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IBL Finance IPO vs New Swan Multitech IPO

Comparision between IBL Finance IPO and New Swan Multitech IPO.

IPO Details

IBL Finance IPO is a SME Book Built Issue IPO proposed to list at NSE SME while New Swan Multitech IPO is a SME Book Built Issue proposed to list at BSE SME.

  IBL Finance IPO New Swan Multitech IPO
Logo IBL Finance IPO Logo New Swan Multitech IPO Logo
Issue Category SME SME
Issue Type IPO IPO
Process Type Fixed Price Issue Book Built Issue
Listing At NSE SME BSE SME
Lead Managers Fedex Securities Pvt Ltd Hem Securities Limited

Share India Capital Services Private Limited
Registrar Bigshare Services Pvt Ltd Bigshare Services Pvt Ltd
Market Maker Market-Hub Stock 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 IBL Finance IPO is up to ₹33.41 Cr whereas the issue size of the New Swan Multitech IPO is up to ₹33.11 Cr. The final issue price of IBL Finance IPO is ₹51.00 per share and of New Swan Multitech IPO is ₹66.00 per share.

  IBL Finance IPO New Swan Multitech IPO
Face Value ₹10 per share ₹10 per share
Issue Price (Lower) ₹62.00 per share
Issue Price (Upper) ₹66.00 per share
Issue Price (Final) ₹51.00 per share ₹66.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size 2000 shares 2000 shares
Fresh Issue Size 65,50,000 shares 50,16,000 shares
Fresh Issue Size (Amount) up to ₹33.41 Cr up to ₹33.11 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total 65,50,000 shares 50,16,000 shares
Issue Size Total (Amount) up to ₹33.41 Cr up to ₹33.11 Cr

IPO Timetable

IBL Finance IPO opens on Jan 09, 2024, while New Swan Multitech IPO opens on Jan 11, 2024. The closing date of IBL Finance IPO and New Swan Multitech IPO is Jan 11, 2024, and Jan 15, 2024, respectively.

  IBL Finance IPO New Swan Multitech IPO
Anchor Bid Date Jan 10, 2024
Issue Open Jan 09, 2024 Jan 11, 2024
Issue Close Jan 11, 2024 Jan 15, 2024
Basis Of Allotment (Tentative) Jan 12, 2024 Jan 16, 2024
Initiation of Refunds (Tentative) Jan 15, 2024 Jan 17, 2024
Credit of Share (Tentative) Jan 15, 2024 Jan 17, 2024
Listing date (Tentative) Jan 16, 2024 Jan 18, 2024
Anchor Lockin End date 1 Feb 11, 2024 Feb 15, 2024
Anchor Lockin End date 2 Apr 11, 2024 Apr 15, 2024

Financials

IBL Finance IPO P/E ratio is 48.08, as compared to New Swan Multitech IPO P/E ratio of 9.32.

  IBL Finance IPO New Swan Multitech IPO
Financial

IBL Finance Limited Financial Information (Restated)

IBL Finance Limited's revenue increased by 307.59% and profit after tax (PAT) rose by 351.28% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Jul 202331 Mar 202331 Mar 202231 Mar 2021
Assets2,317.602,218.111,022.85339.10
Revenue492.581,333.13327.08112.59
Profit After Tax120.60192.8342.73-9.88
Net Worth2,169.342,048.74355.47312.73
Reserves and Surplus351.271,139.7129.47-13.27
Total Borrowing7.519.12640.58
Amount in ₹ Lakhs

New Swan Multitech Limited Financial Information (Restated)

New Swan Multitech Limited's revenue increased by 4.05% and profit after tax (PAT) rose by 173.15% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets13,801.1012,876.4312,348.8011,769.68
Revenue7,788.2115,142.1714,552.4014,960.55
Profit After Tax497.53991.93363.14342.63
Net Worth3,479.282,981.751,989.821,626.68
Reserves and Surplus2,079.262,631.741,639.811,276.67
Total Borrowing4,799.123,915.704,800.594,580.55
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue) 85.55% 100%
Promoter Shareholding (Post-Issue) 62.89% 73.62%
P/E Ratio 48.08 9.32
Market Cap ₹126.13 Cr. ₹125.51 Cr.
ROE 9.41%% 33.27%%
ROCE 18.88%% 24.86%%
Debt/Equity 0 1.31
EPS ₹1.06 ₹7.09
RoNW 9.41%% 33.27%%

Shares Offered

In the IBL Finance IPO retail investors (RII) are offered 31,10,000 shares while in New Swan Multitech IPO retail investors are offered 31,10,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in IBL Finance IPO and 9,52,000 shares in New Swan Multitech IPO.

  IBL Finance IPO New Swan Multitech IPO
Anchor Investor Reserveration 14,28,000 shares
Market Maker Reserveration 3,30,000 shares 2,56,000 shares
QIB 0 shares 9,52,000 shares
NII 31,10,000 shares 7,14,000 shares
RII 31,10,000 shares 16,66,000 shares
Employee 0 shares 0 shares
Others
Total 62,20,000 shares 33,32,000 shares

Bids Received (Subscription)

IBL Finance IPO subscribed 17.00x in total, whereas New Swan Multitech IPO subscribed 384.26x.

  IBL Finance IPO New Swan Multitech IPO
QIB (times) 110.69x
NII (times) 9.94x 739.72x
Big NII (times)
Small NII (times)
RII (times) 24.03x 388.23x
Employee (times)
Other (times)
Total (times) 17.00x 384.26x

1 Comments

1. Sekar r   I Like It. |Report Abuse|  Link|January 10, 2024 4:37:07 PMReply
It looks Jyoti ipo seems to be safe for retail investors