Nexxus Petro Industries IPO vs Subam Papers IPO

Comparision between Nexxus Petro Industries IPO and Subam Papers IPO.

IPO Details

Nexxus Petro Industries IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Subam Papers IPO is a SME Book Built Issue proposed to list at BSE SME.

	Nexxus Petro Industries IPO	Subam Papers IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	BSE SME
Lead Managers	Srujan Alpha Capital Advisors Llp	Gretex Corporate Services Limited
Registrar	Kfin Technologies Limited	Bigshare Services Pvt Ltd
Market Maker	Gretex Share Broking Private Limited	Gretex Share Broking Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Nexxus Petro Industries IPO is up to ₹19.43 Cr whereas the issue size of the Subam Papers IPO is up to ₹93.70 Cr. The final issue price of Nexxus Petro Industries IPO is ₹105.00 per share and of Subam Papers IPO is ₹152.00 per share.

	Nexxus Petro Industries IPO	Subam Papers IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹144.00 per share
Issue Price (Upper)		₹152.00 per share
Issue Price (Final)	₹105.00 per share	₹152.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	800 shares
Fresh Issue Size	18,50,400 shares	61,64,800 shares
Fresh Issue Size (Amount)	up to ₹19.43 Cr	up to ₹93.70 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	18,50,400 shares	61,64,800 shares
Issue Size Total (Amount)	up to ₹19.43 Cr	up to ₹93.70 Cr

IPO Timetable

Nexxus Petro Industries IPO opens on Sep 26, 2024, while Subam Papers IPO opens on Sep 30, 2024. The closing date of Nexxus Petro Industries IPO and Subam Papers IPO is Sep 30, 2024, and Oct 03, 2024, respectively.

	Nexxus Petro Industries IPO	Subam Papers IPO
Anchor Bid Date		Sep 27, 2024
Issue Open	Sep 26, 2024	Sep 30, 2024
Issue Close	Sep 30, 2024	Oct 03, 2024
Basis Of Allotment (Tentative)	Oct 01, 2024	Oct 04, 2024
Initiation of Refunds (Tentative)	Oct 03, 2024	Oct 07, 2024
Credit of Share (Tentative)	Oct 03, 2024	Oct 07, 2024
Listing date (Tentative)	Oct 04, 2024	Oct 08, 2024
Anchor Lockin End date 1		Nov 03, 2024
Anchor Lockin End date 2		Jan 02, 2025

Financials

Nexxus Petro Industries IPO P/E ratio is 15.37, as compared to Subam Papers IPO P/E ratio of 7.77.

Nexxus Petro Industries IPO

Subam Papers IPO

Financial

Nexxus Petro Industries Limited Financial Information (Restated)

Nexxus Petro Industries Limited's revenue increased by 67% and profit after tax (PAT) rose by 73% 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	3,892.55	1,644.96	932.77
Revenue	23,837.57	14,283.95	4,847.02
Profit After Tax	348.47	200.87	54.06
Net Worth	863.4	264.93	54.06
Reserves and Surplus	353.4	254.93	54.06
Total Borrowing	2,161.43	835.1	369.83
Amount in ₹ Lakhs

Subam Papers Limited Financial Information (Restated Consolidated)

Subam Papers Limited's revenue decreased by -3% and profit after tax (PAT) rose by 12574% 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	46,046.1	41,434.65	39,418.33
Revenue	49,697.31	51,062.36	33,259.87
Profit After Tax	3,341.8	-26.79	2,600.23
Net Worth	19,904.12	16,562.32	16,589.11
Reserves and Surplus	19,741.35	16,399.55	16,426.34
Total Borrowing	18,340.77	16,282.61	15,573.37
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

94.81%

Promoter Shareholding (Post-Issue)

69.67%

P/E Ratio

15.37

7.77

Market Cap

₹72.98 Cr.

₹353.32 Cr.

ROE

61.77%%

16.79%%

ROCE

20.81%%

20.84%%

Debt/Equity

2.5

0.92

EPS

₹6.83

₹19.57

RoNW

40.36%%

16.79%%

Shares Offered

In the Nexxus Petro Industries IPO retail investors (RII) are offered 8,78,400 shares while in Subam Papers IPO retail investors are offered 8,78,400 shares. Qualified institutional buyers (QIB) are offered 0 shares in Nexxus Petro Industries IPO and 11,71,200 shares in Subam Papers IPO.

	Nexxus Petro Industries IPO	Subam Papers IPO
Anchor Investor Reserveration		17,56,800 shares
Market Maker Reserveration	93,600 shares	3,08,800 shares
QIB	0 shares	11,71,200 shares
NII	8,78,400 shares	8,78,400 shares
RII	8,78,400 shares	20,49,600 shares
Employee	0 shares	0 shares
Others
Total	17,56,801 shares	40,99,200 shares

Bids Received (Subscription)

Nexxus Petro Industries IPO subscribed 8.44x in total, whereas Subam Papers IPO subscribed 92.93x.

	Nexxus Petro Industries IPO	Subam Papers IPO
QIB (times)		57.18x
NII (times)	8.41x	243.16x
Big NII (times)
Small NII (times)
RII (times)	8.48x	48.97x
Employee (times)
Other (times)
Total (times)	8.44x	92.93x

Compare with others

Nexxus Petro Industries IPO	Subam Papers IPO
Khyati Global Ventures IPO	Lakshya Powertech IPO
NeoPolitan Pizza and Foods IPO	Pranik Logistics IPO
Subam Papers IPO	Shiv Texchem IPO
Paramount Dye Tec IPO	Khyati Global Ventures IPO
HVAX Technologies IPO	NeoPolitan Pizza and Foods IPO
Forge Auto International IPO	Paramount Dye Tec IPO
Sahasra Electronics Solutions IPO	HVAX Technologies IPO
Saj Hotels IPO	Nexxus Petro Industries IPO
Thinking Hats Entertainment Solutions IPO	Forge Auto International IPO
Unilex Colours and Chemicals IPO	Sahasra Electronics Solutions IPO

Comments

Add a public comment...