Comparison between Pace E-Commerce Ventures IPO and Steelman Telecom IPO.
Pace E-Commerce Ventures IPO is a SME Fixed Price IPO proposed to list at BSE SME while Steelman Telecom IPO is a SME Fixed Price proposed to list at BSE SME.
| Pace E-Commerce Ventures IPO | Steelman Telecom IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Interactive Financial Services Ltd. | Gretex Corporate Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Beeline Broking Ltd. | Gretex Share Broking Pvt.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 Pace E-Commerce Ventures IPO is up to ₹63.11 Cr whereas the issue size of the Steelman Telecom IPO is up to ₹24.72 Cr. The final issue price of Pace E-Commerce Ventures IPO is ₹103.00 per share and of Steelman Telecom IPO is ₹96.00 per share.
| Pace E-Commerce Ventures IPO | Steelman Telecom IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹103.00 per share | ₹96.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1200 shares |
| Fresh Issue Size | 36,67,600 shares | 17,61,600 shares |
| Fresh Issue Size (Amount) | up to ₹37.78 Cr | up to ₹16.91 Cr |
| OFS Issue Size | 24,59,600 shares | 8,13,600 shares |
| OFS Issue Size (Amount) | up to ₹25.33 Cr | up to ₹7.81 Cr |
| Issue Size Total | 61,27,200 shares | 25,75,200 shares |
| Issue Size Total (Amount) | up to ₹63.11 Cr | up to ₹24.72 Cr |
Pace E-Commerce Ventures IPO opens on Sep 29, 2022, while Steelman Telecom IPO opens on Sep 26, 2022. The closing date of Pace E-Commerce Ventures IPO and Steelman Telecom IPO is Oct 13, 2022, and Sep 29, 2022, respectively.
| Pace E-Commerce Ventures IPO | Steelman Telecom IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 29, 2022 | Sep 26, 2022 |
| Issue Close | Oct 13, 2022 | Sep 29, 2022 |
| Basis Of Allotment (Tentative) | Oct 18, 2022 | Oct 07, 2022 |
| Initiation of Refunds (Tentative) | Oct 19, 2022 | Oct 10, 2022 |
| Credit of Share (Tentative) | Oct 20, 2022 | Oct 10, 2022 |
| Listing date (Tentative) | Oct 20, 2022 | Oct 10, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Pace E-Commerce Ventures IPO P/E ratio is 429.16, as compared to Steelman Telecom IPO P/E ratio of 23.41.
| Pace E-Commerce Ventures IPO | Steelman Telecom IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 91.12 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 65 | 71.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 429.16 | 23.41 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹232.10 Cr. | ₹92.89 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 2.95 | 29.49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 2.04 | 35.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.14 | 0.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹0.30 | ₹5.23 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 2.04 | 25.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Pace E-Commerce Ventures IPO Retail Individual Investors (RII) are offered 30,63,600 shares while in Steelman Telecom IPO retail investors are offered 30,63,600 shares. Qualified Institutional Buyers (QIB) are offered in Pace E-Commerce Ventures IPO and in Steelman Telecom IPO.
| Pace E-Commerce Ventures IPO | Steelman Telecom IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 3,32,400 shares | 1,35,600 shares |
| QIB | ||
| NII | 30,63,600 shares | 16,72,800 shares |
| RII | 30,63,600 shares | 9,02,400 shares |
| Employee | ||
| Others | ||
| Total | 61,27,200 shares | 25,75,200 shares |
Pace E-Commerce Ventures IPO subscribed 1.14x in total, whereas Steelman Telecom IPO subscribed 22.40x.
| Pace E-Commerce Ventures IPO | Steelman Telecom IPO | |
|---|---|---|
| QIB (times) | 7.78x | |
| NII (times) | 1.72x | 70.09x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.55x | 22.82x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.14x | 22.40x |
