Comparison between Innovatus Entertainment Networks IPO and Oriana Power IPO.
Innovatus Entertainment Networks IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Oriana Power IPO is a SME Bookbuilding proposed to list at NSE SME.
| Innovatus Entertainment Networks IPO | Oriana Power IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Inventure Merchant Banker Services Pvt.Ltd. | Corporate Capitalventures Pvt.Ltd. |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Pure Broking Pvt.Ltd. | Share India Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Innovatus Entertainment Networks IPO is up to ₹7.35 Cr whereas the issue size of the Oriana Power IPO is up to ₹56.64 Cr. The final issue price of Innovatus Entertainment Networks IPO is ₹50.00 per share and of Oriana Power IPO is ₹118.00 per share.
| Innovatus Entertainment Networks 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) | ₹50.00 per share | ₹118.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1200 shares |
| Fresh Issue Size | 14,70,000 shares | 48,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹7.35 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 | 14,70,000 shares | 48,00,000 shares |
| Issue Size Total (Amount) | up to ₹7.35 Cr | up to ₹56.64 Cr |
Innovatus Entertainment Networks IPO opens on Jul 25, 2023, while Oriana Power IPO opens on Aug 01, 2023. The closing date of Innovatus Entertainment Networks IPO and Oriana Power IPO is Jul 27, 2023, and Aug 03, 2023, respectively.
| Innovatus Entertainment Networks IPO | Oriana Power IPO | |
|---|---|---|
| Anchor Bid Date | Jul 31, 2023 | |
| Issue Open | Jul 25, 2023 | Aug 01, 2023 |
| Issue Close | Jul 27, 2023 | Aug 03, 2023 |
| Basis Of Allotment (Tentative) | Aug 01, 2023 | Aug 08, 2023 |
| Initiation of Refunds (Tentative) | Aug 02, 2023 | Aug 09, 2023 |
| Credit of Share (Tentative) | Aug 03, 2023 | Aug 10, 2023 |
| Listing date (Tentative) | Aug 04, 2023 | Aug 11, 2023 |
| Anchor Lockin End date 1 | Sep 07, 2023 | |
| Anchor Lockin End date 2 | Nov 06, 2023 |
Innovatus Entertainment Networks IPO P/E ratio is 41, as compared to Oriana Power IPO P/E ratio of 20.7.
| Innovatus Entertainment Networks IPO | Oriana Power IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Standalone)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.97 | 83.40 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 60.87 | 61.41 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 41 | 20.7 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹19.79 Cr. | ₹226.36 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 9.98 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 11.32 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.32 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.00 | ₹20.85 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 9.98 | 34.10 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Innovatus Entertainment Networks IPO Retail Individual Investors (RII) are offered 7,35,000 shares while in Oriana Power IPO retail investors are offered 7,35,000 shares. Qualified Institutional Buyers (QIB) are offered in Innovatus Entertainment Networks IPO and 9,60,000 shares in Oriana Power IPO.
| Innovatus Entertainment Networks IPO | Oriana Power IPO | |
|---|---|---|
| Anchor Investor Reservation | 14,40,000 shares | |
| Market Maker Reservation | 78,000 shares | 2,55,600 shares |
| QIB | 9,60,000 shares | |
| NII | 7,35,000 shares | 7,20,000 shares |
| RII | 7,35,000 shares | 16,80,000 shares |
| Employee | ||
| Others | ||
| Total | 14,70,000 shares | 48,00,000 shares |
Innovatus Entertainment Networks IPO subscribed 105.21x in total, whereas Oriana Power IPO subscribed 176.58x.
| Innovatus Entertainment Networks IPO | Oriana Power IPO | |
|---|---|---|
| QIB (times) | 72.16x | |
| NII (times) | 56.58x | 251.74x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 150.50x | 204.04x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 105.21x | 176.58x |
