Pelatro IPO vs Sodhani Academy of Fintech IPO

Comparison between Pelatro IPO and Sodhani Academy of Fintech IPO.

IPO Details

Pelatro IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sodhani Academy of Fintech IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Pelatro IPO is up to ₹53.17 Cr whereas the issue size of the Sodhani Academy of Fintech IPO is up to ₹5.81 Cr. The final issue price of Pelatro IPO is ₹200.00 per share and of Sodhani Academy of Fintech IPO is ₹40.00 per share.

 Pelatro IPOSodhani Academy of Fintech 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₹40.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size600 shares3000 shares
Fresh Issue Size26,58,600 shares8,92,000 shares
Fresh Issue Size (Amount)up to ₹53.17 Crup to ₹3.57 Cr
OFS Issue Size0 shares5,60,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹2.24 Cr
Issue Size Total26,58,600 shares14,52,000 shares
Issue Size Total (Amount)up to ₹53.17 Crup to ₹5.81 Cr

IPO Timetable

Pelatro IPO opens on Sep 16, 2024, while Sodhani Academy of Fintech IPO opens on Sep 12, 2024. The closing date of Pelatro IPO and Sodhani Academy of Fintech IPO is Sep 19, 2024, and Sep 17, 2024, respectively.

 Pelatro IPOSodhani Academy of Fintech IPO
Anchor Bid DateSep 13, 2024
Issue OpenSep 16, 2024Sep 12, 2024
Issue CloseSep 19, 2024Sep 17, 2024
Basis Of Allotment (Tentative)Sep 20, 2024Sep 18, 2024
Initiation of Refunds (Tentative)Sep 20, 2024Sep 19, 2024
Credit of Share (Tentative)Sep 23, 2024Sep 19, 2024
Listing date (Tentative)Sep 24, 2024Sep 23, 2024
Anchor Lockin End date 1Oct 20, 2024
Anchor Lockin End date 2Dec 19, 2024

Financials & KPIs

Pelatro IPO P/E ratio is -77.78, as compared to Sodhani Academy of Fintech IPO P/E ratio of 10.32.

 Pelatro IPOSodhani Academy of Fintech IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 2024
Assets57.81
Total Income55.37
Profit After Tax-1.96
NET Worth12.03
Reserves and Surplus5.03
Total Borrowing18.68
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets6.605.023.63
Total Income3.072.031.88
Profit After Tax1.831.391.24
NET Worth6.564.773.38
Reserves and Surplus1.843.423.11
Total Borrowing0.030.04
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)73.3199.99
Promoter Shareholding (Post-Issue)53.5973.12
P/E Ratio-77.7810.32
Market Cap₹208.13 Cr.₹22.78 Cr.
ROE-15.4827.91
ROCE3.8536.77
Debt/Equity1.55
EPS₹-2.57₹3.88
RoNW-15.4827.91

Shares Offered

In the Pelatro IPO Retail Individual Investors (RII) are offered 9,13,200 shares while in Sodhani Academy of Fintech IPO retail investors are offered 9,13,200 shares. Qualified Institutional Buyers (QIB) are offered 5,21,400 shares in Pelatro IPO and in Sodhani Academy of Fintech IPO.

 Pelatro IPOSodhani Academy of Fintech IPO
Anchor Investor Reservation7,81,800 shares
Market Maker Reservation1,40,400 shares78,000 shares
QIB5,21,400 shares
NII3,92,400 shares7,26,000 shares
RII9,13,200 shares7,26,000 shares
Employee49,800 shares
Others
Total26,58,600 shares14,52,000 shares

Bids Received (Subscription)

Pelatro IPO subscribed 21.94x in total, whereas Sodhani Academy of Fintech IPO subscribed 438.72x.

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