Comparison between Polysil Irrigation Systems IPO and Wise Travel IPO.
Polysil Irrigation Systems IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Wise Travel IPO is a SME Bookbuilding proposed to list at NSE SME.
| Polysil Irrigation Systems IPO | Wise Travel IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Fedex Securities Pvt.Ltd. | Share India Capital Services Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Beetal Financial & Computer Services Pvt.Ltd. |
| Market Maker | Market-Hub Stock Broking Pvt.Ltd. | Share India Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Polysil Irrigation Systems IPO is up to ₹16.55 Cr whereas the issue size of the Wise Travel IPO is up to ₹88.24 Cr. The final issue price of Polysil Irrigation Systems IPO is ₹54.00 per share and of Wise Travel IPO is ₹147.00 per share.
| Polysil Irrigation Systems IPO | Wise Travel IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹140.00 per share | |
| Issue Price (Upper) | ₹147.00 per share | |
| Issue Price (Final) | ₹54.00 per share | ₹147.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 2000 shares | 1000 shares |
| Fresh Issue Size | 12,80,000 shares | 60,03,000 shares |
| Fresh Issue Size (Amount) | up to ₹6.91 Cr | up to ₹88.24 Cr |
| OFS Issue Size | 17,84,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹9.63 Cr | up to ₹0.00 Cr |
| Issue Size Total | 30,64,000 shares | 60,03,000 shares |
| Issue Size Total (Amount) | up to ₹16.55 Cr | up to ₹88.24 Cr |
Polysil Irrigation Systems IPO opens on Feb 08, 2024, while Wise Travel IPO opens on Feb 12, 2024. The closing date of Polysil Irrigation Systems IPO and Wise Travel IPO is Feb 13, 2024, and Feb 14, 2024, respectively.
| Polysil Irrigation Systems IPO | Wise Travel IPO | |
|---|---|---|
| Anchor Bid Date | Feb 09, 2024 | |
| Issue Open | Feb 08, 2024 | Feb 12, 2024 |
| Issue Close | Feb 13, 2024 | Feb 14, 2024 |
| Basis Of Allotment (Tentative) | Feb 14, 2024 | Feb 15, 2024 |
| Initiation of Refunds (Tentative) | Feb 15, 2024 | Feb 16, 2024 |
| Credit of Share (Tentative) | Feb 15, 2024 | Feb 16, 2024 |
| Listing date (Tentative) | Feb 16, 2024 | Feb 19, 2024 |
| Anchor Lockin End date 1 | Mar 16, 2024 | |
| Anchor Lockin End date 2 | May 15, 2024 |
Polysil Irrigation Systems IPO P/E ratio is 47.08, as compared to Wise Travel IPO P/E ratio of 24.81.
| Polysil Irrigation Systems IPO | Wise Travel IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Polysil Irrigation Systems Limited Financial Information (Restated)Polysil Irrigation Systems Limited's revenue increased by 16.6% and profit after tax (PAT) rose by 236.39% between the financial year ending with March 31, 2023 and March 31, 2022.
| Wise Travel India Limited Financial Information (Restated)Wise Travel India Limited's revenue increased by 178.67% and profit after tax (PAT) rose by 172.5% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 33.79 | 95.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 29.49 | 69.76 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 47.08 | 24.81 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹61.24 Cr. | ₹350.03 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 7.39% | 29.79% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 12.81% | 22.90% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.01 | 0.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.15 | ₹5.91 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 7.39% | 25.28% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Polysil Irrigation Systems IPO Retail Individual Investors (RII) are offered 15,32,000 shares while in Wise Travel IPO retail investors are offered 15,32,000 shares. Qualified Institutional Buyers (QIB) are offered in Polysil Irrigation Systems IPO and 11,91,000 shares in Wise Travel IPO.
| Polysil Irrigation Systems IPO | Wise Travel IPO | |
|---|---|---|
| Anchor Investor Reserveration | 17,85,000 shares | |
| Market Maker Reserveration | 1,64,000 shares | 4,38,000 shares |
| QIB | 11,91,000 shares | |
| NII | 15,32,000 shares | 8,94,000 shares |
| RII | 15,32,000 shares | 20,84,000 shares |
| Employee | 49,000 shares | |
| Others | ||
| Total | 30,64,000 shares | 60,03,000 shares |
Polysil Irrigation Systems IPO subscribed 6.88x in total, whereas Wise Travel IPO subscribed 163.46x.
| Polysil Irrigation Systems IPO | Wise Travel IPO | |
|---|---|---|
| QIB (times) | 106.69x | |
| NII (times) | 2.12x | 375.56x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 11.62x | 108.76x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 6.88x | 163.46x |
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