Excellent Wires and Packaging IPO vs Travels & Rentals IPO

Comparision between Excellent Wires and Packaging IPO and Travels & Rentals IPO.

IPO Details

Excellent Wires and Packaging IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Travels & Rentals IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Excellent Wires and Packaging IPO	Travels & Rentals IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Inventure Merchant Banker Services Pvt Ltd	Finshore Management Services Limited
Registrar	Bigshare Services Pvt Ltd	Cameo Corporate Services Limited
Market Maker	Inventure Growth & Securities Limited	Black Fox Financial Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of Excellent Wires and Packaging IPO is up to ₹12.60 Cr whereas the issue size of the Travels & Rentals IPO is up to ₹12.24 Cr. The final issue price of Excellent Wires and Packaging IPO is ₹90.00 per share and of Travels & Rentals IPO is ₹40.00 per share.

	Excellent Wires and Packaging IPO	Travels & Rentals IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹90.00 per share	₹40.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	3000 shares
Fresh Issue Size	14,00,000 shares	30,60,000 shares
Fresh Issue Size (Amount)	up to ₹12.60 Cr	up to ₹12.24 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	14,00,000 shares	30,60,000 shares
Issue Size Total (Amount)	up to ₹12.60 Cr	up to ₹12.24 Cr

IPO Timetable

Excellent Wires and Packaging IPO opens on Sep 11, 2024, while Travels & Rentals IPO opens on Aug 29, 2024. The closing date of Excellent Wires and Packaging IPO and Travels & Rentals IPO is Sep 13, 2024, and Sep 02, 2024, respectively.

	Excellent Wires and Packaging IPO	Travels & Rentals IPO
Anchor Bid Date
Issue Open	Sep 11, 2024	Aug 29, 2024
Issue Close	Sep 13, 2024	Sep 02, 2024
Basis Of Allotment (Tentative)	Sep 16, 2024	Sep 03, 2024
Initiation of Refunds (Tentative)	Sep 17, 2024	Sep 04, 2024
Credit of Share (Tentative)	Sep 17, 2024	Sep 04, 2024
Listing date (Tentative)	Sep 19, 2024	Sep 05, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Excellent Wires and Packaging IPO P/E ratio is 41.6, as compared to Travels & Rentals IPO P/E ratio of 10.98.

Excellent Wires and Packaging IPO

Travels & Rentals IPO

Financial

Excellent Wires and Packaging Limited Financial Information (Restated Consolidated)

Excellent Wires and Packaging Limited's revenue increased by 6% and profit after tax (PAT) rose by 696% 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	705.08	324.69	242.63
Revenue	1,540.82	1,448.46	728.85
Profit After Tax	82.98	10.43	4.73
Net Worth	397.09	17.11	6.68
Reserves and Surplus	362.09	15.11	4.68
Amount in ₹ Lakhs

Travels & Rentals Limited Financial Information (Restated)

Travels & Rentals Limited's revenue increased by 39% and profit after tax (PAT) rose by 97% 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	2,469.85	1,647.11	1,334.29
Revenue	803.54	579.06	290.59
Profit After Tax	296.55	150.64	69.01
Net Worth	1,478.48	741.52	490.88
Reserves and Surplus	664.21	540.33	314.69
Total Borrowing	470.94	560.97	755.41
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

91.90%

86.48%

Promoter Shareholding (Post-Issue)

63.12%

62.86%

P/E Ratio

41.6

10.98

Market Cap

₹47.12 Cr.

₹44.81 Cr.

ROE

26.72%%

ROCE

27.54%%

Debt/Equity

0.32

EPS

₹2.16

₹3.64

RoNW

20.90%%

20.06%%

Shares Offered

In the Excellent Wires and Packaging IPO retail investors (RII) are offered while in Travels & Rentals IPO retail investors are offered . Qualified institutional buyers (QIB) are offered in Excellent Wires and Packaging IPO and 0 shares in Travels & Rentals IPO.

	Excellent Wires and Packaging IPO	Travels & Rentals IPO
Anchor Investor Reserveration
Market Maker Reserveration	72,000 shares	1,53,000 shares
QIB		0 shares
NII		14,53,500 shares
RII		14,53,500 shares
Employee		0 shares
Others
Total		29,07,000 shares

Bids Received (Subscription)

Excellent Wires and Packaging IPO subscribed in total, whereas Travels & Rentals IPO subscribed 11.75x.

	Excellent Wires and Packaging IPO	Travels & Rentals IPO
QIB (times)
NII (times)		3.27x
Big NII (times)
Small NII (times)
RII (times)		20.24x
Employee (times)
Other (times)
Total (times)		11.75x

Compare with others

Excellent Wires and Packaging IPO	Travels & Rentals IPO
Naturewings Holidays IPO	Naturewings Holidays IPO
My Mudra Fincorp IPO	My Mudra Fincorp IPO
Namo eWaste Management IPO	Namo eWaste Management IPO
Mach Conferences and Events IPO	Mach Conferences and Events IPO
Travels & Rentals IPO	Excellent Wires and Packaging IPO
Jeyyam Global Foods IPO	Jeyyam Global Foods IPO
Boss Packaging Solutions IPO	Boss Packaging Solutions IPO
Vdeal System IPO	Vdeal System IPO
Archit Nuwood Industries IPO	Archit Nuwood Industries IPO
	Aeron Composite IPO

Comments

Add a public comment...