Esconet Technologies IPO vs Owais Metal and Mineral Processing IPO

Comparision between Esconet Technologies IPO and Owais Metal and Mineral Processing IPO.

IPO Details

Esconet Technologies IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Owais Metal and Mineral Processing IPO is a SME Book Built Issue proposed to list at NSE SME.

	Esconet Technologies IPO	Owais Metal and Mineral Processing 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	Corporate Capitalventures Pvt Ltd	Gretex Corporate Services Limited
Registrar	Skyline Financial Services Private Ltd	Bigshare Services Pvt Ltd
Market Maker	Ss Corporate Securities Limited	Gretex Share Broking Private 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 Esconet Technologies IPO is up to ₹28.22 Cr whereas the issue size of the Owais Metal and Mineral Processing IPO is up to ₹42.69 Cr. The final issue price of Esconet Technologies IPO is ₹84.00 per share and of Owais Metal and Mineral Processing IPO is ₹87.00 per share.

	Esconet Technologies IPO	Owais Metal and Mineral Processing IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹80.00 per share	₹83.00 per share
Issue Price (Upper)	₹84.00 per share	₹87.00 per share
Issue Price (Final)	₹84.00 per share	₹87.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	1600 shares
Fresh Issue Size	33,60,000 shares	49,07,200 shares
Fresh Issue Size (Amount)	up to ₹28.22 Cr	up to ₹42.69 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	33,60,000 shares	49,07,200 shares
Issue Size Total (Amount)	up to ₹28.22 Cr	up to ₹42.69 Cr

IPO Timetable

Esconet Technologies IPO opens on Feb 16, 2024, while Owais Metal and Mineral Processing IPO opens on Feb 26, 2024. The closing date of Esconet Technologies IPO and Owais Metal and Mineral Processing IPO is Feb 20, 2024, and Feb 28, 2024, respectively.

	Esconet Technologies IPO	Owais Metal and Mineral Processing IPO
Anchor Bid Date	Feb 15, 2024	Feb 23, 2024
Issue Open	Feb 16, 2024	Feb 26, 2024
Issue Close	Feb 20, 2024	Feb 28, 2024
Basis Of Allotment (Tentative)	Feb 21, 2024	Feb 29, 2024
Initiation of Refunds (Tentative)	Feb 22, 2024	Mar 01, 2024
Credit of Share (Tentative)	Feb 22, 2024	Mar 01, 2024
Listing date (Tentative)	Feb 23, 2024	Mar 04, 2024
Anchor Lockin End date 1	Mar 22, 2024	Mar 30, 2024
Anchor Lockin End date 2	May 21, 2024	May 29, 2024

Financials

Esconet Technologies IPO P/E ratio is 24.87, as compared to Owais Metal and Mineral Processing IPO P/E ratio of 21.35.

Esconet Technologies IPO

Owais Metal and Mineral Processing IPO

Financial

Esconet Technologies Limited Financial Information (Restated Consolidated)

Period Ended	30 Sep 2023	31 Mar 2023
Assets	4,260.46	2,798.37
Revenue	7,146.71	9,690.84
Profit After Tax	305.47	304.00
Net Worth	902.97	554.47
Reserves and Surplus	825.19	477.48
Total Borrowing	1,008.95	1,103.89
Amount in ₹ Lakhs

Owais Metal and Mineral Processing Limited Financial Information (Restated)

Period Ended	31 Dec 2023	31 Mar 2023
Assets	5,164.23	379.62
Revenue	3,977.54
Profit After Tax	765.47	-12.72
Net Worth	2,122.77	57.28
Reserves and Surplus	795.25	44.28
Total Borrowing	1,350.59	321.29
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

89.18%

100.00%

Promoter Shareholding (Post-Issue)

64.94%

73.01%

P/E Ratio

24.87

21.35

Market Cap

₹103.82 Cr.

₹158.19 Cr.

ROE

75.54%%

-5.35%%

ROCE

59.11%%

Debt/Equity

1.99

5.61

EPS

₹39.63

₹4.08

RoNW

54.83%%

-22.22%%

Shares Offered

In the Esconet Technologies IPO retail investors (RII) are offered 11,15,200 shares while in Owais Metal and Mineral Processing IPO retail investors are offered 11,15,200 shares. Qualified institutional buyers (QIB) are offered 6,36,800 shares in Esconet Technologies IPO and 9,12,000 shares in Owais Metal and Mineral Processing IPO.

	Esconet Technologies IPO	Owais Metal and Mineral Processing IPO
Anchor Investor Reserveration	9,53,600 shares	13,68,000 shares
Market Maker Reserveration	1,76,000 shares	3,44,000 shares
QIB	6,36,800 shares	9,12,000 shares
NII	4,78,400 shares	6,84,800 shares
RII	11,15,200 shares	15,98,400 shares
Employee	0 shares	0 shares
Others
Total	22,30,400 shares	31,95,200 shares

Bids Received (Subscription)

Esconet Technologies IPO subscribed 507.24x in total, whereas Owais Metal and Mineral Processing IPO subscribed 221.18x.

	Esconet Technologies IPO	Owais Metal and Mineral Processing IPO
QIB (times)	156.02x	92.06x
NII (times)	868.05x	329.36x
Big NII (times)
Small NII (times)
RII (times)	553.02x	248.50x
Employee (times)
Other (times)
Total (times)	507.24x	221.18x

Compare with others

Esconet Technologies IPO	Owais Metal and Mineral Processing IPO
Owais Metal and Mineral Processing IPO	Shree Karni Fabcom IPO
Purv Flexipack IPO	V R Infraspace IPO
Sadhav Shipping IPO	Sona Machinery IPO
Deem Roll Tech IPO	Pune E-Stock Broking IPO
Zenith Drugs IPO	M.V.K. Agro Food IPO
Trust Fintech IPO	Purv Flexipack IPO
Interiors and More IPO	Sadhav Shipping IPO
Atmastco IPO	Deem Roll Tech IPO
Thaai Casting IPO	Zenith Drugs IPO
Kalahridhaan Trendz IPO	Esconet Technologies IPO

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