Comparison between Proventus Agrocom IPO and Spectrum Talent Management IPO.
Proventus Agrocom IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Spectrum Talent Management IPO is a SME Bookbuilding proposed to list at NSE SME.
| Proventus Agrocom IPO | Spectrum Talent Management IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Sundae Capital Advisors Pvt.Ltd. | Sarthi Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Ajcon Global Services Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Proventus Agrocom IPO is up to ₹66.06 Cr whereas the issue size of the Spectrum Talent Management IPO is up to ₹99.88 Cr. The final issue price of Proventus Agrocom IPO is ₹771.00 per share and of Spectrum Talent Management IPO is ₹173.00 per share.
| Proventus Agrocom IPO | Spectrum Talent Management IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹169.00 per share | |
| Issue Price (Upper) | ₹173.00 per share | |
| Issue Price (Final) | ₹771.00 per share | ₹173.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 160 shares | 800 shares |
| Fresh Issue Size | 6,26,653 shares | 48,81,600 shares |
| Fresh Issue Size (Amount) | up to ₹48.31 Cr | up to ₹84.45 Cr |
| OFS Issue Size | 2,30,147 shares | 8,92,000 shares |
| OFS Issue Size (Amount) | up to ₹17.74 Cr | up to ₹15.43 Cr |
| Issue Size Total | 8,56,800 shares | 57,73,600 shares |
| Issue Size Total (Amount) | up to ₹66.06 Cr | up to ₹99.88 Cr |
Proventus Agrocom IPO opens on May 24, 2023, while Spectrum Talent Management IPO opens on Jun 09, 2023. The closing date of Proventus Agrocom IPO and Spectrum Talent Management IPO is May 26, 2023, and Jun 14, 2023, respectively.
| Proventus Agrocom IPO | Spectrum Talent Management IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | May 24, 2023 | Jun 09, 2023 |
| Issue Close | May 26, 2023 | Jun 14, 2023 |
| Basis Of Allotment (Tentative) | May 31, 2023 | Jun 19, 2023 |
| Initiation of Refunds (Tentative) | Jun 01, 2023 | Jun 20, 2023 |
| Credit of Share (Tentative) | Jun 02, 2023 | Jun 21, 2023 |
| Listing date (Tentative) | Jun 05, 2023 | Jun 22, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Proventus Agrocom IPO P/E ratio is 186.23, as compared to Spectrum Talent Management IPO P/E ratio of 15.
| Proventus Agrocom IPO | Spectrum Talent Management IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 92.29 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 70.84 | 72.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 186.23 | 15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹264.27 Cr. | ₹89.71 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 2 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 4 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.56 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.14 | ₹10.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 1.91 | 42.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Proventus Agrocom IPO Retail Individual Investors (RII) are offered 4,28,450 shares while in Spectrum Talent Management IPO retail investors are offered 4,28,450 shares. Qualified Institutional Buyers (QIB) are offered in Proventus Agrocom IPO and 5,76,000 shares in Spectrum Talent Management IPO.
| Proventus Agrocom IPO | Spectrum Talent Management IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 45,120 shares | 3,04,000 shares |
| QIB | 5,76,000 shares | |
| NII | 4,28,450 shares | 25,98,400 shares |
| RII | 4,28,450 shares | 25,99,200 shares |
| Employee | ||
| Others | ||
| Total | 8,56,900 shares | 57,73,600 shares |
Proventus Agrocom IPO subscribed 2.70x in total, whereas Spectrum Talent Management IPO subscribed 12.27x.
| Proventus Agrocom IPO | Spectrum Talent Management IPO | |
|---|---|---|
| QIB (times) | 11.21x | |
| NII (times) | 4.65x | 11.68x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.74x | 13.10x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.70x | 12.27x |
