Euphoria Infotech India IPO vs Qualitek Labs IPO

Comparision between Euphoria Infotech India IPO and Qualitek Labs IPO.

IPO Details

Euphoria Infotech India IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Qualitek Labs IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Euphoria Infotech India IPO	Qualitek Labs IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Khandwala Securities Limited	Oneview Corporate Advisors Private Limited
Registrar	Mas Services Limited	Skyline Financial Services Private Ltd
Market Maker	Giriraj Stock Broking Private Limited	Nikunj Stock Brokers Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Euphoria Infotech India IPO is up to ₹9.60 Cr whereas the issue size of the Qualitek Labs IPO is up to ₹19.64 Cr. The final issue price of Euphoria Infotech India IPO is ₹100.00 per share and of Qualitek Labs IPO is ₹100.00 per share.

	Euphoria Infotech India IPO	Qualitek Labs IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹96.00 per share
Issue Price (Upper)	₹100.00 per share
Issue Price (Final)	₹100.00 per share	₹100.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	1200 shares
Fresh Issue Size	9,60,000 shares	19,64,400 shares
Fresh Issue Size (Amount)	up to ₹9.60 Cr	up to ₹19.64 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	9,60,000 shares	19,64,400 shares
Issue Size Total (Amount)	up to ₹9.60 Cr	up to ₹19.64 Cr

IPO Timetable

Euphoria Infotech India IPO opens on Jan 19, 2024, while Qualitek Labs IPO opens on Jan 18, 2024. The closing date of Euphoria Infotech India IPO and Qualitek Labs IPO is Jan 24, 2024, and Jan 23, 2024, respectively.

	Euphoria Infotech India IPO	Qualitek Labs IPO
Anchor Bid Date
Issue Open	Jan 19, 2024	Jan 18, 2024
Issue Close	Jan 24, 2024	Jan 23, 2024
Basis Of Allotment (Tentative)	Jan 25, 2024	Jan 24, 2024
Initiation of Refunds (Tentative)	Jan 29, 2024	Jan 25, 2024
Credit of Share (Tentative)	Jan 29, 2024	Jan 25, 2024
Listing date (Tentative)	Jan 30, 2024	Jan 29, 2024
Anchor Lockin End date 1	Feb 24, 2024	Feb 23, 2024
Anchor Lockin End date 2	Apr 24, 2024	Apr 23, 2024

Financials

Euphoria Infotech India IPO P/E ratio is 14.97, as compared to Qualitek Labs IPO P/E ratio of 18.21.

Euphoria Infotech India IPO

Qualitek Labs IPO

Financial

Euphoria Infotech India Limited Financial Information (Restated Consolidated)

Euphoria Infotech India Limited's revenue increased by 49.34% and profit after tax (PAT) rose by 551.71% 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	966.21	832.64	626.71	709.59
Revenue	365.61	737.56	493.87	556.14
Profit After Tax	60.49	129.69	19.90	26.17
Net Worth	470.64	410.15	280.46	260.56
Reserves and Surplus	276.45	215.96	279.17	259.27
Total Borrowing	213.22	155.09	123.06	119.69
Amount in ₹ Lakhs

Qualitek Labs Limited Financial Information (Restated Standalone)

Qualitek Labs Limited's revenue increased by 61.03% and profit after tax (PAT) rose by 161.43% 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	4,409.68	3,955.61	2,219.86	1,459.88
Revenue	1,250.74	1,935.13	1,201.73	637.44
Profit After Tax	200.93	296.91	113.57	46.11
Net Worth	1,187.46	986.52	189.61	-22.96
Reserves and Surplus	646.71	445.77	143.61	-23.96
Total Borrowing	2,499.59	2,344.67	1,728.68	1,121.82
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

99.99%

Promoter Shareholding (Post-Issue)

73.35%

P/E Ratio

14.97

18.21

Market Cap

₹29.02 Cr.

₹73.72 Cr.

ROE

38%%

50.49%%

ROCE

49%%

13.76%%

Debt/Equity

0.38

EPS

₹6.68

₹5.49

RoNW

31.62%%

30.10%%

Shares Offered

In the Euphoria Infotech India IPO retail investors (RII) are offered 6,19,200 shares while in Qualitek Labs IPO retail investors are offered 6,19,200 shares. Qualified institutional buyers (QIB) are offered 27,600 shares in Euphoria Infotech India IPO and 0 shares in Qualitek Labs IPO.

	Euphoria Infotech India IPO	Qualitek Labs IPO
Anchor Investor Reserveration
Market Maker Reserveration	48,000 shares	99,600 shares
QIB	27,600 shares	0 shares
NII	2,65,200 shares	9,32,400 shares
RII	6,19,200 shares	9,32,400 shares
Employee	0 shares	0 shares
Others
Total	9,12,000 shares	18,64,800 shares

Bids Received (Subscription)

Euphoria Infotech India IPO subscribed 383.86x in total, whereas Qualitek Labs IPO subscribed 58.95x.

	Euphoria Infotech India IPO	Qualitek Labs IPO
QIB (times)	413.26x
NII (times)	280.88x	69.37x
Big NII (times)
Small NII (times)
RII (times)	426.65x	39.23x
Employee (times)
Other (times)
Total (times)	383.86x	58.95x

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