Comparison between Nisus Finance IPO and United Heat Transfer IPO.
Nisus Finance IPO is a SME Bookbuilding IPO proposed to list at BSE SME while United Heat Transfer IPO is a SME Bookbuilding proposed to list at NSE SME.
| Nisus Finance IPO | United Heat Transfer IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | Swastika Investmart Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Spread X Securities Pvt.Ltd. | Swastika Investmart Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Nisus Finance IPO is up to ₹107.91 Cr whereas the issue size of the United Heat Transfer IPO is up to ₹28.49 Cr. The final issue price of Nisus Finance IPO is ₹180.00 per share and of United Heat Transfer IPO is ₹59.00 per share.
| Nisus Finance IPO | United Heat Transfer IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹170.00 per share | ₹56.00 per share |
| Issue Price (Upper) | ₹180.00 per share | ₹59.00 per share |
| Issue Price (Final) | ₹180.00 per share | ₹59.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 800 shares | 2000 shares |
| Fresh Issue Size | 52,94,400 shares | 48,28,000 shares |
| Fresh Issue Size (Amount) | up to ₹95.30 Cr | up to ₹28.49 Cr |
| OFS Issue Size | 7,00,800 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹12.61 Cr | up to ₹0.00 Cr |
| Issue Size Total | 59,95,200 shares | 48,28,000 shares |
| Issue Size Total (Amount) | up to ₹107.91 Cr | up to ₹28.49 Cr |
Nisus Finance IPO opens on Dec 04, 2024, while United Heat Transfer IPO opens on Oct 22, 2024. The closing date of Nisus Finance IPO and United Heat Transfer IPO is Dec 06, 2024, and Oct 24, 2024, respectively.
| Nisus Finance IPO | United Heat Transfer IPO | |
|---|---|---|
| Anchor Bid Date | Dec 03, 2024 | Oct 21, 2024 |
| Issue Open | Dec 04, 2024 | Oct 22, 2024 |
| Issue Close | Dec 06, 2024 | Oct 24, 2024 |
| Basis Of Allotment (Tentative) | Dec 09, 2024 | Oct 25, 2024 |
| Initiation of Refunds (Tentative) | Dec 10, 2024 | Oct 28, 2024 |
| Credit of Share (Tentative) | Dec 10, 2024 | Oct 28, 2024 |
| Listing date (Tentative) | Dec 11, 2024 | Oct 29, 2024 |
| Anchor Lockin End date 1 | Jan 08, 2025 | Nov 23, 2024 |
| Anchor Lockin End date 2 | Mar 09, 2025 | Jan 22, 2025 |
Nisus Finance IPO P/E ratio is 14.24, as compared to United Heat Transfer IPO P/E ratio of 13.16.
| Nisus Finance IPO | United Heat Transfer IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Nisus Finance Services Co Limited Financial Information (Restated Consolidated)Nisus Finance Services Co Limited's revenue increased by 266.16% and profit after tax (PAT) rose by 663.29% between the financial year ending with March 31, 2024 and March 31, 2023.
| United Heat Transfer Limited Financial Information (Restated)United Heat Transfer Limited's revenue decreased by -9% and profit after tax (PAT) rose by 195% between the financial year ending with March 31, 2024 and March 31, 2023.
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| Promoter Shareholding (Pre-Issue) | 99.74 | 91.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.22 | 67.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.24 | 13.16 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹429.81 Cr. | ₹112.12 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 109.83% | 8.46% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 101.63% | 10.79% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.23 | 1.12 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹12.64 | ₹4.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 73.09% | 8.46% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Nisus Finance IPO Retail Individual Investors (RII) are offered 20,91,200 shares while in United Heat Transfer IPO retail investors are offered 20,91,200 shares. Qualified Institutional Buyers (QIB) are offered 11,94,400 shares in Nisus Finance IPO and 9,74,000 shares in United Heat Transfer IPO.
| Nisus Finance IPO | United Heat Transfer IPO | |
|---|---|---|
| Anchor Investor Reserveration | 17,89,600 shares | 14,34,000 shares |
| Market Maker Reserveration | 3,51,200 shares | 2,56,000 shares |
| QIB | 11,94,400 shares | 9,74,000 shares |
| NII | 8,96,000 shares | 7,28,000 shares |
| RII | 20,91,200 shares | 16,92,000 shares |
| Employee | 24,000 shares | |
| Others | ||
| Total | 59,95,200 shares | 48,28,000 shares |
Nisus Finance IPO subscribed 192.29x in total, whereas United Heat Transfer IPO subscribed 83.70x.
| Nisus Finance IPO | United Heat Transfer IPO | |
|---|---|---|
| QIB (times) | 93.84x | 26.56x |
| NII (times) | 451.21x | 124.72x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 139.78x | 98.93x |
| Employee (times) | 0.90x | |
| Other (times) | ||
| Total (times) | 192.29x | 83.70x |
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