BikeWo GreenTech IPO vs Pelatro IPO

Comparision between BikeWo GreenTech IPO and Pelatro IPO.

IPO Details

BikeWo GreenTech IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Pelatro IPO is a SME Book Built Issue proposed to list at NSE SME.

	BikeWo GreenTech IPO	Pelatro IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Khandwala Securities Limited	Cumulative Capital Private Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Aftertrade Broking Pvt Ltd	Shree Bahubali Stock Broking Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of BikeWo GreenTech IPO is up to ₹24.09 Cr whereas the issue size of the Pelatro IPO is up to ₹55.98 Cr. The final issue price of BikeWo GreenTech IPO is and of Pelatro IPO is .

	BikeWo GreenTech IPO	Pelatro IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹59.00 per share	₹190.00 per share
Issue Price (Upper)	₹62.00 per share	₹200.00 per share
Issue Price (Final)
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	600 shares
Fresh Issue Size	38,86,000 shares	27,99,000 shares
Fresh Issue Size (Amount)	up to ₹24.09 Cr	up to ₹55.98 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	38,86,000 shares	27,99,000 shares
Issue Size Total (Amount)	up to ₹24.09 Cr	up to ₹55.98 Cr

IPO Timetable

BikeWo GreenTech IPO opens on Sep 20, 2024, while Pelatro IPO opens on Sep 16, 2024. The closing date of BikeWo GreenTech IPO and Pelatro IPO is Sep 24, 2024, and Sep 19, 2024, respectively.

	BikeWo GreenTech IPO	Pelatro IPO
Anchor Bid Date	Sep 19, 2024	Sep 13, 2024
Issue Open	Sep 20, 2024	Sep 16, 2024
Issue Close	Sep 24, 2024	Sep 19, 2024
Basis Of Allotment (Tentative)	Sep 25, 2024	Sep 20, 2024
Initiation of Refunds (Tentative)	Sep 26, 2024	Sep 20, 2024
Credit of Share (Tentative)	Sep 26, 2024	Sep 23, 2024
Listing date (Tentative)	Sep 27, 2024	Sep 24, 2024
Anchor Lockin End date 1	Oct 23, 2024	Oct 20, 2024
Anchor Lockin End date 2	Dec 22, 2024	Dec 19, 2024

Financials

BikeWo GreenTech IPO P/E ratio is 33.95, as compared to Pelatro IPO P/E ratio of -77.78.

BikeWo GreenTech IPO

Pelatro IPO

Financial

BikeWo GreenTech Limited Financial Information (Restated)

BikeWo GreenTech Limited's revenue increased by 22% and profit after tax (PAT) rose by 1606% 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	3,151.35	1,962.4	1,497.41
Revenue	2,514.21	2,061.86	1,391.71
Profit After Tax	167.21	9.8	15.19
Net Worth	1,676.7	723.14	713.34
Total Borrowing	1,419.35	1,239.26	784.07
Amount in ₹ Lakhs

Pelatro Limited Financial Information (Restated Consolidated)

Period Ended	31 Mar 2024
Assets	5,780.92
Revenue	5,536.54
Profit After Tax	-195.62
Net Worth	1,202.89
Reserves and Surplus	502.89
Total Borrowing	1,867.58
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

89.00%

73.31%

Promoter Shareholding (Post-Issue)

62.48%

53.59%

P/E Ratio

33.95

-77.78

Market Cap

₹80.87 Cr.

₹208.13 Cr.

ROE

13.94%%

-15.48%%

ROCE

10.87%%

3.85%%

Debt/Equity

1.55

EPS

₹1.83

₹-2.57

RoNW

13.94%%

-15.48%%

Shares Offered

In the BikeWo GreenTech IPO retail investors (RII) are offered while in Pelatro IPO retail investors are offered . Qualified institutional buyers (QIB) are offered in BikeWo GreenTech IPO and 5,21,400 shares in Pelatro IPO.

	BikeWo GreenTech IPO	Pelatro IPO
Anchor Investor Reserveration		7,81,800 shares
Market Maker Reserveration	1,96,000 shares	1,40,400 shares
QIB		5,21,400 shares
NII		3,92,400 shares
RII		9,13,200 shares
Employee		0 shares
Others
Total		18,76,800 shares

Bids Received (Subscription)

BikeWo GreenTech IPO subscribed in total, whereas Pelatro IPO subscribed 1.54x.

	BikeWo GreenTech IPO	Pelatro IPO
QIB (times)		0.00x
NII (times)		1.05x
Big NII (times)
Small NII (times)
RII (times)		2.66x
Employee (times)
Other (times)
Total (times)		1.54x

Compare with others

BikeWo GreenTech IPO	Pelatro IPO
Avax Apparels And Ornaments IPO	Rappid Valves (India) IPO
Rappid Valves (India) IPO	Phoenix Overseas IPO
Phoenix Overseas IPO	WOL 3D IPO
WOL 3D IPO	SD Retail Logo IPO
SD Retail Logo IPO	BikeWo GreenTech IPO
Pelatro IPO	Osel Devices IPO
Osel Devices IPO	Paramount Speciality Forgings IPO
Paramount Speciality Forgings IPO	Popular Foundations IPO
Popular Foundations IPO	Sodhani Academy of Fintech Enablers IPO
Sodhani Academy of Fintech Enablers IPO	Deccan Transcon Leasing IPO

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