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Turtle Infratrade IPO vs Western Overseas Study Abroad IPO

Comparison between Turtle Infratrade IPO and Western Overseas Study Abroad IPO.

IPO Details

Turtle Infratrade IPO is a SME Fixed Price IPO proposed to list at BSE SME while Western Overseas Study Abroad IPO is a SME Fixed Price proposed to list at BSE SME.

 Turtle Infratrade IPOWestern Overseas Study Abroad IPO
LogoTurtle Infratrade IPO LogoWestern Overseas Study Abroad IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersInventure Merchant Banker Services Pvt.Ltd.Sobhagya Capital Options Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Skyline Financial Services Pvt.Ltd.
Market Maker
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of Turtle Infratrade IPO is up to ₹10.80 Cr whereas the issue size of the Western Overseas Study Abroad IPO is up to ₹0.00 Cr. The final issue price of Turtle Infratrade IPO is ₹40.00 per share and of Western Overseas Study Abroad IPO is .

 Turtle Infratrade IPOWestern Overseas Study Abroad IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹40.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size3000 shares
Fresh Issue Size27,00,000 shares18,00,000 shares
Fresh Issue Size (Amount)up to ₹10.80 Crup to ₹0.00 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total27,00,000 shares18,00,000 shares
Issue Size Total (Amount)up to ₹10.80 Crup to ₹0.00 Cr

IPO Timetable

Turtle Infratrade IPO opens on , while Western Overseas Study Abroad IPO opens on . The closing date of Turtle Infratrade IPO and Western Overseas Study Abroad IPO is , and , respectively.

 Turtle Infratrade IPOWestern Overseas Study Abroad IPO
Anchor Bid Date
Issue Open
Issue Close
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Turtle Infratrade IPO P/E ratio is 5.4, as compared to Western Overseas Study Abroad IPO P/E ratio of .

 Turtle Infratrade IPOWestern Overseas Study Abroad IPO
Financials

Turtle Infratrade Limited Financial Information (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets29.3933.3847.9434.6
Total Income50.58178.64125.38246.21
Profit After Tax0.695.571.322.97
Net Worth13.3912.697.166.19
Reserves and Surplus5.8712.376.835.86
Total Borrowing3.37.3710.1213.92
Amount in ₹ Crore

Western Overseas Study Abroad Limited Financial Information (Restated)

Period Ended31 Jul 202431 Mar 202431 Mar 202331 Mar 2022
Assets10.5810.054.794.16
Total Income9.8120.3710.219.08
Profit After Tax0.881.190.450.83
Net Worth5.234.363.22.78
Reserves and Surplus2.344.473.272.83
Total Borrowing4.123.310.470.23
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00100.00
Promoter Shareholding (Post-Issue)73.58
P/E Ratio5.4
Market Cap₹40.88 Cr.
ROE43.89%31.47%
ROCE27.77%33.39%
Debt/Equity0.74
EPS₹7.41
RoNW43.89%27.29%

Shares Offered

In the Turtle Infratrade IPO Retail Individual Investors (RII) are offered while in Western Overseas Study Abroad IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in Turtle Infratrade IPO and in Western Overseas Study Abroad IPO.

 Turtle Infratrade IPOWestern Overseas Study Abroad IPO
Anchor Investor Reserveration
Market Maker Reserveration1,38,000 shares
QIB
NII
RII
Employee
Others
Total

Bids Received (Subscription)

Turtle Infratrade IPO subscribed in total, whereas Western Overseas Study Abroad IPO subscribed .

 Turtle Infratrade IPOWestern Overseas Study Abroad IPO
QIB (times)
NII (times)
Big NII (times)
Small NII (times)
RII (times)
Employee (times)
Other (times)
Total (times)