E Factor Experiences IPO vs Plada Infotech IPO

Comparison between E Factor Experiences IPO and Plada Infotech IPO.

IPO Details

E Factor Experiences IPO is a SME Fixed Price IPO proposed to list at NSE SME while Plada Infotech IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of E Factor Experiences IPO is up to ₹24.61 Cr whereas the issue size of the Plada Infotech IPO is up to ₹11.74 Cr. The final issue price of E Factor Experiences IPO is ₹75.00 per share and of Plada Infotech IPO is ₹48.00 per share.

 E Factor Experiences IPOPlada Infotech IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹71.00 per share
Issue Price (Upper)₹75.00 per share
Issue Price (Final)₹75.00 per share₹48.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares3000 shares
Fresh Issue Size32,81,600 shares24,45,000 shares
Fresh Issue Size (Amount)up to ₹24.61 Crup to ₹11.74 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total32,81,600 shares24,45,000 shares
Issue Size Total (Amount)up to ₹24.61 Crup to ₹11.74 Cr

IPO Timetable

E Factor Experiences IPO opens on Sep 27, 2023, while Plada Infotech IPO opens on Sep 29, 2023. The closing date of E Factor Experiences IPO and Plada Infotech IPO is Oct 03, 2023, and Oct 05, 2023, respectively.

 E Factor Experiences IPOPlada Infotech IPO
Anchor Bid DateSep 26, 2023
Issue OpenSep 27, 2023Sep 29, 2023
Issue CloseOct 03, 2023Oct 05, 2023
Basis Of Allotment (Tentative)Oct 06, 2023Oct 09, 2023
Initiation of Refunds (Tentative)Oct 07, 2023Oct 10, 2023
Credit of Share (Tentative)Oct 08, 2023Oct 11, 2023
Listing date (Tentative)Oct 09, 2023Oct 13, 2023
Anchor Lockin End date 1Nov 05, 2023
Anchor Lockin End date 2Jan 04, 2024

Financials & KPIs

E Factor Experiences IPO P/E ratio is 9.59, as compared to Plada Infotech IPO P/E ratio of 12.31.

 E Factor Experiences IPOPlada Infotech IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets56.7549.1725.82
Total Income119.4557.009.91
Profit After Tax7.612.561.23
NET Worth11.023.520.97
Reserves and Surplus1.380.05-2.47
Total Borrowing9.135.916.83
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets28.1127.2027.6027.11
Total Income62.7548.8744.6150.68
Profit After Tax2.341.100.671.20
NET Worth7.535.184.083.43
Reserves and Surplus5.534.984.073.42
Total Borrowing16.5417.7219.5319.90
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.9989.50
Promoter Shareholding (Post-Issue)73.5962.64
P/E Ratio9.5912.31
Market Cap₹98.16 Cr.₹41.16 Cr.
ROE103.79%37%
ROCE54.85%21%
Debt/Equity0.832.20
EPS₹7.82₹3.90
RoNW68.35%31.07%

Shares Offered

In the E Factor Experiences IPO Retail Individual Investors (RII) are offered 11,48,800 shares while in Plada Infotech IPO retail investors are offered 11,48,800 shares. Qualified Institutional Buyers (QIB) are offered 6,56,000 shares in E Factor Experiences IPO and in Plada Infotech IPO.

 E Factor Experiences IPOPlada Infotech IPO
Anchor Investor Reservation9,84,000 shares
Market Maker Reservation1,74,400 shares1,29,000 shares
QIB6,56,000 shares
NII4,92,800 shares12,22,500 shares
RII11,48,800 shares12,22,500 shares
Employee
Others
Total32,81,600 shares24,45,000 shares

Bids Received (Subscription)

E Factor Experiences IPO subscribed 73.14x in total, whereas Plada Infotech IPO subscribed 57.85x.

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