Comparison between Modi's Navnirman IPO and SKP Bearing Industries IPO.
Modi's Navnirman IPO is a SME Fixed Price IPO proposed to list at BSE SME while SKP Bearing Industries IPO is a SME Fixed Price proposed to list at NSE SME.
| Modi's Navnirman IPO | SKP Bearing Industries IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | Shreni Shares Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Aryaman Capital Markets Ltd. | Shreni Shares Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Modi's Navnirman IPO is up to ₹21.46 Cr whereas the issue size of the SKP Bearing Industries IPO is up to ₹29.26 Cr. The final issue price of Modi's Navnirman IPO is ₹180.00 per share and of SKP Bearing Industries IPO is ₹70.00 per share.
| Modi's Navnirman IPO | SKP Bearing Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹180.00 per share | ₹70.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 800 shares | 2000 shares |
| Fresh Issue Size | 11,92,000 shares | 13,80,000 shares |
| Fresh Issue Size (Amount) | up to ₹21.46 Cr | up to ₹9.66 Cr |
| OFS Issue Size | 0 shares | 28,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹19.60 Cr |
| Issue Size Total | 11,92,000 shares | 41,80,000 shares |
| Issue Size Total (Amount) | up to ₹21.46 Cr | up to ₹29.26 Cr |
Modi's Navnirman IPO opens on Jun 23, 2022, while SKP Bearing Industries IPO opens on Jun 30, 2022. The closing date of Modi's Navnirman IPO and SKP Bearing Industries IPO is Jun 28, 2022, and Jul 05, 2022, respectively.
| Modi's Navnirman IPO | SKP Bearing Industries IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 23, 2022 | Jun 30, 2022 |
| Issue Close | Jun 28, 2022 | Jul 05, 2022 |
| Basis Of Allotment (Tentative) | Jul 01, 2022 | Jul 08, 2022 |
| Initiation of Refunds (Tentative) | Jul 04, 2022 | Jul 11, 2022 |
| Credit of Share (Tentative) | Jul 05, 2022 | Jul 12, 2022 |
| Listing date (Tentative) | Jul 06, 2022 | Jul 13, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Modi's Navnirman IPO P/E ratio is 57.32, as compared to SKP Bearing Industries IPO P/E ratio of 9.49.
| Modi's Navnirman IPO | SKP Bearing Industries IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.98 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 70.20 | 73.49 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 57.32 | 9.49 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹76.14 Cr. | ₹116.20 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 17.56 | |||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 29.6 | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 4.95 | 0.01 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.47 | ₹4.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 34.81 | 16.28 | ||||||||||||||||||||||||||||||||||||||||||||||||||
In the Modi's Navnirman IPO Retail Individual Investors (RII) are offered 5,96,000 shares while in SKP Bearing Industries IPO retail investors are offered 5,96,000 shares. Qualified Institutional Buyers (QIB) are offered in Modi's Navnirman IPO and in SKP Bearing Industries IPO.
| Modi's Navnirman IPO | SKP Bearing Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 68,000 shares | 2,20,000 shares |
| QIB | ||
| NII | 5,96,000 shares | 20,90,000 shares |
| RII | 5,96,000 shares | 20,90,000 shares |
| Employee | ||
| Others | ||
| Total | 11,92,000 shares | 41,80,000 shares |
Modi's Navnirman IPO subscribed 1.99x in total, whereas SKP Bearing Industries IPO subscribed 10.06x.
| Modi's Navnirman IPO | SKP Bearing Industries IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.76x | 10.20x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.22x | 9.92x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.99x | 10.06x |
