CWD Limited IPO vs Promax Power Limited IPO

Comparision between CWD Limited IPO and Promax Power Limited IPO.

IPO Details

CWD Limited IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Promax Power Limited IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	CWD Limited IPO	Promax Power Limited IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Aryaman Financial Services Limited	Finshore Management Services Limited
Registrar	Kfin Technologies Limited	Cameo Corporate Services Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL		IPO Allotment URL

Issue Size and Price

The total issue size of CWD Limited IPO is up to ₹18.01 Cr whereas the issue size of the Promax Power Limited IPO is up to ₹1.60 Cr. The final issue price of CWD Limited IPO is ₹180.00 per share and of Promax Power Limited IPO is ₹10.00 per share.

	CWD Limited IPO	Promax Power Limited IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹180.00 per share	₹10.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	800 shares	10000 shares
Fresh Issue Size	8,50,800 shares	16,00,000 shares
Fresh Issue Size (Amount)	up to ₹15.31 Cr	up to ₹1.60 Cr
OFS Issue Size	1,50,000 shares
OFS Issue Size (Amount)	up to ₹2.70 Cr
Issue Size Total	10,00,800 shares	16,00,000 shares
Issue Size Total (Amount)	up to ₹18.01 Cr	up to ₹1.60 Cr

IPO Timetable

CWD Limited IPO opens on Sep 30, 2021, while Promax Power Limited IPO opens on Sep 30, 2021. The closing date of CWD Limited IPO and Promax Power Limited IPO is Oct 05, 2021, and Oct 04, 2021, respectively.

	CWD Limited IPO	Promax Power Limited IPO
Anchor Bid Date
Issue Open	Sep 30, 2021	Sep 30, 2021
Issue Close	Oct 05, 2021	Oct 04, 2021
Basis Of Allotment (Tentative)	Oct 08, 2021	Oct 07, 2021
Initiation of Refunds (Tentative)	Oct 11, 2021	Oct 08, 2021
Credit of Share (Tentative)	Oct 12, 2021	Oct 11, 2021
Listing date (Tentative)	Oct 13, 2021	Oct 12, 2021
Anchor Lockin End date 1	Nov 07, 2021	Nov 06, 2021
Anchor Lockin End date 2	Jan 06, 2022	Jan 05, 2022

Financials

CWD Limited IPO P/E ratio is , as compared to Promax Power Limited IPO P/E ratio of .

CWD Limited IPO

Promax Power Limited IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	31-Mar-21	31-Mar-20
Total Assets	77.55	42.27
Total Revenue	34.12	30.29
Profit After Tax	14.16	5.14

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	204.30	206.64	0.14
Total Revenue	368.89	77.63	NA
Profit After Tax	1.7839	3.1147	(0.0001)

Promoter Shareholding (Pre-Issue)

100.00%

99.99%

Promoter Shareholding (Post-Issue)

72.29%

73.33%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the CWD Limited IPO retail investors (RII) are offered 4,75,200 shares while in Promax Power Limited IPO retail investors are offered 4,75,200 shares. Qualified institutional buyers (QIB) are offered in CWD Limited IPO and in Promax Power Limited IPO.

	CWD Limited IPO	Promax Power Limited IPO
Anchor Investor Reserveration
Market Maker Reserveration	50,400 shares	80,000 shares
QIB
NII	4,75,200 shares	7,60,000 shares
RII	4,75,200 shares	7,60,000 shares
Employee
Others
Total	9,50,400 shares	15,20,000 shares

Bids Received (Subscription)

CWD Limited IPO subscribed 1.31x in total, whereas Promax Power Limited IPO subscribed 6.89x.

	CWD Limited IPO	Promax Power Limited IPO
QIB (times)
NII (times)	1.91x	2.39x
Big NII (times)
Small NII (times)
RII (times)	0.71x	11.38x
Employee (times)
Other (times)
Total (times)	1.31x	6.89x

Compare with others

CWD Limited IPO	Promax Power Limited IPO
Omnipotent Industries IPO	DK Enterprises Global IPO
Suyog Gurbaxani Funicular Ropeways IPO	CWD Limited IPO
Nidan Laboratories and Healthcare IPO	Adishakti Loha and Ispat IPO
Kotyark Industries IPO	Bombay Metrics Supply Chain IPO
DK Enterprises Global IPO	Samor Reality Limited IPO
Adishakti Loha and Ispat IPO	Dynamic Services & Security IPO
Bombay Metrics Supply Chain IPO	Destiny Logistics & Infra IPO
Samor Reality Limited IPO	Shri Venkatesh Refineries IPO
Promax Power Limited IPO	Jainam Ferro Alloys IPO
Dynamic Services & Security IPO	Getalong Enterprise Limited IPO

Comments

Add a public comment...