Focus Business Solution IPO vs Navoday Enterprises IPO

Comparision between Focus Business Solution IPO and Navoday Enterprises IPO.

IPO Details

Focus Business Solution IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Navoday Enterprises IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Focus Business Solution IPO	Navoday Enterprises IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Navigant Corporate Advisors Ltd	Inventure Merchant Banker Services Pvt Ltd
Registrar	Purva Sharegistry India Pvt Ltd	Satellite Corporate Services Private Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Focus Business Solution IPO is up to ₹1.22 Cr whereas the issue size of the Navoday Enterprises IPO is up to ₹4.61 Cr. The final issue price of Focus Business Solution IPO is ₹19.00 per share and of Navoday Enterprises IPO is ₹20.00 per share.

	Focus Business Solution IPO	Navoday Enterprises IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹19.00 per share	₹20.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	6000 shares	6000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	6,42,000 shares	23,04,000 shares
Issue Size Total (Amount)	up to ₹1.22 Cr	up to ₹4.61 Cr

IPO Timetable

Focus Business Solution IPO opens on Jun 30, 2021, while Navoday Enterprises IPO opens on Jun 14, 2021. The closing date of Focus Business Solution IPO and Navoday Enterprises IPO is Jul 05, 2021, and Jun 17, 2021, respectively.

	Focus Business Solution IPO	Navoday Enterprises IPO
Anchor Bid Date
Issue Open	Jun 30, 2021	Jun 14, 2021
Issue Close	Jul 05, 2021	Jun 17, 2021
Basis Of Allotment (Tentative)	Jul 08, 2021	Jun 21, 2021
Initiation of Refunds (Tentative)	Jul 09, 2021	Jun 22, 2021
Credit of Share (Tentative)	Jul 12, 2021	Jun 23, 2021
Listing date (Tentative)	Jul 13, 2021	Jun 25, 2021
Anchor Lockin End date 1	Aug 07, 2021	Jul 21, 2021
Anchor Lockin End date 2	Oct 06, 2021	Sep 19, 2021

Financials

Focus Business Solution IPO P/E ratio is , as compared to Navoday Enterprises IPO P/E ratio of .

Focus Business Solution IPO

Navoday Enterprises IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in lakhs)
	31-Dec-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	468.19	395.66	415.64	344.76
Total Revenue	799.19	1,090.73	1,073.97	1,023.76
Profit After Tax	19.74	15.25	11.77	10.99

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in lakhs)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	1,378.57	513.12	531.14
Total Revenue	4,827.24	1,651.70	2,311.96
Profit After Tax	112.77	35.07	55.67

Promoter Shareholding (Pre-Issue)

100%

99.98%

Promoter Shareholding (Post-Issue)

40.21%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Focus Business Solution IPO retail investors (RII) are offered 3,00,000 shares while in Navoday Enterprises IPO retail investors are offered 3,00,000 shares. Qualified institutional buyers (QIB) are offered in Focus Business Solution IPO and in Navoday Enterprises IPO.

	Focus Business Solution IPO	Navoday Enterprises IPO
Anchor Investor Reserveration
Market Maker Reserveration	42,000 shares	1,20,000 shares
QIB
NII	3,00,000 shares	10,92,000 shares
RII	3,00,000 shares	10,92,000 shares
Employee
Others
Total	6,00,000 shares	21,84,000 shares

Bids Received (Subscription)

Focus Business Solution IPO subscribed 6.66x in total, whereas Navoday Enterprises IPO subscribed 2.36x.

	Focus Business Solution IPO	Navoday Enterprises IPO
QIB (times)
NII (times)	3.22x	0.29x
Big NII (times)
Small NII (times)
RII (times)	10.10x	4.44x
Employee (times)
Other (times)
Total (times)	6.66x	2.36x

Compare with others

Focus Business Solution IPO	Navoday Enterprises IPO
NPST IPO	AA Plus Tradelink IPO
Gretex Corporate Services IPO	Walpar Nutritions IPO
Rex Pipes and Cables IPO	Focus Business Solution IPO
AA Plus Tradelink IPO	Times Green Energy IPO
Walpar Nutritions IPO	Adeshwar Meditex IPO
Times Green Energy IPO	Abhishek Integrations IPO
Adeshwar Meditex IPO	Kuberan Global Edu Solutions IPO
Navoday Enterprises IPO	Jetmall spices and masala ipo
Abhishek Integrations IPO	V-Marc India IPO
Kuberan Global Edu Solutions IPO	Rajeshwari Cans IPO

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