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Nanavati Ventures IPO vs Shashwat Furnishing IPO

Comparison between Nanavati Ventures IPO and Shashwat Furnishing IPO.

IPO Details

Nanavati Ventures IPO is a SME Fixed Price IPO proposed to list at BSE SME while Shashwat Furnishing IPO is a SME Fixed Price proposed to list at BSE SME.

 Nanavati Ventures IPOShashwat Furnishing IPO
LogoNanavati Ventures IPO LogoShashwat Furnishing IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersFirst Overseas Capital Ltd.Beeline Broking Ltd.
RegistrarKfin Technologies Ltd.Kfin Technologies Ltd.
Market MakerNikunj Stock Brokers Ltd.Sunflower 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 Nanavati Ventures IPO is up to ₹2.07 Cr whereas the issue size of the Shashwat Furnishing IPO is up to ₹2.38 Cr. The final issue price of Nanavati Ventures IPO is ₹50.00 per share and of Shashwat Furnishing IPO is ₹45.00 per share.

 Nanavati Ventures IPOShashwat Furnishing IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹50.00 per share₹45.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares3000 shares
Fresh Issue Size4,14,000 shares5,28,000 shares
Fresh Issue Size (Amount)up to ₹2.07 Crup to ₹2.38 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total4,14,000 shares5,28,000 shares
Issue Size Total (Amount)up to ₹2.07 Crup to ₹2.38 Cr

IPO Timetable

Nanavati Ventures IPO opens on Apr 25, 2022, while Shashwat Furnishing IPO opens on Apr 20, 2022. The closing date of Nanavati Ventures IPO and Shashwat Furnishing IPO is Apr 27, 2022, and Apr 25, 2022, respectively.

 Nanavati Ventures IPOShashwat Furnishing IPO
Anchor Bid Date
Issue OpenApr 25, 2022Apr 20, 2022
Issue CloseApr 27, 2022Apr 25, 2022
Basis Of Allotment (Tentative)May 02, 2022
Initiation of Refunds (Tentative)May 04, 2022
Credit of Share (Tentative)May 05, 2022
Listing date (Tentative)May 06, 2022May 04, 2022
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Nanavati Ventures IPO P/E ratio is 61.73, as compared to Shashwat Furnishing IPO P/E ratio of 53.6.

 Nanavati Ventures IPOShashwat Furnishing IPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (Rs in Lakhs)
  31-Dec-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 1417.95 663.55 286.88 186.62
Total Revenue 1049.52 1131.70 595.10 55.51
Profit After Tax 9.98 11.97 5.39 0.03
Summary of financial Information (Restated Statements)
Particulars For the year/period ended (Rs in Lakhs)
28-Feb-22
Total Assets 234.44
Total Revenue 123.46
Profit After Tax 16.10
Promoter Shareholding (Pre-Issue)71100
Promoter Shareholding (Post-Issue)52.1973.28
P/E Ratio61.7353.6
Market Cap₹8.23 Cr.₹9.40 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Nanavati Ventures IPO Retail Individual Investors (RII) are offered 2,06,000 shares while in Shashwat Furnishing IPO retail investors are offered 2,06,000 shares. Qualified Institutional Buyers (QIB) are offered in Nanavati Ventures IPO and in Shashwat Furnishing IPO.

 Nanavati Ventures IPOShashwat Furnishing IPO
Anchor Investor Reserveration
Market Maker Reserveration24,000 shares30,000 shares
QIB
NII2,06,000 shares2,64,000 shares
RII2,06,000 shares2,64,000 shares
Employee
Others
Total4,12,000 shares5,28,000 shares

Bids Received (Subscription)

Nanavati Ventures IPO subscribed 32.52x in total, whereas Shashwat Furnishing IPO subscribed 4.62x.

 Nanavati Ventures IPOShashwat Furnishing IPO
QIB (times)
NII (times)13.86x2.43x
Big NII (times)
Small NII (times)
RII (times)51.17x6.81x
Employee (times)
Other (times)
Total (times)32.52x4.62x