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Nirman Agri Genetics IPO vs Prospect Commodities IPO

Comparison between Nirman Agri Genetics IPO and Prospect Commodities IPO.

IPO Details

Nirman Agri Genetics IPO is a SME Fixed Price IPO proposed to list at NSE SME while Prospect Commodities IPO is a SME Fixed Price proposed to list at BSE SME.

 Nirman Agri Genetics IPOProspect Commodities IPO
LogoNirman Agri Genetics IPO LogoProspect Commodities IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersFirst Overseas Capital Ltd.Interactive Financial Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerNNM Securities Pvt.Ltd.Beeline Broking Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Nirman Agri Genetics IPO is up to ₹19.27 Cr whereas the issue size of the Prospect Commodities IPO is up to ₹7.10 Cr. The final issue price of Nirman Agri Genetics IPO is ₹99.00 per share and of Prospect Commodities IPO is ₹61.00 per share.

 Nirman Agri Genetics IPOProspect Commodities IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹99.00 per share₹61.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares2000 shares
Fresh Issue Size19,46,400 shares11,64,000 shares
Fresh Issue Size (Amount)up to ₹19.27 Crup to ₹7.10 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total19,46,400 shares11,64,000 shares
Issue Size Total (Amount)up to ₹19.27 Crup to ₹7.10 Cr

IPO Timetable

Nirman Agri Genetics IPO opens on Mar 15, 2023, while Prospect Commodities IPO opens on Mar 08, 2023. The closing date of Nirman Agri Genetics IPO and Prospect Commodities IPO is Mar 20, 2023, and Mar 13, 2023, respectively.

 Nirman Agri Genetics IPOProspect Commodities IPO
Anchor Bid Date
Issue OpenMar 15, 2023Mar 08, 2023
Issue CloseMar 20, 2023Mar 13, 2023
Basis Of Allotment (Tentative)Mar 23, 2023Mar 16, 2023
Initiation of Refunds (Tentative)Mar 24, 2023Mar 17, 2023
Credit of Share (Tentative)Mar 27, 2023Mar 20, 2023
Listing date (Tentative)Mar 28, 2023Mar 20, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Nirman Agri Genetics IPO P/E ratio is 14.93, as compared to Prospect Commodities IPO P/E ratio of 31.44.

 Nirman Agri Genetics IPOProspect Commodities IPO
Financials
Nirman Agri Genetics Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
31-Mar-21164.06382.215.476.4799.19
31-Mar-22595.871,348.91256.02264.41124.67
31-Oct-22915.701,804.28230.44447.51171.41
Amount in ₹ Lakhs
Prospect Commodities Limited Financial Information (Restated Standalone)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-221.050.00-0.150.85-0.150.05
30-Nov-22977.07839.9852.85293.7052.70363.57
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)99.9988.44
Promoter Shareholding (Post-Issue)65.5961.94
P/E Ratio14.9331.44
Market Cap₹59.01 Cr.₹24.95 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Nirman Agri Genetics IPO Retail Individual Investors (RII) are offered 9,73,200 shares while in Prospect Commodities IPO retail investors are offered 9,73,200 shares. Qualified Institutional Buyers (QIB) are offered in Nirman Agri Genetics IPO and in Prospect Commodities IPO.

 Nirman Agri Genetics IPOProspect Commodities IPO
Anchor Investor Reserveration
Market Maker Reserveration1,04,400 shares62,000 shares
QIB
NII9,73,200 shares5,82,000 shares
RII9,73,200 shares5,82,000 shares
Employee
Others
Total19,46,400 shares11,64,000 shares

Bids Received (Subscription)

Nirman Agri Genetics IPO subscribed 1.71x in total, whereas Prospect Commodities IPO subscribed 5.31x.

 Nirman Agri Genetics IPOProspect Commodities IPO
QIB (times)
NII (times)1.22x6.85x
Big NII (times)
Small NII (times)
RII (times)2.20x3.76x
Employee (times)
Other (times)
Total (times)1.71x5.31x