Comparison between Pranik Logistics IPO and Usha Financial IPO.
Pranik Logistics IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Usha Financial IPO is a SME Bookbuilding proposed to list at NSE SME.
| Pranik Logistics IPO | Usha Financial IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Narnolia Financial Services Ltd. | Unistone Capital Pvt.Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Prabhat Financial Services Ltd. | SS Corporate Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Pranik Logistics IPO is up to ₹21.23 Cr whereas the issue size of the Usha Financial IPO is up to ₹93.06 Cr. The final issue price of Pranik Logistics IPO is ₹77.00 per share and of Usha Financial IPO is ₹168.00 per share.
| Pranik Logistics IPO | Usha Financial IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹73.00 per share | ₹160.00 per share |
| Issue Price (Upper) | ₹77.00 per share | ₹168.00 per share |
| Issue Price (Final) | ₹77.00 per share | ₹168.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 800 shares |
| Fresh Issue Size | 27,56,800 shares | 55,39,200 shares |
| Fresh Issue Size (Amount) | up to ₹21.23 Cr | up to ₹93.06 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 | 27,56,800 shares | 55,39,200 shares |
| Issue Size Total (Amount) | up to ₹21.23 Cr | up to ₹93.06 Cr |
Pranik Logistics IPO opens on Oct 10, 2024, while Usha Financial IPO opens on Oct 24, 2024. The closing date of Pranik Logistics IPO and Usha Financial IPO is Oct 14, 2024, and Oct 28, 2024, respectively.
| Pranik Logistics IPO | Usha Financial IPO | |
|---|---|---|
| Anchor Bid Date | Oct 09, 2024 | Oct 23, 2024 |
| Issue Open | Oct 10, 2024 | Oct 24, 2024 |
| Issue Close | Oct 14, 2024 | Oct 28, 2024 |
| Basis Of Allotment (Tentative) | Oct 15, 2024 | Oct 29, 2024 |
| Initiation of Refunds (Tentative) | Oct 16, 2024 | Oct 30, 2024 |
| Credit of Share (Tentative) | Oct 16, 2024 | Oct 30, 2024 |
| Listing date (Tentative) | Oct 17, 2024 | Oct 31, 2024 |
| Anchor Lockin End date 1 | Nov 20, 2024 | Nov 28, 2024 |
| Anchor Lockin End date 2 | Jan 19, 2025 | Jan 27, 2025 |
Pranik Logistics IPO P/E ratio is 15.33, as compared to Usha Financial IPO P/E ratio of 19.83.
| Pranik Logistics IPO | Usha Financial IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Pranik Logistics Limited Financial Information (Restated)Pranik Logistics Limited's revenue increased by 11% and profit after tax (PAT) rose by 336% between the financial year ending with March 31, 2024 and March 31, 2023.
| Usha Financial Services Limited Financial Information (Restated)Usha Financial Services Limited's revenue increased by 38% and profit after tax (PAT) rose by 32% between the financial year ending with March 31, 2024 and March 31, 2023.
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| Promoter Shareholding (Pre-Issue) | 99.99 | 98.91 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.49 | 72.24 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 15.33 | 19.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹84.78 Cr. | ₹365.19 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 8.70% | 9.29% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 11.79% | 12.02% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.57 | 1.70 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.02 | ₹8.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 8.70% | 9.29% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Pranik Logistics IPO Retail Individual Investors (RII) are offered 9,66,400 shares while in Usha Financial IPO retail investors are offered 9,66,400 shares. Qualified Institutional Buyers (QIB) are offered 5,55,200 shares in Pranik Logistics IPO and 11,08,000 shares in Usha Financial IPO.
| Pranik Logistics IPO | Usha Financial IPO | |
|---|---|---|
| Anchor Investor Reserveration | 8,20,800 shares | 16,60,800 shares |
| Market Maker Reserveration | 1,61,600 shares | 3,20,800 shares |
| QIB | 5,55,200 shares | 11,08,000 shares |
| NII | 4,14,400 shares | 8,31,200 shares |
| RII | 9,66,400 shares | 19,39,200 shares |
| Employee | ||
| Others | ||
| Total | 27,56,800 shares | 55,39,200 shares |
Pranik Logistics IPO subscribed 218.02x in total, whereas Usha Financial IPO subscribed 19.37x.
| Pranik Logistics IPO | Usha Financial IPO | |
|---|---|---|
| QIB (times) | 35.67x | 10.04x |
| NII (times) | 744.05x | 28.55x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 97.21x | 20.76x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 218.02x | 19.37x |
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