Popular Foundations IPO vs Trafiksol ITS Technologies IPO

Comparision between Popular Foundations IPO and Trafiksol ITS Technologies IPO.

IPO Details

Popular Foundations IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Trafiksol ITS Technologies IPO is a SME Book Built Issue proposed to list at BSE SME.

	Popular Foundations IPO	Trafiksol ITS Technologies 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	Ekadrisht Capital Private Limited
Registrar	Bigshare Services Pvt Ltd	Maashitla Securities Private Limited
Market Maker	Spread X Securities Private Limited	Ss Corporate Securities 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 Popular Foundations IPO is up to ₹19.87 Cr whereas the issue size of the Trafiksol ITS Technologies IPO is up to ₹44.87 Cr. The final issue price of Popular Foundations IPO is ₹37.00 per share and of Trafiksol ITS Technologies IPO is ₹70.00 per share.

	Popular Foundations IPO	Trafiksol ITS Technologies IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹66.00 per share
Issue Price (Upper)		₹70.00 per share
Issue Price (Final)	₹37.00 per share	₹70.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	2000 shares
Fresh Issue Size	53,70,000 shares	64,10,000 shares
Fresh Issue Size (Amount)	up to ₹19.87 Cr	up to ₹44.87 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	53,70,000 shares	64,10,000 shares
Issue Size Total (Amount)	up to ₹19.87 Cr	up to ₹44.87 Cr

IPO Timetable

Popular Foundations IPO opens on Sep 13, 2024, while Trafiksol ITS Technologies IPO opens on Sep 10, 2024. The closing date of Popular Foundations IPO and Trafiksol ITS Technologies IPO is Sep 19, 2024, and Sep 12, 2024, respectively.

	Popular Foundations IPO	Trafiksol ITS Technologies IPO
Anchor Bid Date		Sep 09, 2024
Issue Open	Sep 13, 2024	Sep 10, 2024
Issue Close	Sep 19, 2024	Sep 12, 2024
Basis Of Allotment (Tentative)	Sep 20, 2024	Sep 13, 2024
Initiation of Refunds (Tentative)	Sep 23, 2024	Sep 16, 2024
Credit of Share (Tentative)	Sep 23, 2024	Sep 16, 2024
Listing date (Tentative)	Sep 24, 2024
Anchor Lockin End date 1		Oct 13, 2024
Anchor Lockin End date 2		Dec 12, 2024

Financials

Popular Foundations IPO P/E ratio is 15.97, as compared to Trafiksol ITS Technologies IPO P/E ratio of 10.38.

Popular Foundations IPO

Trafiksol ITS Technologies IPO

Financial

Popular Foundations Limited Financial Information (Restated)

Popular Foundations Limited's revenue increased by 7% and profit after tax (PAT) rose by 191% 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	6,354.87	4,864.7	4,929.49
Revenue	5,191	4,866.89	2,630.17
Profit After Tax	347.76	119.61	48.08
Net Worth	2,313.11	1,483.69	1,384.08
Reserves and Surplus	812.31	1,383.69	1,284.08
Total Borrowing	1,578.4	1,753.99	1,835.37
Amount in ₹ Lakhs

Trafiksol ITS Technologies Limited Financial Information (Restated Consolidated)

Trafiksol ITS Technologies Limited's revenue increased by 80% and profit after tax (PAT) rose by 153% 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	6,215.52	3,363.17	2,284.01
Revenue	6,608.5	3,675	2,801.92
Profit After Tax	1,209.3	477.85	205.19
Net Worth	3,412.62	1,208.79	730.94
Reserves and Surplus	1,620.12	1,198.79	720.94
Total Borrowing	1,050.24	798.7	506.42
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

83.36%

60.71%

Promoter Shareholding (Post-Issue)

61.39%

44.72%

P/E Ratio

15.97

10.38

Market Cap

₹75.40 Cr.

₹170.34 Cr.

ROE

23.17%%

52.12%%

ROCE

22.77%%

42.47%%

Debt/Equity

0.31

EPS

₹2.32

₹6.75

RoNW

15.03%%

35.44%%

Shares Offered

In the Popular Foundations IPO retail investors (RII) are offered 25,50,000 shares while in Trafiksol ITS Technologies IPO retail investors are offered 25,50,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Popular Foundations IPO and 12,18,000 shares in Trafiksol ITS Technologies IPO.

	Popular Foundations IPO	Trafiksol ITS Technologies IPO
Anchor Investor Reserveration		18,22,000 shares
Market Maker Reserveration	2,70,000 shares	3,22,000 shares
QIB	0 shares	12,18,000 shares
NII	25,50,000 shares	9,14,000 shares
RII	25,50,000 shares	21,34,000 shares
Employee	0 shares	0 shares
Others
Total	51,00,001 shares	42,66,000 shares

Bids Received (Subscription)

Popular Foundations IPO subscribed 9.21x in total, whereas Trafiksol ITS Technologies IPO subscribed 345.65x.

	Popular Foundations IPO	Trafiksol ITS Technologies IPO
QIB (times)		129.22x
NII (times)	3.54x	699.40x
Big NII (times)
Small NII (times)
RII (times)	14.89x	317.66x
Employee (times)
Other (times)
Total (times)	9.21x	345.65x

Compare with others

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Envirotech Systems IPO	SPP Polymer IPO
Trafiksol ITS Technologies IPO	Share Samadhan IPO
Gajanand International IPO	Shubhshree Biofuels Energy IPO

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