Italian Edibles IPO vs WTI Cabs IPO

Comparision between Italian Edibles IPO and WTI Cabs IPO.

IPO Details

Italian Edibles IPO is a SME Book Built Issue IPO proposed to list at NSE SME while WTI Cabs IPO is a SME Book Built Issue proposed to list at NSE SME.

	Italian Edibles IPO	WTI Cabs 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	First Overseas Capital Limited	Share India Capital Services Private Limited
Registrar	Bigshare Services Pvt Ltd	Beetal Financial & Computer Services (P) Limited
Market Maker	Nikunj Stock Brokers Limited	Share India Securities 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 Italian Edibles IPO is up to ₹26.66 Cr whereas the issue size of the WTI Cabs IPO is up to ₹94.68 Cr. The final issue price of Italian Edibles IPO is ₹68.00 per share and of WTI Cabs IPO is ₹147.00 per share.

	Italian Edibles IPO	WTI Cabs IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹140.00 per share
Issue Price (Upper)		₹147.00 per share
Issue Price (Final)	₹68.00 per share	₹147.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	1000 shares
Fresh Issue Size	39,20,000 shares	64,41,000 shares
Fresh Issue Size (Amount)	up to ₹26.66 Cr	up to ₹94.68 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	39,20,000 shares	64,41,000 shares
Issue Size Total (Amount)	up to ₹26.66 Cr	up to ₹94.68 Cr

IPO Timetable

Italian Edibles IPO opens on Feb 02, 2024, while WTI Cabs IPO opens on Feb 12, 2024. The closing date of Italian Edibles IPO and WTI Cabs IPO is Feb 07, 2024, and Feb 14, 2024, respectively.

	Italian Edibles IPO	WTI Cabs IPO
Anchor Bid Date		Feb 09, 2024
Issue Open	Feb 02, 2024	Feb 12, 2024
Issue Close	Feb 07, 2024	Feb 14, 2024
Basis Of Allotment (Tentative)	Feb 08, 2024	Feb 15, 2024
Initiation of Refunds (Tentative)	Feb 09, 2024	Feb 16, 2024
Credit of Share (Tentative)	Feb 09, 2024	Feb 16, 2024
Listing date (Tentative)	Feb 12, 2024	Feb 19, 2024
Anchor Lockin End date 1	Mar 09, 2024	Mar 16, 2024
Anchor Lockin End date 2	May 08, 2024	May 15, 2024

Financials

Italian Edibles IPO P/E ratio is 27.94, as compared to WTI Cabs IPO P/E ratio of 24.81.

Italian Edibles IPO

WTI Cabs IPO

Financial

Italian Edibles Limited Financial Information (Restated)

Italian Edibles Limited's revenue decreased by -16.1% and profit after tax (PAT) rose by 229.4% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Aug 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	4,824.64	4,155.24	3,905.45	3,946.43
Revenue	3,052.16	6,330.09	7,545.25	4,899.44
Profit After Tax	209.68	264.21	80.21	86.52
Net Worth	1,287.92	1,078.24	814.03	583.82
Reserves and Surplus	202.21	906.82	642.60	433.82
Amount in ₹ Lakhs

Wise Travel India Limited Financial Information (Restated)

Wise Travel India Limited's revenue increased by 178.67% and profit after tax (PAT) rose by 172.5% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	13,427.82	12,161.21	6,002.64	5,271.17
Revenue	19,016.53	24,997.04	8,970.00	4,405.51
Profit After Tax	1,132.91	1,029.36	377.74	172.85
Net Worth	5,194.36	4,061.45	2,832.10	2,454.36
Reserves and Surplus	3,457.28	3,745.62	2,537.10	2,159.36
Total Borrowing	1,627.55	1,674.50	216.32	56.59
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

95.63%

Promoter Shareholding (Post-Issue)

73.47%

69.76%

P/E Ratio

27.94

24.81

Market Cap

₹100.48 Cr.

₹350.03 Cr.

ROE

24.50%%

29.79%%

ROCE

19.32%%

22.90%%

Debt/Equity

1.6

0.65

EPS

₹2.43

₹5.91

RoNW

24.50%%

25.28%%

Shares Offered

In the Italian Edibles IPO retail investors (RII) are offered 18,60,000 shares while in WTI Cabs IPO retail investors are offered 18,60,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Italian Edibles IPO and 11,91,000 shares in WTI Cabs IPO.

	Italian Edibles IPO	WTI Cabs IPO
Anchor Investor Reserveration		17,85,000 shares
Market Maker Reserveration	2,00,000 shares	4,38,000 shares
QIB	0 shares	11,91,000 shares
NII	18,60,000 shares	8,94,000 shares
RII	18,60,000 shares	20,84,000 shares
Employee	0 shares	0 shares
Others
Total	37,20,000 shares	42,18,000 shares

Bids Received (Subscription)

Italian Edibles IPO subscribed 154.43x in total, whereas WTI Cabs IPO subscribed 163.46x.

	Italian Edibles IPO	WTI Cabs IPO
QIB (times)		106.69x
NII (times)	177.37x	375.56x
Big NII (times)
Small NII (times)
RII (times)	120.62x	108.76x
Employee (times)
Other (times)
Total (times)	154.43x	163.46x

Compare with others

Italian Edibles IPO	WTI Cabs IPO
Kalahridhaan Trendz IPO	Atmastco IPO
Polysil Irrigation Systems IPO	Thaai Casting IPO
Rudra Gas Enterprise IPO	Kalahridhaan Trendz IPO
WTI Cabs IPO	Polysil Irrigation Systems IPO
Alpex Solar IPO	Rudra Gas Enterprise IPO
Gabriel Pet Straps IPO	Alpex Solar IPO
Mayank Cattle Food IPO	Italian Edibles IPO
Docmode Health Technologies IPO	Gabriel Pet Straps IPO
Harshdeep Hortico IPO	Mayank Cattle Food IPO
Megatherm Induction IPO	Docmode Health Technologies IPO

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