Comparison between EPACK Durable IPO and Nova AgriTech IPO.
EPACK Durable IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Nova AgriTech IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of EPACK Durable IPO is up to ₹640.05 Cr whereas the issue size of the Nova AgriTech IPO is up to ₹143.81 Cr. The final issue price of EPACK Durable IPO is ₹230.00 per share and of Nova AgriTech IPO is ₹41.00 per share.
| EPACK Durable IPO | Nova AgriTech IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹2 per share |
| Issue Price (Lower) | ₹218.00 per share | ₹39.00 per share |
| Issue Price (Upper) | ₹230.00 per share | ₹41.00 per share |
| Issue Price (Final) | ₹230.00 per share | ₹41.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 65 shares | 365 shares |
| Fresh Issue Size | 1,73,91,304 shares | 2,73,17,073 shares |
| Fresh Issue Size (Amount) | up to ₹400.00 Cr | up to ₹112.00 Cr |
| OFS Issue Size | 1,04,37,047 shares | 77,58,620 shares |
| OFS Issue Size (Amount) | up to ₹240.05 Cr | up to ₹31.81 Cr |
| Issue Size Total | 2,78,28,351 shares | 3,50,75,693 shares |
| Issue Size Total (Amount) | up to ₹640.05 Cr | up to ₹143.81 Cr |
EPACK Durable IPO opens on Jan 19, 2024, while Nova AgriTech IPO opens on Jan 23, 2024. The closing date of EPACK Durable IPO and Nova AgriTech IPO is Jan 24, 2024, and Jan 25, 2024, respectively.
| EPACK Durable IPO | Nova AgriTech IPO | |
|---|---|---|
| Anchor Bid Date | Jan 18, 2024 | Jan 19, 2024 |
| Issue Open | Jan 19, 2024 | Jan 23, 2024 |
| Issue Close | Jan 24, 2024 | Jan 25, 2024 |
| Basis Of Allotment (Tentative) | Jan 25, 2024 | Jan 29, 2024 |
| Initiation of Refunds (Tentative) | Jan 29, 2024 | Jan 30, 2024 |
| Credit of Share (Tentative) | Jan 29, 2024 | Jan 30, 2024 |
| Listing date (Tentative) | Jan 30, 2024 | Jan 31, 2024 |
| Anchor Lockin End date 1 | Feb 24, 2024 | Feb 28, 2024 |
| Anchor Lockin End date 2 | Apr 24, 2024 | Apr 28, 2024 |
EPACK Durable IPO P/E ratio is 56.4, as compared to Nova AgriTech IPO P/E ratio of 13.05.
| EPACK Durable IPO | Nova AgriTech IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 85.49 | 84.27 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 65.36 | 59.39 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 56.4 | 13.05 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2203.37 Cr. | ₹379.33 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 14.68% | 38.27% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 11.85% | 27.25% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.58 | 1.11 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.08 | ₹3.14 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 14.68% | 32.08% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the EPACK Durable IPO Retail Individual Investors (RII) are offered 97,39,923 shares while in Nova AgriTech IPO retail investors are offered 97,39,923 shares. Qualified Institutional Buyers (QIB) are offered 55,65,671 shares in EPACK Durable IPO and 70,15,626 shares in Nova AgriTech IPO.
| EPACK Durable IPO | Nova AgriTech IPO | |
|---|---|---|
| Anchor Investor Reservation | 83,48,504 shares | 1,05,22,220 shares |
| Market Maker Reservation | ||
| QIB | 55,65,671 shares | 70,15,626 shares |
| NII | 41,74,253 shares | 52,61,354 shares |
| RII | 97,39,923 shares | 1,22,76,493 shares |
| Employee | ||
| Others | ||
| Total | 2,78,28,351 shares | 3,50,75,693 shares |
EPACK Durable IPO subscribed 16.79x in total, whereas Nova AgriTech IPO subscribed 113.21x.
| EPACK Durable IPO | Nova AgriTech IPO | |
|---|---|---|
| QIB (times) | 25.59x | 81.13x |
| NII (times) | 29.07x | 233.03x |
| Big NII (times) | 31.60x | 231.40x |
| Small NII (times) | 21.74x | 236.27x |
| RII (times) | 6.50x | 80.20x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 16.79x | 113.21x |
