CarTrade Tech IPO vs Nuvoco IPO

Comparision between CarTrade Tech IPO and Nuvoco IPO.

IPO Details

CarTrade Tech IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Nuvoco IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	CarTrade Tech IPO	Nuvoco IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Axis Capital Limited Citigroup Global Markets India Private Limited Kotak Mahindra Capital Company Limited Nomura Financial Advisory And Securities (India) Pvt Ltd	Axis Capital Limited Hsbc Securities & Capital Markets Pvt Ltd ICICI Securities Limited J.P. Morgan India Private Limited SBI Capital Markets Limited
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
Market Maker
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 CarTrade Tech IPO is up to ₹2,998.51 Cr whereas the issue size of the Nuvoco IPO is up to ₹5,000.00 Cr. The final issue price of CarTrade Tech IPO is ₹1,618.00 per share and of Nuvoco IPO is ₹570.00 per share.

	CarTrade Tech IPO	Nuvoco IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹1,585.00 per share	₹560.00 per share
Issue Price (Upper)	₹1,618.00 per share	₹570.00 per share
Issue Price (Final)	₹1,618.00 per share	₹570.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	9 shares	26 shares
Fresh Issue Size
Fresh Issue Size (Amount)		up to ₹1,500.00 Cr
OFS Issue Size	1,85,32,216 shares
OFS Issue Size (Amount)	up to ₹2,998.51 Cr	up to ₹3,500.00 Cr
Issue Size Total	1,85,32,216 shares
Issue Size Total (Amount)	up to ₹2,998.51 Cr	up to ₹5,000.00 Cr

IPO Timetable

CarTrade Tech IPO opens on Aug 09, 2021, while Nuvoco IPO opens on Aug 09, 2021. The closing date of CarTrade Tech IPO and Nuvoco IPO is Aug 11, 2021, and Aug 11, 2021, respectively.

	CarTrade Tech IPO	Nuvoco IPO
Anchor Bid Date
Issue Open	Aug 09, 2021	Aug 09, 2021
Issue Close	Aug 11, 2021	Aug 11, 2021
Basis Of Allotment (Tentative)	Aug 17, 2021	Aug 17, 2021
Initiation of Refunds (Tentative)	Aug 18, 2021	Aug 18, 2021
Credit of Share (Tentative)	Aug 20, 2021	Aug 20, 2021
Listing date (Tentative)	Aug 20, 2021	Aug 23, 2021
Anchor Lockin End date 1	Sep 16, 2021	Sep 16, 2021
Anchor Lockin End date 2	Nov 15, 2021	Nov 15, 2021

Financials

CarTrade Tech IPO P/E ratio is , as compared to Nuvoco IPO P/E ratio of .

CarTrade Tech IPO

Nuvoco IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in million)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	19,301.99	14,704.06	14,270.94
Total Revenue	2,815.23	3,184.45	2,668.05
Profit After Tax	1,010.74	312.94	259.17

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in million)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	1,99,075.70	134,443.22	132,617.03
Total Revenue	75,226.93	68,299.44	71,058.88
Profit After Tax	(259.19)	2,492.55	(264.88)

Promoter Shareholding (Pre-Issue)

95.24%

Promoter Shareholding (Post-Issue)

71.03%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the CarTrade Tech IPO retail investors (RII) are offered 64,86,276 shares while in Nuvoco IPO retail investors are offered 64,86,276 shares. Qualified institutional buyers (QIB) are offered 37,06,443 shares in CarTrade Tech IPO and 1,78,57,143 shares in Nuvoco IPO.

	CarTrade Tech IPO	Nuvoco IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	37,06,443 shares	1,78,57,143 shares
NII	27,79,833 shares	1,33,92,858 shares
RII	64,86,276 shares	3,12,50,000 shares
Employee	0 shares	0 shares
Others
Total	1,29,72,552 shares	6,25,00,001 shares

Bids Received (Subscription)

CarTrade Tech IPO subscribed 20.29x in total, whereas Nuvoco IPO subscribed 1.71x.

	CarTrade Tech IPO	Nuvoco IPO
QIB (times)	35.45x	4.23x
NII (times)	41.00x	0.66x
Big NII (times)
Small NII (times)
RII (times)	2.75x	0.73x
Employee (times)
Other (times)
Total (times)	20.29x	1.71x

Compare with others

CarTrade Tech IPO	Nuvoco IPO
Vijaya Diagnostic IPO	Krsnaa Diagnostics IPO
Ami Organics IPO	CarTrade Tech IPO
Chemplast Sanmar IPO	Devyani International IPO
Aptus Value Housing Finance IPO	Windlas Biotech IPO
Krsnaa Diagnostics IPO	Exxaro Tiles IPO
Devyani International IPO	Rolex Rings IPO
Windlas Biotech IPO	Paytm IPO
Exxaro Tiles IPO	Tatva Chintan Pharma IPO
Nuvoco IPO	Zomato IPO
Rolex Rings IPO	Glenmark Life Sciences IPO

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