Comparison between Oriana Power IPO and Zeal Global Services IPO.
Oriana Power IPO is a SME Fixed Price IPO proposed to list at NSE SME while Zeal Global Services IPO is a SME Fixed Price proposed to list at NSE SME.
| Oriana Power IPO | Zeal Global Services IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Corporate Capitalventures Pvt.Ltd. | Expert Global Consultants Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Share India Securities Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Oriana Power IPO is up to ₹56.64 Cr whereas the issue size of the Zeal Global Services IPO is up to ₹34.63 Cr. The final issue price of Oriana Power IPO is ₹118.00 per share and of Zeal Global Services IPO is ₹103.00 per share.
| Oriana Power IPO | Zeal Global Services 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) | ₹118.00 per share | ₹103.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1200 shares |
| Fresh Issue Size | 48,00,000 shares | 33,62,400 shares |
| Fresh Issue Size (Amount) | up to ₹56.64 Cr | up to ₹34.63 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 | 48,00,000 shares | 33,62,400 shares |
| Issue Size Total (Amount) | up to ₹56.64 Cr | up to ₹34.63 Cr |
Oriana Power IPO opens on Aug 01, 2023, while Zeal Global Services IPO opens on Jul 28, 2023. The closing date of Oriana Power IPO and Zeal Global Services IPO is Aug 03, 2023, and Aug 01, 2023, respectively.
| Oriana Power IPO | Zeal Global Services IPO | |
|---|---|---|
| Anchor Bid Date | Jul 31, 2023 | |
| Issue Open | Aug 01, 2023 | Jul 28, 2023 |
| Issue Close | Aug 03, 2023 | Aug 01, 2023 |
| Basis Of Allotment (Tentative) | Aug 08, 2023 | Aug 04, 2023 |
| Initiation of Refunds (Tentative) | Aug 09, 2023 | Aug 07, 2023 |
| Credit of Share (Tentative) | Aug 10, 2023 | Aug 08, 2023 |
| Listing date (Tentative) | Aug 11, 2023 | Aug 09, 2023 |
| Anchor Lockin End date 1 | Sep 07, 2023 | |
| Anchor Lockin End date 2 | Nov 06, 2023 |
Oriana Power IPO P/E ratio is 20.7, as compared to Zeal Global Services IPO P/E ratio of 13.83.
| Oriana Power IPO | Zeal Global Services IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials |
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| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 83.40 | 100.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 61.41 | 73.40 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 20.7 | 13.83 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹226.36 Cr. | ₹137.09 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 1.97 | 39.07% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 46% | 0.56 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.41 | 0.59 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹20.85 | ₹8.46 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 35.36% | 48.73% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Oriana Power IPO Retail Individual Investors (RII) are offered 16,80,000 shares while in Zeal Global Services IPO retail investors are offered 16,80,000 shares. Qualified Institutional Buyers (QIB) are offered 9,60,000 shares in Oriana Power IPO and in Zeal Global Services IPO.
| Oriana Power IPO | Zeal Global Services IPO | |
|---|---|---|
| Anchor Investor Reserveration | 14,40,000 shares | |
| Market Maker Reserveration | 2,55,600 shares | 1,77,600 shares |
| QIB | 9,60,000 shares | |
| NII | 7,20,000 shares | 16,80,000 shares |
| RII | 16,80,000 shares | 16,82,400 shares |
| Employee | ||
| Others | ||
| Total | 48,00,000 shares | 33,62,400 shares |
Oriana Power IPO subscribed 176.58x in total, whereas Zeal Global Services IPO subscribed 4.06x.
| Oriana Power IPO | Zeal Global Services IPO | |
|---|---|---|
| QIB (times) | 72.16x | |
| NII (times) | 251.74x | 4.26x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 204.04x | 3.85x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 176.58x | 4.06x |
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