City Crops Agro IPO vs WomanCart IPO

Comparision between City Crops Agro IPO and WomanCart IPO.

IPO Details

City Crops Agro IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while WomanCart IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	City Crops Agro IPO	WomanCart IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Turnaround Corporate Advisors Private Limited	Narnolia Financial Services Ltd
Registrar	Skyline Financial Services Private Ltd	Maashitla Securities Private Limited
Market Maker	Mnm Stock Broking Private Limited	Nikunj Stock Brokers Limited
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 City Crops Agro IPO is up to ₹15.00 Cr whereas the issue size of the WomanCart IPO is up to ₹9.56 Cr. The final issue price of City Crops Agro IPO is ₹25.00 per share and of WomanCart IPO is ₹86.00 per share.

	City Crops Agro IPO	WomanCart IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹25.00 per share	₹86.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	6000 shares	1600 shares
Fresh Issue Size	60,00,000 shares	11,12,000 shares
Fresh Issue Size (Amount)	up to ₹15.00 Cr	up to ₹9.56 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	60,00,000 shares	11,12,000 shares
Issue Size Total (Amount)	up to ₹15.00 Cr	up to ₹9.56 Cr

IPO Timetable

City Crops Agro IPO opens on Sep 26, 2023, while WomanCart IPO opens on Oct 16, 2023. The closing date of City Crops Agro IPO and WomanCart IPO is Sep 29, 2023, and Oct 18, 2023, respectively.

	City Crops Agro IPO	WomanCart IPO
Anchor Bid Date
Issue Open	Sep 26, 2023	Oct 16, 2023
Issue Close	Sep 29, 2023	Oct 18, 2023
Basis Of Allotment (Tentative)	Oct 05, 2023	Oct 23, 2023
Initiation of Refunds (Tentative)	Oct 06, 2023	Oct 25, 2023
Credit of Share (Tentative)	Oct 09, 2023	Oct 26, 2023
Listing date (Tentative)	Oct 10, 2023	Oct 27, 2023
Anchor Lockin End date 1	Nov 04, 2023	Nov 22, 2023
Anchor Lockin End date 2	Jan 03, 2024	Jan 21, 2024

Financials

City Crops Agro IPO P/E ratio is 22.03, as compared to WomanCart IPO P/E ratio of 50.67.

City Crops Agro IPO

WomanCart IPO

Financial

City Crops Agro IPO Financial Information (Restated Standalone)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	246.99	1,298.96	1,402.71
Revenue	348.90	1,775.69	2,462.50
Profit After Tax	4.32	48.41	117.08
Net Worth	5.08	1,077.14	1,194.25
Reserves and Surplus	4.08	45.50	162.57
Total Borrowing	0.51	5.01	2.01

Amount in ₹ Lakhs

WomenCart Limited Financial Information (Restated Standalone)

WomenCart Limited's revenue decreased by -12.57% and profit after tax (PAT) rose by 15.62% between the financial year ending with August 31, 2023 and March 31, 2023.

Period Ended	31 Aug 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	879.25	515.09	385.41	134.96
Revenue	764.99	874.95	425.67	135.15
Profit After Tax	54.35	47.01	20.74	-17.94
Net Worth	561.08	311.13	264.12	16.38
Reserves and Surplus	251.48	200.33	153.32	-18.62
Total Borrowing	169.99	122.15	79.11	92.28
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

86.51%

78.01%

Promoter Shareholding (Post-Issue)

54.70%

57.40%

P/E Ratio

22.03

50.67

Market Cap

₹40.79 Cr.

₹36.19 Cr.

ROE

15.11%%

ROCE

17.97%%

Debt/Equity

0.1

EPS

₹1.13

₹1.70

RoNW

9.80%%

15.11%%

Shares Offered

In the City Crops Agro IPO retail investors (RII) are offered 28,50,000 shares while in WomanCart IPO retail investors are offered 28,50,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in City Crops Agro IPO and 0 shares in WomanCart IPO.

	City Crops Agro IPO	WomanCart IPO
Anchor Investor Reserveration
Market Maker Reserveration	3,00,000 shares	56,000 shares
QIB	0 shares	0 shares
NII	28,50,000 shares	5,28,000 shares
RII	28,50,000 shares	5,28,000 shares
Employee	0 shares	0 shares
Others
Total	57,00,000 shares	10,56,000 shares

Bids Received (Subscription)

City Crops Agro IPO subscribed 3.47x in total, whereas WomanCart IPO subscribed 67.48x.

	City Crops Agro IPO	WomanCart IPO
QIB (times)
NII (times)	2.15x	56.30x
Big NII (times)
Small NII (times)
RII (times)	4.78x	71.94x
Employee (times)
Other (times)
Total (times)	3.47x	67.48x

Compare with others

City Crops Agro IPO	WomanCart IPO
On Door Concepts IPO	Maitreya Medicare Limited IPO
Arvind and Company Shipping Agencies IPO	Shanthala FMCG Products IPO
WomanCart IPO	Paragon Fine And Speciality Chemicals IPO
Vivaa Tradecom IPO	On Door Concepts IPO
Karnika Industries IPO	Arvind and Company Shipping Agencies IPO
Canarys Automations IPO	Vivaa Tradecom IPO
Oneclick Logistics India IPO	Karnika Industries IPO
Vinyas Innovative Technologies IPO	City Crops Agro IPO
Plada Infotech Services IPO	Canarys Automations IPO
Sharp Chucks And Machines IPO	Oneclick Logistics India IPO

Comments

Add a public comment...