Infollion Research Services IPO vs Proventus Agrocom IPO

Comparision between Infollion Research Services IPO and Proventus Agrocom IPO.

IPO Details

Infollion Research Services IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Proventus Agrocom IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Infollion Research Services IPO	Proventus Agrocom IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Holani Consultants Private Limited	Sundae Capital Advisors
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt Ltd
Market Maker	Holani Consultants Private Limited	Ajcon Global Services 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 Infollion Research Services IPO is up to ₹21.45 Cr whereas the issue size of the Proventus Agrocom IPO is up to ₹69.54 Cr. The final issue price of Infollion Research Services IPO is ₹82.00 per share and of Proventus Agrocom IPO is ₹771.00 per share.

	Infollion Research Services IPO	Proventus Agrocom IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹80.00 per share
Issue Price (Upper)	₹82.00 per share
Issue Price (Final)	₹82.00 per share	₹771.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	160 shares
Fresh Issue Size	22,24,000 shares	6,71,773 shares
Fresh Issue Size (Amount)	up to ₹18.24 Cr	up to ₹51.79 Cr
OFS Issue Size	3,92,000 shares	2,30,147 shares
OFS Issue Size (Amount)	up to ₹3.21 Cr	up to ₹17.74 Cr
Issue Size Total	26,16,000 shares	9,01,920 shares
Issue Size Total (Amount)	up to ₹21.45 Cr	up to ₹69.54 Cr

IPO Timetable

Infollion Research Services IPO opens on May 29, 2023, while Proventus Agrocom IPO opens on May 24, 2023. The closing date of Infollion Research Services IPO and Proventus Agrocom IPO is May 31, 2023, and May 26, 2023, respectively.

	Infollion Research Services IPO	Proventus Agrocom IPO
Anchor Bid Date	May 26, 2023
Issue Open	May 29, 2023	May 24, 2023
Issue Close	May 31, 2023	May 26, 2023
Basis Of Allotment (Tentative)	Jun 05, 2023	May 31, 2023
Initiation of Refunds (Tentative)	Jun 06, 2023	Jun 01, 2023
Credit of Share (Tentative)	Jun 07, 2023	Jun 02, 2023
Listing date (Tentative)	Jun 08, 2023	Jun 05, 2023
Anchor Lockin End date 1	Jul 05, 2023	Jun 30, 2023
Anchor Lockin End date 2	Sep 03, 2023	Aug 29, 2023

Financials

Infollion Research Services IPO P/E ratio is 14.24, as compared to Proventus Agrocom IPO P/E ratio of 186.23.

Infollion Research Services IPO

Proventus Agrocom IPO

Financial

Infollion Research Services Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-21	848.74	1,606.46	207.65	702.47	700.98	0.00
31-Mar-22	1,181.32	2,220.13	340.66	1,043.12	1,041.64	0.00
31-Mar-23	1,800.55	3,529.92	557.92	1,601.05	854.36	0.00
Amount in ₹ Lakhs

Proventus Agrochem Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	8,936.94	90,089.01	-2,190.46	5,663.58	4,731.01	1,728.54
31-Mar-21	8,843.36	30,173.92	187.90	5,844.50	4,911.92	2,940.72
31-Mar-22	10,131.13	40,434.57	114.03	5,966.75	5,034.17	3,444.05
31-Dec-22	9,735.37	31,909.63	189.82	6,167.31	5,234.74	3,061.13
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

67.09%

92.29%

Promoter Shareholding (Post-Issue)

70.84%

P/E Ratio

14.24

186.23

Market Cap

₹79.47 Cr.

₹264.27 Cr.

ROE

42.20%%

0.04%%

ROCE

0.05%%

Debt/Equity

0.56

EPS

₹4.14

RoNW

3.08%%

Shares Offered

In the Infollion Research Services IPO retail investors (RII) are offered 8,70,400 shares while in Proventus Agrocom IPO retail investors are offered 8,70,400 shares. Qualified institutional buyers (QIB) are offered 4,83,200 shares in Infollion Research Services IPO and 0 shares in Proventus Agrocom IPO.

	Infollion Research Services IPO	Proventus Agrocom IPO
Anchor Investor Reserveration	7,24,800 shares
Market Maker Reserveration	1,32,800 shares	45,100 shares
QIB	4,83,200 shares	0 shares
NII	4,04,800 shares	4,28,430 shares
RII	8,70,400 shares	4,28,450 shares
Employee	0 shares	0 shares
Others
Total	17,58,400 shares	8,56,880 shares

Bids Received (Subscription)

Infollion Research Services IPO subscribed 279.24x in total, whereas Proventus Agrocom IPO subscribed 2.70x.

	Infollion Research Services IPO	Proventus Agrocom IPO
QIB (times)	70.72x
NII (times)	560.71x	4.65x
Big NII (times)
Small NII (times)
RII (times)	264.10x	0.74x
Employee (times)
Other (times)
Total (times)	279.24x	2.70x

Compare with others

Infollion Research Services IPO	Proventus Agrocom IPO
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Sahana System IPO	CFF Fluid Control IPO
CFF Fluid Control IPO	Comrade Appliances IPO
Comrade Appliances IPO	Infollion Research Services IPO
Proventus Agrocom IPO	Hemant Surgical Industries IPO
Hemant Surgical Industries IPO	Vasa Denticity IPO
Vasa Denticity IPO	Spectrum Talent Management IPO
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