Olatech Solutions IPO vs Upsurge Seeds of Agriculture IPO

Comparision between Olatech Solutions IPO and Upsurge Seeds of Agriculture IPO.

IPO Details

Olatech Solutions IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Upsurge Seeds of Agriculture IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Olatech Solutions IPO	Upsurge Seeds of Agriculture IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Shreni Shares Limited	Finshore Management Services Limited
Registrar	Skyline Financial Services 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 Olatech Solutions IPO is up to ₹1.89 Cr whereas the issue size of the Upsurge Seeds of Agriculture IPO is up to ₹22.81 Cr. The final issue price of Olatech Solutions IPO is ₹27.00 per share and of Upsurge Seeds of Agriculture IPO is ₹120.00 per share.

	Olatech Solutions IPO	Upsurge Seeds of Agriculture IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹27.00 per share	₹120.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	4000 shares	1200 shares
Fresh Issue Size	7,00,000 shares	19,00,800 shares
Fresh Issue Size (Amount)	up to ₹1.89 Cr	up to ₹22.81 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	7,00,000 shares	19,00,800 shares
Issue Size Total (Amount)	up to ₹1.89 Cr	up to ₹22.81 Cr

IPO Timetable

Olatech Solutions IPO opens on Aug 12, 2022, while Upsurge Seeds of Agriculture IPO opens on Jul 29, 2022. The closing date of Olatech Solutions IPO and Upsurge Seeds of Agriculture IPO is Aug 19, 2022, and Aug 02, 2022, respectively.

	Olatech Solutions IPO	Upsurge Seeds of Agriculture IPO
Anchor Bid Date
Issue Open	Aug 12, 2022	Jul 29, 2022
Issue Close	Aug 19, 2022	Aug 02, 2022
Basis Of Allotment (Tentative)	Aug 24, 2022	Aug 05, 2022
Initiation of Refunds (Tentative)	Aug 25, 2022	Aug 08, 2022
Credit of Share (Tentative)	Aug 26, 2022	Aug 10, 2022
Listing date (Tentative)	Aug 29, 2022	Aug 11, 2022
Anchor Lockin End date 1	Sep 23, 2022	Sep 04, 2022
Anchor Lockin End date 2	Nov 22, 2022	Nov 03, 2022

Financials

Olatech Solutions IPO P/E ratio is 18, as compared to Upsurge Seeds of Agriculture IPO P/E ratio of 21.35.

Olatech Solutions IPO

Upsurge Seeds of Agriculture IPO

Financial

Olatech Solutions Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-19	71.01	74.21	10.41	65.37	64.37
31-Mar-20	189.2	835.35	51.58	116.96	115.96
31-Mar-21	148.69	549.23	12.32	129.28	128.28
31-Mar-22	229.95	262.15	35	164.28	164
Amount in ₹ Lakhs

Upsurge Seeds of Agriculture Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	835.39	1763.73	21.92	92.14	42.14
31-Mar-21	1811.8	6290.31	85.31	324.45	127.45
31-Mar-22	4087.49	7577.15	396.44	1119.3	603.4
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

92%

96.92%

Promoter Shareholding (Post-Issue)

64.48%

70.82%

P/E Ratio

21.35

Market Cap

₹6.32 Cr.

₹84.72 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Olatech Solutions IPO retail investors (RII) are offered 3,28,000 shares while in Upsurge Seeds of Agriculture IPO retail investors are offered 3,28,000 shares. Qualified institutional buyers (QIB) are offered in Olatech Solutions IPO and in Upsurge Seeds of Agriculture IPO.

	Olatech Solutions IPO	Upsurge Seeds of Agriculture IPO
Anchor Investor Reserveration
Market Maker Reserveration	44,000 shares	96,000 shares
QIB
NII	3,28,000 shares	9,02,400 shares
RII	3,28,000 shares	9,02,400 shares
Employee
Others
Total	6,56,000 shares	18,04,800 shares

Bids Received (Subscription)

Olatech Solutions IPO subscribed 598.82x in total, whereas Upsurge Seeds of Agriculture IPO subscribed 80.50x.

	Olatech Solutions IPO	Upsurge Seeds of Agriculture IPO
QIB (times)
NII (times)	517.71x	101.70x
Big NII (times)
Small NII (times)
RII (times)	679.94x	59.29x
Employee (times)
Other (times)
Total (times)	598.82x	80.50x

Compare with others

Olatech Solutions IPO	Upsurge Seeds of Agriculture IPO
Ameya Engineers IPO	Naturo Indiabull IPO
Kore Mobile IPO	Rhetan TMT IPO
Naturo Indiabull IPO	JFL Life Sciences IPO
Rhetan TMT IPO	Olatech Solutions IPO
JFL Life Sciences IPO	Veekayem Fashion and Apparels IPO
Veekayem Fashion and Apparels IPO	Agni Green Power IPO
Upsurge Seeds of Agriculture IPO	Healthy Life Agritec IPO
Agni Green Power IPO	Kesar India IPO
Healthy Life Agritec IPO	B Right Realestate IPO
Kesar India IPO	Jayant Infratech IPO

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