Envirotech Systems IPO vs Share Samadhan IPO

Comparison between Envirotech Systems IPO and Share Samadhan IPO.

IPO Details

Envirotech Systems IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Share Samadhan IPO is a SME Bookbuilding proposed to list at BSE SME.

	Envirotech Systems IPO	Share Samadhan IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	BSE SME
Lead Managers	Share India Capital Services Pvt.Ltd.	Narnolia Financial Services Ltd.
Registrar	Bigshare Services Pvt.Ltd.	Skyline Financial Services Pvt.Ltd.
Market Maker	Share India Securities Ltd.	Nikunj Stock Brokers Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Envirotech Systems IPO is up to ₹26.31 Cr whereas the issue size of the Share Samadhan IPO is up to ₹22.85 Cr. The final issue price of Envirotech Systems IPO is ₹56.00 per share and of Share Samadhan IPO is ₹74.00 per share.

	Envirotech Systems IPO	Share Samadhan IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹53.00 per share	₹70.00 per share
Issue Price (Upper)	₹56.00 per share	₹74.00 per share
Issue Price (Final)	₹56.00 per share	₹74.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	2000 shares	1600 shares
Fresh Issue Size	46,98,000 shares	30,88,000 shares
Fresh Issue Size (Amount)	up to ₹26.31 Cr	up to ₹22.85 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	46,98,000 shares	30,88,000 shares
Issue Size Total (Amount)	up to ₹26.31 Cr	up to ₹22.85 Cr

IPO Timetable

Envirotech Systems IPO opens on Sep 13, 2024, while Share Samadhan IPO opens on Sep 09, 2024. The closing date of Envirotech Systems IPO and Share Samadhan IPO is Sep 19, 2024, and Sep 11, 2024, respectively.

	Envirotech Systems IPO	Share Samadhan IPO
Anchor Bid Date	Sep 12, 2024	Sep 06, 2024
Issue Open	Sep 13, 2024	Sep 09, 2024
Issue Close	Sep 19, 2024	Sep 11, 2024
Basis Of Allotment (Tentative)	Sep 20, 2024	Sep 12, 2024
Initiation of Refunds (Tentative)	Sep 23, 2024	Sep 13, 2024
Credit of Share (Tentative)	Sep 23, 2024	Sep 13, 2024
Listing date (Tentative)	Sep 24, 2024	Sep 16, 2024
Anchor Lockin End date 1	Oct 20, 2024	Oct 12, 2024
Anchor Lockin End date 2	Dec 19, 2024	Dec 11, 2024

Financials & KPIs

Envirotech Systems IPO P/E ratio is 6.56, as compared to Share Samadhan IPO P/E ratio of 17.07.

Envirotech Systems IPO

Share Samadhan IPO

Financials

Envirotech Systems Limited Financial Information (Restated)

Envirotech Systems Limited's revenue increased by 63% and profit after tax (PAT) rose by 344% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	3,867.47	2,275.73	1,386.51
Total Income	4,687.95	2,874.78	1,849.54
Profit After Tax	1,142.88	257.34	105.73
Net Worth	1,960.62	661.73	404.4
Reserves and Surplus	621.62	611.73	354.4
Total Borrowing	240.5	260.67	276.61
Amount in ₹ Lakhs

Share Samadhan Limited Financial Information (Restated Consolidated)

Share Samadhan Limited's revenue increased by 261% and profit after tax (PAT) rose by 716% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	1,422.31	478.88	425.54
Total Income	996.13	276.14	242.14
Profit After Tax	391.01	47.92	60.7
Net Worth	1,128.79	359.27	313.84
Reserves and Surplus	226.9	248.15	202.73
Total Borrowing	87.09	61.85	60.38
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

96.48

85.05

Promoter Shareholding (Post-Issue)

68.75

62.52

P/E Ratio

6.56

17.07

Market Cap

₹105.22 Cr.

₹90.80 Cr.

ROE

58.29%

34.64%

ROCE

62.43%

47.99%

Debt/Equity

EPS

₹8.54

₹4.34

RoNW

58.29%

34.64%

Shares Offered

In the Envirotech Systems IPO Retail Individual Investors (RII) are offered 16,46,000 shares while in Share Samadhan IPO retail investors are offered 16,46,000 shares. Qualified Institutional Buyers (QIB) are offered 9,40,000 shares in Envirotech Systems IPO and 6,19,200 shares in Share Samadhan IPO.

	Envirotech Systems IPO	Share Samadhan IPO
Anchor Investor Reserveration	14,06,000 shares	9,23,200 shares
Market Maker Reserveration	7,02,000 shares	1,63,200 shares
QIB	9,40,000 shares	6,19,200 shares
NII	7,06,000 shares	4,64,000 shares
RII	16,46,000 shares	10,81,600 shares
Employee
Others
Total	46,98,000 shares	30,88,000 shares

Bids Received (Subscription)

Envirotech Systems IPO subscribed 91.67x in total, whereas Share Samadhan IPO subscribed 14.59x.

	Envirotech Systems IPO	Share Samadhan IPO
QIB (times)	68.12x	2.66x
NII (times)	187.14x	22.44x
Big NII (times)
Small NII (times)
RII (times)	64.16x	18.04x
Employee (times)
Other (times)
Total (times)	91.67x	14.59x

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