Enser Communications IPO vs Omfurn India FPO

Comparison between Enser Communications IPO and Omfurn India FPO.

IPO Details

Enser Communications IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Omfurn India FPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Enser Communications IPO is up to ₹15.34 Cr whereas the issue size of the Omfurn India FPO is up to ₹25.65 Cr. The final issue price of Enser Communications IPO is ₹70.00 per share and of Omfurn India FPO is ₹75.00 per share.

 Enser Communications IPOOmfurn India FPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹71.00 per share
Issue Price (Upper)₹75.00 per share
Issue Price (Final)₹70.00 per share₹75.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares2400 shares
Fresh Issue Size21,92,000 shares34,20,000 shares
Fresh Issue Size (Amount)up to ₹15.34 Crup to ₹25.65 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total21,92,000 shares34,20,000 shares
Issue Size Total (Amount)up to ₹15.34 Crup to ₹25.65 Cr

IPO Timetable

Enser Communications IPO opens on Mar 15, 2024, while Omfurn India FPO opens on Mar 20, 2024. The closing date of Enser Communications IPO and Omfurn India FPO is Mar 19, 2024, and Mar 22, 2024, respectively.

 Enser Communications IPOOmfurn India FPO
Anchor Bid DateMar 19, 2024
Issue OpenMar 15, 2024Mar 20, 2024
Issue CloseMar 19, 2024Mar 22, 2024
Basis Of Allotment (Tentative)Mar 20, 2024Mar 26, 2024
Initiation of Refunds (Tentative)Mar 21, 2024Mar 27, 2024
Credit of Share (Tentative)Mar 21, 2024Mar 27, 2024
Listing date (Tentative)Mar 22, 2024Mar 28, 2024
Anchor Lockin End date 1Apr 25, 2024
Anchor Lockin End date 2Jun 24, 2024

Financials & KPIs

Enser Communications IPO P/E ratio is 28.02, as compared to Omfurn India FPO P/E ratio of 14.78.

 Enser Communications IPOOmfurn India FPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets17.9913.848.706.62
Total Income18.1625.9116.869.61
Profit After Tax2.141.600.78-0.12
NET Worth6.533.952.351.57
Reserves and Surplus6.523.942.341.56
Total Borrowing7.096.323.092.77
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets68.2657.1747.6646.65
Total Income44.7571.0832.3021.85
Profit After Tax2.894.150.60-0.99
NET Worth28.6325.7421.5920.99
Reserves and Surplus21.8218.9314.7814.18
Total Borrowing18.9011.3815.9515.86
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)90.1373.40
Promoter Shareholding (Post-Issue)66.2550.96
P/E Ratio28.0214.78
Market Cap₹61.01 Cr.₹88.31 Cr.
ROE32.76%10.10%
ROCE34.61%10.28%
Debt/Equity
EPS₹2.50₹5.08
RoNW32.76%10.10%

Shares Offered

In the Enser Communications IPO Retail Individual Investors (RII) are offered 10,96,000 shares while in Omfurn India FPO retail investors are offered 10,96,000 shares. Qualified Institutional Buyers (QIB) are offered in Enser Communications IPO and 11,73,600 shares in Omfurn India FPO.

 Enser Communications IPOOmfurn India FPO
Anchor Investor Reservation5,35,200 shares
Market Maker Reservation1,18,000 shares1,80,000 shares
QIB11,73,600 shares
NII10,96,000 shares5,13,600 shares
RII10,96,000 shares11,97,600 shares
Employee
Others
Total21,92,000 shares34,20,000 shares

Bids Received (Subscription)

Enser Communications IPO subscribed 7.29x in total, whereas Omfurn India FPO subscribed 3.57x.

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Enser Communications IPO Vs Omfurn India FPO