Innova Captab IPO vs Nova AgriTech IPO

Comparison between Innova Captab IPO and Nova AgriTech IPO.

IPO Details

Innova Captab 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.

Issue Size and Price

The total issue size of Innova Captab IPO is up to ₹570.00 Cr whereas the issue size of the Nova AgriTech IPO is up to ₹143.81 Cr. The final issue price of Innova Captab IPO is ₹448.00 per share and of Nova AgriTech IPO is ₹41.00 per share.

 Innova Captab IPONova AgriTech IPO
Face Value₹10 per share₹2 per share
Issue Price (Lower)₹426.00 per share₹39.00 per share
Issue Price (Upper)₹448.00 per share₹41.00 per share
Issue Price (Final)₹448.00 per share₹41.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size33 shares365 shares
Fresh Issue Size71,42,857 shares2,73,17,073 shares
Fresh Issue Size (Amount)up to ₹320.00 Crup to ₹112.00 Cr
OFS Issue Size55,80,357 shares77,58,620 shares
OFS Issue Size (Amount)up to ₹250.00 Crup to ₹31.81 Cr
Issue Size Total1,27,23,214 shares3,50,75,693 shares
Issue Size Total (Amount)up to ₹570.00 Crup to ₹143.81 Cr

IPO Timetable

Innova Captab IPO opens on Dec 21, 2023, while Nova AgriTech IPO opens on Jan 23, 2024. The closing date of Innova Captab IPO and Nova AgriTech IPO is Dec 26, 2023, and Jan 25, 2024, respectively.

 Innova Captab IPONova AgriTech IPO
Anchor Bid DateDec 20, 2023Jan 19, 2024
Issue OpenDec 21, 2023Jan 23, 2024
Issue CloseDec 26, 2023Jan 25, 2024
Basis Of Allotment (Tentative)Dec 27, 2023Jan 29, 2024
Initiation of Refunds (Tentative)Dec 28, 2023Jan 30, 2024
Credit of Share (Tentative)Dec 28, 2023Jan 30, 2024
Listing date (Tentative)Dec 29, 2023Jan 31, 2024
Anchor Lockin End date 1Jan 26, 2024Feb 28, 2024
Anchor Lockin End date 2Mar 26, 2024Apr 28, 2024

Financials & KPIs

Innova Captab IPO P/E ratio is 31.64, as compared to Nova AgriTech IPO P/E ratio of 13.05.

 Innova Captab IPONova AgriTech IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,086.16704.41575.48369.62
Total Income234.37935.58803.41412.03
Profit After Tax17.5967.9563.9534.50
NET Worth294.27276.46208.56144.78
Reserves and Surplus317.51228.51196.61132.82
Total Borrowing441.90235.19198.1845.03
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202322 Mar 202231 Mar 2021
Assets196.37180.78160.30147.44
Total Income103.24210.93185.61160.93
Profit After Tax10.3820.4913.696.30
NET Worth74.2363.8843.1929.43
Reserves and Surplus60.9750.5930.1016.41
Total Borrowing68.5070.9664.2751.10
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)66.8584.27
Promoter Shareholding (Post-Issue)59.39
P/E Ratio31.6413.05
Market Cap₹2563.70 Cr.₹379.33 Cr.
ROE24.58%38.27%
ROCE22.61%27.25%
Debt/Equity0.851.11
EPS₹14.16₹3.14
RoNW24.58%32.08%

Shares Offered

In the Innova Captab IPO Retail Individual Investors (RII) are offered 44,53,125 shares while in Nova AgriTech IPO retail investors are offered 44,53,125 shares. Qualified Institutional Buyers (QIB) are offered 25,44,643 shares in Innova Captab IPO and 70,15,626 shares in Nova AgriTech IPO.

 Innova Captab IPONova AgriTech IPO
Anchor Investor Reservation38,16,963 shares1,05,22,220 shares
Market Maker Reservation
QIB25,44,643 shares70,15,626 shares
NII19,08,483 shares52,61,354 shares
RII44,53,125 shares1,22,76,493 shares
Employee
Others
Total1,27,23,214 shares3,50,75,693 shares

Bids Received (Subscription)

Innova Captab IPO subscribed 55.26x in total, whereas Nova AgriTech IPO subscribed 113.21x.

 Innova Captab IPONova AgriTech IPO
QIB (times)116.73x81.13x
NII (times)64.95x233.03x
Big NII (times)71.59x231.40x
Small NII (times)51.65x236.27x
RII (times)17.15x80.20x
Employee (times)
Other (times)
Total (times)55.26x113.21x

Compare with others

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Innova Captab IPO Vs Nova AgriTech IPO