Pace E-Commerce Ventures IPO vs Swastik Pipe IPO

Comparison between Pace E-Commerce Ventures IPO and Swastik Pipe IPO.

IPO Details

Pace E-Commerce Ventures IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Swastik Pipe IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Pace E-Commerce Ventures IPO is up to ₹63.11 Cr whereas the issue size of the Swastik Pipe IPO is up to ₹59.38 Cr. The final issue price of Pace E-Commerce Ventures IPO is ₹103.00 per share and of Swastik Pipe IPO is ₹100.00 per share.

 Pace E-Commerce Ventures IPOSwastik Pipe IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹97.00 per share
Issue Price (Upper)₹100.00 per share
Issue Price (Final)₹103.00 per share₹100.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares1200 shares
Fresh Issue Size36,67,600 shares59,37,600 shares
Fresh Issue Size (Amount)up to ₹37.78 Crup to ₹59.38 Cr
OFS Issue Size24,59,600 shares0 shares
OFS Issue Size (Amount)up to ₹25.33 Crup to ₹0.00 Cr
Issue Size Total61,27,200 shares59,37,600 shares
Issue Size Total (Amount)up to ₹63.11 Crup to ₹59.38 Cr

IPO Timetable

Pace E-Commerce Ventures IPO opens on Sep 29, 2022, while Swastik Pipe IPO opens on Sep 29, 2022. The closing date of Pace E-Commerce Ventures IPO and Swastik Pipe IPO is Oct 13, 2022, and Oct 03, 2022, respectively.

Financials & KPIs

Pace E-Commerce Ventures IPO P/E ratio is 429.16, as compared to Swastik Pipe IPO P/E ratio of 11.38.

 Pace E-Commerce Ventures IPOSwastik Pipe IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202231 Mar 202131 Mar 2020
Assets32.4227.861.58
Total Income10.541.721.50
Profit After Tax0.540.070.00
NET Worth26.4925.950.07
Reserves and Surplus8.180.060.06
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Assets341.27336.26336.51356.08
Total Income612.20523.84658.07727.56
Profit After Tax20.411.49-13.894.68
NET Worth141.6981.3079.8193.70
Reserves and Surplus124.7172.0970.6184.50
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)91.1288.27
Promoter Shareholding (Post-Issue)6564.51
P/E Ratio429.1611.38
Market Cap₹232.10 Cr.₹232.32 Cr.
ROE2.9514
ROCE2.0412
Debt/Equity0.140.80
EPS₹0.30₹14.19
RoNW2.0414.41

Shares Offered

In the Pace E-Commerce Ventures IPO Retail Individual Investors (RII) are offered 30,63,600 shares while in Swastik Pipe IPO retail investors are offered 30,63,600 shares. Qualified Institutional Buyers (QIB) are offered in Pace E-Commerce Ventures IPO and in Swastik Pipe IPO.

 Pace E-Commerce Ventures IPOSwastik Pipe IPO
Anchor Investor Reservation
Market Maker Reservation3,32,400 shares3,14,400 shares
QIB
NII30,63,600 shares29,68,800 shares
RII30,63,600 shares29,68,800 shares
Employee
Others
Total61,27,200 shares59,37,600 shares

Bids Received (Subscription)

Pace E-Commerce Ventures IPO subscribed 1.14x in total, whereas Swastik Pipe IPO subscribed 1.35x.

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