Envirotech Systems IPO vs Trafiksol ITS Technologies IPO

Comparision between Envirotech Systems IPO and Trafiksol ITS Technologies IPO.

IPO Details

Envirotech Systems IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Trafiksol ITS Technologies IPO is a SME Book Built Issue proposed to list at BSE SME.

	Envirotech Systems IPO	Trafiksol ITS Technologies IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	BSE SME
Lead Managers	Share India Capital Services Private Limited	Ekadrisht Capital Private Limited
Registrar	Bigshare Services Pvt Ltd	Maashitla Securities Private Limited
Market Maker	Share India Securities Limited	Ss Corporate Securities Limited
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 Envirotech Systems IPO is up to ₹30.24 Cr whereas the issue size of the Trafiksol ITS Technologies IPO is up to ₹44.87 Cr. The final issue price of Envirotech Systems IPO is ₹56.00 per share and of Trafiksol ITS Technologies IPO is ₹70.00 per share.

	Envirotech Systems IPO	Trafiksol ITS Technologies IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹53.00 per share	₹66.00 per share
Issue Price (Upper)	₹56.00 per share	₹70.00 per share
Issue Price (Final)	₹56.00 per share	₹70.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	2000 shares
Fresh Issue Size	54,00,000 shares	64,10,000 shares
Fresh Issue Size (Amount)	up to ₹30.24 Cr	up to ₹44.87 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	54,00,000 shares	64,10,000 shares
Issue Size Total (Amount)	up to ₹30.24 Cr	up to ₹44.87 Cr

IPO Timetable

Envirotech Systems IPO opens on Sep 13, 2024, while Trafiksol ITS Technologies IPO opens on Sep 10, 2024. The closing date of Envirotech Systems IPO and Trafiksol ITS Technologies IPO is Sep 19, 2024, and Sep 12, 2024, respectively.

	Envirotech Systems IPO	Trafiksol ITS Technologies IPO
Anchor Bid Date	Sep 12, 2024	Sep 09, 2024
Issue Open	Sep 13, 2024	Sep 10, 2024
Issue Close	Sep 19, 2024	Sep 12, 2024
Basis Of Allotment (Tentative)	Sep 20, 2024	Sep 13, 2024
Initiation of Refunds (Tentative)	Sep 23, 2024	Sep 16, 2024
Credit of Share (Tentative)	Sep 23, 2024	Sep 16, 2024
Listing date (Tentative)	Sep 24, 2024
Anchor Lockin End date 1	Oct 20, 2024	Oct 13, 2024
Anchor Lockin End date 2	Dec 19, 2024	Dec 12, 2024

Financials

Envirotech Systems IPO P/E ratio is 6.56, as compared to Trafiksol ITS Technologies IPO P/E ratio of 10.38.

Envirotech Systems IPO

Trafiksol ITS Technologies 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

Trafiksol ITS Technologies Limited Financial Information (Restated Consolidated)

Trafiksol ITS Technologies Limited's revenue increased by 80% and profit after tax (PAT) rose by 153% 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	6,215.52	3,363.17	2,284.01
Revenue	6,608.5	3,675	2,801.92
Profit After Tax	1,209.3	477.85	205.19
Net Worth	3,412.62	1,208.79	730.94
Reserves and Surplus	1,620.12	1,198.79	720.94
Total Borrowing	1,050.24	798.7	506.42
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

96.48%

60.71%

Promoter Shareholding (Post-Issue)

68.75%

44.72%

P/E Ratio

6.56

10.38

Market Cap

₹105.22 Cr.

₹170.34 Cr.

ROE

58.29%%

52.12%%

ROCE

62.43%%

42.47%%

Debt/Equity

0.31

EPS

₹8.54

₹6.75

RoNW

58.29%%

35.44%%

Shares Offered

In the Envirotech Systems IPO retail investors (RII) are offered 16,46,000 shares while in Trafiksol ITS Technologies IPO retail investors are offered 16,46,000 shares. Qualified institutional buyers (QIB) are offered 9,40,000 shares in Envirotech Systems IPO and 12,18,000 shares in Trafiksol ITS Technologies IPO.

	Envirotech Systems IPO	Trafiksol ITS Technologies IPO
Anchor Investor Reserveration	14,06,000 shares	18,22,000 shares
Market Maker Reserveration	7,02,000 shares	3,22,000 shares
QIB	9,40,000 shares	12,18,000 shares
NII	7,06,000 shares	9,14,000 shares
RII	16,46,000 shares	21,34,000 shares
Employee	0 shares	0 shares
Others
Total	32,92,000 shares	42,66,000 shares

Bids Received (Subscription)

Envirotech Systems IPO subscribed 91.67x in total, whereas Trafiksol ITS Technologies IPO subscribed 345.65x.

	Envirotech Systems IPO	Trafiksol ITS Technologies IPO
QIB (times)	68.12x	129.22x
NII (times)	187.14x	699.40x
Big NII (times)
Small NII (times)
RII (times)	64.16x	317.66x
Employee (times)
Other (times)
Total (times)	91.67x	345.65x

Compare with others

Envirotech Systems IPO	Trafiksol ITS Technologies IPO
Osel Devices IPO	Paramount Speciality Forgings IPO
Paramount Speciality Forgings IPO	Popular Foundations IPO
Popular Foundations IPO	Sodhani Academy of Fintech Enablers IPO
Sodhani Academy of Fintech Enablers IPO	Deccan Transcon Leasing IPO
Deccan Transcon Leasing IPO	Envirotech Systems IPO
Trafiksol ITS Technologies IPO	Gajanand International IPO
Gajanand International IPO	Innomet Advanced Materials IPO
Innomet Advanced Materials IPO	SPP Polymer IPO
SPP Polymer IPO	Share Samadhan IPO
Share Samadhan IPO	Shubhshree Biofuels Energy IPO

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