PRO FX Tech IPO vs Suba Hotels IPO

Comparison between PRO FX Tech IPO and Suba Hotels IPO.

IPO Details

PRO FX Tech IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Suba Hotels IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of PRO FX Tech IPO is up to ₹38.21 Cr whereas the issue size of the Suba Hotels IPO is up to ₹71.69 Cr. The final issue price of PRO FX Tech IPO is ₹87.00 per share and of Suba Hotels IPO is ₹111.00 per share.

 PRO FX Tech IPOSuba Hotels IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹82.00 per share₹105.00 per share
Issue Price (Upper)₹87.00 per share₹111.00 per share
Issue Price (Final)₹87.00 per share₹111.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1600 shares1200 shares
Fresh Issue Size43,92,000 shares64,58,400 shares
Fresh Issue Size (Amount)up to ₹38.21 Crup to ₹71.69 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total43,92,000 shares64,58,400 shares
Issue Size Total (Amount)up to ₹38.21 Crup to ₹71.69 Cr

IPO Timetable

PRO FX Tech IPO opens on Jun 26, 2025, while Suba Hotels IPO opens on Sep 29, 2025. The closing date of PRO FX Tech IPO and Suba Hotels IPO is Jun 30, 2025, and Oct 01, 2025, respectively.

 PRO FX Tech IPOSuba Hotels IPO
Anchor Bid DateJun 25, 2025Sep 26, 2025
Issue OpenJun 26, 2025Sep 29, 2025
Issue CloseJun 30, 2025Oct 01, 2025
Basis Of Allotment (Tentative)Jul 01, 2025Oct 03, 2025
Initiation of Refunds (Tentative)Jul 02, 2025Oct 06, 2025
Credit of Share (Tentative)Jul 02, 2025Oct 06, 2025
Listing date (Tentative)Jul 03, 2025Oct 07, 2025
Anchor Lockin End date 1Jul 31, 2025Nov 01, 2025
Anchor Lockin End date 2Sep 29, 2025Dec 31, 2025

Financials & KPIs

PRO FX Tech IPO P/E ratio is 9.15, as compared to Suba Hotels IPO P/E ratio of 12.78.

 PRO FX Tech IPOSuba Hotels IPO
Financials

Company Financials (Restated Consolidated)

PRO FX Tech Ltd.'s revenue increased by 17% and profit after tax (PAT) rose by 30% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 202331 Mar 2022
Assets66.1546.4137.5032.95
Total Income130.05110.9496.2686.25
Profit After Tax12.249.446.354.28
EBITDA17.0614.3710.107.36
NET Worth36.9124.7215.378.23
Reserves and Surplus24.5612.3315.759.40
Total Borrowing2.053.820.621.55
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Suba Hotels Ltd.'s revenue increased by 51% and profit after tax (PAT) rose by 69% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets123.04100.0785.23
Total Income79.9853.0035.20
Profit After Tax15.158.962.78
EBITDA23.278.7513.87
NET Worth47.6132.3323.46
Reserves and Surplus30.1727.5718.70
Total Borrowing50.2345.7346.09
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)68.484.69
Promoter Shareholding (Post-Issue)50.360.93
P/E Ratio9.1512.78
Market Cap₹152.28 Cr.₹269.09 Cr.
ROE39.7131.82
ROCE45.5535.55
Debt/Equity0.061.06
EPS₹9.51₹8.69
RoNW33.1531.82

Shares Offered

In the PRO FX Tech IPO Retail Individual Investors (RII) are offered 15,37,600 shares while in Suba Hotels IPO retail investors are offered 15,37,600 shares. Qualified Institutional Buyers (QIB) are offered 8,78,400 shares in PRO FX Tech IPO and 12,96,000 shares in Suba Hotels IPO.

 PRO FX Tech IPOSuba Hotels IPO
Anchor Investor Reservation13,16,800 shares19,17,600 shares
Market Maker Reservation2,40,000 shares3,40,800 shares
QIB8,78,400 shares12,96,000 shares
NII6,59,200 shares9,72,000 shares
RII15,37,600 shares22,72,800 shares
Employee0 shares
Others
Total43,92,000 shares64,58,400 shares

Bids Received (Subscription)

PRO FX Tech IPO subscribed 25.42x in total, whereas Suba Hotels IPO subscribed 15.33x.

 PRO FX Tech IPOSuba Hotels IPO
QIB (times)22.03x20.98x
NII (times)56.36x22.41x
Big NII (times)27.28x
Small NII (times)12.68x
RII (times)14.09x9.07x
Employee (times)
Other (times)
Total (times)25.42x15.33x

Compare with others

Compare:

PRO FX Tech IPO Vs Suba Hotels IPO