Comparison between Bikewo Green Tech IPO and Paramount Speciality Forgings IPO.
Bikewo Green Tech IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Paramount Speciality Forgings IPO is a SME Bookbuilding proposed to list at NSE SME.
| Bikewo Green Tech IPO | Paramount Speciality Forgings 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. | Swaraj shares & securities Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | Aftertrade Broking Pvt.Ltd. | Shreni Shares 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 Paramount Speciality Forgings IPO is up to ₹30.72 Cr. The final issue price of Bikewo Green Tech IPO is ₹62.00 per share and of Paramount Speciality Forgings IPO is ₹59.00 per share.
| Bikewo Green Tech IPO | Paramount Speciality Forgings IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹59.00 per share | ₹57.00 per share |
| Issue Price (Upper) | ₹62.00 per share | ₹59.00 per share |
| Issue Price (Final) | ₹62.00 per share | ₹59.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 2000 shares |
| Fresh Issue Size | 36,90,000 shares | 45,26,000 shares |
| Fresh Issue Size (Amount) | up to ₹22.88 Cr | up to ₹26.70 Cr |
| OFS Issue Size | 0 shares | 6,80,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹4.01 Cr |
| Issue Size Total | 36,90,000 shares | 52,06,000 shares |
| Issue Size Total (Amount) | up to ₹22.88 Cr | up to ₹30.72 Cr |
Bikewo Green Tech IPO opens on Sep 20, 2024, while Paramount Speciality Forgings IPO opens on Sep 17, 2024. The closing date of Bikewo Green Tech IPO and Paramount Speciality Forgings IPO is Sep 24, 2024, and Sep 20, 2024, respectively.
| Bikewo Green Tech IPO | Paramount Speciality Forgings IPO | |
|---|---|---|
| Anchor Bid Date | Sep 16, 2024 | |
| Issue Open | Sep 20, 2024 | Sep 17, 2024 |
| Issue Close | Sep 24, 2024 | Sep 20, 2024 |
| Basis Of Allotment (Tentative) | Sep 25, 2024 | Sep 23, 2024 |
| Initiation of Refunds (Tentative) | Sep 26, 2024 | Sep 24, 2024 |
| Credit of Share (Tentative) | Sep 26, 2024 | Sep 24, 2024 |
| Listing date (Tentative) | Sep 27, 2024 | Sep 25, 2024 |
| Anchor Lockin End date 1 | Oct 22, 2024 | |
| Anchor Lockin End date 2 | Dec 21, 2024 |
Bikewo Green Tech IPO P/E ratio is 33.95, as compared to Paramount Speciality Forgings IPO P/E ratio of 12.1.
| Bikewo Green Tech IPO | Paramount Speciality Forgings 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.
| Paramount Speciality Forgings Limited Financial Information (Restated)Paramount Speciality Forgings Limited's revenue increased by 1% and profit after tax (PAT) rose by 163% between the financial year ending with March 31, 2024 and March 31, 2023.
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| Promoter Shareholding (Pre-Issue) | 89.00 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62.48 | 72.15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 33.95 | 12.1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹80.87 Cr. | ₹116.12 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 13.94% | 32% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 10.87% | 40% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.09 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.83 | ₹4.87 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 13.94% | 31.65% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Bikewo Green Tech IPO Retail Individual Investors (RII) are offered 17,52,000 shares while in Paramount Speciality Forgings 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 10,40,000 shares in Paramount Speciality Forgings IPO.
| Bikewo Green Tech IPO | Paramount Speciality Forgings IPO | |
|---|---|---|
| Anchor Investor Reserveration | 15,60,000 shares | |
| Market Maker Reserveration | 1,96,000 shares | 2,76,000 shares |
| QIB | 1,86,000 shares | 10,40,000 shares |
| NII | 17,52,000 shares | 7,82,000 shares |
| RII | 17,52,000 shares | 18,24,000 shares |
| Employee | ||
| Others | ||
| Total | 36,90,000 shares | 52,06,000 shares |
Bikewo Green Tech IPO subscribed 41.82x in total, whereas Paramount Speciality Forgings IPO subscribed 73.88x.
| Bikewo Green Tech IPO | Paramount Speciality Forgings IPO | |
|---|---|---|
| QIB (times) | 43.03x | 20.88x |
| NII (times) | 22.48x | 220.24x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 61.04x | 41.35x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 41.82x | 73.88x |
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