Comparison between Apex Ecotech IPO and Purple United Sales IPO.
Apex Ecotech IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Purple United Sales IPO is a SME Bookbuilding proposed to list at NSE SME.
| Apex Ecotech IPO | Purple United Sales IPO | |
|---|---|---|
| Logo | ![]() | ![]() |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Share India Capital Services Pvt.Ltd. | Expert Global Consultants Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Kfin Technologies Ltd. |
| Market Maker | Share India Securities Ltd. | Prabhat Financial Services Ltd. |
| DRHP | DRHP ![]() | DRHP ![]() |
| RHP | RHP ![]() | RHP ![]() |
| Final Prospectus | Final Prospectus ![]() | Final Prospectus ![]() |
| Anchor Investor | Anchor Investor ![]() | Anchor Investor ![]() |
| IPO Allotment URL | IPO Allotment URL ![]() | IPO Allotment URL ![]() |
The total issue size of Apex Ecotech IPO is up to ₹24.08 Cr whereas the issue size of the Purple United Sales IPO is up to ₹31.16 Cr. The final issue price of Apex Ecotech IPO is ₹73.00 per share and of Purple United Sales IPO is ₹126.00 per share.
| Apex Ecotech IPO | Purple United Sales IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹71.00 per share | ₹121.00 per share |
| Issue Price (Upper) | ₹73.00 per share | ₹126.00 per share |
| Issue Price (Final) | ₹73.00 per share | ₹126.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1000 shares |
| Fresh Issue Size | 32,99,200 shares | 24,73,000 shares |
| Fresh Issue Size (Amount) | up to ₹24.08 Cr | up to ₹31.16 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 | 32,99,200 shares | 24,73,000 shares |
| Issue Size Total (Amount) | up to ₹24.08 Cr | up to ₹31.16 Cr |
Apex Ecotech IPO opens on Nov 27, 2024, while Purple United Sales IPO opens on Dec 11, 2024. The closing date of Apex Ecotech IPO and Purple United Sales IPO is Nov 29, 2024, and Dec 13, 2024, respectively.
| Apex Ecotech IPO | Purple United Sales IPO | |
|---|---|---|
| Anchor Bid Date | Nov 26, 2024 | Dec 10, 2024 |
| Issue Open | Nov 27, 2024 | Dec 11, 2024 |
| Issue Close | Nov 29, 2024 | Dec 13, 2024 |
| Basis Of Allotment (Tentative) | Dec 02, 2024 | Dec 16, 2024 |
| Initiation of Refunds (Tentative) | Dec 03, 2024 | Dec 17, 2024 |
| Credit of Share (Tentative) | Dec 03, 2024 | Dec 17, 2024 |
| Listing date (Tentative) | Dec 04, 2024 | Dec 18, 2024 |
| Anchor Lockin End date 1 | Dec 31, 2024 | Jan 14, 2025 |
| Anchor Lockin End date 2 | Mar 01, 2025 | Mar 15, 2025 |
Apex Ecotech IPO P/E ratio is 10.66, as compared to Purple United Sales IPO P/E ratio of 18.33.
| Apex Ecotech IPO | Purple United Sales IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 94.32 | 87.54 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.29 | 63.82 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 10.66 | 18.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹96.25 Cr. | ₹121.08 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 10.01 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 12.02 | 19.35 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.07 | 1.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.85 | ₹6.87 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 10.01 | 27.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Apex Ecotech IPO Retail Individual Investors (RII) are offered 11,55,200 shares while in Purple United Sales IPO retail investors are offered 11,55,200 shares. Qualified Institutional Buyers (QIB) are offered 6,59,200 shares in Apex Ecotech IPO and 4,95,000 shares in Purple United Sales IPO.
| Apex Ecotech IPO | Purple United Sales IPO | |
|---|---|---|
| Anchor Investor Reservation | 9,88,800 shares | 7,41,000 shares |
| Market Maker Reservation | 2,00,000 shares | 1,31,000 shares |
| QIB | 6,59,200 shares | 4,95,000 shares |
| NII | 4,96,000 shares | 3,71,000 shares |
| RII | 11,55,200 shares | 8,66,000 shares |
| Employee | ||
| Others | ||
| Total | 32,99,200 shares | 24,73,000 shares |
Apex Ecotech IPO subscribed 320.08x in total, whereas Purple United Sales IPO subscribed 112.12x.
| Apex Ecotech IPO | Purple United Sales IPO | |
|---|---|---|
| QIB (times) | 136.69x | 86.30x |
| NII (times) | 1,179.62x | 269.70x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 329.65x | 155.29x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 320.08x | 112.12x |