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Aditya Ultra Steel IPO vs Namo eWaste Management IPO

Comparision between Aditya Ultra Steel IPO and Namo eWaste Management IPO.

IPO Details

Aditya Ultra Steel IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Namo eWaste Management IPO is a SME Book Built Issue proposed to list at NSE SME.

  Aditya Ultra Steel IPO Namo eWaste Management IPO
Logo Aditya Ultra Steel IPO Logo Namo eWaste Management IPO Logo
Issue Category SME SME
Issue Type IPO IPO
Process Type Book Built Issue Book Built Issue
Listing At NSE SME NSE SME
Lead Managers Swastika Investmart Ltd Hem Securities Limited
Registrar Cameo Corporate Services Limited Maashitla Securities Private Limited
Market Maker Sunflower Broking Private Limited Hem Finlease Private Limited
DRHP DRHP DRHP
RHP RHP RHP
Anchor Investor Anchor Investor
IPO Allotment URL IPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Aditya Ultra Steel IPO is up to ₹45.88 Cr whereas the issue size of the Namo eWaste Management IPO is up to ₹51.20 Cr. The final issue price of Aditya Ultra Steel IPO is ₹62.00 per share and of Namo eWaste Management IPO is ₹85.00 per share.

  Aditya Ultra Steel IPO Namo eWaste Management IPO
Face Value ₹10 per share ₹10 per share
Issue Price (Lower) ₹59.00 per share ₹80.00 per share
Issue Price (Upper) ₹62.00 per share ₹85.00 per share
Issue Price (Final) ₹62.00 per share ₹85.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size 2000 shares 1600 shares
Fresh Issue Size 74,00,000 shares 60,24,000 shares
Fresh Issue Size (Amount) up to ₹45.88 Cr up to ₹51.20 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total 74,00,000 shares 60,24,000 shares
Issue Size Total (Amount) up to ₹45.88 Cr up to ₹51.20 Cr

IPO Timetable

Aditya Ultra Steel IPO opens on Sep 09, 2024, while Namo eWaste Management IPO opens on Sep 04, 2024. The closing date of Aditya Ultra Steel IPO and Namo eWaste Management IPO is Sep 11, 2024, and Sep 06, 2024, respectively.

  Aditya Ultra Steel IPO Namo eWaste Management IPO
Anchor Bid Date Sep 06, 2024 Sep 03, 2024
Issue Open Sep 09, 2024 Sep 04, 2024
Issue Close Sep 11, 2024 Sep 06, 2024
Basis Of Allotment (Tentative) Sep 12, 2024 Sep 09, 2024
Initiation of Refunds (Tentative) Sep 13, 2024 Sep 10, 2024
Credit of Share (Tentative) Sep 13, 2024 Sep 10, 2024
Listing date (Tentative) Sep 16, 2024 Sep 11, 2024
Anchor Lockin End date 1 Oct 12, 2024 Oct 09, 2024
Anchor Lockin End date 2 Dec 11, 2024 Dec 08, 2024

Financials

Aditya Ultra Steel IPO P/E ratio is 13.64, as compared to Namo eWaste Management IPO P/E ratio of 20.96.

  Aditya Ultra Steel IPO Namo eWaste Management IPO
Financial

Aditya Ultra Steel Limited Financial Information (Restated)

Aditya Ultra Steel Limited's revenue increased by 11% and profit after tax (PAT) rose by 185% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets14,752.339,734.659,156.62
Revenue58,856.2953,048.9151,598.34
Profit After Tax792.34277.66488.9
Net Worth3,758.212,865.862,588.2
Reserves and Surplus3,128.62,739.812,462.15
Total Borrowing5,427.074,984.144,695.12
Amount in ₹ Lakhs

Namo eWaste Management Limited Financial Information (Restated Standalone)

Namo eWaste Management Limited's revenue increased by 73% and profit after tax (PAT) rose by 183% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets6,274.743,912.264,174.34
Revenue10,107.625,856.074,509
Profit After Tax682.9241.56180.89
Net Worth3,526.172,814.762,577.21
Reserves and Surplus1,841.822,109.241,871.69
Total Borrowing1,453.24344.73598.1
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue) 97.94% 93.67%
Promoter Shareholding (Post-Issue) 68.76% 68.99%
P/E Ratio 13.64 20.96
Market Cap ₹153.98 Cr. ₹194.37 Cr.
ROE 23.92%% 21.54%%
ROCE 18.75%% 20.71%%
Debt/Equity 1.44 0.41
EPS ₹4.54 ₹4.05
RoNW 21.08%% 19.37%%

Shares Offered

In the Aditya Ultra Steel IPO retail investors (RII) are offered 24,62,000 shares while in Namo eWaste Management IPO retail investors are offered 24,62,000 shares. Qualified institutional buyers (QIB) are offered 35,12,000 shares in Aditya Ultra Steel IPO and 11,44,000 shares in Namo eWaste Management IPO.

  Aditya Ultra Steel IPO Namo eWaste Management IPO
Anchor Investor Reserveration 17,15,200 shares
Market Maker Reserveration 3,70,000 shares 3,02,400 shares
QIB 35,12,000 shares 11,44,000 shares
NII 10,56,000 shares 8,59,200 shares
RII 24,62,000 shares 20,03,200 shares
Employee 0 shares 0 shares
Others
Total 70,30,000 shares 40,06,400 shares

Bids Received (Subscription)

Aditya Ultra Steel IPO subscribed 10.58x in total, whereas Namo eWaste Management IPO subscribed 225.64x.

  Aditya Ultra Steel IPO Namo eWaste Management IPO
QIB (times) 1.21x 151.75x
NII (times) 12.16x 394.20x
Big NII (times)
Small NII (times)
RII (times) 23.26x 195.54x
Employee (times)
Other (times)
Total (times) 10.58x 225.64x

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