EnNutrica IPO vs The Money Fair IPO

Comparision between EnNutrica IPO and The Money Fair IPO.

IPO Details

EnNutrica IPO is a SME Book Built Issue IPO proposed to list at BSE SME while The Money Fair IPO is a SME Book Built Issue proposed to list at NSE SME.

	EnNutrica IPO	The Money Fair IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Beeline Capital Advisors Pvt Ltd	Fast Track Finsec Pvt Ltd
Registrar	Link Intime India Private Ltd	Skyline Financial Services Private Ltd
Market Maker	Spread X Securities Private Limited	Nikunj Stock Brokers 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 EnNutrica IPO is up to ₹34.83 Cr whereas the issue size of the The Money Fair IPO is up to ₹23.11 Cr. The final issue price of EnNutrica IPO is ₹54.00 per share and of The Money Fair IPO is ₹77.00 per share.

	EnNutrica IPO	The Money Fair IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹51.00 per share	₹73.00 per share
Issue Price (Upper)	₹54.00 per share	₹77.00 per share
Issue Price (Final)	₹54.00 per share	₹77.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	1600 shares
Fresh Issue Size	64,50,000 shares	30,01,600 shares
Fresh Issue Size (Amount)	up to ₹34.83 Cr	up to ₹23.11 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	64,50,000 shares	30,01,600 shares
Issue Size Total (Amount)	up to ₹34.83 Cr	up to ₹23.11 Cr

IPO Timetable

EnNutrica IPO opens on Jun 20, 2024, while The Money Fair IPO opens on Jun 25, 2024. The closing date of EnNutrica IPO and The Money Fair IPO is Jun 24, 2024, and Jun 27, 2024, respectively.

	EnNutrica IPO	The Money Fair IPO
Anchor Bid Date	Jun 19, 2024	Jun 24, 2024
Issue Open	Jun 20, 2024	Jun 25, 2024
Issue Close	Jun 24, 2024	Jun 27, 2024
Basis Of Allotment (Tentative)	Jun 25, 2024	Jul 01, 2024
Initiation of Refunds (Tentative)	Jun 26, 2024	Jul 01, 2024
Credit of Share (Tentative)	Jun 26, 2024	Jul 01, 2024
Listing date (Tentative)	Jun 27, 2024	Jul 02, 2024
Anchor Lockin End date 1	Jul 25, 2024	Jul 31, 2024
Anchor Lockin End date 2	Sep 23, 2024	Sep 29, 2024

Financials

EnNutrica IPO P/E ratio is 18.47, as compared to The Money Fair IPO P/E ratio of 13.2.

EnNutrica IPO

The Money Fair IPO

Financial

Dindigul Farm Product Limited Financial Information (Restated)

Dindigul Farm Product Limited's revenue increased by 188.19% and profit after tax (PAT) rose by 225.16% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	5,123.46	2,899.84	2,995.07	2,995.07
Revenue	6,876.65	8,199.34	2,845.07	1,840.72
Profit After Tax	588.40	525.79	-420.08	-461.19
Net Worth	393.94	-1,638.46	-2,162.72	-1,742.64
Total Borrowing	2,263.87	2,398.37	2,579.25	2,716.23
Amount in ₹ Lakhs

Akiko Global Services Limited Financial Information (Restated)

Period Ended	31 Jan 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,794.91	1,130.87	405.67	234.88
Revenue	2,609.76	3,958.97	1,353.31	610.78
Profit After Tax	321.48	453.26	77.85	22.98
Net Worth	1,403.37	578.40	123.14	45.29
Reserves and Surplus	626.57	574.40	121.14	43.29
Total Borrowing	122.05	95.89	26.13	49.62
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

80.66%

92.77%

Promoter Shareholding (Post-Issue)

59.36%

66.91%

P/E Ratio

18.47

13.2

Market Cap

₹131.92 Cr.

₹82.93 Cr.

ROE

-0.95%%

32.44%%

ROCE

0.62%%

29.23%%

Debt/Equity

4.63

0.09

EPS

₹2.92

₹5.83

RoNW

149.49%%

22.91%%

Shares Offered

In the EnNutrica IPO retail investors (RII) are offered 21,44,000 shares while in The Money Fair IPO retail investors are offered 21,44,000 shares. Qualified institutional buyers (QIB) are offered 12,26,000 shares in EnNutrica IPO and 6,54,400 shares in The Money Fair IPO.

	EnNutrica IPO	The Money Fair IPO
Anchor Investor Reserveration	18,34,000 shares	8,54,400 shares
Market Maker Reserveration	3,26,000 shares	1,50,400 shares
QIB	12,26,000 shares	6,54,400 shares
NII	9,20,000 shares	4,28,800 shares
RII	21,44,000 shares	9,98,400 shares
Employee	0 shares	0 shares
Others
Total	42,90,000 shares	20,81,600 shares

Bids Received (Subscription)

EnNutrica IPO subscribed 202.35x in total, whereas The Money Fair IPO subscribed 34.96x.

	EnNutrica IPO	The Money Fair IPO
QIB (times)	145.62x	10.21x
NII (times)	280.06x	48.05x
Big NII (times)
Small NII (times)
RII (times)	201.44x	45.57x
Employee (times)
Other (times)
Total (times)	202.35x	34.96x

Compare with others

EnNutrica IPO	The Money Fair IPO
Shivalic Power Control IPO	Mason Infratech IPO
Divine Power IPO	Petro Carbon and Chemicals IPO
The Money Fair IPO	Sylvan Plyboard IPO
Winny Immigration IPO	Shivalic Power Control IPO
Medicamen Organics IPO	Divine Power IPO
Falcon Technoprojects India IPO	Winny Immigration IPO
Durlax Top Surface IPO	Medicamen Organics IPO
GEM Enviro IPO	EnNutrica IPO
GPES Solar IPO	Falcon Technoprojects India IPO
United Cotfab IPO	Durlax Top Surface IPO

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