Comparison between Freshara Agro Exports IPO and Usha Financial IPO.
Freshara Agro Exports IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Usha Financial IPO is a SME Bookbuilding proposed to list at NSE SME.
| Freshara Agro Exports IPO | Usha Financial IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | GYR Capital Advisors Pvt.Ltd. | Unistone Capital Pvt.Ltd. |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | SS Corporate Securities 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 Freshara Agro Exports IPO is up to ₹68.21 Cr whereas the issue size of the Usha Financial IPO is up to ₹93.06 Cr. The final issue price of Freshara Agro Exports IPO is ₹116.00 per share and of Usha Financial IPO is ₹168.00 per share.
| Freshara Agro Exports IPO | Usha Financial IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹110.00 per share | ₹160.00 per share |
| Issue Price (Upper) | ₹116.00 per share | ₹168.00 per share |
| Issue Price (Final) | ₹116.00 per share | ₹168.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 800 shares |
| Fresh Issue Size | 58,80,000 shares | 55,39,200 shares |
| Fresh Issue Size (Amount) | up to ₹68.21 Cr | up to ₹93.06 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 58,80,000 shares | 55,39,200 shares |
| Issue Size Total (Amount) | up to ₹68.21 Cr | up to ₹93.06 Cr |
Freshara Agro Exports IPO opens on Oct 17, 2024, while Usha Financial IPO opens on Oct 24, 2024. The closing date of Freshara Agro Exports IPO and Usha Financial IPO is Oct 21, 2024, and Oct 28, 2024, respectively.
| Freshara Agro Exports IPO | Usha Financial IPO | |
|---|---|---|
| Anchor Bid Date | Oct 16, 2024 | Oct 23, 2024 |
| Issue Open | Oct 17, 2024 | Oct 24, 2024 |
| Issue Close | Oct 21, 2024 | Oct 28, 2024 |
| Basis Of Allotment (Tentative) | Oct 22, 2024 | Oct 29, 2024 |
| Initiation of Refunds (Tentative) | Oct 23, 2024 | Oct 30, 2024 |
| Credit of Share (Tentative) | Oct 23, 2024 | Oct 30, 2024 |
| Listing date (Tentative) | Oct 24, 2024 | Oct 31, 2024 |
| Anchor Lockin End date 1 | Nov 21, 2024 | Nov 28, 2024 |
| Anchor Lockin End date 2 | Jan 20, 2025 | Jan 27, 2025 |
Freshara Agro Exports IPO P/E ratio is 9.04, as compared to Usha Financial IPO P/E ratio of 19.83.
| Freshara Agro Exports IPO | Usha Financial IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Freshara Agro Exports Limited Financial Information (Restated)Freshara Agro Exports Limited's revenue increased by 56% and profit after tax (PAT) rose by 140% between the financial year ending with March 31, 2024 and March 31, 2023.
| Usha Financial Services Limited Financial Information (Restated)Usha Financial Services Limited's revenue increased by 38% and profit after tax (PAT) rose by 32% between the financial year ending with March 31, 2024 and March 31, 2023.
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| Promoter Shareholding (Pre-Issue) | 86.50 | 98.91 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.24 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.04 | 19.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹272.59 Cr. | ₹365.19 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 9.29% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 12.31% | 12.02% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.77 | 1.70 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹12.84 | ₹8.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 29.67% | 9.29% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Freshara Agro Exports IPO Retail Individual Investors (RII) are offered 20,59,200 shares while in Usha Financial IPO retail investors are offered 20,59,200 shares. Qualified Institutional Buyers (QIB) are offered 11,76,000 shares in Freshara Agro Exports IPO and 11,08,000 shares in Usha Financial IPO.
| Freshara Agro Exports IPO | Usha Financial IPO | |
|---|---|---|
| Anchor Investor Reserveration | 17,61,600 shares | 16,60,800 shares |
| Market Maker Reserveration | 6,19,200 shares | 3,20,800 shares |
| QIB | 11,76,000 shares | 11,08,000 shares |
| NII | 8,83,200 shares | 8,31,200 shares |
| RII | 20,59,200 shares | 19,39,200 shares |
| Employee | ||
| Others | ||
| Total | 58,80,000 shares | 55,39,200 shares |
Freshara Agro Exports IPO subscribed 236.80x in total, whereas Usha Financial IPO subscribed 19.37x.
| Freshara Agro Exports IPO | Usha Financial IPO | |
|---|---|---|
| QIB (times) | 129.22x | 10.04x |
| NII (times) | 510.61x | 28.55x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 180.80x | 20.76x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 236.80x | 19.37x |
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