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Enser Communications IPO vs Royal Sense IPO

Comparison between Enser Communications IPO and Royal Sense IPO.

IPO Details

Enser Communications IPO is a SME Fixed Price IPO proposed to list at NSE SME while Royal Sense IPO is a SME Fixed Price proposed to list at BSE SME.

 Enser Communications IPORoyal Sense IPO
LogoEnser Communications IPO LogoRoyal Sense IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersNovus Capital Advisors Pvt.Ltd.Expert Global Consultants Pvt.Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerB.N.Rathi Securities Ltd.Rikhav Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Enser Communications IPO is up to ₹15.34 Cr whereas the issue size of the Royal Sense IPO is up to ₹8.77 Cr. The final issue price of Enser Communications IPO is ₹70.00 per share and of Royal Sense IPO is ₹68.00 per share.

 Enser Communications IPORoyal Sense IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹70.00 per share₹68.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares2000 shares
Fresh Issue Size21,92,000 shares12,90,000 shares
Fresh Issue Size (Amount)up to ₹15.34 Crup to ₹8.77 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total21,92,000 shares12,90,000 shares
Issue Size Total (Amount)up to ₹15.34 Crup to ₹8.77 Cr

IPO Timetable

Enser Communications IPO opens on Mar 15, 2024, while Royal Sense IPO opens on Mar 12, 2024. The closing date of Enser Communications IPO and Royal Sense IPO is Mar 19, 2024, and Mar 14, 2024, respectively.

 Enser Communications IPORoyal Sense IPO
Issue OpenMar 15, 2024Mar 12, 2024
Issue CloseMar 19, 2024Mar 14, 2024
Basis Of Allotment (Tentative)Mar 20, 2024Mar 15, 2024
Initiation of Refunds (Tentative)Mar 21, 2024Mar 18, 2024
Credit of Share (Tentative)Mar 21, 2024Mar 18, 2024
Listing date (Tentative)Mar 22, 2024Mar 19, 2024

Financials & KPIs

Enser Communications IPO P/E ratio is 28.02, as compared to Royal Sense IPO P/E ratio of 33.33.

 Enser Communications IPORoyal Sense IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets17.9913.848.706.62
Total Income18.1625.9116.869.61
Profit After Tax2.141.600.78-0.12
NET Worth6.533.952.351.57
Reserves and Surplus6.523.942.341.56
Total Borrowing7.096.323.092.77
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 2023
Assets5.70
Total Income8.04
Profit After Tax0.70
NET Worth4.15
Reserves and Surplus0.70
Total Borrowing0.28
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)90.13%99.99%
Promoter Shareholding (Post-Issue)66.25%67.15%
P/E Ratio28.0233.33
Market Cap₹61.01 Cr.₹33.32 Cr.
ROE32.7617.00
ROCE34.6123.00
EPS₹2.50₹2.04
RoNW32.7617.00

Shares Offered

In the Enser Communications IPO Retail Individual Investors (RII) are offered 10,96,000 shares while in Royal Sense IPO retail investors are offered 10,96,000 shares. Qualified Institutional Buyers (QIB) are offered in Enser Communications IPO and in Royal Sense IPO.

 Enser Communications IPORoyal Sense IPO
Market Maker Reservation1,18,000 shares1,60,000 shares
NII10,96,000 shares6,44,000 shares
RII10,96,000 shares6,46,000 shares
Total21,92,000 shares12,90,000 shares

Bids Received (Subscription)

Enser Communications IPO subscribed 7.28x in total, whereas Royal Sense IPO subscribed 8.52x.

 Enser Communications IPORoyal Sense IPO
NII (times)3.64x9.74x
RII (times)10.92x7.31x
Total (times)7.28x8.52x

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Enser Communications IPORoyal Sense IPO
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Compare:

Enser Communications IPO Vs Royal Sense IPO