Excellent Wires and Packaging IPO vs Namo eWaste Management IPO

Comparision between Excellent Wires and Packaging IPO and Namo eWaste Management IPO.

IPO Details

Excellent Wires and Packaging IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Namo eWaste Management IPO is a SME Book Built Issue proposed to list at NSE SME.

	Excellent Wires and Packaging IPO	Namo eWaste Management IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Inventure Merchant Banker Services Pvt Ltd	Hem Securities Limited
Registrar	Bigshare Services Pvt Ltd	Maashitla Securities Private Limited
Market Maker	Inventure Growth & Securities Limited	Hem Finlease Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Excellent Wires and Packaging IPO is up to ₹12.60 Cr whereas the issue size of the Namo eWaste Management IPO is up to ₹51.20 Cr. The final issue price of Excellent Wires and Packaging IPO is ₹90.00 per share and of Namo eWaste Management IPO is ₹85.00 per share.

	Excellent Wires and Packaging IPO	Namo eWaste Management IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹80.00 per share
Issue Price (Upper)		₹85.00 per share
Issue Price (Final)	₹90.00 per share	₹85.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	1600 shares
Fresh Issue Size	14,00,000 shares	60,24,000 shares
Fresh Issue Size (Amount)	up to ₹12.60 Cr	up to ₹51.20 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	14,00,000 shares	60,24,000 shares
Issue Size Total (Amount)	up to ₹12.60 Cr	up to ₹51.20 Cr

IPO Timetable

Excellent Wires and Packaging IPO opens on Sep 11, 2024, while Namo eWaste Management IPO opens on Sep 04, 2024. The closing date of Excellent Wires and Packaging IPO and Namo eWaste Management IPO is Sep 13, 2024, and Sep 06, 2024, respectively.

	Excellent Wires and Packaging IPO	Namo eWaste Management IPO
Anchor Bid Date		Sep 03, 2024
Issue Open	Sep 11, 2024	Sep 04, 2024
Issue Close	Sep 13, 2024	Sep 06, 2024
Basis Of Allotment (Tentative)	Sep 16, 2024	Sep 09, 2024
Initiation of Refunds (Tentative)	Sep 17, 2024	Sep 10, 2024
Credit of Share (Tentative)	Sep 17, 2024	Sep 10, 2024
Listing date (Tentative)	Sep 19, 2024	Sep 11, 2024
Anchor Lockin End date 1		Oct 09, 2024
Anchor Lockin End date 2		Dec 08, 2024

Financials

Excellent Wires and Packaging IPO P/E ratio is 33.3, as compared to Namo eWaste Management IPO P/E ratio of 20.96.

Excellent Wires and Packaging IPO

Namo eWaste Management IPO

Financial

Excellent Wires and Packaging Limited Financial Information (Restated Consolidated)

Excellent Wires and Packaging Limited's revenue increased by 6% and profit after tax (PAT) rose by 696% 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	705.08	324.69	242.63
Revenue	1,540.82	1,448.46	728.85
Profit After Tax	82.98	10.43	4.73
Net Worth	397.09	17.11	6.68
Reserves and Surplus	362.09	15.11	4.68
Amount in ₹ Lakhs

Namo eWaste Management Limited Financial Information (Restated Standalone)

Namo eWaste Management Limited's revenue increased by 73% and profit after tax (PAT) rose by 183% 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	6,274.74	3,912.26	4,174.34
Revenue	10,107.62	5,856.07	4,509
Profit After Tax	682.9	241.56	180.89
Net Worth	3,526.17	2,814.76	2,577.21
Reserves and Surplus	1,841.82	2,109.24	1,871.69
Total Borrowing	1,453.24	344.73	598.1
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

91.90%

93.67%

Promoter Shareholding (Post-Issue)

63.12%

68.99%

P/E Ratio

33.3

20.96

Market Cap

₹40.23 Cr.

₹194.37 Cr.

ROE

21.54%%

ROCE

20.71%%

Debt/Equity

0.41

EPS

₹2.70

₹4.05

RoNW

20.90%%

19.37%%

Shares Offered

In the Excellent Wires and Packaging IPO retail investors (RII) are offered 6,64,000 shares while in Namo eWaste Management IPO retail investors are offered 6,64,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Excellent Wires and Packaging IPO and 11,44,000 shares in Namo eWaste Management IPO.

	Excellent Wires and Packaging IPO	Namo eWaste Management IPO
Anchor Investor Reserveration		17,15,200 shares
Market Maker Reserveration	72,000 shares	3,02,400 shares
QIB	0 shares	11,44,000 shares
NII	6,64,000 shares	8,59,200 shares
RII	6,64,000 shares	20,03,200 shares
Employee	0 shares	0 shares
Others
Total	13,28,000 shares	40,06,400 shares

Bids Received (Subscription)

Excellent Wires and Packaging IPO subscribed 20.37x in total, whereas Namo eWaste Management IPO subscribed 225.64x.

	Excellent Wires and Packaging IPO	Namo eWaste Management IPO
QIB (times)		151.75x
NII (times)	8.75x	394.20x
Big NII (times)
Small NII (times)
RII (times)	32.00x	195.54x
Employee (times)
Other (times)
Total (times)	20.37x	225.64x

Compare with others

Excellent Wires and Packaging IPO	Namo eWaste Management IPO
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My Mudra Fincorp IPO	Vision Infra Equipment Solutions IPO
Namo eWaste Management IPO	Naturewings Holidays IPO
Mach Conferences and Events IPO	My Mudra Fincorp IPO
Travels & Rentals IPO	Mach Conferences and Events IPO
Jeyyam Global Foods IPO	Excellent Wires and Packaging IPO
Boss Packaging Solutions IPO	Travels & Rentals IPO
Vdeal System IPO	Jeyyam Global Foods IPO
Aeron Composite IPO	Boss Packaging Solutions IPO

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