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Pace E-Commerce Ventures IPO vs Steelman Telecom IPO

Comparison between Pace E-Commerce Ventures IPO and Steelman Telecom IPO.

IPO Details

Pace E-Commerce Ventures IPO is a SME Fixed Price IPO proposed to list at BSE SME while Steelman Telecom IPO is a SME Fixed Price proposed to list at BSE SME.

 Pace E-Commerce Ventures IPOSteelman Telecom IPO
LogoPace E-Commerce Ventures IPO LogoSteelman Telecom IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersInteractive Financial Services Ltd.Gretex Corporate Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerBeeline Broking Ltd.Gretex Share Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Pace E-Commerce Ventures IPO is up to ₹63.11 Cr whereas the issue size of the Steelman Telecom IPO is up to ₹24.72 Cr. The final issue price of Pace E-Commerce Ventures IPO is ₹103.00 per share and of Steelman Telecom IPO is ₹96.00 per share.

 Pace E-Commerce Ventures IPOSteelman Telecom IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹103.00 per share₹96.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares1200 shares
Fresh Issue Size36,67,600 shares17,61,600 shares
Fresh Issue Size (Amount)up to ₹37.78 Crup to ₹16.91 Cr
OFS Issue Size24,59,600 shares8,13,600 shares
OFS Issue Size (Amount)up to ₹25.33 Crup to ₹7.81 Cr
Issue Size Total61,27,200 shares25,75,200 shares
Issue Size Total (Amount)up to ₹63.11 Crup to ₹24.72 Cr

IPO Timetable

Pace E-Commerce Ventures IPO opens on Sep 29, 2022, while Steelman Telecom IPO opens on Sep 26, 2022. The closing date of Pace E-Commerce Ventures IPO and Steelman Telecom IPO is Oct 13, 2022, and Sep 29, 2022, respectively.

 Pace E-Commerce Ventures IPOSteelman Telecom IPO
Anchor Bid Date
Issue OpenSep 29, 2022Sep 26, 2022
Issue CloseOct 13, 2022Sep 29, 2022
Basis Of Allotment (Tentative)Oct 18, 2022Oct 07, 2022
Initiation of Refunds (Tentative)Oct 19, 2022Oct 10, 2022
Credit of Share (Tentative)Oct 20, 2022Oct 10, 2022
Listing date (Tentative)Oct 20, 2022Oct 10, 2022
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Pace E-Commerce Ventures IPO P/E ratio is 429.16, as compared to Steelman Telecom IPO P/E ratio of 23.41.

 Pace E-Commerce Ventures IPOSteelman Telecom IPO
Financials
Pace E-Commerce Ventures Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-20157.97150.420.347.246.24
31-Mar-212786.01171.897.182595.326.24
31-Mar-223241.711054.1554.122649.44817.54
Amount in ₹ Lakhs
Steelman Telecom Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-203621.768794.62-22.91985.21486.61
31-Mar-213698.449015.5137.641149.14650.54
31-Mar-224525.7610116.31396.581540.721042.12
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)91.12100
Promoter Shareholding (Post-Issue)6571.98
P/E Ratio429.1623.41
Market Cap₹232.10 Cr.₹92.89 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Pace E-Commerce Ventures IPO Retail Individual Investors (RII) are offered 30,63,600 shares while in Steelman Telecom IPO retail investors are offered 30,63,600 shares. Qualified Institutional Buyers (QIB) are offered in Pace E-Commerce Ventures IPO and in Steelman Telecom IPO.

 Pace E-Commerce Ventures IPOSteelman Telecom IPO
Anchor Investor Reserveration
Market Maker Reserveration3,32,400 shares1,35,600 shares
QIB
NII30,63,600 shares16,72,800 shares
RII30,63,600 shares9,02,400 shares
Employee
Others
Total61,27,200 shares25,75,200 shares

Bids Received (Subscription)

Pace E-Commerce Ventures IPO subscribed 1.14x in total, whereas Steelman Telecom IPO subscribed 22.40x.

 Pace E-Commerce Ventures IPOSteelman Telecom IPO
QIB (times)7.78x
NII (times)1.72x70.09x
Big NII (times)
Small NII (times)
RII (times)0.55x22.82x
Employee (times)
Other (times)
Total (times)1.14x22.40x