Comparison between Innomet Advanced Materials IPO and Popular Foundations IPO.
Innomet Advanced Materials 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.
| Innomet Advanced Materials IPO | Popular Foundations IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Expert Global Consultants Pvt.Ltd. | Srujan Alpha Capital Advisors LLP |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Prabhat Financial Services Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Innomet Advanced Materials IPO is up to ₹32.52 Cr whereas the issue size of the Popular Foundations IPO is up to ₹18.87 Cr. The final issue price of Innomet Advanced Materials IPO is ₹100.00 per share and of Popular Foundations IPO is ₹37.00 per share.
| Innomet Advanced Materials IPO | Popular Foundations IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹100.00 per share | ₹37.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 3000 shares |
| Fresh Issue Size | 32,52,000 shares | 51,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹32.52 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 | 32,52,000 shares | 51,00,000 shares |
| Issue Size Total (Amount) | up to ₹32.52 Cr | up to ₹18.87 Cr |
Innomet Advanced Materials IPO opens on Sep 11, 2024, while Popular Foundations IPO opens on Sep 13, 2024. The closing date of Innomet Advanced Materials IPO and Popular Foundations IPO is Sep 13, 2024, and Sep 19, 2024, respectively.
| Innomet Advanced Materials IPO | Popular Foundations IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 11, 2024 | Sep 13, 2024 |
| Issue Close | Sep 13, 2024 | Sep 19, 2024 |
| Basis Of Allotment (Tentative) | Sep 16, 2024 | Sep 20, 2024 |
| Initiation of Refunds (Tentative) | Sep 17, 2024 | Sep 23, 2024 |
| Credit of Share (Tentative) | Sep 17, 2024 | Sep 23, 2024 |
| Listing date (Tentative) | Sep 18, 2024 | Sep 24, 2024 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Innomet Advanced Materials IPO P/E ratio is 37.78, as compared to Popular Foundations IPO P/E ratio of 15.97.
| Innomet Advanced Materials IPO | Popular Foundations IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Innomet Advanced Materials Limited Financial Information (Restated)Innomet Advanced Materials Limited's revenue increased by 9% and profit after tax (PAT) dropped by -22% between the financial year ending with March 31, 2024 and March 31, 2023.
| 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.
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| Promoter Shareholding (Pre-Issue) | 74.52 | 83.36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 54.80 | 61.39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 37.78 | 15.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹129.40 Cr. | ₹75.40 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 21.37% | 23.17% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 16.27% | 22.77% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.27 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.65 | ₹2.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 17.11% | 15.03% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Innomet Advanced Materials IPO Retail Individual Investors (RII) are offered 16,26,000 shares while in Popular Foundations IPO retail investors are offered 16,26,000 shares. Qualified Institutional Buyers (QIB) are offered in Innomet Advanced Materials IPO and in Popular Foundations IPO.
| Innomet Advanced Materials IPO | Popular Foundations IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 1,71,600 shares | 2,70,000 shares |
| QIB | ||
| NII | 16,26,000 shares | 25,50,000 shares |
| RII | 16,26,000 shares | 25,50,000 shares |
| Employee | ||
| Others | ||
| Total | 32,52,000 shares | 51,00,000 shares |
Innomet Advanced Materials IPO subscribed 323.92x in total, whereas Popular Foundations IPO subscribed 9.21x.
| Innomet Advanced Materials IPO | Popular Foundations IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 367.77x | 3.54x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 226.97x | 14.89x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 323.92x | 9.21x |
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