Pace E-Commerce Ventures IPO vs Technopack Polymers IPO

Comparison between Pace E-Commerce Ventures IPO and Technopack Polymers IPO.

IPO Details

Pace E-Commerce Ventures IPO is a SME Fixed Price IPO proposed to list at BSE SME while Technopack Polymers IPO is a SME Fixed Price proposed to list at BSE SME.

	Pace E-Commerce Ventures IPO	Technopack Polymers 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.	ISK Advisors Pvt.Ltd.
Registrar	Bigshare Services Pvt.Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	Beeline Broking Ltd.	Sunflower Broking Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

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 Technopack Polymers IPO is up to ₹7.47 Cr. The final issue price of Pace E-Commerce Ventures IPO is ₹103.00 per share and of Technopack Polymers IPO is ₹55.00 per share.

	Pace E-Commerce Ventures IPO	Technopack Polymers IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹103.00 per share	₹55.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1200 shares	2000 shares
Fresh Issue Size	36,67,600 shares	13,58,500 shares
Fresh Issue Size (Amount)	up to ₹37.78 Cr	up to ₹7.47 Cr
OFS Issue Size	24,59,600 shares	0 shares
OFS Issue Size (Amount)	up to ₹25.33 Cr	up to ₹0.00 Cr
Issue Size Total	61,27,200 shares	13,58,500 shares
Issue Size Total (Amount)	up to ₹63.11 Cr	up to ₹7.47 Cr

IPO Timetable

Pace E-Commerce Ventures IPO opens on Sep 29, 2022, while Technopack Polymers IPO opens on Nov 02, 2022. The closing date of Pace E-Commerce Ventures IPO and Technopack Polymers IPO is Oct 13, 2022, and Nov 07, 2022, respectively.

	Pace E-Commerce Ventures IPO	Technopack Polymers IPO
Anchor Bid Date
Issue Open	Sep 29, 2022	Nov 02, 2022
Issue Close	Oct 13, 2022	Nov 07, 2022
Basis Of Allotment (Tentative)	Oct 18, 2022	Nov 11, 2022
Initiation of Refunds (Tentative)	Oct 19, 2022	Nov 14, 2022
Credit of Share (Tentative)	Oct 20, 2022	Nov 15, 2022
Listing date (Tentative)	Oct 20, 2022	Nov 16, 2022
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Pace E-Commerce Ventures IPO P/E ratio is 429.16, as compared to Technopack Polymers IPO P/E ratio of 10.54.

Pace E-Commerce Ventures IPO

Technopack Polymers IPO

Financials

Pace E-Commerce Ventures Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	157.97	150.42	0.34	7.24	6.24
31-Mar-21	2786.01	171.89	7.18	2595.32	6.24
31-Mar-22	3241.71	1054.15	54.12	2649.44	817.54
Amount in ₹ Lakhs

Technopack Polymers Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	357.87	355.27	3.8	97.63	-2.37	257.36
31-Mar-21	585.73	615.74	1.91	99.54	-0.46	328.98
31-Mar-22	926.29	1002.87	210.83	300.37	200.37	270.78
31-Jul-22	1183.82	482.1	93.94	779.31	382.31	160.56
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

91.12

100

Promoter Shareholding (Post-Issue)

73.51

P/E Ratio

429.16

10.54

Market Cap

₹232.10 Cr.

₹29.70 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

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

	Pace E-Commerce Ventures IPO	Technopack Polymers IPO
Anchor Investor Reserveration
Market Maker Reserveration	3,32,400 shares	71,500 shares
QIB
NII	30,63,600 shares	6,79,250 shares
RII	30,63,600 shares	6,79,250 shares
Employee
Others
Total	61,27,200 shares	13,58,500 shares

Bids Received (Subscription)

Pace E-Commerce Ventures IPO subscribed 1.14x in total, whereas Technopack Polymers IPO subscribed 19.81x.

	Pace E-Commerce Ventures IPO	Technopack Polymers IPO
QIB (times)
NII (times)	1.72x	19.82x
Big NII (times)
Small NII (times)
RII (times)	0.55x	19.81x
Employee (times)
Other (times)
Total (times)	1.14x	19.81x

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