Comparison between Bikewo Green Tech IPO and Osel Devices IPO.
Bikewo Green Tech IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Osel Devices IPO is a SME Bookbuilding proposed to list at NSE SME.
| Bikewo Green Tech IPO | Osel Devices IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Khandwala Securities Ltd. | Horizon Management Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MAS Services Ltd. |
| Market Maker | Aftertrade Broking Pvt.Ltd. | Giriraj Stock Broking Pvt.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 Bikewo Green Tech IPO is up to ₹22.88 Cr whereas the issue size of the Osel Devices IPO is up to ₹67.11 Cr. The final issue price of Bikewo Green Tech IPO is ₹62.00 per share and of Osel Devices IPO is ₹160.00 per share.
| Bikewo Green Tech IPO | Osel Devices IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹59.00 per share | ₹155.00 per share |
| Issue Price (Upper) | ₹62.00 per share | ₹160.00 per share |
| Issue Price (Final) | ₹62.00 per share | ₹160.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 800 shares |
| Fresh Issue Size | 36,90,000 shares | 41,94,400 shares |
| Fresh Issue Size (Amount) | up to ₹22.88 Cr | up to ₹67.11 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 | 36,90,000 shares | 41,94,400 shares |
| Issue Size Total (Amount) | up to ₹22.88 Cr | up to ₹67.11 Cr |
Bikewo Green Tech IPO opens on Sep 20, 2024, while Osel Devices IPO opens on Sep 16, 2024. The closing date of Bikewo Green Tech IPO and Osel Devices IPO is Sep 24, 2024, and Sep 19, 2024, respectively.
| Bikewo Green Tech IPO | Osel Devices IPO | |
|---|---|---|
| Anchor Bid Date | Sep 13, 2024 | |
| Issue Open | Sep 20, 2024 | Sep 16, 2024 |
| Issue Close | Sep 24, 2024 | Sep 19, 2024 |
| Basis Of Allotment (Tentative) | Sep 25, 2024 | Sep 20, 2024 |
| Initiation of Refunds (Tentative) | Sep 26, 2024 | Sep 23, 2024 |
| Credit of Share (Tentative) | Sep 26, 2024 | Sep 23, 2024 |
| Listing date (Tentative) | Sep 27, 2024 | Sep 24, 2024 |
| Anchor Lockin End date 1 | Oct 20, 2024 | |
| Anchor Lockin End date 2 | Dec 19, 2024 |
Bikewo Green Tech IPO P/E ratio is 33.95, as compared to Osel Devices IPO P/E ratio of 14.36.
| Bikewo Green Tech IPO | Osel Devices IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | BikeWo GreenTech Limited Financial Information (Restated)BikeWo GreenTech Limited's revenue increased by 22% and profit after tax (PAT) rose by 1606% between the financial year ending with March 31, 2024 and March 31, 2023.
| Osel Devices Limited Financial Information (Restated)Osel Devices Limited's revenue increased by 62% and profit after tax (PAT) rose by 180% between the financial year ending with March 31, 2024 and March 31, 2023.
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| Promoter Shareholding (Pre-Issue) | 89.00 | 98.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62.48 | 71.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 33.95 | 14.36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹80.87 Cr. | ₹258.07 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 13.94% | 34.68% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 10.87% | 43.17% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.83 | ₹11.14 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 13.94% | 51.50% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Bikewo Green Tech IPO Retail Individual Investors (RII) are offered 17,52,000 shares while in Osel Devices IPO retail investors are offered 17,52,000 shares. Qualified Institutional Buyers (QIB) are offered 1,86,000 shares in Bikewo Green Tech IPO and 8,38,400 shares in Osel Devices IPO.
| Bikewo Green Tech IPO | Osel Devices IPO | |
|---|---|---|
| Anchor Investor Reserveration | 12,57,600 shares | |
| Market Maker Reserveration | 1,96,000 shares | 2,21,600 shares |
| QIB | 1,86,000 shares | 8,38,400 shares |
| NII | 17,52,000 shares | 6,29,600 shares |
| RII | 17,52,000 shares | 14,68,800 shares |
| Employee | ||
| Others | ||
| Total | 36,90,000 shares | 41,94,400 shares |
Bikewo Green Tech IPO subscribed 41.82x in total, whereas Osel Devices IPO subscribed 194.24x.
| Bikewo Green Tech IPO | Osel Devices IPO | |
|---|---|---|
| QIB (times) | 43.03x | 78.01x |
| NII (times) | 22.48x | 321.40x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 61.04x | 206.07x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 41.82x | 194.24x |
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