Indian Phosphate IPO vs QVC Exports IPO

Comparision between Indian Phosphate IPO and QVC Exports IPO.

IPO Details

Indian Phosphate IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while QVC Exports IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Indian Phosphate IPO	QVC Exports IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Beeline Capital Advisors Pvt Ltd	Khandwala Securities Limited
Registrar	Bigshare Services Pvt Ltd	Cameo Corporate Services Limited
Market Maker	Spread X Securities Private Limited	Aftertrade Broking Pvt Ltd
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of Indian Phosphate IPO is up to ₹67.36 Cr whereas the issue size of the QVC Exports IPO is up to ₹24.07 Cr. The final issue price of Indian Phosphate IPO is and of QVC Exports IPO is ₹86.00 per share.

	Indian Phosphate IPO	QVC Exports IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹94.00 per share
Issue Price (Upper)	₹99.00 per share
Issue Price (Final)		₹86.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	1600 shares
Fresh Issue Size	68,04,000 shares	20,49,600 shares
Fresh Issue Size (Amount)	up to ₹67.36 Cr	up to ₹17.63 Cr
OFS Issue Size		7,48,800 shares
OFS Issue Size (Amount)		up to ₹6.44 Cr
Issue Size Total	68,04,000 shares	27,98,400 shares
Issue Size Total (Amount)	up to ₹67.36 Cr	up to ₹24.07 Cr

IPO Timetable

Indian Phosphate IPO opens on Aug 26, 2024, while QVC Exports IPO opens on Aug 21, 2024. The closing date of Indian Phosphate IPO and QVC Exports IPO is Aug 29, 2024, and Aug 23, 2024, respectively.

	Indian Phosphate IPO	QVC Exports IPO
Anchor Bid Date	Aug 23, 2024
Issue Open	Aug 26, 2024	Aug 21, 2024
Issue Close	Aug 29, 2024	Aug 23, 2024
Basis Of Allotment (Tentative)	Aug 30, 2024	Aug 26, 2024
Initiation of Refunds (Tentative)	Sep 02, 2024	Aug 27, 2024
Credit of Share (Tentative)	Sep 02, 2024	Aug 27, 2024
Listing date (Tentative)	Sep 03, 2024	Aug 28, 2024
Anchor Lockin End date 1	Sep 29, 2024
Anchor Lockin End date 2	Nov 28, 2024

Financials

Indian Phosphate IPO P/E ratio is 14.88, as compared to QVC Exports IPO P/E ratio of 18.4.

Indian Phosphate IPO

QVC Exports IPO

Financial

Indian Phosphate Limited Financial Information (Restated Consolidated)

Indian Phosphate Limited's revenue decreased by -7% and profit after tax (PAT) dropped by -27% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	25,518.6	17,407.45	10,789.93	6,313.71
Revenue	71,757.81	77,093.2	55,838.56	41,501.81
Profit After Tax	1,210.21	1,659.53	1,616.61	509.44
Net Worth	8,099.06	6,751.8	5,092.27	3,475.66
Reserves and Surplus	6,280.56	6,480.37	4,820.84	3,204.23
Total Borrowing	4,023.17	1,535.48	1,830.58	434.04
Amount in ₹ Lakhs

QVC Exports Limited Financial Information (Restated Consolidated)

QVC Exports Limited's revenue increased by 112% and profit after tax (PAT) rose by 129% 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	9,386.23	6,489.81	5,461.44
Revenue	45,462.68	21,471.14	12,782.5
Profit After Tax	392.76	171.48	90.54
Net Worth	3,407.9	2,802.99	2,668.09
Reserves and Surplus	2,567.73	2,382.91	2,208.79
Total Borrowing	4,981.73	3,227.57	2,159.43
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

99.98%

Promoter Shareholding (Post-Issue)

73.22%

P/E Ratio

14.88

18.4

Market Cap

₹247.40 Cr.

₹89.88 Cr.

ROE

18.14%%

7.20%%

ROCE

20.93%%

34.22%%

Debt/Equity

1.46

EPS

₹6.65

₹4.67

RoNW

16.63%%

17.75%%

Shares Offered

In the Indian Phosphate IPO retail investors (RII) are offered while in QVC Exports IPO retail investors are offered . Qualified institutional buyers (QIB) are offered in Indian Phosphate IPO and 0 shares in QVC Exports IPO.

	Indian Phosphate IPO	QVC Exports IPO
Anchor Investor Reserveration	1,91,28,400 shares
Market Maker Reserveration	3,73,200 shares	1,40,800 shares
QIB		0 shares
NII		13,28,000 shares
RII		13,29,600 shares
Employee		0 shares
Others
Total		26,57,600 shares

Bids Received (Subscription)

Indian Phosphate IPO subscribed in total, whereas QVC Exports IPO subscribed 535.00x.

	Indian Phosphate IPO	QVC Exports IPO
QIB (times)
NII (times)		596.57x
Big NII (times)
Small NII (times)
RII (times)		418.64x
Employee (times)
Other (times)
Total (times)		535.00x

Compare with others

Indian Phosphate IPO	QVC Exports IPO
Archit Nuwood Industries IPO	Jay Bee Laminations IPO
Aeron Composite IPO	Rapid Multimodal Logistics IPO
Paramatrix Technologies IPO	Indian Phosphate IPO
Jay Bee Laminations IPO	Resourceful Automobile IPO
Rapid Multimodal Logistics IPO	Ideal Technoplast Industries IPO
Resourceful Automobile IPO	Forcas Studio IPO
Ideal Technoplast Industries IPO	Solve Plastic Products IPO
QVC Exports IPO	Broach Lifecare Hospital IPO
Forcas Studio IPO	Brace Port Logistics IPO
Solve Plastic Products IPO	Sunlite Recycling Industries IPO

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