Innovatus Entertainment Networks IPO vs Shelter Pharma IPO

Comparision between Innovatus Entertainment Networks IPO and Shelter Pharma IPO.

IPO Details

Innovatus Entertainment Networks IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Shelter Pharma IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Innovatus Entertainment Networks IPO	Shelter Pharma IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Inventure Merchant Banker Services Pvt Ltd	Gretex Corporate Services Limited
Registrar	Purva Sharegistry India Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Pure Broking Private Limited	Gretex Share Broking Private 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 Innovatus Entertainment Networks IPO is up to ₹7.74 Cr whereas the issue size of the Shelter Pharma IPO is up to ₹16.03 Cr. The final issue price of Innovatus Entertainment Networks IPO is ₹50.00 per share and of Shelter Pharma IPO is ₹42.00 per share.

	Innovatus Entertainment Networks IPO	Shelter Pharma IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹50.00 per share	₹42.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	3000 shares
Fresh Issue Size	15,48,000 shares	38,16,000 shares
Fresh Issue Size (Amount)	up to ₹7.74 Cr	up to ₹16.03 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	15,48,000 shares	38,16,000 shares
Issue Size Total (Amount)	up to ₹7.74 Cr	up to ₹16.03 Cr

IPO Timetable

Innovatus Entertainment Networks IPO opens on Jul 25, 2023, while Shelter Pharma IPO opens on Aug 10, 2023. The closing date of Innovatus Entertainment Networks IPO and Shelter Pharma IPO is Jul 27, 2023, and Aug 14, 2023, respectively.

	Innovatus Entertainment Networks IPO	Shelter Pharma IPO
Anchor Bid Date
Issue Open	Jul 25, 2023	Aug 10, 2023
Issue Close	Jul 27, 2023	Aug 14, 2023
Basis Of Allotment (Tentative)	Aug 01, 2023	Aug 18, 2023
Initiation of Refunds (Tentative)	Aug 02, 2023	Aug 21, 2023
Credit of Share (Tentative)	Aug 03, 2023	Aug 22, 2023
Listing date (Tentative)	Aug 04, 2023	Aug 23, 2023
Anchor Lockin End date 1	Aug 31, 2023	Sep 17, 2023
Anchor Lockin End date 2	Oct 30, 2023	Nov 16, 2023

Financials

Innovatus Entertainment Networks IPO P/E ratio is 41, as compared to Shelter Pharma IPO P/E ratio of 5.62.

Innovatus Entertainment Networks IPO

Shelter Pharma IPO

Financial

Innovatus Entertainment Networks Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	449.41	1,042.12	29.44	171.61	170.61	0.00
31-Mar-21	597.72	784.07	33.38	205.00	204.00	152.34
31-Mar-22	530.83	787.90	30.19	235.19	34.19	152.34
31-Mar-23	822.63	1,093.93	48.26	483.45	242.45	152.34
Amount in ₹ Lakhs

Shelter Pharma IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	1,020.24	1,283.93	2,144.90
Revenue	2,248.86	3,005.84	3,615.51
Profit After Tax	-23.88	183.70	578.33
Net Worth	711.17	880.42	1,451.06
Reserves and Surplus	667.40	844.45	676.68
Total Borrowing	0.46	13.12	178.41

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.97%

84.92%

Promoter Shareholding (Post-Issue)

60.87%

56.89%

P/E Ratio

5.62

Market Cap

₹19.79 Cr.

₹48.55 Cr.

ROE

9.98%%

ROCE

11.32%%

Debt/Equity

0.32

EPS

₹2.00

₹7.47

RoNW

9.98%%

39.86%%

Shares Offered

In the Innovatus Entertainment Networks IPO retail investors (RII) are offered 7,35,000 shares while in Shelter Pharma IPO retail investors are offered 7,35,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Innovatus Entertainment Networks IPO and 0 shares in Shelter Pharma IPO.

	Innovatus Entertainment Networks IPO	Shelter Pharma IPO
Anchor Investor Reserveration
Market Maker Reserveration	78,000 shares	1,94,000 shares
QIB	0 shares	0 shares
NII	7,35,000 shares	18,10,000 shares
RII	7,35,000 shares	18,12,000 shares
Employee	0 shares	0 shares
Others
Total	14,70,000 shares	34,30,000 shares

Bids Received (Subscription)

Innovatus Entertainment Networks IPO subscribed 105.21x in total, whereas Shelter Pharma IPO subscribed 15.25x.

	Innovatus Entertainment Networks IPO	Shelter Pharma IPO
QIB (times)
NII (times)	56.58x	6.59x
Big NII (times)
Small NII (times)
RII (times)	150.50x	22.28x
Employee (times)
Other (times)
Total (times)	105.21x	15.25x

Compare with others

Innovatus Entertainment Networks IPO	Shelter Pharma IPO
Shelter Pharma IPO	Sungarner Energies IPO
Sangani Hospitals IPO	Sahaj Fashions IPO
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Vinsys IT Services IPO	Yudiz Solutions IPO
Yasons Chemex Care IPO	Zeal Global Services IPO
Committed Cargo Care IPO	Oriana Power IPO
Khazanchi Jewellers IPO	Innovatus Entertainment Networks IPO

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