Comparison between Neelam Linens IPO and Nisus Finance IPO.
Neelam Linens IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Nisus Finance IPO is a SME Bookbuilding proposed to list at BSE SME.
| Neelam Linens IPO | Nisus Finance IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Expert Global Consultants Pvt.Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Globalworth Securities Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Neelam Linens IPO is up to ₹12.34 Cr whereas the issue size of the Nisus Finance IPO is up to ₹107.91 Cr. The final issue price of Neelam Linens IPO is ₹24.00 per share and of Nisus Finance IPO is ₹180.00 per share.
| Neelam Linens IPO | Nisus Finance IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹20.00 per share | ₹170.00 per share |
| Issue Price (Upper) | ₹24.00 per share | ₹180.00 per share |
| Issue Price (Final) | ₹24.00 per share | ₹180.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 6000 shares | 800 shares |
| Fresh Issue Size | 51,42,000 shares | 52,94,400 shares |
| Fresh Issue Size (Amount) | up to ₹12.34 Cr | up to ₹95.30 Cr |
| OFS Issue Size | 0 shares | 7,00,800 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹12.61 Cr |
| Issue Size Total | 51,42,000 shares | 59,95,200 shares |
| Issue Size Total (Amount) | up to ₹12.34 Cr | up to ₹107.91 Cr |
Neelam Linens IPO opens on Nov 08, 2024, while Nisus Finance IPO opens on Dec 04, 2024. The closing date of Neelam Linens IPO and Nisus Finance IPO is Nov 12, 2024, and Dec 06, 2024, respectively.
| Neelam Linens IPO | Nisus Finance IPO | |
|---|---|---|
| Anchor Bid Date | Nov 07, 2024 | Dec 03, 2024 |
| Issue Open | Nov 08, 2024 | Dec 04, 2024 |
| Issue Close | Nov 12, 2024 | Dec 06, 2024 |
| Basis Of Allotment (Tentative) | Nov 13, 2024 | Dec 09, 2024 |
| Initiation of Refunds (Tentative) | Nov 14, 2024 | Dec 10, 2024 |
| Credit of Share (Tentative) | Nov 14, 2024 | Dec 10, 2024 |
| Listing date (Tentative) | Nov 18, 2024 | Dec 11, 2024 |
| Anchor Lockin End date 1 | Dec 13, 2024 | Jan 08, 2025 |
| Anchor Lockin End date 2 | Feb 11, 2025 | Mar 09, 2025 |
Neelam Linens IPO P/E ratio is 14.44, as compared to Nisus Finance IPO P/E ratio of 14.24.
| Neelam Linens IPO | Nisus Finance IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 74.18 | 99.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 54.29 | 73.22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.44 | 14.24 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹48.52 Cr. | ₹429.81 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 2.99 | 109.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 3.84 | 101.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.12 | 0.23 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.66 | ₹12.64 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 3.31 | 73.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Neelam Linens IPO Retail Individual Investors (RII) are offered 18,00,000 shares while in Nisus Finance IPO retail investors are offered 18,00,000 shares. Qualified Institutional Buyers (QIB) are offered 10,32,000 shares in Neelam Linens IPO and 11,94,400 shares in Nisus Finance IPO.
| Neelam Linens IPO | Nisus Finance IPO | |
|---|---|---|
| Anchor Investor Reservation | 15,36,000 shares | 17,89,600 shares |
| Market Maker Reservation | 2,76,000 shares | 3,51,200 shares |
| QIB | 10,32,000 shares | 11,94,400 shares |
| NII | 7,74,000 shares | 8,96,000 shares |
| RII | 18,00,000 shares | 20,91,200 shares |
| Employee | 24,000 shares | |
| Others | ||
| Total | 51,42,000 shares | 59,95,200 shares |
Neelam Linens IPO subscribed 64.49x in total, whereas Nisus Finance IPO subscribed 134.89x.
| Neelam Linens IPO | Nisus Finance IPO | |
|---|---|---|
| QIB (times) | 15.40x | 93.84x |
| NII (times) | 273.47x | 451.21x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 57.82x | 139.78x |
| Employee (times) | 0.90x | |
| Other (times) | ||
| Total (times) | 64.49x | 134.89x |
