QVC Exports IPO vs Resourceful Automobile IPO

Comparision between QVC Exports IPO and Resourceful Automobile IPO.

IPO Details

QVC Exports IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Resourceful Automobile IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	QVC Exports IPO	Resourceful Automobile IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Khandwala Securities Limited	Swastika Investmart Ltd
Registrar	Cameo Corporate Services Limited	Cameo Corporate Services Limited
Market Maker	Aftertrade Broking Pvt Ltd	Nikunj Stock Brokers Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of QVC Exports IPO is up to ₹24.07 Cr whereas the issue size of the Resourceful Automobile IPO is up to ₹11.99 Cr. The final issue price of QVC Exports IPO is ₹86.00 per share and of Resourceful Automobile IPO is ₹117.00 per share.

	QVC Exports IPO	Resourceful Automobile IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹86.00 per share	₹117.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	1200 shares
Fresh Issue Size	20,49,600 shares	10,24,800 shares
Fresh Issue Size (Amount)	up to ₹17.63 Cr	up to ₹11.99 Cr
OFS Issue Size	7,48,800 shares
OFS Issue Size (Amount)	up to ₹6.44 Cr
Issue Size Total	27,98,400 shares	10,24,800 shares
Issue Size Total (Amount)	up to ₹24.07 Cr	up to ₹11.99 Cr

IPO Timetable

QVC Exports IPO opens on Aug 21, 2024, while Resourceful Automobile IPO opens on Aug 22, 2024. The closing date of QVC Exports IPO and Resourceful Automobile IPO is Aug 23, 2024, and Aug 26, 2024, respectively.

	QVC Exports IPO	Resourceful Automobile IPO
Anchor Bid Date
Issue Open	Aug 21, 2024	Aug 22, 2024
Issue Close	Aug 23, 2024	Aug 26, 2024
Basis Of Allotment (Tentative)	Aug 26, 2024	Aug 27, 2024
Initiation of Refunds (Tentative)	Aug 27, 2024	Aug 28, 2024
Credit of Share (Tentative)	Aug 27, 2024	Aug 28, 2024
Listing date (Tentative)	Aug 28, 2024	Aug 29, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

QVC Exports IPO P/E ratio is 18.4, as compared to Resourceful Automobile IPO P/E ratio of 45.99.

QVC Exports IPO

Resourceful Automobile IPO

Financial

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

Resourceful Automobile Limited Financial Information (Restated)

Period Ended	29 Feb 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,451.41	1,000.49	1,008.58	429.46
Revenue	1,723.64	1,938.26	1,250.1	1,127.26
Profit After Tax	152.24	41.5	28.73	0.16
Net Worth	315.78	163.56	74.78	46.05
Reserves and Surplus	152.67	66.27	24.78	-3.95
Total Borrowing	992.34	747.77	673.73	269.81
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.98%

100.00%

Promoter Shareholding (Post-Issue)

73.22%

61.41%

P/E Ratio

18.4

45.99

Market Cap

₹89.88 Cr.

₹31.07 Cr.

ROE

7.20%%

0.48%

ROCE

34.22%%

31.22%

Debt/Equity

1.46

EPS

₹4.67

₹2.54

RoNW

17.75%%

0.48%

Shares Offered

In the QVC Exports IPO retail investors (RII) are offered 13,29,600 shares while in Resourceful Automobile IPO retail investors are offered 13,29,600 shares. Qualified institutional buyers (QIB) are offered 0 shares in QVC Exports IPO and 0 shares in Resourceful Automobile IPO.

	QVC Exports IPO	Resourceful Automobile IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,40,800 shares	51,600 shares
QIB	0 shares	0 shares
NII	13,28,000 shares	4,86,600 shares
RII	13,29,600 shares	4,86,600 shares
Employee	0 shares	0 shares
Others
Total	26,57,600 shares	9,73,200 shares

Bids Received (Subscription)

QVC Exports IPO subscribed 535.00x in total, whereas Resourceful Automobile IPO subscribed 74.13x.

	QVC Exports IPO	Resourceful Automobile IPO
QIB (times)
NII (times)	596.57x	42.32x
Big NII (times)
Small NII (times)
RII (times)	418.64x	105.93x
Employee (times)
Other (times)
Total (times)	535.00x	74.13x

Compare with others

QVC Exports IPO	Resourceful Automobile 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	Indian Phosphate 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	Broach Lifecare Hospital IPO

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