Comparison between Pelatro IPO and Popular Foundations IPO.
Pelatro IPO is a SME Fixed Price IPO proposed to list at NSE SME while Popular Foundations IPO is a SME Fixed Price proposed to list at BSE SME.
| Pelatro IPO | Popular Foundations IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Cumulative Capital Pvt.Ltd. | Srujan Alpha Capital Advisors LLP |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Shree Bahubali Stock Broking Ltd. | Spread X Securities Pvt.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 Pelatro IPO is up to ₹53.17 Cr whereas the issue size of the Popular Foundations IPO is up to ₹18.87 Cr. The final issue price of Pelatro IPO is ₹200.00 per share and of Popular Foundations IPO is ₹37.00 per share.
| Pelatro IPO | Popular Foundations IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹190.00 per share | |
| Issue Price (Upper) | ₹200.00 per share | |
| Issue Price (Final) | ₹200.00 per share | ₹37.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 600 shares | 3000 shares |
| Fresh Issue Size | 26,58,600 shares | 51,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹53.17 Cr | up to ₹18.87 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 | 26,58,600 shares | 51,00,000 shares |
| Issue Size Total (Amount) | up to ₹53.17 Cr | up to ₹18.87 Cr |
Pelatro IPO opens on Sep 16, 2024, while Popular Foundations IPO opens on Sep 13, 2024. The closing date of Pelatro IPO and Popular Foundations IPO is Sep 19, 2024, and Sep 19, 2024, respectively.
| Pelatro IPO | Popular Foundations IPO | |
|---|---|---|
| Anchor Bid Date | Sep 13, 2024 | |
| Issue Open | Sep 16, 2024 | Sep 13, 2024 |
| Issue Close | Sep 19, 2024 | Sep 19, 2024 |
| Basis Of Allotment (Tentative) | Sep 20, 2024 | Sep 20, 2024 |
| Initiation of Refunds (Tentative) | Sep 20, 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 | |
| Anchor Lockin End date 2 | Dec 19, 2024 |
Pelatro IPO P/E ratio is -77.78, as compared to Popular Foundations IPO P/E ratio of 15.97.
| Pelatro IPO | Popular Foundations IPO | |||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Pelatro Limited Financial Information (Restated Consolidated)
| Popular Foundations Limited Financial Information (Restated)Popular Foundations Limited's revenue increased by 7% and profit after tax (PAT) rose by 191% between the financial year ending with March 31, 2024 and March 31, 2023.
| ||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 73.31 | 83.36 | ||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 53.59 | 61.39 | ||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | -77.78 | 15.97 | ||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹208.13 Cr. | ₹75.40 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | -15.48% | 23.17% | ||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 3.85% | 22.77% | ||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.55 | |||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹-2.57 | ₹2.32 | ||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | -15.48% | 15.03% | ||||||||||||||||||||||||||||||||||||||||||||||||
In the Pelatro IPO Retail Individual Investors (RII) are offered 9,13,200 shares while in Popular Foundations IPO retail investors are offered 9,13,200 shares. Qualified Institutional Buyers (QIB) are offered 5,21,400 shares in Pelatro IPO and in Popular Foundations IPO.
| Pelatro IPO | Popular Foundations IPO | |
|---|---|---|
| Anchor Investor Reserveration | 7,81,800 shares | |
| Market Maker Reserveration | 1,40,400 shares | 2,70,000 shares |
| QIB | 5,21,400 shares | |
| NII | 3,92,400 shares | 25,50,000 shares |
| RII | 9,13,200 shares | 25,50,000 shares |
| Employee | 49,800 shares | |
| Others | ||
| Total | 26,58,600 shares | 51,00,000 shares |
Pelatro IPO subscribed 21.94x in total, whereas Popular Foundations IPO subscribed 9.21x.
| Pelatro IPO | Popular Foundations IPO | |
|---|---|---|
| QIB (times) | 15.22x | |
| NII (times) | 55.31x | 3.54x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 12.58x | 14.89x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 21.94x | 9.21x |
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