Comparison between Popular Foundations IPO and SD Retail IPO.
Popular Foundations IPO is a SME Bookbuilding IPO proposed to list at BSE SME while SD Retail IPO is a SME Bookbuilding proposed to list at NSE SME.
| Popular Foundations IPO | SD Retail IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Srujan Alpha Capital Advisors LLP | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Spread X Securities Pvt.Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Popular Foundations IPO is up to ₹18.87 Cr whereas the issue size of the SD Retail IPO is up to ₹61.70 Cr. The final issue price of Popular Foundations IPO is ₹37.00 per share and of SD Retail IPO is ₹131.00 per share.
| Popular Foundations IPO | SD Retail IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹124.00 per share | |
| Issue Price (Upper) | ₹131.00 per share | |
| Issue Price (Final) | ₹37.00 per share | ₹131.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1000 shares |
| Fresh Issue Size | 51,00,000 shares | 47,10,000 shares |
| Fresh Issue Size (Amount) | up to ₹18.87 Cr | up to ₹61.70 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 | 51,00,000 shares | 47,10,000 shares |
| Issue Size Total (Amount) | up to ₹18.87 Cr | up to ₹61.70 Cr |
Popular Foundations IPO opens on Sep 13, 2024, while SD Retail IPO opens on Sep 20, 2024. The closing date of Popular Foundations IPO and SD Retail IPO is Sep 19, 2024, and Sep 24, 2024, respectively.
| Popular Foundations IPO | SD Retail IPO | |
|---|---|---|
| Anchor Bid Date | Sep 19, 2024 | |
| Issue Open | Sep 13, 2024 | Sep 20, 2024 |
| Issue Close | Sep 19, 2024 | Sep 24, 2024 |
| Basis Of Allotment (Tentative) | Sep 20, 2024 | Sep 25, 2024 |
| Initiation of Refunds (Tentative) | Sep 23, 2024 | Sep 26, 2024 |
| Credit of Share (Tentative) | Sep 23, 2024 | Sep 26, 2024 |
| Listing date (Tentative) | Sep 24, 2024 | Sep 27, 2024 |
| Anchor Lockin End date 1 | Oct 24, 2024 | |
| Anchor Lockin End date 2 | Dec 23, 2024 |
Popular Foundations IPO P/E ratio is 15.97, as compared to SD Retail IPO P/E ratio of 23.73.
| Popular Foundations IPO | SD Retail IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 83.36 | 88.82 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 61.39 | 65.29 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 15.97 | 23.73 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹75.40 Cr. | ₹245.26 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 23.17 | 6.29 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 22.77 | 15.61 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.04 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.32 | ₹5.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 15.03 | 18.18 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Popular Foundations IPO Retail Individual Investors (RII) are offered 25,50,000 shares while in SD Retail IPO retail investors are offered 25,50,000 shares. Qualified Institutional Buyers (QIB) are offered in Popular Foundations IPO and 9,42,000 shares in SD Retail IPO.
| Popular Foundations IPO | SD Retail IPO | |
|---|---|---|
| Anchor Investor Reservation | 14,12,000 shares | |
| Market Maker Reservation | 2,70,000 shares | 2,50,000 shares |
| QIB | 9,42,000 shares | |
| NII | 25,50,000 shares | 7,07,000 shares |
| RII | 25,50,000 shares | 16,49,000 shares |
| Employee | ||
| Others | ||
| Total | 51,00,000 shares | 47,10,000 shares |
Popular Foundations IPO subscribed 9.21x in total, whereas SD Retail IPO subscribed 67.98x.
| Popular Foundations IPO | SD Retail IPO | |
|---|---|---|
| QIB (times) | 69.84x | |
| NII (times) | 3.54x | 207.62x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 14.89x | 65.25x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 9.21x | 67.98x |
