Prevest Denpro IPO vs Quadpro ITES IPO

Comparision between Prevest Denpro IPO and Quadpro ITES IPO.

IPO Details

Prevest Denpro IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Quadpro ITES IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Prevest Denpro IPO	Quadpro ITES IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Hem Securities Limited	Beeline Broking Ltd
Registrar	Bigshare Services Pvt Ltd	Kfin Technologies Limited
Market Maker
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 Prevest Denpro IPO is up to ₹26.61 Cr whereas the issue size of the Quadpro ITES IPO is up to ₹14.10 Cr. The final issue price of Prevest Denpro IPO is ₹84.00 per share and of Quadpro ITES IPO is ₹20.00 per share.

	Prevest Denpro IPO	Quadpro ITES IPO
Face Value	₹10 per share	₹2 per share
Issue Price (Lower)	₹82.00 per share
Issue Price (Upper)	₹84.00 per share
Issue Price (Final)	₹84.00 per share	₹20.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	6000 shares
Fresh Issue Size	31,68,000 shares	63,00,000 shares
Fresh Issue Size (Amount)	up to ₹26.61 Cr	up to ₹12.60 Cr
OFS Issue Size		7,50,000 shares
OFS Issue Size (Amount)		up to ₹1.50 Cr
Issue Size Total	22,65,600 shares	70,50,000 shares
Issue Size Total (Amount)	up to ₹26.61 Cr	up to ₹14.10 Cr

IPO Timetable

Prevest Denpro IPO opens on Sep 15, 2021, while Quadpro ITES IPO opens on Sep 20, 2021. The closing date of Prevest Denpro IPO and Quadpro ITES IPO is Sep 17, 2021, and Sep 22, 2021, respectively.

	Prevest Denpro IPO	Quadpro ITES IPO
Anchor Bid Date	Sep 18, 2021
Issue Open	Sep 15, 2021	Sep 20, 2021
Issue Close	Sep 17, 2021	Sep 22, 2021
Basis Of Allotment (Tentative)	Sep 22, 2021	Sep 27, 2021
Initiation of Refunds (Tentative)	Sep 23, 2021	Sep 28, 2021
Credit of Share (Tentative)	Sep 24, 2021	Sep 28, 2021
Listing date (Tentative)	Sep 27, 2021	Sep 30, 2021
Anchor Lockin End date 1	Oct 22, 2021	Oct 27, 2021
Anchor Lockin End date 2	Dec 21, 2021	Dec 26, 2021

Financials

Prevest Denpro IPO P/E ratio is 9.98, as compared to Quadpro ITES IPO P/E ratio of 68.96.

Prevest Denpro IPO

Quadpro ITES IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Lakhs)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	3,069.97	2,107.86	1,534.48
Total Revenue	2,951.35	2,455.97	1,977.08
Profit After Tax	743.96	500.87	299.38

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Lakhs)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	549.62	507.33	626.53
Total Revenue	1,034.95	1,291.02	1,507.20
Profit After Tax	72.68	21.17	(66.07)

Promoter Shareholding (Pre-Issue)

100%

Promoter Shareholding (Post-Issue)

73.61%

72.11%

P/E Ratio

9.98

68.96

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Prevest Denpro IPO retail investors (RII) are offered 10,52,800 shares while in Quadpro ITES IPO retail investors are offered 10,52,800 shares. Qualified institutional buyers (QIB) are offered 6,01,600 shares in Prevest Denpro IPO and in Quadpro ITES IPO.

	Prevest Denpro IPO	Quadpro ITES IPO
Anchor Investor Reserveration	9,02,400 shares
Market Maker Reserveration	1,60,000 shares	3,54,000 shares
QIB	6,01,600 shares
NII	6,11,200 shares	33,48,000 shares
RII	10,52,800 shares	33,48,000 shares
Employee
Others
Total	22,65,600 shares	66,96,000 shares

Bids Received (Subscription)

Prevest Denpro IPO subscribed 38.12x in total, whereas Quadpro ITES IPO subscribed 16.12x.

	Prevest Denpro IPO	Quadpro ITES IPO
QIB (times)	5.78x
NII (times)	78.98x	8.71x
Big NII (times)
Small NII (times)
RII (times)	32.87x	23.53x
Employee (times)
Other (times)
Total (times)	38.12x	16.12x

Compare with others

Prevest Denpro IPO	Quadpro ITES IPO
Shri Venkatesh Refineries IPO	Dynamic Services & Security IPO
Jainam Ferro Alloys IPO	Destiny Logistics & Infra IPO
Getalong Enterprise Limited IPO	Shri Venkatesh Refineries IPO
Quadpro ITES IPO	Jainam Ferro Alloys IPO
Markolines Traffic Controls IPO	Getalong Enterprise Limited IPO
Platinumone Business Services IPO	Markolines Traffic Controls IPO
Naapbooks Limited IPO	Prevest Denpro IPO
BEW Engineering IPO	Platinumone Business Services IPO
SBL Infratech Limited IPO	Naapbooks Limited IPO
DU Digital Technologies IPO	BEW Engineering IPO

Comments

Add a public comment...