Comparison between Envirotech Systems IPO and Osel Devices IPO.
Envirotech Systems 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.
| Envirotech Systems 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 | Share India Capital Services Pvt.Ltd. | Horizon Management Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MAS Services Ltd. |
| Market Maker | Share India Securities Ltd. | Giriraj Stock Broking Pvt.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 Envirotech Systems IPO is up to ₹26.31 Cr whereas the issue size of the Osel Devices IPO is up to ₹67.11 Cr. The final issue price of Envirotech Systems IPO is ₹56.00 per share and of Osel Devices IPO is ₹160.00 per share.
| Envirotech Systems IPO | Osel Devices IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹53.00 per share | ₹155.00 per share |
| Issue Price (Upper) | ₹56.00 per share | ₹160.00 per share |
| Issue Price (Final) | ₹56.00 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 | 46,98,000 shares | 41,94,400 shares |
| Fresh Issue Size (Amount) | up to ₹26.31 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 | 46,98,000 shares | 41,94,400 shares |
| Issue Size Total (Amount) | up to ₹26.31 Cr | up to ₹67.11 Cr |
Envirotech Systems IPO opens on Sep 13, 2024, while Osel Devices IPO opens on Sep 16, 2024. The closing date of Envirotech Systems IPO and Osel Devices IPO is Sep 19, 2024, and Sep 19, 2024, respectively.
| Envirotech Systems IPO | Osel Devices IPO | |
|---|---|---|
| Anchor Bid Date | Sep 12, 2024 | Sep 13, 2024 |
| Issue Open | Sep 13, 2024 | Sep 16, 2024 |
| Issue Close | Sep 19, 2024 | Sep 19, 2024 |
| Basis Of Allotment (Tentative) | Sep 20, 2024 | Sep 20, 2024 |
| Initiation of Refunds (Tentative) | Sep 23, 2024 | Sep 23, 2024 |
| Credit of Share (Tentative) | Sep 23, 2024 | Sep 23, 2024 |
| Listing date (Tentative) | Sep 24, 2024 | Sep 24, 2024 |
| Anchor Lockin End date 1 | Oct 20, 2024 | Oct 20, 2024 |
| Anchor Lockin End date 2 | Dec 19, 2024 | Dec 19, 2024 |
Envirotech Systems IPO P/E ratio is 6.56, as compared to Osel Devices IPO P/E ratio of 14.36.
| Envirotech Systems IPO | Osel Devices IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Envirotech Systems Limited Financial Information (Restated)Envirotech Systems Limited's revenue increased by 63% and profit after tax (PAT) rose by 344% 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) | 96.48 | 98.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 68.75 | 71.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 6.56 | 14.36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹105.22 Cr. | ₹258.07 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 58.29% | 34.68% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 62.43% | 43.17% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.54 | ₹11.14 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 58.29% | 51.50% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Envirotech Systems IPO Retail Individual Investors (RII) are offered 16,46,000 shares while in Osel Devices IPO retail investors are offered 16,46,000 shares. Qualified Institutional Buyers (QIB) are offered 9,40,000 shares in Envirotech Systems IPO and 8,38,400 shares in Osel Devices IPO.
| Envirotech Systems IPO | Osel Devices IPO | |
|---|---|---|
| Anchor Investor Reserveration | 14,06,000 shares | 12,57,600 shares |
| Market Maker Reserveration | 7,02,000 shares | 2,21,600 shares |
| QIB | 9,40,000 shares | 8,38,400 shares |
| NII | 7,06,000 shares | 6,29,600 shares |
| RII | 16,46,000 shares | 14,68,800 shares |
| Employee | ||
| Others | ||
| Total | 46,98,000 shares | 41,94,400 shares |
Envirotech Systems IPO subscribed 91.67x in total, whereas Osel Devices IPO subscribed 194.24x.
| Envirotech Systems IPO | Osel Devices IPO | |
|---|---|---|
| QIB (times) | 68.12x | 78.01x |
| NII (times) | 187.14x | 321.40x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 64.16x | 206.07x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 91.67x | 194.24x |
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