Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Owais Metal IPO vs Pune E-Stock Broking IPO

Comparison between Owais Metal IPO and Pune E-Stock Broking IPO.

IPO Details

Owais Metal IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Pune E-Stock Broking IPO is a SME Bookbuilding proposed to list at BSE SME.

 Owais Metal IPOPune E-Stock Broking IPO
LogoOwais Metal IPO LogoPune E-Stock Broking IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMEBSE SME
Lead ManagersGretex Corporate Services Ltd.Share India Capital Services Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerGretex Share Broking Pvt.Ltd.Share India Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Owais Metal IPO is up to ₹39.70 Cr whereas the issue size of the Pune E-Stock Broking IPO is up to ₹32.50 Cr. The final issue price of Owais Metal IPO is ₹87.00 per share and of Pune E-Stock Broking IPO is ₹83.00 per share.

 Owais Metal IPOPune E-Stock Broking IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹83.00 per share₹78.00 per share
Issue Price (Upper)₹87.00 per share₹83.00 per share
Issue Price (Final)₹87.00 per share₹83.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1600 shares
Fresh Issue Size45,63,200 shares39,15,200 shares
Fresh Issue Size (Amount)up to ₹39.70 Crup to ₹32.50 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total45,63,200 shares39,15,200 shares
Issue Size Total (Amount)up to ₹39.70 Crup to ₹32.50 Cr

IPO Timetable

Owais Metal IPO opens on Feb 26, 2024, while Pune E-Stock Broking IPO opens on Mar 07, 2024. The closing date of Owais Metal IPO and Pune E-Stock Broking IPO is Feb 28, 2024, and Mar 12, 2024, respectively.

 Owais Metal IPOPune E-Stock Broking IPO
Anchor Bid DateFeb 23, 2024Mar 06, 2024
Issue OpenFeb 26, 2024Mar 07, 2024
Issue CloseFeb 28, 2024Mar 12, 2024
Basis Of Allotment (Tentative)Feb 29, 2024Mar 13, 2024
Initiation of Refunds (Tentative)Mar 01, 2024Mar 14, 2024
Credit of Share (Tentative)Mar 01, 2024Mar 14, 2024
Listing date (Tentative)Mar 04, 2024Mar 15, 2024
Anchor Lockin End date 1Mar 30, 2024Apr 12, 2024
Anchor Lockin End date 2May 29, 2024Jun 11, 2024

Financials & KPIs

Owais Metal IPO P/E ratio is 21.35, as compared to Pune E-Stock Broking IPO P/E ratio of 9.5.

 Owais Metal IPOPune E-Stock Broking IPO
Financials

Owais Metal and Mineral Processing Limited Financial Information (Restated)

Period Ended31 Dec 202331 Mar 2023
Assets5,164.23379.62
Total Income3,977.54
Profit After Tax765.47-12.72
Net Worth2,122.7757.28
Reserves and Surplus795.2544.28
Total Borrowing1,350.59321.29
Amount in ₹ Lakhs

Pune E-Stock Broking Limited Financial Information (Restated Consolidated)

Pune E-Stock Broking Limited's revenue decreased by -12.06% and profit after tax (PAT) dropped by -4.69% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets22,224.7615,801.0016,314.2413,288.68
Total Income3,010.804,103.104,665.703,474.64
Profit After Tax610.67964.521,012.03650.48
Net Worth8,259.667,654.666,754.555,806.65
Reserves and Surplus7,155.226,918.366,018.265,070.35
Total Borrowing826.191,853.741,640.171,195.00
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.0072.75
Promoter Shareholding (Post-Issue)73.0151.34
P/E Ratio21.359.5
Market Cap₹158.19 Cr.₹129.90 Cr.
ROE-5.35%7.30%
ROCE8.25%
Debt/Equity5.61
EPS₹4.08₹8.73
RoNW-22.22%7.39%

Shares Offered

In the Owais Metal IPO Retail Individual Investors (RII) are offered 15,98,400 shares while in Pune E-Stock Broking IPO retail investors are offered 15,98,400 shares. Qualified Institutional Buyers (QIB) are offered 9,12,000 shares in Owais Metal IPO and 7,82,400 shares in Pune E-Stock Broking IPO.

 Owais Metal IPOPune E-Stock Broking IPO
Anchor Investor Reserveration13,68,000 shares11,72,800 shares
Market Maker Reserveration3,44,000 shares6,91,200 shares
QIB9,12,000 shares7,82,400 shares
NII6,84,800 shares5,88,800 shares
RII15,98,400 shares13,71,200 shares
Employee
Others
Total45,63,200 shares39,15,200 shares

Bids Received (Subscription)

Owais Metal IPO subscribed 221.18x in total, whereas Pune E-Stock Broking IPO subscribed 371.16x.

 Owais Metal IPOPune E-Stock Broking IPO
QIB (times)92.06x123.02x
NII (times)329.36x775.99x
Big NII (times)
Small NII (times)
RII (times)248.50x338.92x
Employee (times)
Other (times)
Total (times)221.18x371.16x