BikeWo GreenTech IPO vs Sodhani Academy of Fintech Enablers IPO

Comparision between BikeWo GreenTech IPO and Sodhani Academy of Fintech Enablers IPO.

IPO Details

BikeWo GreenTech IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Sodhani Academy of Fintech Enablers IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	BikeWo GreenTech IPO	Sodhani Academy of Fintech Enablers IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Khandwala Securities Limited	Srujan Alpha Capital Advisors Llp
Registrar	Bigshare Services Pvt Ltd	Cameo Corporate Services Limited
Market Maker	Aftertrade Broking Pvt Ltd	Prabhat Financial Services Ltd.
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 BikeWo GreenTech IPO is up to ₹24.09 Cr whereas the issue size of the Sodhani Academy of Fintech Enablers IPO is up to ₹6.12 Cr. The final issue price of BikeWo GreenTech IPO is ₹62.00 per share and of Sodhani Academy of Fintech Enablers IPO is ₹40.00 per share.

	BikeWo GreenTech IPO	Sodhani Academy of Fintech Enablers IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹59.00 per share
Issue Price (Upper)	₹62.00 per share
Issue Price (Final)	₹62.00 per share	₹40.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	3000 shares
Fresh Issue Size	38,86,000 shares	9,70,000 shares
Fresh Issue Size (Amount)	up to ₹24.09 Cr	up to ₹3.88 Cr
OFS Issue Size		5,60,000 shares
OFS Issue Size (Amount)		up to ₹2.24 Cr
Issue Size Total	38,86,000 shares	15,30,000 shares
Issue Size Total (Amount)	up to ₹24.09 Cr	up to ₹6.12 Cr

IPO Timetable

BikeWo GreenTech IPO opens on Sep 20, 2024, while Sodhani Academy of Fintech Enablers IPO opens on Sep 12, 2024. The closing date of BikeWo GreenTech IPO and Sodhani Academy of Fintech Enablers IPO is Sep 24, 2024, and Sep 17, 2024, respectively.

	BikeWo GreenTech IPO	Sodhani Academy of Fintech Enablers IPO
Anchor Bid Date
Issue Open	Sep 20, 2024	Sep 12, 2024
Issue Close	Sep 24, 2024	Sep 17, 2024
Basis Of Allotment (Tentative)	Sep 25, 2024	Sep 18, 2024
Initiation of Refunds (Tentative)	Sep 26, 2024	Sep 19, 2024
Credit of Share (Tentative)	Sep 26, 2024	Sep 19, 2024
Listing date (Tentative)	Sep 27, 2024	Sep 20, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

BikeWo GreenTech IPO P/E ratio is 33.95, as compared to Sodhani Academy of Fintech Enablers IPO P/E ratio of 10.32.

BikeWo GreenTech IPO

Sodhani Academy of Fintech Enablers IPO

Financial

BikeWo GreenTech Limited Financial Information (Restated)

BikeWo GreenTech Limited's revenue increased by 22% and profit after tax (PAT) rose by 1606% 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	3,151.35	1,962.4	1,497.41
Revenue	2,514.21	2,061.86	1,391.71
Profit After Tax	167.21	9.8	15.19
Net Worth	1,676.7	723.14	713.34
Total Borrowing	1,419.35	1,239.26	784.07
Amount in ₹ Lakhs

Sodhani Academy of Fintech Enablers Limited Financial Information (Restated)

Sodhani Academy of Fintech Enablers Limited's revenue increased by 51% and profit after tax (PAT) rose by 32% 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	660.04	501.57	363.2
Revenue	306.95	203.45	188.19
Profit After Tax	183.17	138.6	123.91
Net Worth	656.22	476.85	338.25
Reserves and Surplus	183.72	341.85	311.25
Total Borrowing		2.65	4.1
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

89.00%

99.99%

Promoter Shareholding (Post-Issue)

62.48%

73.12%

P/E Ratio

33.95

10.32

Market Cap

₹80.87 Cr.

₹22.78 Cr.

ROE

13.94%%

27.91%%

ROCE

10.87%%

36.77%%

Debt/Equity

EPS

₹1.83

₹3.88

RoNW

13.94%%

27.91%%

Shares Offered

In the BikeWo GreenTech IPO retail investors (RII) are offered 17,52,000 shares while in Sodhani Academy of Fintech Enablers IPO retail investors are offered 17,52,000 shares. Qualified institutional buyers (QIB) are offered 1,86,000 shares in BikeWo GreenTech IPO and 0 shares in Sodhani Academy of Fintech Enablers IPO.

	BikeWo GreenTech IPO	Sodhani Academy of Fintech Enablers IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,96,000 shares	78,000 shares
QIB	1,86,000 shares	0 shares
NII	17,52,000 shares	7,26,000 shares
RII	17,52,000 shares	7,26,000 shares
Employee	0 shares	0 shares
Others
Total	36,90,000 shares	14,52,000 shares

Bids Received (Subscription)

BikeWo GreenTech IPO subscribed 41.82x in total, whereas Sodhani Academy of Fintech Enablers IPO subscribed 438.72x.

	BikeWo GreenTech IPO	Sodhani Academy of Fintech Enablers IPO
QIB (times)	43.03x
NII (times)	22.48x	511.34x
Big NII (times)
Small NII (times)
RII (times)	61.04x	358.47x
Employee (times)
Other (times)
Total (times)	41.82x	438.72x

Compare with others

BikeWo GreenTech IPO	Sodhani Academy of Fintech Enablers IPO
Avi Ansh Textile IPO	BikeWo GreenTech IPO
Rappid Valves (India) IPO	Pelatro IPO
Phoenix Overseas IPO	Osel Devices IPO
WOL 3D IPO	Paramount Speciality Forgings IPO
SD Retail IPO	Popular Foundations IPO
Pelatro IPO	Deccan Transcon Leasing IPO
Osel Devices IPO	Envirotech Systems IPO
Paramount Speciality Forgings IPO	Trafiksol ITS Technologies IPO
Popular Foundations IPO	Gajanand International IPO
Sodhani Academy of Fintech Enablers IPO	Innomet Advanced Materials IPO

Comments

Add a public comment...