Pune E-Stock Broking IPO vs Purv Flexipack IPO

Comparision between Pune E-Stock Broking IPO and Purv Flexipack IPO.

IPO Details

Pune E-Stock Broking IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Purv Flexipack IPO is a SME Book Built Issue proposed to list at NSE SME.

	Pune E-Stock Broking IPO	Purv Flexipack IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Share India Capital Services Private Limited	Holani Consultants Private Limited
Registrar	Bigshare Services Pvt Ltd	Link Intime India Private Ltd
Market Maker	Share India Securities Limited	Holani Consultants Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Pune E-Stock Broking IPO is up to ₹38.23 Cr whereas the issue size of the Purv Flexipack IPO is up to ₹40.21 Cr. The final issue price of Pune E-Stock Broking IPO is ₹83.00 per share and of Purv Flexipack IPO is ₹71.00 per share.

	Pune E-Stock Broking IPO	Purv Flexipack IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹78.00 per share	₹70.00 per share
Issue Price (Upper)	₹83.00 per share	₹71.00 per share
Issue Price (Final)	₹83.00 per share	₹71.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	1600 shares
Fresh Issue Size	46,06,400 shares	56,64,000 shares
Fresh Issue Size (Amount)	up to ₹38.23 Cr	up to ₹40.21 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	46,06,400 shares	56,64,000 shares
Issue Size Total (Amount)	up to ₹38.23 Cr	up to ₹40.21 Cr

IPO Timetable

Pune E-Stock Broking IPO opens on Mar 07, 2024, while Purv Flexipack IPO opens on Feb 27, 2024. The closing date of Pune E-Stock Broking IPO and Purv Flexipack IPO is Mar 12, 2024, and Feb 29, 2024, respectively.

	Pune E-Stock Broking IPO	Purv Flexipack IPO
Anchor Bid Date	Mar 06, 2024	Feb 26, 2024
Issue Open	Mar 07, 2024	Feb 27, 2024
Issue Close	Mar 12, 2024	Feb 29, 2024
Basis Of Allotment (Tentative)	Mar 13, 2024	Mar 01, 2024
Initiation of Refunds (Tentative)	Mar 14, 2024	Mar 04, 2024
Credit of Share (Tentative)	Mar 14, 2024	Mar 04, 2024
Listing date (Tentative)	Mar 15, 2024	Mar 05, 2024
Anchor Lockin End date 1	Apr 12, 2024	Mar 31, 2024
Anchor Lockin End date 2	Jun 11, 2024	May 30, 2024

Financials

Pune E-Stock Broking IPO P/E ratio is 9.5, as compared to Purv Flexipack IPO P/E ratio of 13.17.

Pune E-Stock Broking IPO

Purv Flexipack IPO

Financial

Pune E-Stock Broking Limited Financial Information (Restated Consolidated)

Pune E-Stock Broking Limited's revenue decreased by -12.06% and profit after tax (PAT) dropped by -4.69% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	22,224.76	15,801.00	16,314.24	13,288.68
Revenue	3,010.80	4,103.10	4,665.70	3,474.64
Profit After Tax	610.67	964.52	1,012.03	650.48
Net Worth	8,259.66	7,654.66	6,754.55	5,806.65
Reserves and Surplus	7,155.22	6,918.36	6,018.26	5,070.35
Total Borrowing	826.19	1,853.74	1,640.17	1,195.00
Amount in ₹ Lakhs

Purv Flexipack Limited Financial Information (Restated)

Purv Flexipack Limited's revenue increased by 48.66% and profit after tax (PAT) rose by 31.82% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	28,315.64	25,852.83	18,146.73	15,417.62
Revenue	13,935.79	34,107.83	22,943.81	13,780.26
Profit After Tax	430.13	826.13	626.73	567.50
Net Worth	8,152.42	7,619.22	6,793.09	5,898.36
Reserves and Surplus	6,740.54	6,207.34	5,381.21	4,486.48
Total Borrowing	15,013.96	12,350.98	8,340.10	7,077.77
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

72.75%

92.17%

Promoter Shareholding (Post-Issue)

51.34%

P/E Ratio

9.5

13.17

Market Cap

₹129.90 Cr.

₹148.98 Cr.

ROE

7.30%%

11.46%%

ROCE

8.25%%

18.50%%

Debt/Equity

1.62

EPS

₹8.73

₹5.39

RoNW

7.39%%

10.84%%

Shares Offered

In the Pune E-Stock Broking IPO retail investors (RII) are offered 13,71,200 shares while in Purv Flexipack IPO retail investors are offered 13,71,200 shares. Qualified institutional buyers (QIB) are offered 7,82,400 shares in Pune E-Stock Broking IPO and 10,52,800 shares in Purv Flexipack IPO.

	Pune E-Stock Broking IPO	Purv Flexipack IPO
Anchor Investor Reserveration	11,72,800 shares	15,16,800 shares
Market Maker Reserveration	6,91,200 shares	3,48,800 shares
QIB	7,82,400 shares	10,52,800 shares
NII	5,88,800 shares	8,44,800 shares
RII	13,71,200 shares	19,00,800 shares
Employee	0 shares	0 shares
Others
Total	27,42,400 shares	37,98,400 shares

Bids Received (Subscription)

Pune E-Stock Broking IPO subscribed 371.16x in total, whereas Purv Flexipack IPO subscribed 421.78x.

	Pune E-Stock Broking IPO	Purv Flexipack IPO
QIB (times)	123.02x	157.32x
NII (times)	775.99x	690.72x
Big NII (times)
Small NII (times)
RII (times)	338.92x	448.73x
Employee (times)
Other (times)
Total (times)	371.16x	421.78x

Compare with others

Pune E-Stock Broking IPO	Purv Flexipack IPO
Pratham EPC Projects IPO	V R Infraspace IPO
Koura Fine Diamond Jewelry IPO	Sona Machinery IPO
Shree Karni Fabcom IPO	Pune E-Stock Broking IPO
V R Infraspace IPO	M.V.K. Agro Food IPO
Sona Machinery IPO	Owais Metal and Mineral Processing IPO
M.V.K. Agro Food IPO	Sadhav Shipping IPO
Owais Metal and Mineral Processing IPO	Deem Roll Tech IPO
Purv Flexipack IPO	Zenith Drugs IPO
Sadhav Shipping IPO	Esconet Technologies IPO
Deem Roll Tech IPO	Trust Fintech IPO

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