Proventus Agrocom IPO vs Spectrum Talent Management IPO

Comparision between Proventus Agrocom IPO and Spectrum Talent Management IPO.

IPO Details

Proventus Agrocom IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Spectrum Talent Management IPO is a SME Book Built Issue proposed to list at NSE SME.

	Proventus Agrocom IPO	Spectrum Talent Management 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	Sundae Capital Advisors	Sarthi Capital Advisors Private Limited
Registrar	Bigshare Services Pvt Ltd	Skyline Financial Services Private Ltd
Market Maker	Ajcon Global Services Limited	Rikhav Securities Limited
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 Proventus Agrocom IPO is up to ₹69.54 Cr whereas the issue size of the Spectrum Talent Management IPO is up to ₹105.14 Cr. The final issue price of Proventus Agrocom IPO is ₹771.00 per share and of Spectrum Talent Management IPO is ₹173.00 per share.

	Proventus Agrocom IPO	Spectrum Talent Management IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹169.00 per share
Issue Price (Upper)		₹173.00 per share
Issue Price (Final)	₹771.00 per share	₹173.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	160 shares	800 shares
Fresh Issue Size	6,71,773 shares	51,85,600 shares
Fresh Issue Size (Amount)	up to ₹51.79 Cr	up to ₹89.71 Cr
OFS Issue Size	2,30,147 shares	8,92,000 shares
OFS Issue Size (Amount)	up to ₹17.74 Cr	up to ₹15.43 Cr
Issue Size Total	9,01,920 shares	60,77,600 shares
Issue Size Total (Amount)	up to ₹69.54 Cr	up to ₹105.14 Cr

IPO Timetable

Proventus Agrocom IPO opens on May 24, 2023, while Spectrum Talent Management IPO opens on Jun 09, 2023. The closing date of Proventus Agrocom IPO and Spectrum Talent Management IPO is May 26, 2023, and Jun 14, 2023, respectively.

	Proventus Agrocom IPO	Spectrum Talent Management IPO
Anchor Bid Date
Issue Open	May 24, 2023	Jun 09, 2023
Issue Close	May 26, 2023	Jun 14, 2023
Basis Of Allotment (Tentative)	May 31, 2023	Jun 19, 2023
Initiation of Refunds (Tentative)	Jun 01, 2023	Jun 20, 2023
Credit of Share (Tentative)	Jun 02, 2023	Jun 21, 2023
Listing date (Tentative)	Jun 05, 2023	Jun 22, 2023
Anchor Lockin End date 1	Jun 30, 2023	Jul 19, 2023
Anchor Lockin End date 2	Aug 29, 2023	Sep 17, 2023

Financials

Proventus Agrocom IPO P/E ratio is 186.23, as compared to Spectrum Talent Management IPO P/E ratio of 15.

Proventus Agrocom IPO

Spectrum Talent Management IPO

Financial

Proventus Agrochem Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	8,936.94	90,089.01	-2,190.46	5,663.58	4,731.01	1,728.54
31-Mar-21	8,843.36	30,173.92	187.90	5,844.50	4,911.92	2,940.72
31-Mar-22	10,131.13	40,434.57	114.03	5,966.75	5,034.17	3,444.05
31-Dec-22	9,735.37	31,909.63	189.82	6,167.31	5,234.74	3,061.13
Amount in ₹ Lakhs

Spectrum Talent Management Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	4,081.10	32,362.37	675.96	1,500.36	1,025.36	422.19
31-Mar-21	4,630.20	30,296.00	476.41	1,976.30	1,026.30	60.72
31-Mar-22	6,479.29	48,372.17	1,552.71	2,827.37	1,972.37	1,026.88
31-Dec-22	8,657.66	58,415.74	1,997.46	4,844.57	3,053.82	255.09
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

92.29%

100.00%

Promoter Shareholding (Post-Issue)

70.84%

72.25%

P/E Ratio

186.23

Market Cap

₹264.27 Cr.

ROE

0.04%%

ROCE

0.05%%

Debt/Equity

0.56

EPS

₹4.14

₹10.25

RoNW

3.08%%

42.99%%

Shares Offered

In the Proventus Agrocom IPO retail investors (RII) are offered 4,28,450 shares while in Spectrum Talent Management IPO retail investors are offered 4,28,450 shares. Qualified institutional buyers (QIB) are offered 0 shares in Proventus Agrocom IPO and 5,76,000 shares in Spectrum Talent Management IPO.

	Proventus Agrocom IPO	Spectrum Talent Management IPO
Anchor Investor Reserveration
Market Maker Reserveration	45,100 shares	3,04,000 shares
QIB	0 shares	5,76,000 shares
NII	4,28,430 shares	25,98,400 shares
RII	4,28,450 shares	25,99,200 shares
Employee	0 shares	0 shares
Others
Total	8,56,880 shares	57,73,600 shares

Bids Received (Subscription)

Proventus Agrocom IPO subscribed 2.70x in total, whereas Spectrum Talent Management IPO subscribed 12.27x.

	Proventus Agrocom IPO	Spectrum Talent Management IPO
QIB (times)		11.21x
NII (times)	4.65x	11.68x
Big NII (times)
Small NII (times)
RII (times)	0.74x	13.10x
Employee (times)
Other (times)
Total (times)	2.70x	12.27x

Compare with others

Proventus Agrocom IPO	Spectrum Talent Management IPO
Kore Digital IPO	Comrade Appliances IPO
Sahana System IPO	Infollion Research Services IPO
CFF Fluid Control IPO	Proventus Agrocom IPO
Comrade Appliances IPO	Hemant Surgical Industries IPO
Infollion Research Services IPO	Vasa Denticity IPO
Hemant Surgical Industries IPO	Crayons Advertising IPO
Vasa Denticity IPO	Remus Pharmaceuticals IPO
Spectrum Talent Management IPO	Auro Impex & Chemicals IPO
Crayons Advertising IPO	Innokaiz India IPO
Remus Pharmaceuticals IPO	Krishca Strapping Solutions IPO

Comments

Add a public comment...