Comparison between Pace E-Commerce Ventures IPO and Trident Lifeline IPO.
Pace E-Commerce Ventures IPO is a SME Fixed Price IPO proposed to list at BSE SME while Trident Lifeline IPO is a SME Fixed Price proposed to list at BSE SME.
| Pace E-Commerce Ventures IPO | Trident Lifeline 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. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Beeline Broking Ltd. | Sunflower 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 Trident Lifeline IPO is up to ₹33.57 Cr. The final issue price of Pace E-Commerce Ventures IPO is ₹103.00 per share and of Trident Lifeline IPO is ₹101.00 per share.
| Pace E-Commerce Ventures IPO | Trident Lifeline IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹103.00 per share | ₹101.00 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 | 33,24,000 shares |
| Fresh Issue Size (Amount) | up to ₹37.78 Cr | up to ₹33.57 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 | 33,24,000 shares |
| Issue Size Total (Amount) | up to ₹63.11 Cr | up to ₹33.57 Cr |
Pace E-Commerce Ventures IPO opens on Sep 29, 2022, while Trident Lifeline IPO opens on Sep 26, 2022. The closing date of Pace E-Commerce Ventures IPO and Trident Lifeline IPO is Oct 13, 2022, and Sep 29, 2022, respectively.
| Pace E-Commerce Ventures IPO | Trident Lifeline 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 04, 2022 |
| Initiation of Refunds (Tentative) | Oct 19, 2022 | Oct 06, 2022 |
| Credit of Share (Tentative) | Oct 20, 2022 | Oct 07, 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 Trident Lifeline IPO P/E ratio of 51.53.
| Pace E-Commerce Ventures IPO | Trident Lifeline IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 91.12 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 65 | 69.57 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 429.16 | 51.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹232.10 Cr. | ₹116.14 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 2.95 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 2.04 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.14 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹0.30 | ₹3.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 2.04 | 47.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Pace E-Commerce Ventures IPO Retail Individual Investors (RII) are offered 30,63,600 shares while in Trident Lifeline IPO retail investors are offered 30,63,600 shares. Qualified Institutional Buyers (QIB) are offered in Pace E-Commerce Ventures IPO and in Trident Lifeline IPO.
| Pace E-Commerce Ventures IPO | Trident Lifeline IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 3,32,400 shares | 1,75,200 shares |
| QIB | ||
| NII | 30,63,600 shares | 16,62,000 shares |
| RII | 30,63,600 shares | 16,62,000 shares |
| Employee | ||
| Others | ||
| Total | 61,27,200 shares | 33,24,000 shares |
Pace E-Commerce Ventures IPO subscribed 1.14x in total, whereas Trident Lifeline IPO subscribed 1.34x.
| Pace E-Commerce Ventures IPO | Trident Lifeline IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.72x | 1.69x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.55x | 0.98x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.14x | 1.34x |
