Party Cruisers IPO vs Pavna Industries IPO

Comparison between Party Cruisers IPO and Pavna Industries IPO.

IPO Details

Party Cruisers IPO is a SME Fixed Price IPO proposed to list at NSE SME while Pavna Industries IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Party Cruisers IPO is up to ₹7.36 Cr whereas the issue size of the Pavna Industries IPO is up to ₹28.12 Cr. The final issue price of Party Cruisers IPO is ₹51.00 per share and of Pavna Industries IPO is ₹165.00 per share.

 Party Cruisers IPOPavna Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹51.00 per share₹165.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares800 shares
Fresh Issue Size14,44,000 shares8,06,400 shares
Fresh Issue Size (Amount)up to ₹7.36 Crup to ₹13.31 Cr
OFS Issue Size0 shares8,97,600 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹14.81 Cr
Issue Size Total14,44,000 shares17,04,000 shares
Issue Size Total (Amount)up to ₹7.36 Crup to ₹28.12 Cr

IPO Timetable

Party Cruisers IPO opens on Feb 22, 2021, while Pavna Industries IPO opens on Feb 24, 2021. The closing date of Party Cruisers IPO and Pavna Industries IPO is Feb 25, 2021, and Mar 01, 2021, respectively.

 Party Cruisers IPOPavna Industries IPO
Issue OpenFeb 22, 2021Feb 24, 2021
Issue CloseFeb 25, 2021Mar 01, 2021
Basis Of Allotment (Tentative)Mar 02, 2021Mar 04, 2021
Initiation of Refunds (Tentative)Mar 03, 2021Mar 05, 2021
Credit of Share (Tentative)Mar 04, 2021Mar 08, 2021
Listing date (Tentative)Mar 05, 2021Mar 09, 2021

Financials & KPIs

Party Cruisers IPO P/E ratio is , as compared to Pavna Industries IPO P/E ratio of .

 Party Cruisers IPOPavna Industries IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202031 Mar 202031 Mar 201931 Mar 2018
Assets11.6912.2811.9410.14
Total Income1.7115.8918.8815.36
Profit After Tax0.151.301.931.48
NET Worth9.499.268.076.13
Reserves and Surplus5.415.184.026.08
Total Borrowing0.821.010.330.50
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Sep 202031 Mar 202031 Mar 201931 Mar 2018
Assets107.7894.3663.5445.76
Total Income51.72136.31137.98106.78
Profit After Tax0.274.085.863.24
EBITDA4.3713.1812.038.75
NET Worth25.7025.4321.3415.48
Reserves and Surplus20.5122.8318.7512.89
Total Borrowing49.2441.2619.4618.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%99.99%
Promoter Shareholding (Post-Issue)72.86%70.45%
Market Cap₹28.56 Cr.₹100.49 Cr.

Shares Offered

In the Party Cruisers IPO Retail Individual Investors (RII) are offered 7,22,000 shares while in Pavna Industries IPO retail investors are offered 7,22,000 shares. Qualified Institutional Buyers (QIB) are offered in Party Cruisers IPO and in Pavna Industries IPO.

 Party Cruisers IPOPavna Industries IPO
Market Maker Reservation76,000 shares96,000 shares
NII7,22,000 shares8,52,000 shares
RII7,22,000 shares8,52,000 shares
Total14,44,000 shares17,04,000 shares

Bids Received (Subscription)

Party Cruisers IPO subscribed 1.30x in total, whereas Pavna Industries IPO subscribed 1.44x.

 Party Cruisers IPOPavna Industries IPO
NII (times)0.34x1.80x
RII (times)2.26x1.07x
Total (times)1.30x1.44x

Compare with others

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Party Cruisers IPO Vs Pavna Industries IPO