Naturewings Holidays IPO vs SPP Polymers IPO

Comparision between Naturewings Holidays IPO and SPP Polymers IPO.

IPO Details

Naturewings Holidays IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while SPP Polymers IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Naturewings Holidays IPO	SPP Polymers IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Fedex Securities Pvt Ltd	Interactive Financial Services Ltd
Registrar	Bigshare Services Pvt Ltd	Kfin Technologies Limited
Market Maker	Pure Broking Private Limited	B.N. Rathi Securities Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Naturewings Holidays IPO is up to ₹7.03 Cr whereas the issue size of the SPP Polymers IPO is up to ₹24.49 Cr. The final issue price of Naturewings Holidays IPO is ₹74.00 per share and of SPP Polymers IPO is ₹59.00 per share.

	Naturewings Holidays IPO	SPP Polymers IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹74.00 per share	₹59.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	2000 shares
Fresh Issue Size	9,50,400 shares	41,50,000 shares
Fresh Issue Size (Amount)	up to ₹7.03 Cr	up to ₹24.49 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	9,50,400 shares	41,50,000 shares
Issue Size Total (Amount)	up to ₹7.03 Cr	up to ₹24.49 Cr

IPO Timetable

Naturewings Holidays IPO opens on Sep 03, 2024, while SPP Polymers IPO opens on Sep 10, 2024. The closing date of Naturewings Holidays IPO and SPP Polymers IPO is Sep 05, 2024, and Sep 12, 2024, respectively.

	Naturewings Holidays IPO	SPP Polymers IPO
Anchor Bid Date
Issue Open	Sep 03, 2024	Sep 10, 2024
Issue Close	Sep 05, 2024	Sep 12, 2024
Basis Of Allotment (Tentative)	Sep 06, 2024	Sep 13, 2024
Initiation of Refunds (Tentative)	Sep 09, 2024	Sep 16, 2024
Credit of Share (Tentative)	Sep 09, 2024	Sep 16, 2024
Listing date (Tentative)	Sep 10, 2024	Sep 17, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Naturewings Holidays IPO P/E ratio is 14.61, as compared to SPP Polymers IPO P/E ratio of 66.72.

Naturewings Holidays IPO

SPP Polymers IPO

Financial

Naturewings Holidays Limited Financial Information (Restated)

Naturewings Holidays Limited's revenue increased by 86% and profit after tax (PAT) rose by 72% 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	571.61	514.16	309.57
Revenue	2,189.97	1,176.25	418.32
Profit After Tax	111.92	65.08	19.89
Net Worth	265.63	153.71	88.63
Reserves and Surplus	44.63	68.71	83.63
Total Borrowing	5.12	6.99	8.73
Amount in ₹ Lakhs

SPP Polimers Limited Financial Information (Restated Consolidated)

SPP Polimers Limited's revenue increased by 40% and profit after tax (PAT) rose by 83% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Jun 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	7,619.39	7,091.89	5,417.98	3,821.87
Revenue	2,895.85	9,381.29	6,677.47	8,077.96
Profit After Tax	91.33	99.4	54.42	28.01
Net Worth	2,591.64	2,500.3	2,433.64	1,971.82
Reserves and Surplus	1,500.27	1,408.93	2,152.61	1,697.22
Total Borrowing	1,871.94	1,897.82	2,215.18	1,262.21
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

95.8%

94.99%

Promoter Shareholding (Post-Issue)

67.53%

69.37%

P/E Ratio

14.61

66.72

Market Cap

₹23.39 Cr.

₹90.81 Cr.

ROE

4.10%%

8.01%%

ROCE

5.76%%

4.27%%

Debt/Equity

0.03

0.71

EPS

₹5.06

₹0.88

RoNW

42.13%%

3.98%%

Shares Offered

In the Naturewings Holidays IPO retail investors (RII) are offered 4,51,200 shares while in SPP Polymers IPO retail investors are offered 4,51,200 shares. Qualified institutional buyers (QIB) are offered 0 shares in Naturewings Holidays IPO and 0 shares in SPP Polymers IPO.

	Naturewings Holidays IPO	SPP Polymers IPO
Anchor Investor Reserveration
Market Maker Reserveration	48,000 shares	2,10,000 shares
QIB	0 shares	0 shares
NII	4,51,200 shares	19,70,000 shares
RII	4,51,200 shares	19,70,000 shares
Employee	0 shares	0 shares
Others
Total	9,02,400 shares	39,40,000 shares

Bids Received (Subscription)

Naturewings Holidays IPO subscribed 383.48x in total, whereas SPP Polymers IPO subscribed 15.96x.

	Naturewings Holidays IPO	SPP Polymers IPO
QIB (times)
NII (times)	270.65x	4.20x
Big NII (times)
Small NII (times)
RII (times)	487.17x	27.72x
Employee (times)
Other (times)
Total (times)	383.48x	15.96x

Compare with others

Naturewings Holidays IPO	SPP Polymers IPO
SPP Polymers IPO	Deccan Transcon Leasing IPO
Share Samadhan IPO	Envirotech Systems IPO
Shubhshree Biofuels Energy IPO	Trafiksol ITS Technologies IPO
Aditya Ultra Steel IPO	Gajanand International IPO
Vision Infra Equipment Solutions IPO	Innomet Advanced Materials IPO
My Mudra Fincorp IPO	Share Samadhan IPO
Namo eWaste Management IPO	Shubhshree Biofuels Energy IPO
Mach Conferences and Events IPO	Aditya Ultra Steel IPO
Excellent Wires and Packaging IPO	Vision Infra Equipment Solutions IPO
Travels & Rentals IPO	Naturewings Holidays IPO

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