Pratham EPC Projects IPO vs Pune E-Stock Broking IPO

Comparison between Pratham EPC Projects IPO and Pune E-Stock Broking IPO.

IPO Details

Pratham EPC Projects 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.

	Pratham EPC Projects IPO	Pune E-Stock Broking IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	BSE SME
Lead Managers	Beeline Capital Advisors Pvt.Ltd.	Share India Capital Services Pvt.Ltd.
Registrar	MUFG Intime India Pvt.Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	Spread X Securities Pvt.Ltd.	Share India Securities Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Pratham EPC Projects IPO is up to ₹34.20 Cr whereas the issue size of the Pune E-Stock Broking IPO is up to ₹32.50 Cr. The final issue price of Pratham EPC Projects IPO is ₹75.00 per share and of Pune E-Stock Broking IPO is ₹83.00 per share.

	Pratham EPC Projects IPO	Pune E-Stock Broking IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹71.00 per share	₹78.00 per share
Issue Price (Upper)	₹75.00 per share	₹83.00 per share
Issue Price (Final)	₹75.00 per share	₹83.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1600 shares	1600 shares
Fresh Issue Size	45,60,000 shares	39,15,200 shares
Fresh Issue Size (Amount)	up to ₹34.20 Cr	up to ₹32.50 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	45,60,000 shares	39,15,200 shares
Issue Size Total (Amount)	up to ₹34.20 Cr	up to ₹32.50 Cr

IPO Timetable

Pratham EPC Projects IPO opens on Mar 11, 2024, while Pune E-Stock Broking IPO opens on Mar 07, 2024. The closing date of Pratham EPC Projects IPO and Pune E-Stock Broking IPO is Mar 13, 2024, and Mar 12, 2024, respectively.

	Pratham EPC Projects IPO	Pune E-Stock Broking IPO
Anchor Bid Date	Mar 07, 2024	Mar 06, 2024
Issue Open	Mar 11, 2024	Mar 07, 2024
Issue Close	Mar 13, 2024	Mar 12, 2024
Basis Of Allotment (Tentative)	Mar 14, 2024	Mar 13, 2024
Initiation of Refunds (Tentative)	Mar 15, 2024	Mar 14, 2024
Credit of Share (Tentative)	Mar 15, 2024	Mar 14, 2024
Listing date (Tentative)	Mar 18, 2024	Mar 15, 2024
Anchor Lockin End date 1	Apr 13, 2024	Apr 12, 2024
Anchor Lockin End date 2	Jun 12, 2024	Jun 11, 2024

Financials & KPIs

Pratham EPC Projects IPO P/E ratio is 12.72, as compared to Pune E-Stock Broking IPO P/E ratio of 9.5.

Pratham EPC Projects IPO

Pune E-Stock Broking IPO

Financials

Pratham EPC Projects Limited Financial Information (Restated Standalone)

Pratham EPC Projects Limited's revenue increased by 2.07% and profit after tax (PAT) rose by 73.14% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	4,643.75	4,849.75	2,850.17	2,041.93
Total Income	3,581.37	5,167.29	5,062.66	3,085.03
Profit After Tax	523.41	764.12	441.32	112.85
Net Worth	2,321.26	1,797.86	1,033.73	592.41
Reserves and Surplus	1,025.26	1,716.86	952.73	511.41
Total Borrowing	952.27	1,418.83	246.26	199.48
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 Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	22,224.76	15,801.00	16,314.24	13,288.68
Total Income	3,010.80	4,103.10	4,665.70	3,474.64
Profit After Tax	610.67	964.52	1,012.03	650.48
Net Worth	8,259.66	7,654.66	6,754.55	5,806.65
Reserves and Surplus	7,155.22	6,918.36	6,018.26	5,070.35
Total Borrowing	826.19	1,853.74	1,640.17	1,195.00
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00

72.75

Promoter Shareholding (Post-Issue)

72.97

51.34

P/E Ratio

12.72

9.5

Market Cap

₹133.20 Cr.

₹129.90 Cr.

ROE

45.10

7.30%

ROCE

24.81

8.25%

Debt/Equity

EPS

₹5.90

₹8.73

RoNW

22.55

7.39%

Shares Offered

In the Pratham EPC Projects IPO Retail Individual Investors (RII) are offered 15,96,800 shares while in Pune E-Stock Broking IPO retail investors are offered 15,96,800 shares. Qualified Institutional Buyers (QIB) are offered 9,12,000 shares in Pratham EPC Projects IPO and 7,82,400 shares in Pune E-Stock Broking IPO.

	Pratham EPC Projects IPO	Pune E-Stock Broking IPO
Anchor Investor Reserveration	13,66,400 shares	11,72,800 shares
Market Maker Reserveration	2,40,000 shares	6,91,200 shares
QIB	9,12,000 shares	7,82,400 shares
NII	6,84,800 shares	5,88,800 shares
RII	15,96,800 shares	13,71,200 shares
Employee
Others
Total	45,60,000 shares	39,15,200 shares

Bids Received (Subscription)

Pratham EPC Projects IPO subscribed 178.54x in total, whereas Pune E-Stock Broking IPO subscribed 371.16x.

	Pratham EPC Projects IPO	Pune E-Stock Broking IPO
QIB (times)	70.28x	123.02x
NII (times)	320.53x	775.99x
Big NII (times)
Small NII (times)
RII (times)	179.48x	338.92x
Employee (times)
Other (times)
Total (times)	178.54x	371.16x

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