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Pace E-Commerce Ventures IPO vs Reetech International Cargo IPO

Comparison between Pace E-Commerce Ventures IPO and Reetech International Cargo IPO.

IPO Details

Pace E-Commerce Ventures IPO is a SME Fixed Price IPO proposed to list at BSE SME while Reetech International Cargo IPO is a SME Fixed Price proposed to list at BSE SME.

 Pace E-Commerce Ventures IPOReetech International Cargo IPO
LogoPace E-Commerce Ventures IPO LogoReetech International Cargo IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersInteractive Financial Services Ltd.Gretex Corporate Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerBeeline Broking Ltd.Gretex Share Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Pace E-Commerce Ventures IPO is up to ₹63.11 Cr whereas the issue size of the Reetech International Cargo IPO is up to ₹11.11 Cr. The final issue price of Pace E-Commerce Ventures IPO is ₹103.00 per share and of Reetech International Cargo IPO is ₹105.00 per share.

 Pace E-Commerce Ventures IPOReetech International Cargo IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹103.00 per share₹105.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares1200 shares
Fresh Issue Size36,67,600 shares5,41,200 shares
Fresh Issue Size (Amount)up to ₹37.78 Crup to ₹5.68 Cr
OFS Issue Size24,59,600 shares5,17,200 shares
OFS Issue Size (Amount)up to ₹25.33 Crup to ₹5.43 Cr
Issue Size Total61,27,200 shares10,58,400 shares
Issue Size Total (Amount)up to ₹63.11 Crup to ₹11.11 Cr

IPO Timetable

Pace E-Commerce Ventures IPO opens on Sep 29, 2022, while Reetech International Cargo IPO opens on Sep 27, 2022. The closing date of Pace E-Commerce Ventures IPO and Reetech International Cargo IPO is Oct 13, 2022, and Sep 29, 2022, respectively.

 Pace E-Commerce Ventures IPOReetech International Cargo IPO
Anchor Bid Date
Issue OpenSep 29, 2022Sep 27, 2022
Issue CloseOct 13, 2022Sep 29, 2022
Basis Of Allotment (Tentative)Oct 18, 2022Oct 04, 2022
Initiation of Refunds (Tentative)Oct 19, 2022Oct 06, 2022
Credit of Share (Tentative)Oct 20, 2022Oct 07, 2022
Listing date (Tentative)Oct 20, 2022Oct 10, 2022
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Pace E-Commerce Ventures IPO P/E ratio is 429.16, as compared to Reetech International Cargo IPO P/E ratio of 10.64.

 Pace E-Commerce Ventures IPOReetech International Cargo IPO
Financials
Pace E-Commerce Ventures Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-20157.97150.420.347.246.24
31-Mar-212786.01171.897.182595.326.24
31-Mar-223241.711054.1554.122649.44817.54
Amount in ₹ Lakhs
Reetech International Cargo and Courier Ltd Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-20396.1718.9913.98325.06273.21
31-Mar-21877.781842.4130.1365.59313.74
31-Mar-221727.5211689.1417.29801.06749.21
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)91.1299.99
Promoter Shareholding (Post-Issue)6573.62
P/E Ratio429.1610.64
Market Cap₹232.10 Cr.₹44.39 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Pace E-Commerce Ventures IPO Retail Individual Investors (RII) are offered 30,63,600 shares while in Reetech International Cargo IPO retail investors are offered 30,63,600 shares. Qualified Institutional Buyers (QIB) are offered in Pace E-Commerce Ventures IPO and in Reetech International Cargo IPO.

 Pace E-Commerce Ventures IPOReetech International Cargo IPO
Anchor Investor Reserveration
Market Maker Reserveration3,32,400 shares56,400 shares
QIB
NII30,63,600 shares5,29,200 shares
RII30,63,600 shares5,29,200 shares
Employee
Others
Total61,27,200 shares10,58,400 shares

Bids Received (Subscription)

Pace E-Commerce Ventures IPO subscribed 1.14x in total, whereas Reetech International Cargo IPO subscribed 1.67x.

 Pace E-Commerce Ventures IPOReetech International Cargo IPO
QIB (times)
NII (times)1.72x1.43x
Big NII (times)
Small NII (times)
RII (times)0.55x1.92x
Employee (times)
Other (times)
Total (times)1.14x1.67x