Birdy's IPO vs Finelistings Technologies IPO

Comparision between Birdy's IPO and Finelistings Technologies IPO.

IPO Details

Birdy's IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Finelistings Technologies IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Birdy's IPO	Finelistings Technologies IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Inventure Merchant Banker Services Pvt Ltd	Fedex Securities�Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Skyline Financial Services Private Ltd
Market Maker	Rikhav Securities Limited	Rikhav Securities Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Birdy's IPO is up to ₹16.47 Cr whereas the issue size of the Finelistings Technologies IPO is up to ₹13.53 Cr. The final issue price of Birdy's IPO is ₹120.00 per share and of Finelistings Technologies IPO is ₹123.00 per share.

	Birdy's IPO	Finelistings Technologies IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹120.00 per share	₹123.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	1000 shares
Fresh Issue Size	13,72,800 shares	11,00,000 shares
Fresh Issue Size (Amount)	up to ₹16.47 Cr	up to ₹13.53 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	13,72,800 shares	11,00,000 shares
Issue Size Total (Amount)	up to ₹16.47 Cr	up to ₹13.53 Cr

IPO Timetable

Birdy's IPO opens on Apr 15, 2024, while Finelistings Technologies IPO opens on May 07, 2024. The closing date of Birdy's IPO and Finelistings Technologies IPO is Apr 18, 2024, and May 09, 2024, respectively.

	Birdy's IPO	Finelistings Technologies IPO
Anchor Bid Date
Issue Open	Apr 15, 2024	May 07, 2024
Issue Close	Apr 18, 2024	May 09, 2024
Basis Of Allotment (Tentative)	Apr 19, 2024	May 10, 2024
Initiation of Refunds (Tentative)	Apr 22, 2024	May 13, 2024
Credit of Share (Tentative)	Apr 22, 2024	May 13, 2024
Listing date (Tentative)	Apr 23, 2024	May 14, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Birdy's IPO P/E ratio is 23.12, as compared to Finelistings Technologies IPO P/E ratio of 17.44.

Birdy's IPO

Finelistings Technologies IPO

Financial

Grill Splendour Services Limited Financial Information (Restated)

Grill Splendour Services Limited's revenue increased by 32.92% and profit after tax (PAT) rose by 5654.34% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Nov 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	2,211.54	764.02	290.59	265.98
Revenue	885.64	1,531.62	1,152.27	825.22
Profit After Tax	61.65	199.10	3.46	-3.63
Net Worth	494.98	200.79	1.69	-1.77
Reserves and Surplus	111.44	199.79	0.69	-2.77
Amount in ₹ Lakhs

Finelistings Technologies Limited Financial Information (Restated)

Period Ended	29 Feb 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	968.92	1,015.99	154.33	59.69
Revenue	1,359.97	1,390.62	694.32	146.43
Profit After Tax	276.99	178.92	-8.33	-17.26
Net Worth	618.96	351.83	47.91	56.24
Reserves and Surplus	375.20	98.21	46.79	55.12
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

49.75%

71.65%

Promoter Shareholding (Post-Issue)

36.64%

49.98%

P/E Ratio

23.12

17.44

Market Cap

₹62.50 Cr.

₹44.73 Cr.

ROE

43.16%%

ROCE

21.73%%

Debt/Equity

1.5

EPS

₹5.19

₹7.05

RoNW

12.46%%

44.05%%

Shares Offered

In the Birdy's IPO retail investors (RII) are offered 6,51,600 shares while in Finelistings Technologies IPO retail investors are offered 6,51,600 shares. Qualified institutional buyers (QIB) are offered 0 shares in Birdy's IPO and 0 shares in Finelistings Technologies IPO.

	Birdy's IPO	Finelistings Technologies IPO
Anchor Investor Reserveration
Market Maker Reserveration	69,600 shares	58,000 shares
QIB	0 shares	0 shares
NII	6,51,600 shares	5,21,000 shares
RII	6,51,600 shares	5,21,000 shares
Employee	0 shares	0 shares
Others
Total	13,03,200 shares	10,42,000 shares

Bids Received (Subscription)

Birdy's IPO subscribed 8.68x in total, whereas Finelistings Technologies IPO subscribed 37.44x.

	Birdy's IPO	Finelistings Technologies IPO
QIB (times)
NII (times)	4.59x	29.85x
Big NII (times)
Small NII (times)
RII (times)	12.78x	38.96x
Employee (times)
Other (times)
Total (times)	8.68x	37.44x

Compare with others

Birdy's IPO	Finelistings Technologies IPO
ABS Marine Services IPO	Varyaa Creations IPO
Shivam Chemicals IPO	Faalcon Concepts IPO
Varyaa Creations IPO	Emmforce Autotech IPO
Faalcon Concepts IPO	Birdy's IPO
Emmforce Autotech IPO	Greenhitech Ventures IPO
Greenhitech Ventures IPO	Ramdevbaba Solvent IPO
Finelistings Technologies IPO	Teerth Gopicon IPO
Ramdevbaba Solvent IPO	DCG Cables & Wires IPO
Teerth Gopicon IPO	Creative Graphics Solutions India IPO
DCG Cables & Wires IPO	K2 Infragen IPO

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