Comparison between Omfurn India FPO and Radiowalla Network IPO.
Omfurn India FPO is a SME Bookbuilding IPO proposed to list at NSE SME while Radiowalla Network IPO is a SME Bookbuilding proposed to list at NSE SME.
| Omfurn India FPO | Radiowalla Network IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | FPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Gretex Corporate Services Ltd. | Narnolia Financial Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Gretex Share Broking Pvt.Ltd. | SS Corporate Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Omfurn India FPO is up to ₹25.65 Cr whereas the issue size of the Radiowalla Network IPO is up to ₹13.40 Cr. The final issue price of Omfurn India FPO is ₹75.00 per share and of Radiowalla Network IPO is ₹76.00 per share.
| Omfurn India FPO | Radiowalla Network IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹71.00 per share | ₹72.00 per share |
| Issue Price (Upper) | ₹75.00 per share | ₹76.00 per share |
| Issue Price (Final) | ₹75.00 per share | ₹76.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2400 shares | 1600 shares |
| Fresh Issue Size | 34,20,000 shares | 17,63,200 shares |
| Fresh Issue Size (Amount) | up to ₹25.65 Cr | up to ₹13.40 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 | 34,20,000 shares | 17,63,200 shares |
| Issue Size Total (Amount) | up to ₹25.65 Cr | up to ₹13.40 Cr |
Omfurn India FPO opens on Mar 20, 2024, while Radiowalla Network IPO opens on Mar 27, 2024. The closing date of Omfurn India FPO and Radiowalla Network IPO is Mar 22, 2024, and Apr 02, 2024, respectively.
| Omfurn India FPO | Radiowalla Network IPO | |
|---|---|---|
| Anchor Bid Date | Mar 19, 2024 | Mar 26, 2024 |
| Issue Open | Mar 20, 2024 | Mar 27, 2024 |
| Issue Close | Mar 22, 2024 | Apr 02, 2024 |
| Basis Of Allotment (Tentative) | Mar 26, 2024 | Apr 03, 2024 |
| Initiation of Refunds (Tentative) | Mar 27, 2024 | Apr 04, 2024 |
| Credit of Share (Tentative) | Mar 27, 2024 | Apr 04, 2024 |
| Listing date (Tentative) | Mar 28, 2024 | Apr 05, 2024 |
| Anchor Lockin End date 1 | Apr 25, 2024 | May 03, 2024 |
| Anchor Lockin End date 2 | Jun 24, 2024 | Jul 02, 2024 |
Omfurn India FPO P/E ratio is 14.78, as compared to Radiowalla Network IPO P/E ratio of 38.48.
| Omfurn India FPO | Radiowalla Network IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Omfurn India Limited FPO Financial Information (Restated)Omfurn India Limited FPO's revenue increased by 120.08% and profit after tax (PAT) rose by 593.65% between the financial year ending with March 31, 2023 and March 31, 2022.
| Radiowalla Network Limited Financial Information (Restated Consolidated)Radiowalla Network Limited's revenue increased by 33.59% and profit after tax (PAT) rose by 117.36% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 73.40 | 55.80 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 50.96 | 40.95 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.78 | 38.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹88.31 Cr. | ₹53.57 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 10.10% | 20.62% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 10.28% | 21.28% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.09 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.08 | ₹1.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 10.10% | 20.62% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Omfurn India FPO Retail Individual Investors (RII) are offered 11,97,600 shares while in Radiowalla Network IPO retail investors are offered 11,97,600 shares. Qualified Institutional Buyers (QIB) are offered 11,73,600 shares in Omfurn India FPO and 3,53,600 shares in Radiowalla Network IPO.
| Omfurn India FPO | Radiowalla Network IPO | |
|---|---|---|
| Anchor Investor Reserveration | 5,35,200 shares | 5,26,400 shares |
| Market Maker Reserveration | 1,80,000 shares | 1,12,000 shares |
| QIB | 11,73,600 shares | 3,53,600 shares |
| NII | 5,13,600 shares | 2,65,600 shares |
| RII | 11,97,600 shares | 6,17,600 shares |
| Employee | ||
| Others | ||
| Total | 34,20,000 shares | 17,63,200 shares |
Omfurn India FPO subscribed 3.57x in total, whereas Radiowalla Network IPO subscribed 307.54x.
| Omfurn India FPO | Radiowalla Network IPO | |
|---|---|---|
| QIB (times) | 1.00x | 87.96x |
| NII (times) | 3.02x | 491.86x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 6.33x | 353.98x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 3.57x | 307.54x |
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