Apeejay Surrendra Park IPO vs Nova AgriTech IPO

Comparision between Apeejay Surrendra Park IPO and Nova AgriTech IPO.

IPO Details

Apeejay Surrendra Park 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.

	Apeejay Surrendra Park 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	Jm Financial Limited ICICI Securities Limited Axis Capital Limited	Keynote Financial Services Ltd Bajaj Capital Limited
Registrar	Link Intime India Private Ltd	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 Apeejay Surrendra Park IPO is up to ₹920.00 Cr whereas the issue size of the Nova AgriTech IPO is up to ₹143.81 Cr. The final issue price of Apeejay Surrendra Park IPO is ₹155.00 per share and of Nova AgriTech IPO is ₹41.00 per share.

	Apeejay Surrendra Park IPO	Nova AgriTech IPO
Face Value	₹1 per share	₹2 per share
Issue Price (Lower)	₹147.00 per share	₹39.00 per share
Issue Price (Upper)	₹155.00 per share	₹41.00 per share
Issue Price (Final)	₹155.00 per share	₹41.00 per share
Discount (Retail)
Discount (Employee)	₹7.00 per share
Market Lot Size	96 shares	365 shares
Fresh Issue Size	3,87,09,677 shares	2,73,17,073 shares
Fresh Issue Size (Amount)	up to ₹600.00 Cr	up to ₹112.00 Cr
OFS Issue Size	2,06,45,161 shares	77,58,620 shares
OFS Issue Size (Amount)	up to ₹320.00 Cr	up to ₹31.81 Cr
Issue Size Total	5,93,54,838 shares	3,50,75,693 shares
Issue Size Total (Amount)	up to ₹920.00 Cr	up to ₹143.81 Cr

IPO Timetable

Apeejay Surrendra Park IPO opens on Feb 05, 2024, while Nova AgriTech IPO opens on Jan 23, 2024. The closing date of Apeejay Surrendra Park IPO and Nova AgriTech IPO is Feb 07, 2024, and Jan 25, 2024, respectively.

	Apeejay Surrendra Park IPO	Nova AgriTech IPO
Anchor Bid Date	Feb 02, 2024	Jan 19, 2024
Issue Open	Feb 05, 2024	Jan 23, 2024
Issue Close	Feb 07, 2024	Jan 25, 2024
Basis Of Allotment (Tentative)	Feb 08, 2024	Jan 29, 2024
Initiation of Refunds (Tentative)	Feb 09, 2024	Jan 30, 2024
Credit of Share (Tentative)	Feb 09, 2024	Jan 30, 2024
Listing date (Tentative)	Feb 12, 2024	Jan 31, 2024
Anchor Lockin End date 1	Mar 09, 2024	Feb 28, 2024
Anchor Lockin End date 2	May 08, 2024	Apr 28, 2024

Financials

Apeejay Surrendra Park IPO P/E ratio is 56.33, as compared to Nova AgriTech IPO P/E ratio of 13.05.

Apeejay Surrendra Park IPO

Nova AgriTech IPO

Financial

Apeejay Surrendra Park Hotels Limited Financial Information (Restated Consolidated)

Apeejay Surrendra Park Hotels Limited's revenue increased by 95.81% and profit after tax (PAT) rose by 270.42% 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	1,382.51	1,361.79	1,275.18	1,280.34
Revenue	272.31	524.43	267.83	190.29
Profit After Tax	22.95	48.06	-28.20	-75.88
Net Worth	578.71	555.68	508.51	536.28
Reserves and Surplus	561.24	538.22	491.05	518.81
Total Borrowing	597.09	566.88	622.68	593.44
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)

94.18%

84.27%

Promoter Shareholding (Post-Issue)

68.13%

59.39%

P/E Ratio

56.33

13.05

Market Cap

₹3307.26 Cr.

₹379.33 Cr.

ROE

38.27%%

ROCE

27.25%%

Debt/Equity

0.99

1.11

EPS

₹2.75

₹3.14

RoNW

9.03%%

32.08%%

Shares Offered

In the Apeejay Surrendra Park IPO retail investors (RII) are offered 58,70,968 shares while in Nova AgriTech IPO retail investors are offered 58,70,968 shares. Qualified institutional buyers (QIB) are offered 1,76,12,903 shares in Apeejay Surrendra Park IPO and 70,15,139 shares in Nova AgriTech IPO.

	Apeejay Surrendra Park IPO	Nova AgriTech IPO
Anchor Investor Reserveration	2,64,19,354 shares	1,05,22,220 shares
Market Maker Reserveration
QIB	1,76,12,903 shares	70,15,139 shares
NII	88,06,452 shares	52,61,354 shares
RII	58,70,968 shares	1,22,76,492 shares
Employee	6,75,675 shares	0 shares
Others
Total	3,29,65,998 shares	2,45,52,985 shares

Bids Received (Subscription)

Apeejay Surrendra Park IPO subscribed 62.91x in total, whereas Nova AgriTech IPO subscribed 113.21x.

	Apeejay Surrendra Park IPO	Nova AgriTech IPO
QIB (times)	79.23x	81.13x
NII (times)	55.26x	233.03x
Big NII (times)	61.55x	231.40x
Small NII (times)	42.68x	236.27x
RII (times)	32.00x	80.20x
Employee (times)	5.73x
Other (times)
Total (times)	62.91x	113.21x

Compare with others

Apeejay Surrendra Park IPO	Nova AgriTech IPO
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R K SWAMY IPO	Innova Captab IPO
EPACK Durable IPO	Azad Engineering IPO
Nova AgriTech IPO	Mufti Menswear IPO

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