ProStocks Logo
Unlimited Trades ₹899 Monthly
www.ProStocks.com
Contact us

Abha Power IPO vs Purple United Sales IPO

Comparison between Abha Power IPO and Purple United Sales IPO.

IPO Details

Abha Power IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Purple United Sales IPO is a SME Bookbuilding proposed to list at NSE SME.

 Abha Power IPOPurple United Sales IPO
LogoAbha Power IPO LogoPurple United Sales IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersHorizon Management Pvt.Ltd.Expert Global Consultants Pvt.Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.Prabhat Financial Services Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Abha Power IPO is up to ₹36.58 Cr whereas the issue size of the Purple United Sales IPO is up to ₹31.16 Cr. The final issue price of Abha Power IPO is ₹75.00 per share and of Purple United Sales IPO is ₹126.00 per share.

 Abha Power IPOPurple United Sales IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹121.00 per share
Issue Price (Upper)₹126.00 per share
Issue Price (Final)₹75.00 per share₹126.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1000 shares
Fresh Issue Size38,76,800 shares24,73,000 shares
Fresh Issue Size (Amount)up to ₹29.08 Crup to ₹31.16 Cr
OFS Issue Size10,00,000 shares0 shares
OFS Issue Size (Amount)up to ₹7.50 Crup to ₹0.00 Cr
Issue Size Total48,76,800 shares24,73,000 shares
Issue Size Total (Amount)up to ₹36.58 Crup to ₹31.16 Cr

IPO Timetable

Abha Power IPO opens on Nov 27, 2024, while Purple United Sales IPO opens on Dec 11, 2024. The closing date of Abha Power IPO and Purple United Sales IPO is Nov 29, 2024, and Dec 13, 2024, respectively.

 Abha Power IPOPurple United Sales IPO
Anchor Bid DateDec 10, 2024
Issue OpenNov 27, 2024Dec 11, 2024
Issue CloseNov 29, 2024Dec 13, 2024
Basis Of Allotment (Tentative)Dec 02, 2024Dec 16, 2024
Initiation of Refunds (Tentative)Dec 03, 2024Dec 17, 2024
Credit of Share (Tentative)Dec 03, 2024Dec 17, 2024
Listing date (Tentative)Dec 04, 2024Dec 18, 2024
Anchor Lockin End date 1Jan 14, 2025
Anchor Lockin End date 2Mar 15, 2025

Financials & KPIs

Abha Power IPO P/E ratio is 28.65, as compared to Purple United Sales IPO P/E ratio of 18.33.

 Abha Power IPOPurple United Sales IPO
Financials

Company Financials (Restated)

Period Ended15 Oct 202431 Mar 202431 Mar 202331 Mar 2022
Assets51.3647.3644.7735.37
Total Income37.5551.8355.1254.98
Profit After Tax3.623.781.40-0.72
NET Worth21.1617.5413.7511.20
Reserves and Surplus6.713.098.946.78
Total Borrowing21.7723.7323.9317.66
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets70.3449.1432.5122.79
Total Income30.5242.9225.7116.56
Profit After Tax3.294.821.491.77
NET Worth23.6917.3410.376.18
Reserves and Surplus16.6810.704.290.64
Total Borrowing33.6725.6311.8711.06
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10087.54
Promoter Shareholding (Post-Issue)72.3563.82
P/E Ratio28.6518.33
Market Cap₹139.41 Cr.₹121.08 Cr.
ROE24.17
ROCE23.6419.35
Debt/Equity1.351.48
EPS₹2.62₹6.87
RoNW24.1727.78

Shares Offered

In the Abha Power IPO Retail Individual Investors (RII) are offered 24,38,400 shares while in Purple United Sales IPO retail investors are offered 24,38,400 shares. Qualified Institutional Buyers (QIB) are offered in Abha Power IPO and 4,95,000 shares in Purple United Sales IPO.

 Abha Power IPOPurple United Sales IPO
Anchor Investor Reservation7,41,000 shares
Market Maker Reservation2,62,400 shares1,31,000 shares
QIB4,95,000 shares
NII24,38,400 shares3,71,000 shares
RII24,38,400 shares8,66,000 shares
Employee
Others
Total48,76,800 shares24,73,000 shares

Bids Received (Subscription)

Abha Power IPO subscribed 17.50x in total, whereas Purple United Sales IPO subscribed 112.12x.

 Abha Power IPOPurple United Sales IPO
QIB (times)86.30x
NII (times)10.07x269.70x
Big NII (times)
Small NII (times)
RII (times)24.93x155.29x
Employee (times)
Other (times)
Total (times)17.50x112.12x

Compare with others

Abha Power IPOPurple United Sales IPO
Toss The Coin IPOYash Highvoltage IPO
Dhanlaxmi Crop Science IPOSupreme Facility Management IPO
Jungle Camps IPOToss The Coin IPO
Purple United Sales IPODhanlaxmi Crop Science IPO
Emerald Tyre Manufacturers IPOJungle Camps IPO
Ganesh Infraworld IPOEmerald Tyre Manufacturers IPO
Agarwal Toughened Glass IPOAbha Power IPO
Apex Ecotech IPOGanesh Infraworld IPO
Rajputana Biodiesel IPOAgarwal Toughened Glass IPO
Rajesh Power IPOApex Ecotech IPO

Compare:

Abha Power IPO Vs Purple United Sales IPO