Comparison between Owais Metal IPO and Purv Flexipack IPO.
Owais Metal IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Purv Flexipack IPO is a SME Bookbuilding proposed to list at NSE SME.
| Owais Metal IPO | Purv Flexipack IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Gretex Corporate Services Ltd. | Holani Consultants Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Gretex Share Broking Pvt.Ltd. | Holani Consultants 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 Owais Metal IPO is up to ₹39.70 Cr whereas the issue size of the Purv Flexipack IPO is up to ₹37.74 Cr. The final issue price of Owais Metal IPO is ₹87.00 per share and of Purv Flexipack IPO is ₹71.00 per share.
| Owais Metal IPO | Purv Flexipack IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹83.00 per share | ₹70.00 per share |
| Issue Price (Upper) | ₹87.00 per share | ₹71.00 per share |
| Issue Price (Final) | ₹87.00 per share | ₹71.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1600 shares |
| Fresh Issue Size | 45,63,200 shares | 53,15,200 shares |
| Fresh Issue Size (Amount) | up to ₹39.70 Cr | up to ₹37.74 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 | 45,63,200 shares | 53,15,200 shares |
| Issue Size Total (Amount) | up to ₹39.70 Cr | up to ₹37.74 Cr |
Owais Metal IPO opens on Feb 26, 2024, while Purv Flexipack IPO opens on Feb 27, 2024. The closing date of Owais Metal IPO and Purv Flexipack IPO is Feb 28, 2024, and Feb 29, 2024, respectively.
| Owais Metal IPO | Purv Flexipack IPO | |
|---|---|---|
| Anchor Bid Date | Feb 23, 2024 | Feb 26, 2024 |
| Issue Open | Feb 26, 2024 | Feb 27, 2024 |
| Issue Close | Feb 28, 2024 | Feb 29, 2024 |
| Basis Of Allotment (Tentative) | Feb 29, 2024 | Mar 01, 2024 |
| Initiation of Refunds (Tentative) | Mar 01, 2024 | Mar 04, 2024 |
| Credit of Share (Tentative) | Mar 01, 2024 | Mar 04, 2024 |
| Listing date (Tentative) | Mar 04, 2024 | Mar 05, 2024 |
| Anchor Lockin End date 1 | Mar 30, 2024 | Mar 31, 2024 |
| Anchor Lockin End date 2 | May 29, 2024 | May 30, 2024 |
Owais Metal IPO P/E ratio is 21.35, as compared to Purv Flexipack IPO P/E ratio of 13.17.
| Owais Metal IPO | Purv Flexipack IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Owais Metal and Mineral Processing Limited Financial Information (Restated)
| Purv Flexipack Limited Financial Information (Restated)Purv Flexipack Limited's revenue increased by 48.66% and profit after tax (PAT) rose by 31.82% between the financial year ending with March 31, 2023 and March 31, 2022.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 92.17 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.01 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 21.35 | 13.17 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹158.19 Cr. | ₹148.98 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | -5.35% | 11.46% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 18.50% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 5.61 | 1.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.08 | ₹5.39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | -22.22% | 10.84% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Owais Metal IPO Retail Individual Investors (RII) are offered 15,98,400 shares while in Purv Flexipack IPO retail investors are offered 15,98,400 shares. Qualified Institutional Buyers (QIB) are offered 9,12,000 shares in Owais Metal IPO and 10,52,800 shares in Purv Flexipack IPO.
| Owais Metal IPO | Purv Flexipack IPO | |
|---|---|---|
| Anchor Investor Reserveration | 13,68,000 shares | 15,16,800 shares |
| Market Maker Reserveration | 3,44,000 shares | 3,48,800 shares |
| QIB | 9,12,000 shares | 10,52,800 shares |
| NII | 6,84,800 shares | 8,44,800 shares |
| RII | 15,98,400 shares | 19,00,800 shares |
| Employee | ||
| Others | ||
| Total | 45,63,200 shares | 53,15,200 shares |
Owais Metal IPO subscribed 221.18x in total, whereas Purv Flexipack IPO subscribed 421.78x.
| Owais Metal IPO | Purv Flexipack IPO | |
|---|---|---|
| QIB (times) | 92.06x | 157.32x |
| NII (times) | 329.36x | 690.72x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 248.50x | 448.73x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 221.18x | 421.78x |
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