Comparison between Aspire & Innovative IPO and Radiowalla Network IPO.
Aspire & Innovative IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Radiowalla Network IPO is a SME Bookbuilding proposed to list at NSE SME.
| Aspire & Innovative IPO | Radiowalla Network IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | Narnolia Financial Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | SS Corporate Securities 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 Aspire & Innovative IPO is up to ₹20.87 Cr whereas the issue size of the Radiowalla Network IPO is up to ₹13.40 Cr. The final issue price of Aspire & Innovative IPO is ₹54.00 per share and of Radiowalla Network IPO is ₹76.00 per share.
| Aspire & Innovative IPO | Radiowalla Network IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹51.00 per share | ₹72.00 per share |
| Issue Price (Upper) | ₹54.00 per share | ₹76.00 per share |
| Issue Price (Final) | ₹54.00 per share | ₹76.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1600 shares |
| Fresh Issue Size | 38,64,000 shares | 17,63,200 shares |
| Fresh Issue Size (Amount) | up to ₹20.87 Cr | up to ₹13.40 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 | 38,64,000 shares | 17,63,200 shares |
| Issue Size Total (Amount) | up to ₹20.87 Cr | up to ₹13.40 Cr |
Aspire & Innovative IPO opens on Mar 26, 2024, while Radiowalla Network IPO opens on Mar 27, 2024. The closing date of Aspire & Innovative IPO and Radiowalla Network IPO is Mar 28, 2024, and Apr 02, 2024, respectively.
| Aspire & Innovative IPO | Radiowalla Network IPO | |
|---|---|---|
| Anchor Bid Date | Mar 22, 2024 | Mar 26, 2024 |
| Issue Open | Mar 26, 2024 | Mar 27, 2024 |
| Issue Close | Mar 28, 2024 | Apr 02, 2024 |
| Basis Of Allotment (Tentative) | Apr 01, 2024 | Apr 03, 2024 |
| Initiation of Refunds (Tentative) | Apr 02, 2024 | Apr 04, 2024 |
| Credit of Share (Tentative) | Apr 02, 2024 | Apr 04, 2024 |
| Listing date (Tentative) | Apr 03, 2024 | Apr 05, 2024 |
| Anchor Lockin End date 1 | May 01, 2024 | May 03, 2024 |
| Anchor Lockin End date 2 | Jun 30, 2024 | Jul 02, 2024 |
Aspire & Innovative IPO P/E ratio is 11.3, as compared to Radiowalla Network IPO P/E ratio of 38.48.
| Aspire & Innovative IPO | Radiowalla Network IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 98.84 | 55.80 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.35 | 40.95 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.3 | 38.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹81.96 Cr. | ₹53.57 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 22.50% | 20.62% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 18.59% | 21.28% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.60 | 0.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.78 | ₹1.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 20.22% | 20.62% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Aspire & Innovative IPO Retail Individual Investors (RII) are offered 13,54,000 shares while in Radiowalla Network IPO retail investors are offered 13,54,000 shares. Qualified Institutional Buyers (QIB) are offered 7,74,000 shares in Aspire & Innovative IPO and 3,53,600 shares in Radiowalla Network IPO.
| Aspire & Innovative IPO | Radiowalla Network IPO | |
|---|---|---|
| Anchor Investor Reservation | 11,56,000 shares | 5,26,400 shares |
| Market Maker Reservation | 2,04,000 shares | 1,12,000 shares |
| QIB | 7,74,000 shares | 3,53,600 shares |
| NII | 5,80,000 shares | 2,65,600 shares |
| RII | 13,54,000 shares | 6,17,600 shares |
| Employee | ||
| Others | ||
| Total | 38,64,000 shares | 17,63,200 shares |
Aspire & Innovative IPO subscribed 15.17x in total, whereas Radiowalla Network IPO subscribed 307.54x.
| Aspire & Innovative IPO | Radiowalla Network IPO | |
|---|---|---|
| QIB (times) | 5.21x | 87.96x |
| NII (times) | 25.60x | 491.86x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 16.39x | 353.98x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 15.17x | 307.54x |
