Nexxus Petro Industries IPO vs Paramount Dye Tec IPO

Comparision between Nexxus Petro Industries IPO and Paramount Dye Tec IPO.

IPO Details

Nexxus Petro Industries IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Paramount Dye Tec IPO is a SME Book Built Issue proposed to list at NSE SME.

	Nexxus Petro Industries IPO	Paramount Dye Tec IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Srujan Alpha Capital Advisors Llp	Gretex Corporate Services Limited
Registrar	Kfin Technologies Limited	Bigshare Services Pvt Ltd
Market Maker	Gretex Share Broking Private Limited	Gretex Share Broking Private 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 Nexxus Petro Industries IPO is up to ₹19.43 Cr whereas the issue size of the Paramount Dye Tec IPO is up to ₹28.43 Cr. The final issue price of Nexxus Petro Industries IPO is ₹105.00 per share and of Paramount Dye Tec IPO is ₹117.00 per share.

	Nexxus Petro Industries IPO	Paramount Dye Tec IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹111.00 per share
Issue Price (Upper)		₹117.00 per share
Issue Price (Final)	₹105.00 per share	₹117.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	1200 shares
Fresh Issue Size	18,50,400 shares	24,30,000 shares
Fresh Issue Size (Amount)	up to ₹19.43 Cr	up to ₹28.43 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	18,50,400 shares	24,30,000 shares
Issue Size Total (Amount)	up to ₹19.43 Cr	up to ₹28.43 Cr

IPO Timetable

Nexxus Petro Industries IPO opens on Sep 26, 2024, while Paramount Dye Tec IPO opens on Sep 30, 2024. The closing date of Nexxus Petro Industries IPO and Paramount Dye Tec IPO is Sep 30, 2024, and Oct 03, 2024, respectively.

	Nexxus Petro Industries IPO	Paramount Dye Tec IPO
Anchor Bid Date		Sep 27, 2024
Issue Open	Sep 26, 2024	Sep 30, 2024
Issue Close	Sep 30, 2024	Oct 03, 2024
Basis Of Allotment (Tentative)	Oct 01, 2024	Oct 04, 2024
Initiation of Refunds (Tentative)	Oct 03, 2024	Oct 07, 2024
Credit of Share (Tentative)	Oct 03, 2024	Oct 07, 2024
Listing date (Tentative)	Oct 04, 2024	Oct 08, 2024
Anchor Lockin End date 1		Nov 03, 2024
Anchor Lockin End date 2		Jan 02, 2025

Financials

Nexxus Petro Industries IPO P/E ratio is 15.37, as compared to Paramount Dye Tec IPO P/E ratio of 14.91.

Nexxus Petro Industries IPO

Paramount Dye Tec IPO

Financial

Nexxus Petro Industries Limited Financial Information (Restated)

Nexxus Petro Industries Limited's revenue increased by 67% and profit after tax (PAT) rose by 73% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	3,892.55	1,644.96	932.77
Revenue	23,837.57	14,283.95	4,847.02
Profit After Tax	348.47	200.87	54.06
Net Worth	863.4	264.93	54.06
Reserves and Surplus	353.4	254.93	54.06
Total Borrowing	2,161.43	835.1	369.83
Amount in ₹ Lakhs

Paramount Dye Tec Limited Financial Information (Restated)

Period Ended	31 Mar 2024	31 Jan 2024
Assets	5,549.65	3,490.07
Revenue	2,367.9	2,955.91
Profit After Tax	354.09	278.65
Net Worth	3,032.06	1
Reserves and Surplus	3,029.81
Total Borrowing	1,627.37	2,247.76
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

99.97%

Promoter Shareholding (Post-Issue)

64.97%

P/E Ratio

15.37

14.91

Market Cap

₹72.98 Cr.

₹81.23 Cr.

ROE

61.77%%

11.68%%

ROCE

20.81%%

16.53%%

Debt/Equity

2.5

0.54

EPS

₹6.83

₹7.85

RoNW

40.36%%

11.68%%

Shares Offered

In the Nexxus Petro Industries IPO retail investors (RII) are offered 8,78,400 shares while in Paramount Dye Tec IPO retail investors are offered 8,78,400 shares. Qualified institutional buyers (QIB) are offered 0 shares in Nexxus Petro Industries IPO and 4,60,800 shares in Paramount Dye Tec IPO.

	Nexxus Petro Industries IPO	Paramount Dye Tec IPO
Anchor Investor Reserveration		6,91,200 shares
Market Maker Reserveration	93,600 shares	1,22,400 shares
QIB	0 shares	4,60,800 shares
NII	8,78,400 shares	3,46,800 shares
RII	8,78,400 shares	8,08,800 shares
Employee	0 shares	0 shares
Others
Total	17,56,801 shares	16,16,400 shares

Bids Received (Subscription)

Nexxus Petro Industries IPO subscribed 8.44x in total, whereas Paramount Dye Tec IPO subscribed 50.09x.

	Nexxus Petro Industries IPO	Paramount Dye Tec IPO
QIB (times)		10.22x
NII (times)	8.41x	135.31x
Big NII (times)
Small NII (times)
RII (times)	8.48x	36.26x
Employee (times)
Other (times)
Total (times)	8.44x	50.09x

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