EPACK Durable IPO vs Nova AgriTech IPO

Comparision between EPACK Durable IPO and Nova AgriTech IPO.

IPO Details

EPACK Durable IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Nova AgriTech IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	EPACK Durable IPO	Nova AgriTech IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Axis Capital Limited Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) ICICI Securities Limited	Keynote Financial Services Ltd Bajaj Capital Limited
Registrar	Kfin Technologies Limited	Bigshare Services Pvt Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of EPACK Durable IPO is up to ₹640.05 Cr whereas the issue size of the Nova AgriTech IPO is up to ₹143.81 Cr. The final issue price of EPACK Durable IPO is ₹230.00 per share and of Nova AgriTech IPO is ₹41.00 per share.

	EPACK Durable IPO	Nova AgriTech IPO
Face Value	₹10 per share	₹2 per share
Issue Price (Lower)	₹218.00 per share	₹39.00 per share
Issue Price (Upper)	₹230.00 per share	₹41.00 per share
Issue Price (Final)	₹230.00 per share	₹41.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	65 shares	365 shares
Fresh Issue Size	1,73,91,304 shares	2,73,17,073 shares
Fresh Issue Size (Amount)	up to ₹400.00 Cr	up to ₹112.00 Cr
OFS Issue Size	1,04,37,047 shares	77,58,620 shares
OFS Issue Size (Amount)	up to ₹240.05 Cr	up to ₹31.81 Cr
Issue Size Total	2,78,28,351 shares	3,50,75,693 shares
Issue Size Total (Amount)	up to ₹640.05 Cr	up to ₹143.81 Cr

IPO Timetable

EPACK Durable IPO opens on Jan 19, 2024, while Nova AgriTech IPO opens on Jan 23, 2024. The closing date of EPACK Durable IPO and Nova AgriTech IPO is Jan 24, 2024, and Jan 25, 2024, respectively.

	EPACK Durable IPO	Nova AgriTech IPO
Anchor Bid Date	Jan 18, 2024	Jan 19, 2024
Issue Open	Jan 19, 2024	Jan 23, 2024
Issue Close	Jan 24, 2024	Jan 25, 2024
Basis Of Allotment (Tentative)	Jan 25, 2024	Jan 29, 2024
Initiation of Refunds (Tentative)	Jan 29, 2024	Jan 30, 2024
Credit of Share (Tentative)	Jan 29, 2024	Jan 30, 2024
Listing date (Tentative)	Jan 30, 2024	Jan 31, 2024
Anchor Lockin End date 1	Feb 24, 2024	Feb 28, 2024
Anchor Lockin End date 2	Apr 24, 2024	Apr 28, 2024

Financials

EPACK Durable IPO P/E ratio is 56.4, as compared to Nova AgriTech IPO P/E ratio of 13.05.

EPACK Durable IPO

Nova AgriTech IPO

Financial

EPACK Durable Limited Financial Information (Restated)

EPACK Durable Limited's revenue increased by 66.09% and profit after tax (PAT) rose by 83.39% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,071.45	1,464.16	1,076.68	520.37
Revenue	616.32	1,540.25	927.34	739.66
Profit After Tax	2.65	31.97	17.43	7.80
Net Worth	478.31	313.62	121.87	68.91
Total Borrowing	369.57	492.45	383.98	238.56
Amount in ₹ Crore

Nova AgriTech Limited Financial Information (Restated Consolidated)

Period Ended	30 Sep 2023	31 Mar 2023	22 Mar 2022	31 Mar 2021
Assets	196.37	180.78	160.30	147.44
Revenue	103.24	210.93	185.61	160.93
Profit After Tax	10.38	20.49	13.69	6.30
Net Worth	74.23	63.88	43.19	29.43
Reserves and Surplus	60.97	50.59	30.10	16.41
Total Borrowing	68.50	70.96	64.27	51.10
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

85.49%

84.27%

Promoter Shareholding (Post-Issue)

65.36%

59.39%

P/E Ratio

56.4

13.05

Market Cap

₹2203.37 Cr.

₹379.33 Cr.

ROE

14.68%%

38.27%%

ROCE

11.85%%

27.25%%

Debt/Equity

1.58

1.11

EPS

₹4.08

₹3.14

RoNW

14.68%%

32.08%%

Shares Offered

In the EPACK Durable IPO retail investors (RII) are offered 97,39,923 shares while in Nova AgriTech IPO retail investors are offered 97,39,923 shares. Qualified institutional buyers (QIB) are offered 55,65,670 shares in EPACK Durable IPO and 70,15,139 shares in Nova AgriTech IPO.

	EPACK Durable IPO	Nova AgriTech IPO
Anchor Investor Reserveration	83,48,504 shares	1,05,22,220 shares
Market Maker Reserveration
QIB	55,65,670 shares	70,15,139 shares
NII	41,74,253 shares	52,61,354 shares
RII	97,39,923 shares	1,22,76,492 shares
Employee	0 shares	0 shares
Others
Total	1,94,79,846 shares	2,45,52,985 shares

Bids Received (Subscription)

EPACK Durable IPO subscribed 16.79x in total, whereas Nova AgriTech IPO subscribed 113.21x.

	EPACK Durable IPO	Nova AgriTech IPO
QIB (times)	25.59x	81.13x
NII (times)	29.07x	233.03x
Big NII (times)	31.60x	231.40x
Small NII (times)	21.74x	236.27x
RII (times)	6.50x	80.20x
Employee (times)
Other (times)
Total (times)	16.79x	113.21x

Compare with others

EPACK Durable IPO	Nova AgriTech IPO
Platinum Industries IPO	Apeejay Surrendra Park IPO
Apeejay Surrendra Park IPO	Rashi Peripherals IPO
Rashi Peripherals IPO	BLS E-Services IPO
BLS E-Services IPO	R K SWAMY IPO
R K SWAMY IPO	EPACK Durable IPO
Nova AgriTech IPO	Medi Assist Healthcare IPO
Medi Assist Healthcare IPO	Jyoti CNC Automation IPO
Jyoti CNC Automation IPO	Innova Captab IPO
Innova Captab IPO	Azad Engineering IPO
Azad Engineering IPO	Mufti Menswear IPO

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