Comparison between OBSC Perfection IPO and Usha Financial IPO.
OBSC Perfection IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Usha Financial IPO is a SME Bookbuilding proposed to list at NSE SME.
| OBSC Perfection IPO | Usha Financial IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Unistone Capital Pvt.Ltd. | Unistone Capital Pvt.Ltd. Narnolia Financial Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | R.K.Stock Holding Pvt.Ltd. | SS Corporate Securities 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 OBSC Perfection IPO is up to ₹62.69 Cr whereas the issue size of the Usha Financial IPO is up to ₹93.06 Cr. The final issue price of OBSC Perfection IPO is ₹100.00 per share and of Usha Financial IPO is ₹168.00 per share.
| OBSC Perfection IPO | Usha Financial IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹95.00 per share | ₹160.00 per share |
| Issue Price (Upper) | ₹100.00 per share | ₹168.00 per share |
| Issue Price (Final) | ₹100.00 per share | ₹168.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 800 shares |
| Fresh Issue Size | 62,68,800 shares | 55,39,200 shares |
| Fresh Issue Size (Amount) | up to ₹62.69 Cr | up to ₹93.06 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 62,68,800 shares | 55,39,200 shares |
| Issue Size Total (Amount) | up to ₹62.69 Cr | up to ₹93.06 Cr |
OBSC Perfection IPO opens on Oct 22, 2024, while Usha Financial IPO opens on Oct 24, 2024. The closing date of OBSC Perfection IPO and Usha Financial IPO is Oct 24, 2024, and Oct 28, 2024, respectively.
| OBSC Perfection IPO | Usha Financial IPO | |
|---|---|---|
| Anchor Bid Date | Oct 21, 2024 | Oct 23, 2024 |
| Issue Open | Oct 22, 2024 | Oct 24, 2024 |
| Issue Close | Oct 24, 2024 | Oct 28, 2024 |
| Basis Of Allotment (Tentative) | Oct 25, 2024 | Oct 29, 2024 |
| Initiation of Refunds (Tentative) | Oct 28, 2024 | Oct 30, 2024 |
| Credit of Share (Tentative) | Oct 28, 2024 | Oct 30, 2024 |
| Listing date (Tentative) | Oct 29, 2024 | Oct 31, 2024 |
| Anchor Lockin End date 1 | Nov 24, 2024 | Nov 28, 2024 |
| Anchor Lockin End date 2 | Jan 23, 2025 | Jan 27, 2025 |
OBSC Perfection IPO P/E ratio is 14.62, as compared to Usha Financial IPO P/E ratio of 19.83.
| OBSC Perfection IPO | Usha Financial IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 98.91 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73 | 72.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.62 | 19.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹244.52 Cr. | ₹365.19 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 40.61 | 9.29 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 31.49 | 12.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.38 | 1.70 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.84 | ₹8.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 40.61 | 9.29 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the OBSC Perfection IPO Retail Individual Investors (RII) are offered 21,94,800 shares while in Usha Financial IPO retail investors are offered 21,94,800 shares. Qualified Institutional Buyers (QIB) are offered 12,54,000 shares in OBSC Perfection IPO and 11,08,000 shares in Usha Financial IPO.
| OBSC Perfection IPO | Usha Financial IPO | |
|---|---|---|
| Anchor Investor Reservation | 18,79,200 shares | 16,60,800 shares |
| Market Maker Reservation | 3,33,600 shares | 3,20,800 shares |
| QIB | 12,54,000 shares | 11,08,000 shares |
| NII | 9,40,800 shares | 8,31,200 shares |
| RII | 21,94,800 shares | 19,39,200 shares |
| Employee | ||
| Others | ||
| Total | 62,68,800 shares | 55,39,200 shares |
OBSC Perfection IPO subscribed 11.59x in total, whereas Usha Financial IPO subscribed 13.56x.
| OBSC Perfection IPO | Usha Financial IPO | |
|---|---|---|
| QIB (times) | 10.21x | 10.04x |
| NII (times) | 25.86x | 28.55x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 16.19x | 20.76x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 11.59x | 13.56x |
