Comparison between Spunweb Nonwoven IPO and Happy Square Outsourcing IPO.
Spunweb Nonwoven IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Happy Square Outsourcing IPO is a SME Bookbuilding proposed to list at NSE SME.
| Spunweb Nonwoven IPO | Happy Square Outsourcing IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Vivro Financial Services Pvt.Ltd. | Corpwis Advisors Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | Rikhav Securities Ltd. | Giriraj Stock Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Spunweb Nonwoven IPO is up to ₹57.89 Cr whereas the issue size of the Happy Square Outsourcing IPO is up to ₹22.06 Cr. The final issue price of Spunweb Nonwoven IPO is ₹96.00 per share and of Happy Square Outsourcing IPO is ₹76.00 per share.
| Spunweb Nonwoven IPO | Happy Square Outsourcing IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹90.00 per share | ₹72.00 per share |
| Issue Price (Upper) | ₹96.00 per share | ₹76.00 per share |
| Issue Price (Final) | ₹96.00 per share | ₹76.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1600 shares |
| Fresh Issue Size | 60,30,000 shares | 29,02,400 shares |
| Fresh Issue Size (Amount) | up to ₹57.89 Cr | up to ₹22.06 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 | 60,30,000 shares | 29,02,400 shares |
| Issue Size Total (Amount) | up to ₹57.89 Cr | up to ₹22.06 Cr |
Spunweb Nonwoven IPO opens on Jul 14, 2025, while Happy Square Outsourcing IPO opens on Jul 03, 2025. The closing date of Spunweb Nonwoven IPO and Happy Square Outsourcing IPO is Jul 16, 2025, and Jul 07, 2025, respectively.
| Spunweb Nonwoven IPO | Happy Square Outsourcing IPO | |
|---|---|---|
| Anchor Bid Date | Jul 11, 2025 | Jul 02, 2025 |
| Issue Open | Jul 14, 2025 | Jul 03, 2025 |
| Issue Close | Jul 16, 2025 | Jul 07, 2025 |
| Basis Of Allotment (Tentative) | Jul 17, 2025 | Jul 08, 2025 |
| Initiation of Refunds (Tentative) | Jul 18, 2025 | Jul 09, 2025 |
| Credit of Share (Tentative) | Jul 18, 2025 | Jul 09, 2025 |
| Listing date (Tentative) | Jul 21, 2025 | Jul 10, 2025 |
| Anchor Lockin End date 1 | Aug 16, 2025 | Aug 07, 2025 |
| Anchor Lockin End date 2 | Oct 15, 2025 | Oct 06, 2025 |
Spunweb Nonwoven IPO P/E ratio is 15.79, as compared to Happy Square Outsourcing IPO P/E ratio of 10.83.
| Spunweb Nonwoven IPO | Happy Square Outsourcing IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Spunweb Nonwoven Limited Financial Information (Restated Consolidated)Spunweb Nonwoven Limited's revenue increased by 47% and profit after tax (PAT) rose by 98% between the financial year ending with March 31, 2025 and March 31, 2024.
| Happy Square Outsourcing Services Limited Financial Information (Restated)Happy Square Outsourcing Services Limited's revenue increased by 40% and profit after tax (PAT) rose by 34% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 88.50 | 84.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 65.18 | 60.89 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 15.79 | 10.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹231.39 Cr. | ₹88.16 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 31.63% | 61.97% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 33.66% | 57.75% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.11 | 1.17 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.08 | ₹7.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 31.63% | 61.97% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Spunweb Nonwoven IPO Retail Individual Investors (RII) are offered 21,16,800 shares while in Happy Square Outsourcing IPO retail investors are offered 21,16,800 shares. Qualified Institutional Buyers (QIB) are offered 12,02,400 shares in Spunweb Nonwoven IPO and 5,79,200 shares in Happy Square Outsourcing IPO.
| Spunweb Nonwoven IPO | Happy Square Outsourcing IPO | |
|---|---|---|
| Anchor Investor Reserveration | 18,03,600 shares | 8,68,800 shares |
| Market Maker Reserveration | 3,21,600 shares | 2,88,000 shares |
| QIB | 12,02,400 shares | 5,79,200 shares |
| NII | 9,07,200 shares | 4,36,800 shares |
| RII | 21,16,800 shares | 10,17,600 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 60,30,000 shares | 29,02,400 shares |
Spunweb Nonwoven IPO subscribed 251.32x in total, whereas Happy Square Outsourcing IPO subscribed 3.58x.
| Spunweb Nonwoven IPO | Happy Square Outsourcing IPO | |
|---|---|---|
| QIB (times) | 165.43x | 7.16x |
| NII (times) | 364.58x | 2.24x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 251.84x | 2.12x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 251.32x | 3.58x |
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