Freshara Agro Exports IPO vs Pranik Logistics IPO

Comparision between Freshara Agro Exports IPO and Pranik Logistics IPO.

IPO Details

Freshara Agro Exports IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Pranik Logistics IPO is a SME Book Built Issue proposed to list at NSE SME.

	Freshara Agro Exports IPO	Pranik Logistics 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	GYR Capital Advisors Private Limited	Narnolia Financial Services Ltd
Registrar	Purva Sharegistry India Pvt Ltd	Maashitla Securities Private Limited
Market Maker	Giriraj Stock Broking Private Limited	Prabhat Financial Services Ltd.
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 Freshara Agro Exports IPO is up to ₹75.39 Cr whereas the issue size of the Pranik Logistics IPO is up to ₹22.47 Cr. The final issue price of Freshara Agro Exports IPO is ₹116.00 per share and of Pranik Logistics IPO is ₹77.00 per share.

	Freshara Agro Exports IPO	Pranik Logistics IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹110.00 per share	₹73.00 per share
Issue Price (Upper)	₹116.00 per share	₹77.00 per share
Issue Price (Final)	₹116.00 per share	₹77.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	1600 shares
Fresh Issue Size	64,99,200 shares	29,18,400 shares
Fresh Issue Size (Amount)	up to ₹75.39 Cr	up to ₹22.47 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	64,99,200 shares	29,18,400 shares
Issue Size Total (Amount)	up to ₹75.39 Cr	up to ₹22.47 Cr

IPO Timetable

Freshara Agro Exports IPO opens on Oct 17, 2024, while Pranik Logistics IPO opens on Oct 10, 2024. The closing date of Freshara Agro Exports IPO and Pranik Logistics IPO is Oct 21, 2024, and Oct 14, 2024, respectively.

	Freshara Agro Exports IPO	Pranik Logistics IPO
Anchor Bid Date	Oct 16, 2024	Oct 09, 2024
Issue Open	Oct 17, 2024	Oct 10, 2024
Issue Close	Oct 21, 2024	Oct 14, 2024
Basis Of Allotment (Tentative)	Oct 22, 2024	Oct 15, 2024
Initiation of Refunds (Tentative)	Oct 23, 2024	Oct 16, 2024
Credit of Share (Tentative)	Oct 23, 2024	Oct 16, 2024
Listing date (Tentative)	Oct 24, 2024	Oct 17, 2024
Anchor Lockin End date 1	Nov 21, 2024	Nov 20, 2024
Anchor Lockin End date 2	Jan 20, 2025	Jan 19, 2025

Financials

Freshara Agro Exports IPO P/E ratio is 9.04, as compared to Pranik Logistics IPO P/E ratio of 15.33.

Freshara Agro Exports IPO

Pranik Logistics IPO

Financial

Freshara Agro Exports Limited Financial Information (Restated)

Freshara Agro Exports Limited's revenue increased by 56% and profit after tax (PAT) rose by 140% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Sep 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	16,599.73	16,657.8	8,490.64	5,887.64
Revenue	10,746.11	19,819.58	12,700.22	11,840.68
Profit After Tax	1,137.81	2,182.41	908.2	97.36
Net Worth	3,834.58	2,696.77	1,855.49	931.58
Reserves and Surplus	2,134.58	996.77
Total Borrowing	10,625.22	10,755.98	4,173.89	3,479.1
Amount in ₹ Lakhs

Pranik Logistics Limited Financial Information (Restated)

Pranik Logistics Limited's revenue increased by 11% and profit after tax (PAT) rose by 336% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Jun 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	3,842.75	3,568.3	2,352.73	1,404.48
Revenue	2,248.89	6,770.08	6,090.62	3,360.96
Profit After Tax	108.9	406.56	93.23	31.54
Net Worth	1,252.09	1,143.19	736.63	363.96
Reserves and Surplus	442.91	603.74	197.18	103.95
Total Borrowing	1,961.83	1,783.95	1,382.09	577.87
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

86.50%

99.99%

Promoter Shareholding (Post-Issue)

73.49%

P/E Ratio

9.04

15.33

Market Cap

₹272.59 Cr.

₹84.78 Cr.

ROE

8.70%%

ROCE

12.31%%

11.79%%

Debt/Equity

2.77

1.57

EPS

₹12.84

₹5.02

RoNW

29.67%%

8.70%%

Shares Offered

In the Freshara Agro Exports IPO retail investors (RII) are offered 20,59,200 shares while in Pranik Logistics IPO retail investors are offered 20,59,200 shares. Qualified institutional buyers (QIB) are offered 11,76,000 shares in Freshara Agro Exports IPO and 5,55,200 shares in Pranik Logistics IPO.

	Freshara Agro Exports IPO	Pranik Logistics IPO
Anchor Investor Reserveration	17,61,600 shares	8,20,800 shares
Market Maker Reserveration	6,19,200 shares	1,61,600 shares
QIB	11,76,000 shares	5,55,200 shares
NII	8,83,200 shares	4,14,400 shares
RII	20,59,200 shares	9,66,400 shares
Employee	0 shares	0 shares
Others
Total	41,18,400 shares	19,36,000 shares

Bids Received (Subscription)

Freshara Agro Exports IPO subscribed 236.80x in total, whereas Pranik Logistics IPO subscribed 218.02x.

	Freshara Agro Exports IPO	Pranik Logistics IPO
QIB (times)	129.22x	35.67x
NII (times)	510.61x	744.05x
Big NII (times)
Small NII (times)
RII (times)	180.80x	97.21x
Employee (times)
Other (times)
Total (times)	236.80x	218.02x

Compare with others

Freshara Agro Exports IPO	Pranik Logistics IPO
OBSC Perfection IPO	Danish Power IPO
United Heat Transfer IPO	Premium Plast IPO
Danish Power IPO	Usha Financial Services IPO
Premium Plast IPO	Freshara Agro Exports IPO
Usha Financial Services IPO	Lakshya Powertech IPO
Lakshya Powertech IPO	Shiv Texchem IPO
Pranik Logistics IPO	Khyati Global Ventures IPO
Shiv Texchem IPO	NeoPolitan Pizza and Foods IPO
Khyati Global Ventures IPO	Subam Papers IPO
NeoPolitan Pizza and Foods IPO	Paramount Dye Tec IPO

Comments

Add a public comment...