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Namo eWaste Management IPO vs Travels & Rentals IPO

Comparison between Namo eWaste Management IPO and Travels & Rentals IPO.

IPO Details

Namo eWaste Management IPO is a SME Fixed Price IPO proposed to list at NSE SME while Travels & Rentals IPO is a SME Fixed Price proposed to list at BSE SME.

 Namo eWaste Management IPOTravels & Rentals IPO
LogoNamo eWaste Management IPO LogoTravels & Rentals IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersHem Securities Ltd.Finshore Management Services Ltd.
RegistrarMaashitla Securities Pvt.Ltd.Cameo Corporate Services Ltd.
Market MakerHem Finlease Pvt.Ltd.Black Fox Financial Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Namo eWaste Management IPO is up to ₹48.63 Cr whereas the issue size of the Travels & Rentals IPO is up to ₹11.63 Cr. The final issue price of Namo eWaste Management IPO is ₹85.00 per share and of Travels & Rentals IPO is ₹40.00 per share.

 Namo eWaste Management IPOTravels & Rentals IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹80.00 per share
Issue Price (Upper)₹85.00 per share
Issue Price (Final)₹85.00 per share₹40.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares3000 shares
Fresh Issue Size57,21,600 shares29,07,000 shares
Fresh Issue Size (Amount)up to ₹48.63 Crup to ₹11.63 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total57,21,600 shares29,07,000 shares
Issue Size Total (Amount)up to ₹48.63 Crup to ₹11.63 Cr

IPO Timetable

Namo eWaste Management IPO opens on Sep 04, 2024, while Travels & Rentals IPO opens on Aug 29, 2024. The closing date of Namo eWaste Management IPO and Travels & Rentals IPO is Sep 06, 2024, and Sep 02, 2024, respectively.

 Namo eWaste Management IPOTravels & Rentals IPO
Anchor Bid DateSep 03, 2024
Issue OpenSep 04, 2024Aug 29, 2024
Issue CloseSep 06, 2024Sep 02, 2024
Basis Of Allotment (Tentative)Sep 09, 2024Sep 03, 2024
Initiation of Refunds (Tentative)Sep 10, 2024Sep 04, 2024
Credit of Share (Tentative)Sep 10, 2024Sep 04, 2024
Listing date (Tentative)Sep 11, 2024Sep 05, 2024
Anchor Lockin End date 1Oct 09, 2024
Anchor Lockin End date 2Dec 08, 2024

Financials & KPIs

Namo eWaste Management IPO P/E ratio is 20.96, as compared to Travels & Rentals IPO P/E ratio of 10.98.

 Namo eWaste Management IPOTravels & Rentals IPO
Financials

Namo eWaste Management Limited Financial Information (Restated Standalone)

Namo eWaste Management Limited's revenue increased by 73% and profit after tax (PAT) rose by 183% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets6,274.743,912.264,174.34
Total Income10,107.625,856.074,509
Profit After Tax682.9241.56180.89
Net Worth3,526.172,814.762,577.21
Reserves and Surplus1,841.822,109.241,871.69
Total Borrowing1,453.24344.73598.1
Amount in ₹ Lakhs

Travels & Rentals Limited Financial Information (Restated)

Travels & Rentals Limited's revenue increased by 39% and profit after tax (PAT) rose by 97% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets2,469.851,647.111,334.29
Total Income803.54579.06290.59
Profit After Tax296.55150.6469.01
Net Worth1,478.48741.52490.88
Reserves and Surplus664.21540.33314.69
Total Borrowing470.94560.97755.41
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)93.6786.48
Promoter Shareholding (Post-Issue)68.9962.86
P/E Ratio20.9610.98
Market Cap₹194.37 Cr.₹44.81 Cr.
ROE21.54%26.72%
ROCE20.71%27.54%
Debt/Equity0.410.32
EPS₹4.05₹3.64
RoNW19.37%20.06%

Shares Offered

In the Namo eWaste Management IPO Retail Individual Investors (RII) are offered 20,03,200 shares while in Travels & Rentals IPO retail investors are offered 20,03,200 shares. Qualified Institutional Buyers (QIB) are offered 11,44,000 shares in Namo eWaste Management IPO and in Travels & Rentals IPO.

 Namo eWaste Management IPOTravels & Rentals IPO
Anchor Investor Reserveration17,15,200 shares
Market Maker Reserveration3,02,400 shares1,53,000 shares
QIB11,44,000 shares
NII8,59,200 shares14,52,000 shares
RII20,03,200 shares14,55,000 shares
Employee
Others
Total57,21,600 shares29,07,000 shares

Bids Received (Subscription)

Namo eWaste Management IPO subscribed 225.64x in total, whereas Travels & Rentals IPO subscribed 608.46x.

 Namo eWaste Management IPOTravels & Rentals IPO
QIB (times)151.75x
NII (times)394.20x754.64x
Big NII (times)
Small NII (times)
RII (times)195.54x429.90x
Employee (times)
Other (times)
Total (times)225.64x608.46x