Comparison between Credo Brands Marketing IPO and Nova AgriTech IPO.
Credo Brands Marketing 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 Credo Brands Marketing IPO is up to ₹549.78 Cr whereas the issue size of the Nova AgriTech IPO is up to ₹143.81 Cr. The final issue price of Credo Brands Marketing IPO is ₹280.00 per share and of Nova AgriTech IPO is ₹41.00 per share.
| Credo Brands Marketing IPO | Nova AgriTech IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹2 per share |
| Issue Price (Lower) | ₹266.00 per share | ₹39.00 per share |
| Issue Price (Upper) | ₹280.00 per share | ₹41.00 per share |
| Issue Price (Final) | ₹280.00 per share | ₹41.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 53 shares | 365 shares |
| Fresh Issue Size | 0 shares | 2,73,17,073 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹112.00 Cr |
| OFS Issue Size | 1,96,34,960 shares | 77,58,620 shares |
| OFS Issue Size (Amount) | up to ₹549.78 Cr | up to ₹31.81 Cr |
| Issue Size Total | 1,96,34,960 shares | 3,50,75,693 shares |
| Issue Size Total (Amount) | up to ₹549.78 Cr | up to ₹143.81 Cr |
Credo Brands Marketing IPO opens on Dec 19, 2023, while Nova AgriTech IPO opens on Jan 23, 2024. The closing date of Credo Brands Marketing IPO and Nova AgriTech IPO is Dec 21, 2023, and Jan 25, 2024, respectively.
| Credo Brands Marketing IPO | Nova AgriTech IPO | |
|---|---|---|
| Anchor Bid Date | Dec 18, 2023 | Jan 19, 2024 |
| Issue Open | Dec 19, 2023 | Jan 23, 2024 |
| Issue Close | Dec 21, 2023 | Jan 25, 2024 |
| Basis Of Allotment (Tentative) | Dec 22, 2023 | Jan 29, 2024 |
| Initiation of Refunds (Tentative) | Dec 26, 2023 | Jan 30, 2024 |
| Credit of Share (Tentative) | Dec 26, 2023 | Jan 30, 2024 |
| Listing date (Tentative) | Dec 27, 2023 | Jan 31, 2024 |
| Anchor Lockin End date 1 | Jan 21, 2024 | Feb 28, 2024 |
| Anchor Lockin End date 2 | Mar 21, 2024 | Apr 28, 2024 |
Credo Brands Marketing IPO P/E ratio is 23.22, as compared to Nova AgriTech IPO P/E ratio of 13.05.
| Credo Brands Marketing IPO | Nova AgriTech IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 66.66 | 84.27 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 53.66 | 59.39 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 23.22 | 13.05 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1800.45 Cr. | ₹379.33 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 29.98% | 38.27% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 28.16% | 27.25% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.65 | 1.11 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹0.54 | ₹3.14 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 29.98% | 32.08% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Credo Brands Marketing IPO Retail Individual Investors (RII) are offered 68,72,236 shares while in Nova AgriTech IPO retail investors are offered 68,72,236 shares. Qualified Institutional Buyers (QIB) are offered 39,26,992 shares in Credo Brands Marketing IPO and 70,15,626 shares in Nova AgriTech IPO.
| Credo Brands Marketing IPO | Nova AgriTech IPO | |
|---|---|---|
| Anchor Investor Reservation | 58,90,488 shares | 1,05,22,220 shares |
| Market Maker Reservation | ||
| QIB | 39,26,992 shares | 70,15,626 shares |
| NII | 29,45,244 shares | 52,61,354 shares |
| RII | 68,72,236 shares | 1,22,76,493 shares |
| Employee | ||
| Others | ||
| Total | 1,96,34,960 shares | 3,50,75,693 shares |
Credo Brands Marketing IPO subscribed 51.85x in total, whereas Nova AgriTech IPO subscribed 113.21x.
| Credo Brands Marketing IPO | Nova AgriTech IPO | |
|---|---|---|
| QIB (times) | 104.95x | 81.13x |
| NII (times) | 55.52x | 233.03x |
| Big NII (times) | 55.73x | 231.40x |
| Small NII (times) | 55.10x | 236.27x |
| RII (times) | 19.94x | 80.20x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 51.85x | 113.21x |
