Pranik Logistics IPO vs Subam Papers IPO

Comparision between Pranik Logistics IPO and Subam Papers IPO.

IPO Details

Pranik Logistics IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Subam Papers IPO is a SME Book Built Issue proposed to list at BSE SME.

	Pranik Logistics IPO	Subam Papers IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	BSE SME
Lead Managers	Narnolia Financial Services Ltd	Gretex Corporate Services Limited
Registrar	Maashitla Securities Private Limited	Bigshare Services Pvt Ltd
Market Maker	Prabhat Financial Services Ltd.	Gretex Share Broking Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Pranik Logistics IPO is up to ₹22.47 Cr whereas the issue size of the Subam Papers IPO is up to ₹93.70 Cr. The final issue price of Pranik Logistics IPO is ₹77.00 per share and of Subam Papers IPO is ₹152.00 per share.

	Pranik Logistics IPO	Subam Papers IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹73.00 per share	₹144.00 per share
Issue Price (Upper)	₹77.00 per share	₹152.00 per share
Issue Price (Final)	₹77.00 per share	₹152.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	800 shares
Fresh Issue Size	29,18,400 shares	61,64,800 shares
Fresh Issue Size (Amount)	up to ₹22.47 Cr	up to ₹93.70 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	29,18,400 shares	61,64,800 shares
Issue Size Total (Amount)	up to ₹22.47 Cr	up to ₹93.70 Cr

IPO Timetable

Pranik Logistics IPO opens on Oct 10, 2024, while Subam Papers IPO opens on Sep 30, 2024. The closing date of Pranik Logistics IPO and Subam Papers IPO is Oct 14, 2024, and Oct 03, 2024, respectively.

	Pranik Logistics IPO	Subam Papers IPO
Anchor Bid Date	Oct 09, 2024	Sep 27, 2024
Issue Open	Oct 10, 2024	Sep 30, 2024
Issue Close	Oct 14, 2024	Oct 03, 2024
Basis Of Allotment (Tentative)	Oct 15, 2024	Oct 04, 2024
Initiation of Refunds (Tentative)	Oct 16, 2024	Oct 07, 2024
Credit of Share (Tentative)	Oct 16, 2024	Oct 07, 2024
Listing date (Tentative)	Oct 17, 2024	Oct 08, 2024
Anchor Lockin End date 1	Nov 20, 2024	Nov 03, 2024
Anchor Lockin End date 2	Jan 19, 2025	Jan 02, 2025

Financials

Pranik Logistics IPO P/E ratio is 15.33, as compared to Subam Papers IPO P/E ratio of 7.77.

Pranik Logistics IPO

Subam Papers IPO

Financial

Pranik Logistics Limited Financial Information (Restated)

Pranik Logistics Limited's revenue increased by 11% and profit after tax (PAT) rose by 336% 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	3,842.75	3,568.3	2,352.73	1,404.48
Revenue	2,248.89	6,770.08	6,090.62	3,360.96
Profit After Tax	108.9	406.56	93.23	31.54
Net Worth	1,252.09	1,143.19	736.63	363.96
Reserves and Surplus	442.91	603.74	197.18	103.95
Total Borrowing	1,961.83	1,783.95	1,382.09	577.87
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)

99.99%

94.81%

Promoter Shareholding (Post-Issue)

73.49%

69.67%

P/E Ratio

15.33

7.77

Market Cap

₹84.78 Cr.

₹353.32 Cr.

ROE

8.70%%

16.79%%

ROCE

11.79%%

20.84%%

Debt/Equity

1.57

0.92

EPS

₹5.02

₹19.57

RoNW

8.70%%

16.79%%

Shares Offered

In the Pranik Logistics IPO retail investors (RII) are offered 9,66,400 shares while in Subam Papers IPO retail investors are offered 9,66,400 shares. Qualified institutional buyers (QIB) are offered 5,55,200 shares in Pranik Logistics IPO and 11,71,200 shares in Subam Papers IPO.

	Pranik Logistics IPO	Subam Papers IPO
Anchor Investor Reserveration	8,20,800 shares	17,56,800 shares
Market Maker Reserveration	1,61,600 shares	3,08,800 shares
QIB	5,55,200 shares	11,71,200 shares
NII	4,14,400 shares	8,78,400 shares
RII	9,66,400 shares	20,49,600 shares
Employee	0 shares	0 shares
Others
Total	19,36,000 shares	40,99,200 shares

Bids Received (Subscription)

Pranik Logistics IPO subscribed 218.02x in total, whereas Subam Papers IPO subscribed 92.93x.

	Pranik Logistics IPO	Subam Papers IPO
QIB (times)	35.67x	57.18x
NII (times)	744.05x	243.16x
Big NII (times)
Small NII (times)
RII (times)	97.21x	48.97x
Employee (times)
Other (times)
Total (times)	218.02x	92.93x

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