Pace E-Commerce Ventures IPO vs Swastik Pipe IPO

Comparision between Pace E-Commerce Ventures IPO and Swastik Pipe IPO.

IPO Details

Pace E-Commerce Ventures IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Swastik Pipe IPO is a SME Book Built Issue proposed to list at NSE SME.

	Pace E-Commerce Ventures IPO	Swastik Pipe IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Interactive Financial Services Ltd	Corporate Capitalventures Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Skyline Financial Services Private Ltd
Market Maker
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 Pace E-Commerce Ventures IPO is up to ₹66.53 Cr whereas the issue size of the Swastik Pipe IPO is up to ₹62.52 Cr. The final issue price of Pace E-Commerce Ventures IPO is ₹103.00 per share and of Swastik Pipe IPO is ₹100.00 per share.

	Pace E-Commerce Ventures IPO	Swastik Pipe IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹97.00 per share
Issue Price (Upper)		₹100.00 per share
Issue Price (Final)	₹103.00 per share	₹100.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	1200 shares
Fresh Issue Size	40,00,000 shares	62,52,000 shares
Fresh Issue Size (Amount)	up to ₹41.20 Cr	up to ₹62.52 Cr
OFS Issue Size	24,59,600 shares
OFS Issue Size (Amount)	up to ₹25.33 Cr
Issue Size Total	64,59,600 shares	62,52,000 shares
Issue Size Total (Amount)	up to ₹66.53 Cr	up to ₹62.52 Cr

IPO Timetable

Pace E-Commerce Ventures IPO opens on Sep 29, 2022, while Swastik Pipe IPO opens on Sep 29, 2022. The closing date of Pace E-Commerce Ventures IPO and Swastik Pipe IPO is Oct 13, 2022, and Oct 03, 2022, respectively.

	Pace E-Commerce Ventures IPO	Swastik Pipe IPO
Anchor Bid Date
Issue Open	Sep 29, 2022	Sep 29, 2022
Issue Close	Oct 13, 2022	Oct 03, 2022
Basis Of Allotment (Tentative)	Oct 18, 2022	Oct 07, 2022
Initiation of Refunds (Tentative)	Oct 19, 2022	Oct 10, 2022
Credit of Share (Tentative)	Oct 20, 2022	Oct 11, 2022
Listing date (Tentative)	Oct 20, 2022	Oct 12, 2022
Anchor Lockin End date 1	Nov 17, 2022	Nov 06, 2022
Anchor Lockin End date 2	Jan 16, 2023	Jan 05, 2023

Financials

Pace E-Commerce Ventures IPO P/E ratio is 429.16, as compared to Swastik Pipe IPO P/E ratio of 11.38.

Pace E-Commerce Ventures IPO

Swastik Pipe IPO

Financial

Pace E-Commerce Ventures Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	157.97	150.42	0.34	7.24	6.24
31-Mar-21	2786.01	171.89	7.18	2595.32	6.24
31-Mar-22	3241.71	1054.15	54.12	2649.44	817.54
Amount in ₹ Lakhs

Swastik Pipe Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-19	35607.65	72756.38	467.97	9370.13	8450.03
31-Mar-20	33650.76	65807.21	-1389.25	7980.91	7060.78
31-Mar-21	33625.88	52383.88	148.64	8129.51	7209.42
31-Mar-22	34127.21	61219.77	2041.11	14169.42	12471.47
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

91.12%

88.27%

Promoter Shareholding (Post-Issue)

65%

64.51%

P/E Ratio

429.16

11.38

Market Cap

₹232.10 Cr.

₹232.32 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Pace E-Commerce Ventures IPO retail investors (RII) are offered 30,63,600 shares while in Swastik Pipe IPO retail investors are offered 30,63,600 shares. Qualified institutional buyers (QIB) are offered in Pace E-Commerce Ventures IPO and in Swastik Pipe IPO.

	Pace E-Commerce Ventures IPO	Swastik Pipe IPO
Anchor Investor Reserveration
Market Maker Reserveration	3,32,400 shares	3,14,400 shares
QIB
NII	30,63,600 shares	29,68,800 shares
RII	30,63,600 shares	29,68,800 shares
Employee
Others
Total	61,27,200 shares	59,37,600 shares

Bids Received (Subscription)

Pace E-Commerce Ventures IPO subscribed 1.14x in total, whereas Swastik Pipe IPO subscribed 1.35x.

	Pace E-Commerce Ventures IPO	Swastik Pipe IPO
QIB (times)
NII (times)	1.72x	1.37x
Big NII (times)
Small NII (times)
RII (times)	0.55x	1.33x
Employee (times)
Other (times)
Total (times)	1.14x	1.35x

Compare with others

Pace E-Commerce Ventures IPO	Swastik Pipe IPO
Integrated Personnel Services IPO	Technopack Polymers IPO
Technopack Polymers IPO	Vital Chemtech IPO
Vital Chemtech IPO	Phantom Digital Effects IPO
Phantom Digital Effects IPO	Frog Cellsat IPO
Frog Cellsat IPO	Pace E-Commerce Ventures IPO
Swastik Pipe IPO	Trident Lifeline IPO
Trident Lifeline IPO	Steelman Telecom IPO
Steelman Telecom IPO	Reetech International Cargo IPO
Reetech International Cargo IPO	Cargotrans Maritime IPO
Cargotrans Maritime IPO	Vedant Asset IPO

Comments

Add a public comment...