Innova Captab IPO vs Nova AgriTech IPO

Comparision between Innova Captab IPO and Nova AgriTech IPO.

IPO Details

Innova Captab 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.

	Innova Captab 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	ICICI Securities Limited Jm Financial 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 Innova Captab IPO is up to ₹570.00 Cr whereas the issue size of the Nova AgriTech IPO is up to ₹143.81 Cr. The final issue price of Innova Captab IPO is ₹448.00 per share and of Nova AgriTech IPO is ₹41.00 per share.

	Innova Captab IPO	Nova AgriTech IPO
Face Value	₹10 per share	₹2 per share
Issue Price (Lower)	₹426.00 per share	₹39.00 per share
Issue Price (Upper)	₹448.00 per share	₹41.00 per share
Issue Price (Final)	₹448.00 per share	₹41.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	33 shares	365 shares
Fresh Issue Size	71,42,857 shares	2,73,17,073 shares
Fresh Issue Size (Amount)	up to ₹320.00 Cr	up to ₹112.00 Cr
OFS Issue Size	55,80,357 shares	77,58,620 shares
OFS Issue Size (Amount)	up to ₹250.00 Cr	up to ₹31.81 Cr
Issue Size Total	1,27,23,214 shares	3,50,75,693 shares
Issue Size Total (Amount)	up to ₹570.00 Cr	up to ₹143.81 Cr

IPO Timetable

Innova Captab IPO opens on Dec 21, 2023, while Nova AgriTech IPO opens on Jan 23, 2024. The closing date of Innova Captab IPO and Nova AgriTech IPO is Dec 26, 2023, and Jan 25, 2024, respectively.

	Innova Captab IPO	Nova AgriTech IPO
Anchor Bid Date	Dec 20, 2023	Jan 19, 2024
Issue Open	Dec 21, 2023	Jan 23, 2024
Issue Close	Dec 26, 2023	Jan 25, 2024
Basis Of Allotment (Tentative)	Dec 27, 2023	Jan 29, 2024
Initiation of Refunds (Tentative)	Dec 28, 2023	Jan 30, 2024
Credit of Share (Tentative)	Dec 28, 2023	Jan 30, 2024
Listing date (Tentative)	Dec 29, 2023	Jan 31, 2024
Anchor Lockin End date 1	Jan 26, 2024	Feb 28, 2024
Anchor Lockin End date 2	Mar 26, 2024	Apr 28, 2024

Financials

Innova Captab IPO P/E ratio is 31.64, as compared to Nova AgriTech IPO P/E ratio of 13.05.

Innova Captab IPO

Nova AgriTech IPO

Financial

Innova Captab Limited Financial Information (Restated Consolidated)

Innova Captab Limited's revenue increased by 16.45% and profit after tax (PAT) rose by 6.26% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,086.16	704.41	575.48	369.62
Revenue	234.37	935.58	803.41	412.03
Profit After Tax	17.59	67.95	63.95	34.50
Net Worth	294.27	276.46	208.56	144.78
Reserves and Surplus	317.51	228.51	196.61	132.82
Total Borrowing	441.90	235.19	198.18	45.03
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)

66.85%

84.27%

Promoter Shareholding (Post-Issue)

59.39%

P/E Ratio

31.64

13.05

Market Cap

₹2563.70 Cr.

₹379.33 Cr.

ROE

24.58%%

38.27%%

ROCE

22.61%%

27.25%%

Debt/Equity

0.85

1.11

EPS

₹14.16

₹3.14

RoNW

24.58%%

32.08%%

Shares Offered

In the Innova Captab IPO retail investors (RII) are offered 44,53,125 shares while in Nova AgriTech IPO retail investors are offered 44,53,125 shares. Qualified institutional buyers (QIB) are offered 25,44,643 shares in Innova Captab IPO and 70,15,139 shares in Nova AgriTech IPO.

	Innova Captab IPO	Nova AgriTech IPO
Anchor Investor Reserveration	38,16,963 shares	1,05,22,220 shares
Market Maker Reserveration
QIB	25,44,643 shares	70,15,139 shares
NII	19,08,482 shares	52,61,354 shares
RII	44,53,125 shares	1,22,76,492 shares
Employee	0 shares	0 shares
Others
Total	89,06,250 shares	2,45,52,985 shares

Bids Received (Subscription)

Innova Captab IPO subscribed 55.26x in total, whereas Nova AgriTech IPO subscribed 113.21x.

	Innova Captab IPO	Nova AgriTech IPO
QIB (times)	116.73x	81.13x
NII (times)	64.95x	233.03x
Big NII (times)	71.59x	231.40x
Small NII (times)	51.65x	236.27x
RII (times)	17.15x	80.20x
Employee (times)
Other (times)
Total (times)	55.26x	113.21x

Compare with others

Innova Captab IPO	Nova AgriTech IPO
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Suraj Estate Developers IPO	Azad Engineering IPO
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