QVC Exports IPO vs Solve Plastic Products IPO

Comparision between QVC Exports IPO and Solve Plastic Products IPO.

IPO Details

QVC Exports IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Solve Plastic Products IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	QVC Exports IPO	Solve Plastic Products IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Khandwala Securities Limited	Finshore Management Services Limited
Registrar	Cameo Corporate Services Limited	Integrated Registry Management Services Private Limited
Market Maker	Aftertrade Broking Pvt Ltd	Black Fox Financial Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL		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 Solve Plastic Products IPO is up to ₹11.85 Cr. The final issue price of QVC Exports IPO is ₹86.00 per share and of Solve Plastic Products IPO is ₹91.00 per share.

	QVC Exports IPO	Solve Plastic Products IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹86.00 per share	₹91.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	1200 shares
Fresh Issue Size	20,49,600 shares	13,02,000 shares
Fresh Issue Size (Amount)	up to ₹17.63 Cr	up to ₹11.85 Cr
OFS Issue Size	7,48,800 shares
OFS Issue Size (Amount)	up to ₹6.44 Cr
Issue Size Total	27,98,400 shares	13,02,000 shares
Issue Size Total (Amount)	up to ₹24.07 Cr	up to ₹11.85 Cr

IPO Timetable

QVC Exports IPO opens on Aug 21, 2024, while Solve Plastic Products IPO opens on Aug 13, 2024. The closing date of QVC Exports IPO and Solve Plastic Products IPO is Aug 23, 2024, and Aug 16, 2024, respectively.

	QVC Exports IPO	Solve Plastic Products IPO
Anchor Bid Date
Issue Open	Aug 21, 2024	Aug 13, 2024
Issue Close	Aug 23, 2024	Aug 16, 2024
Basis Of Allotment (Tentative)	Aug 26, 2024	Aug 19, 2024
Initiation of Refunds (Tentative)	Aug 27, 2024	Aug 20, 2024
Credit of Share (Tentative)	Aug 27, 2024	Aug 20, 2024
Listing date (Tentative)	Aug 28, 2024	Aug 21, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

QVC Exports IPO P/E ratio is 18.4, as compared to Solve Plastic Products IPO P/E ratio of 23.2.

QVC Exports IPO

Solve Plastic Products 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

Solve Plastic Products Limited Financial Information (Restated)

Solve Plastic Products Limited's revenue decreased by -24% and profit after tax (PAT) rose by 18% 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	2,211.53	1,874.27	1,822.99
Revenue	4,715.73	6,225.43	5,577.89
Profit After Tax	142.48	120.27	-40.71
Net Worth	438.79	192.56	72.29
Reserves and Surplus	132.16	-110.94	-231.21
Total Borrowing	1,136.42	1,053.42	1,030.43
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.98%

90.22%

Promoter Shareholding (Post-Issue)

73.22%

63.33%

P/E Ratio

18.4

23.2

Market Cap

₹89.88 Cr.

₹39.75 Cr.

ROE

7.20%%

ROCE

34.22%%

Debt/Equity

1.46

2.83

EPS

₹4.67

₹3.92

RoNW

17.75%%

32.47%%

Shares Offered

In the QVC Exports IPO retail investors (RII) are offered 13,29,600 shares while in Solve Plastic Products 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 Solve Plastic Products IPO.

	QVC Exports IPO	Solve Plastic Products IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,40,800 shares	66,000 shares
QIB	0 shares	0 shares
NII	13,28,000 shares	6,18,000 shares
RII	13,29,600 shares	6,18,000 shares
Employee	0 shares	0 shares
Others
Total	26,57,600 shares	12,36,000 shares

Bids Received (Subscription)

QVC Exports IPO subscribed 535.00x in total, whereas Solve Plastic Products IPO subscribed 34.23x.

	QVC Exports IPO	Solve Plastic Products IPO
QIB (times)
NII (times)	596.57x	19.47x
Big NII (times)
Small NII (times)
RII (times)	418.64x	46.76x
Employee (times)
Other (times)
Total (times)	535.00x	34.23x

Compare with others

QVC Exports IPO	Solve Plastic Products IPO
Jay Bee Laminations IPO	Indian Phosphate IPO
Rapid Multimodal Logistics IPO	Resourceful Automobile IPO
Indian Phosphate IPO	Ideal Technoplast Industries IPO
Resourceful Automobile IPO	QVC Exports IPO
Ideal Technoplast Industries IPO	Forcas Studio IPO
Forcas Studio IPO	Broach Lifecare Hospital IPO
Solve Plastic Products IPO	Brace Port Logistics IPO
Broach Lifecare Hospital IPO	Sunlite Recycling Industries IPO
Brace Port Logistics IPO	Positron Energy IPO
Sunlite Recycling Industries IPO	Aesthetik Engineers IPO

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