offered while in Spinaroo Commercial IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in Newgen IT Technologies IPO and 0 shares in Spinaroo Commercial IPO.

 Newgen IT Technologies IPOSpinaroo Commercial IPO
Anchor Investor Reserveration0 shares
Market Maker Reserveration1,00,000 shares
QIB0 shares
NII9,46,000 shares
RII9,48,000 shares
Employee0 shares
Others
Total18,94,000 shares

Bids Received (Subscription)

Newgen IT Technologies IPO subscribed in total, whereas Spinaroo Commercial IPO subscribed 1.52x.

 Newgen IT Technologies IPOSpinaroo Commercial IPO
QIB (times)
NII (times)1.84x
Big NII (times)
Small NII (times)
RII (times)1.20x
Employee (times)
Other (times)
Total (times)1.52x