Comparison between ideaForge Technology IPO and Nexus Select Trust REIT.
ideaForge Technology IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Nexus Select Trust REIT is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of ideaForge Technology IPO is up to ₹567.24 Cr whereas the issue size of the Nexus Select Trust REIT is up to ₹3,200.00 Cr. The final issue price of ideaForge Technology IPO is ₹672.00 per share and of Nexus Select Trust REIT is ₹100.00 per share.
| ideaForge Technology IPO | Nexus Select Trust REIT | |
|---|---|---|
| Face Value | ₹10 per share | |
| Issue Price (Lower) | ₹638.00 per share | ₹95.00 per share |
| Issue Price (Upper) | ₹672.00 per share | ₹100.00 per share |
| Issue Price (Final) | ₹672.00 per share | ₹100.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ₹32.00 per share | |
| Market Lot Size | 22 shares | 150 shares |
| Fresh Issue Size | 35,72,052 shares | 14,00,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹240.02 Cr | up to ₹1,400.00 Cr |
| OFS Issue Size | 48,69,712 shares | 18,00,00,000 shares |
| OFS Issue Size (Amount) | up to ₹327.22 Cr | up to ₹1,800.00 Cr |
| Issue Size Total | 84,41,764 shares | 32,00,00,000 shares |
| Issue Size Total (Amount) | up to ₹567.24 Cr | up to ₹3,200.00 Cr |
ideaForge Technology IPO opens on Jun 26, 2023, while Nexus Select Trust REIT opens on May 09, 2023. The closing date of ideaForge Technology IPO and Nexus Select Trust REIT is Jun 30, 2023, and May 11, 2023, respectively.
| ideaForge Technology IPO | Nexus Select Trust REIT | |
|---|---|---|
| Anchor Bid Date | Jun 23, 2023 | May 08, 2023 |
| Issue Open | Jun 26, 2023 | May 09, 2023 |
| Issue Close | Jun 30, 2023 | May 11, 2023 |
| Basis Of Allotment (Tentative) | Jul 05, 2023 | May 16, 2023 |
| Initiation of Refunds (Tentative) | Jul 06, 2023 | May 17, 2023 |
| Credit of Share (Tentative) | Jul 07, 2023 | May 18, 2023 |
| Listing date (Tentative) | Jul 07, 2023 | May 19, 2023 |
| Anchor Lockin End date 1 | Aug 04, 2023 | Jun 15, 2023 |
| Anchor Lockin End date 2 | Oct 03, 2023 | Aug 14, 2023 |
ideaForge Technology IPO P/E ratio is 87.5, as compared to Nexus Select Trust REIT P/E ratio of .
| ideaForge Technology IPO | Nexus Select Trust REIT | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 33.37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 30.19 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 87.5 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2800.20 Cr. | ₹15150.00 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 13.11% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 12.51% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.27 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.12 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 9.85% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the ideaForge Technology IPO Retail Individual Investors (RII) are offered 8,42,865 shares while in Nexus Select Trust REIT retail investors are offered 8,42,865 shares. Qualified Institutional Buyers (QIB) are offered 25,28,596 shares in ideaForge Technology IPO and 9,60,00,150 shares in Nexus Select Trust REIT.
| ideaForge Technology IPO | Nexus Select Trust REIT | |
|---|---|---|
| Anchor Investor Reservation | 37,92,894 shares | 14,39,99,850 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 25,28,596 shares | 9,60,00,150 shares |
| NII | 12,64,297 shares | 8,00,00,000 shares |
| RII | 8,42,865 shares | 0 shares |
| Employee | 13,112 shares | 0 shares |
| Others | ||
| Total | 84,41,764 shares | 32,00,00,000 shares |
ideaForge Technology IPO subscribed 106.06x in total, whereas Nexus Select Trust REIT subscribed 5.45x.
| ideaForge Technology IPO | Nexus Select Trust REIT | |
|---|---|---|
| QIB (times) | 125.81x | 4.81x |
| NII (times) | 80.58x | |
| Big NII (times) | 81.99x | |
| Small NII (times) | 77.77x | |
| RII (times) | 85.20x | |
| Employee (times) | 96.65x | |
| Other (times) | 6.23x | |
| Total (times) | 106.06x | 5.45x |
