Crop Life Science IPO vs Oriana Power IPO

Comparison between Crop Life Science IPO and Oriana Power IPO.

IPO Details

Crop Life Science IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Oriana Power IPO is a SME Bookbuilding proposed to list at NSE SME.

	Crop Life Science IPO	Oriana Power IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Interactive Financial Services Ltd.	Corporate Capitalventures Pvt.Ltd.
Registrar	Purva Sharegistry (India) Pvt.Ltd.	Skyline Financial Services Pvt.Ltd.
Market Maker	Nikunj Stock Brokers Ltd.	Share India Securities Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Crop Life Science IPO is up to ₹25.38 Cr whereas the issue size of the Oriana Power IPO is up to ₹56.64 Cr. The final issue price of Crop Life Science IPO is ₹52.00 per share and of Oriana Power IPO is ₹118.00 per share.

	Crop Life Science IPO	Oriana Power IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹115.00 per share
Issue Price (Upper)		₹118.00 per share
Issue Price (Final)	₹52.00 per share	₹118.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	2000 shares	1200 shares
Fresh Issue Size	48,80,000 shares	48,00,000 shares
Fresh Issue Size (Amount)	up to ₹25.38 Cr	up to ₹56.64 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	48,80,000 shares	48,00,000 shares
Issue Size Total (Amount)	up to ₹25.38 Cr	up to ₹56.64 Cr

IPO Timetable

Crop Life Science IPO opens on Aug 18, 2023, while Oriana Power IPO opens on Aug 01, 2023. The closing date of Crop Life Science IPO and Oriana Power IPO is Aug 22, 2023, and Aug 03, 2023, respectively.

	Crop Life Science IPO	Oriana Power IPO
Anchor Bid Date		Jul 31, 2023
Issue Open	Aug 18, 2023	Aug 01, 2023
Issue Close	Aug 22, 2023	Aug 03, 2023
Basis Of Allotment (Tentative)	Aug 25, 2023	Aug 08, 2023
Initiation of Refunds (Tentative)	Aug 28, 2023	Aug 09, 2023
Credit of Share (Tentative)	Aug 29, 2023	Aug 10, 2023
Listing date (Tentative)	Aug 30, 2023	Aug 11, 2023
Anchor Lockin End date 1		Sep 07, 2023
Anchor Lockin End date 2		Nov 06, 2023

Financials & KPIs

Crop Life Science IPO P/E ratio is 14.29, as compared to Oriana Power IPO P/E ratio of 20.7.

Crop Life Science IPO

Oriana Power IPO

Financials

Crop Life Science IPO Financial Information (Restated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	7,645.16	8,630.18	9,457.75	10,471.64
Total Income	13,531.18	11,950.18	10,238.92	12,323.43
Profit After Tax	323.00	370.46	281.41	436.66
Net Worth	2,925.61	3,287.06	3,526.33	4,038.51
Reserves and Surplus	1,770.01	2,114.88	2,401.86	2,838.51
Total Borrowing	1,594.40	1,747.29	2,093.03	2,682.32

Amount in ₹ Lakhs

Oriana Power Limited Financial Information (Restated Standalone)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-21	2,964.83	3,376.98	282.38	771.29	464.29	75.23
31-Mar-22	5,572.69	10,146.86	695.53	1,775.82	1,159.82	769.07
31-Mar-23	7,799.99	13,395.37	1,268.52	3,621.84	2,950.84	1,489.19
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00

83.40

Promoter Shareholding (Post-Issue)

70.01

61.41

P/E Ratio

14.29

20.7

Market Cap

₹226.36 Cr.

ROE

11.54%

1.97

ROCE

18.63

46%

Debt/Equity

0.68

0.41

EPS

₹3.64

₹20.85

RoNW

10.81%

35.36%

Shares Offered

In the Crop Life Science IPO Retail Individual Investors (RII) are offered 24,40,000 shares while in Oriana Power IPO retail investors are offered 24,40,000 shares. Qualified Institutional Buyers (QIB) are offered in Crop Life Science IPO and 9,60,000 shares in Oriana Power IPO.

	Crop Life Science IPO	Oriana Power IPO
Anchor Investor Reserveration		14,40,000 shares
Market Maker Reserveration	2,60,000 shares	2,55,600 shares
QIB		9,60,000 shares
NII	24,40,000 shares	7,20,000 shares
RII	24,40,000 shares	16,80,000 shares
Employee
Others
Total	48,80,000 shares	48,00,000 shares

Bids Received (Subscription)

Crop Life Science IPO subscribed 4.36x in total, whereas Oriana Power IPO subscribed 176.58x.

	Crop Life Science IPO	Oriana Power IPO
QIB (times)		72.16x
NII (times)	1.56x	251.74x
Big NII (times)
Small NII (times)
RII (times)	7.15x	204.04x
Employee (times)
Other (times)
Total (times)	4.36x	176.58x

Compare with others

Crop Life Science IPO	Oriana Power IPO
Mono Pharmacare IPO	Crop Life Science IPO
Sungarner Energies IPO	Shelter Pharma IPO
Sahaj Fashions IPO	Sangani Hospitals IPO
Shoora Designs IPO	Yudiz Solutions IPO
Bondada Engineering IPO	Zeal Global Services IPO
Shelter Pharma IPO	Innovatus Entertainment Networks IPO
Sangani Hospitals IPO	Shri Techtex IPO
Yudiz Solutions IPO	Vinsys IT IPO
Zeal Global Services IPO	Yasons Chemex Care IPO
Oriana Power IPO	Committed Cargo Care IPO