Nisus Finance IPO vs Onyx Biotec IPO

Comparison between Nisus Finance IPO and Onyx Biotec IPO.

IPO Details

Nisus Finance IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Onyx Biotec IPO is a SME Bookbuilding proposed to list at NSE SME.

	Nisus Finance IPO	Onyx Biotec IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	BSE SME	NSE SME
Lead Managers	Beeline Capital Advisors Pvt.Ltd.	Horizon Management Pvt.Ltd.
Registrar	Skyline Financial Services Pvt.Ltd.	MAS Services Ltd.
Market Maker	Spread X Securities Pvt.Ltd.	Giriraj Stock Broking Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Nisus Finance IPO is up to ₹107.91 Cr whereas the issue size of the Onyx Biotec IPO is up to ₹27.85 Cr. The final issue price of Nisus Finance IPO is ₹180.00 per share and of Onyx Biotec IPO is ₹61.00 per share.

	Nisus Finance IPO	Onyx Biotec IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹170.00 per share	₹58.00 per share
Issue Price (Upper)	₹180.00 per share	₹61.00 per share
Issue Price (Final)	₹180.00 per share	₹61.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)	₹0.00 per share
Market Lot Size	800 shares	2000 shares
Fresh Issue Size	52,94,400 shares	45,66,000 shares
Fresh Issue Size (Amount)	up to ₹95.30 Cr	up to ₹27.85 Cr
OFS Issue Size	7,00,800 shares	0 shares
OFS Issue Size (Amount)	up to ₹12.61 Cr	up to ₹0.00 Cr
Issue Size Total	59,95,200 shares	45,66,000 shares
Issue Size Total (Amount)	up to ₹107.91 Cr	up to ₹27.85 Cr

IPO Timetable

Nisus Finance IPO opens on Dec 04, 2024, while Onyx Biotec IPO opens on Nov 13, 2024. The closing date of Nisus Finance IPO and Onyx Biotec IPO is Dec 06, 2024, and Nov 18, 2024, respectively.

	Nisus Finance IPO	Onyx Biotec IPO
Anchor Bid Date	Dec 03, 2024	Nov 12, 2024
Issue Open	Dec 04, 2024	Nov 13, 2024
Issue Close	Dec 06, 2024	Nov 18, 2024
Basis Of Allotment (Tentative)	Dec 09, 2024	Nov 19, 2024
Initiation of Refunds (Tentative)	Dec 10, 2024	Nov 20, 2024
Credit of Share (Tentative)	Dec 10, 2024	Nov 20, 2024
Listing date (Tentative)	Dec 11, 2024	Nov 22, 2024
Anchor Lockin End date 1	Jan 08, 2025	Dec 19, 2024
Anchor Lockin End date 2	Mar 09, 2025	Feb 17, 2025

Financials & KPIs

Nisus Finance IPO P/E ratio is 14.24, as compared to Onyx Biotec IPO P/E ratio of 26.81.

Nisus Finance IPO

Onyx Biotec IPO

Financials

Nisus Finance Services Co Limited Financial Information (Restated Consolidated)

Nisus Finance Services Co Limited's revenue increased by 266.16% and profit after tax (PAT) rose by 663.29% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Jun 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	5,835.66	4,903.31	3,106.22	2,077.43
Total Income	1,500.53	4,224.92	1,153.83	749.51
Profit After Tax	835.72	2,305.29	302.02	129.43
Net Worth	3,876.66	3,129.80	938.95	638.90
Reserves and Surplus	2,236.20	3,119.19	831.70	531.65
Total Borrowing	663.83	726.50	1,813.50	1,041.56
Amount in ₹ Lakhs

Onyx Biotec Limited Financial Information (Restated)

Onyx Biotec Limited's revenue increased by 35.99% and profit after tax (PAT) rose by 64.35% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 May 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	7,476.57	7,413.58	5,872.36	3,683.84
Total Income	1,054.11	5,387.43	3,961.65	4,498.09
Profit After Tax	130.77	303.16	184.46	335.29
Net Worth	2,618.64	2,487.87	1,820.16	1,637.59
Reserves and Surplus	1,286.42	1,155.65	1,230.00	1,047.43
Total Borrowing	3,156.14	3,078.04	2,922.83	1,224.39
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.74

88.60

Promoter Shareholding (Post-Issue)

73.22

P/E Ratio

14.24

26.81

Market Cap

₹429.81 Cr.

₹110.61 Cr.

ROE

109.83%

4.99%

ROCE

101.63%

3.71%

Debt/Equity

0.23

1.21

EPS

₹12.64

₹2.28

RoNW

73.09%

4.99%

Shares Offered

In the Nisus Finance IPO Retail Individual Investors (RII) are offered 20,91,200 shares while in Onyx Biotec IPO retail investors are offered 20,91,200 shares. Qualified Institutional Buyers (QIB) are offered 11,94,400 shares in Nisus Finance IPO and 9,12,000 shares in Onyx Biotec IPO.

	Nisus Finance IPO	Onyx Biotec IPO
Anchor Investor Reserveration	17,89,600 shares	13,66,000 shares
Market Maker Reserveration	3,51,200 shares	2,44,000 shares
QIB	11,94,400 shares	9,12,000 shares
NII	8,96,000 shares	6,88,000 shares
RII	20,91,200 shares	16,00,000 shares
Employee	24,000 shares
Others
Total	59,95,200 shares	45,66,000 shares

Bids Received (Subscription)

Nisus Finance IPO subscribed 192.29x in total, whereas Onyx Biotec IPO subscribed 198.00x.

	Nisus Finance IPO	Onyx Biotec IPO
QIB (times)	93.84x	32.49x
NII (times)	451.21x	602.86x
Big NII (times)
Small NII (times)
RII (times)	139.78x	118.26x
Employee (times)	0.90x
Other (times)
Total (times)	192.29x	198.00x

Compare with others

Nisus Finance IPO	Onyx Biotec IPO
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Rajesh Power IPO	C2C Advanced Systems IPO
C2C Advanced Systems IPO	Lamosaic India IPO
Lamosaic India IPO	Nisus Finance IPO
Onyx Biotec IPO	Mangal Compusolution IPO
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