Comparison between Newever Trade Wings IPO and Satkar Finlease IPO.
Newever Trade Wings IPO is a SME Fixed Price IPO proposed to list at BSE SME while Satkar Finlease IPO is a SME Fixed Price proposed to list at BSE SME.
| Newever Trade Wings IPO | Satkar Finlease IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Inventure Merchant Banker Services Pvt.Ltd. | Oneview Corporate Advisors Pvt.Ltd. |
| Registrar | Sharepro Services Pvt.Ltd. | MAS Services Ltd. |
| Market Maker | Bindal Equities Ltd. | Guiness Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL |
The total issue size of Newever Trade Wings IPO is up to ₹6.00 Cr whereas the issue size of the Satkar Finlease IPO is up to ₹12.82 Cr. The final issue price of Newever Trade Wings IPO is ₹10.00 per share and of Satkar Finlease IPO is ₹18.00 per share.
| Newever Trade Wings IPO | Satkar Finlease IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹10.00 per share | ₹18.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 10000 shares | 8000 shares |
| Fresh Issue Size | 60,00,000 shares | 71,20,000 shares |
| Fresh Issue Size (Amount) | up to ₹6.00 Cr | up to ₹12.82 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 | 60,00,000 shares | 71,20,000 shares |
| Issue Size Total (Amount) | up to ₹6.00 Cr | up to ₹12.82 Cr |
Newever Trade Wings IPO opens on Sep 30, 2013, while Satkar Finlease IPO opens on Sep 25, 2013. The closing date of Newever Trade Wings IPO and Satkar Finlease IPO is Oct 03, 2013, and Sep 27, 2013, respectively.
| Newever Trade Wings IPO | Satkar Finlease IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 30, 2013 | Sep 25, 2013 |
| Issue Close | Oct 03, 2013 | Sep 27, 2013 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Oct 17, 2013 | Oct 11, 2013 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Newever Trade Wings IPO P/E ratio is , as compared to Satkar Finlease IPO P/E ratio of .
| Newever Trade Wings IPO | Satkar Finlease IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 28.65 | 37.17 | ||||
| Promoter Shareholding (Post-Issue) | 21.09 | 22.53 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹23.95 Cr. | ₹34.28 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 0.22 | 0.53 |
In the Newever Trade Wings IPO Retail Individual Investors (RII) are offered 30,00,000 shares while in Satkar Finlease IPO retail investors are offered 30,00,000 shares. Qualified Institutional Buyers (QIB) are offered in Newever Trade Wings IPO and in Satkar Finlease IPO.
| Newever Trade Wings IPO | Satkar Finlease IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 3,20,000 shares | 3,84,000 shares |
| QIB | ||
| NII | 30,00,000 shares | 35,60,000 shares |
| RII | 30,00,000 shares | 35,60,000 shares |
| Employee | ||
| Others | ||
| Total | 60,00,000 shares | 71,20,000 shares |
Newever Trade Wings IPO subscribed 1.48x in total, whereas Satkar Finlease IPO subscribed 1.00x.
| Newever Trade Wings IPO | Satkar Finlease IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.26x | 1.27x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.70x | 0.73x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.48x | 1.00x |
