Envirotech Systems IPO vs Paramount Speciality Forgings IPO

Comparision between Envirotech Systems IPO and Paramount Speciality Forgings IPO.

IPO Details

Envirotech Systems IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Paramount Speciality Forgings IPO is a SME Book Built Issue proposed to list at NSE SME.

	Envirotech Systems IPO	Paramount Speciality Forgings IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Share India Capital Services Private Limited	Swaraj shares and securities private limited
Registrar	Bigshare Services Pvt Ltd	Purva Sharegistry India Pvt Ltd
Market Maker	Share India Securities Limited	Shreni Shares Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of Envirotech Systems IPO is up to ₹30.24 Cr whereas the issue size of the Paramount Speciality Forgings IPO is up to ₹32.34 Cr. The final issue price of Envirotech Systems IPO is and of Paramount Speciality Forgings IPO is .

	Envirotech Systems IPO	Paramount Speciality Forgings IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹53.00 per share	₹57.00 per share
Issue Price (Upper)	₹56.00 per share	₹59.00 per share
Issue Price (Final)
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	2000 shares
Fresh Issue Size	54,00,000 shares	48,02,000 shares
Fresh Issue Size (Amount)	up to ₹30.24 Cr	up to ₹28.33 Cr
OFS Issue Size		6,80,000 shares
OFS Issue Size (Amount)		up to ₹4.01 Cr
Issue Size Total	54,00,000 shares	54,82,000 shares
Issue Size Total (Amount)	up to ₹30.24 Cr	up to ₹32.34 Cr

IPO Timetable

Envirotech Systems IPO opens on Sep 13, 2024, while Paramount Speciality Forgings IPO opens on Sep 17, 2024. The closing date of Envirotech Systems IPO and Paramount Speciality Forgings IPO is Sep 18, 2024, and Sep 19, 2024, respectively.

	Envirotech Systems IPO	Paramount Speciality Forgings IPO
Anchor Bid Date	Sep 12, 2024	Sep 16, 2024
Issue Open	Sep 13, 2024	Sep 17, 2024
Issue Close	Sep 18, 2024	Sep 19, 2024
Basis Of Allotment (Tentative)	Sep 19, 2024	Sep 20, 2024
Initiation of Refunds (Tentative)	Sep 20, 2024	Sep 23, 2024
Credit of Share (Tentative)	Sep 20, 2024	Sep 23, 2024
Listing date (Tentative)	Sep 23, 2024	Sep 24, 2024
Anchor Lockin End date 1	Oct 18, 2024	Oct 20, 2024
Anchor Lockin End date 2	Dec 17, 2024	Dec 19, 2024

Financials

Envirotech Systems IPO P/E ratio is 6.56, as compared to Paramount Speciality Forgings IPO P/E ratio of 12.1.

Envirotech Systems IPO

Paramount Speciality Forgings IPO

Financial

Envirotech Systems Limited Financial Information (Restated)

Envirotech Systems Limited's revenue increased by 63% and profit after tax (PAT) rose by 344% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	3,867.47	2,275.73	1,386.51
Revenue	4,687.95	2,874.78	1,849.54
Profit After Tax	1,142.88	257.34	105.73
Net Worth	1,960.62	661.73	404.4
Reserves and Surplus	621.62	611.73	354.4
Total Borrowing	240.5	260.67	276.61
Amount in ₹ Lakhs

Paramount Speciality Forgings Limited Financial Information (Restated)

Paramount Speciality Forgings Limited's revenue increased by 1% and profit after tax (PAT) rose by 163% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	8,179.18	7,223.87	5,450.48
Revenue	11,363.62	11,224.1	9,243.16
Profit After Tax	725.36	275.84	313.44
Net Worth	2,291.49	1,566.14	1,970.49
Reserves and Surplus	803.49	1,565.14	1,969.49
Total Borrowing	2,492.82	2,027.65	1,176.93
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

96.48%

100.00%

Promoter Shareholding (Post-Issue)

68.75%

72.15%

P/E Ratio

6.56

12.1

Market Cap

₹105.22 Cr.

₹116.12 Cr.

ROE

58.29%%

32%%

ROCE

62.43%%

40%%

Debt/Equity

1.09

EPS

₹8.54

₹4.87

RoNW

58.29%%

31.65%%

Shares Offered

In the Envirotech Systems IPO retail investors (RII) are offered while in Paramount Speciality Forgings IPO retail investors are offered . Qualified institutional buyers (QIB) are offered in Envirotech Systems IPO and in Paramount Speciality Forgings IPO.

	Envirotech Systems IPO	Paramount Speciality Forgings IPO
Anchor Investor Reserveration	14,06,000 shares
Market Maker Reserveration	7,02,000 shares	2,76,000 shares
QIB
NII
RII
Employee
Others
Total

Bids Received (Subscription)

Envirotech Systems IPO subscribed in total, whereas Paramount Speciality Forgings IPO subscribed .

	Envirotech Systems IPO	Paramount Speciality Forgings IPO
QIB (times)
NII (times)
Big NII (times)
Small NII (times)
RII (times)
Employee (times)
Other (times)
Total (times)

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