Namo eWaste Management IPO vs Travels & Rentals IPO

Comparision between Namo eWaste Management IPO and Travels & Rentals IPO.

IPO Details

Namo eWaste Management 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.

	Namo eWaste Management IPO	Travels & Rentals IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Hem Securities Limited	Finshore Management Services Limited
Registrar	Maashitla Securities Private Limited	Cameo Corporate Services Limited
Market Maker	Hem Finlease Private Limited	Black Fox Financial 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 Namo eWaste Management IPO is up to ₹51.20 Cr whereas the issue size of the Travels & Rentals IPO is up to ₹12.24 Cr. The final issue price of Namo eWaste Management IPO is ₹85.00 per share and of Travels & Rentals IPO is ₹40.00 per share.

	Namo eWaste Management IPO	Travels & Rentals IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹80.00 per share
Issue Price (Upper)	₹85.00 per share
Issue Price (Final)	₹85.00 per share	₹40.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	3000 shares
Fresh Issue Size	60,24,000 shares	30,60,000 shares
Fresh Issue Size (Amount)	up to ₹51.20 Cr	up to ₹12.24 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	60,24,000 shares	30,60,000 shares
Issue Size Total (Amount)	up to ₹51.20 Cr	up to ₹12.24 Cr

IPO Timetable

Namo eWaste Management IPO opens on Sep 04, 2024, while Travels & Rentals IPO opens on Aug 29, 2024. The closing date of Namo eWaste Management IPO and Travels & Rentals IPO is Sep 06, 2024, and Sep 02, 2024, respectively.

	Namo eWaste Management IPO	Travels & Rentals IPO
Anchor Bid Date	Sep 03, 2024
Issue Open	Sep 04, 2024	Aug 29, 2024
Issue Close	Sep 06, 2024	Sep 02, 2024
Basis Of Allotment (Tentative)	Sep 09, 2024	Sep 03, 2024
Initiation of Refunds (Tentative)	Sep 10, 2024	Sep 04, 2024
Credit of Share (Tentative)	Sep 10, 2024	Sep 04, 2024
Listing date (Tentative)	Sep 11, 2024	Sep 05, 2024
Anchor Lockin End date 1	Oct 09, 2024
Anchor Lockin End date 2	Dec 08, 2024

Financials

Namo eWaste Management IPO P/E ratio is 20.96, as compared to Travels & Rentals IPO P/E ratio of 10.98.

Namo eWaste Management IPO

Travels & Rentals IPO

Financial

Namo eWaste Management Limited Financial Information (Restated Standalone)

Namo eWaste Management Limited's revenue increased by 73% and profit after tax (PAT) rose by 183% 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	6,274.74	3,912.26	4,174.34
Revenue	10,107.62	5,856.07	4,509
Profit After Tax	682.9	241.56	180.89
Net Worth	3,526.17	2,814.76	2,577.21
Reserves and Surplus	1,841.82	2,109.24	1,871.69
Total Borrowing	1,453.24	344.73	598.1
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)

93.67%

86.48%

Promoter Shareholding (Post-Issue)

68.99%

62.86%

P/E Ratio

20.96

10.98

Market Cap

₹194.37 Cr.

₹44.81 Cr.

ROE

21.54%%

26.72%%

ROCE

20.71%%

27.54%%

Debt/Equity

0.41

0.32

EPS

₹4.05

₹3.64

RoNW

19.37%%

20.06%%

Shares Offered

In the Namo eWaste Management IPO retail investors (RII) are offered 20,03,200 shares while in Travels & Rentals IPO retail investors are offered 20,03,200 shares. Qualified institutional buyers (QIB) are offered 11,44,000 shares in Namo eWaste Management IPO and 0 shares in Travels & Rentals IPO.

	Namo eWaste Management IPO	Travels & Rentals IPO
Anchor Investor Reserveration	17,15,200 shares
Market Maker Reserveration	3,02,400 shares	1,53,000 shares
QIB	11,44,000 shares	0 shares
NII	8,59,200 shares	14,53,500 shares
RII	20,03,200 shares	14,53,500 shares
Employee	0 shares	0 shares
Others
Total	40,06,400 shares	29,07,000 shares

Bids Received (Subscription)

Namo eWaste Management IPO subscribed 225.64x in total, whereas Travels & Rentals IPO subscribed 608.46x.

	Namo eWaste Management IPO	Travels & Rentals IPO
QIB (times)	151.75x
NII (times)	394.20x	754.64x
Big NII (times)
Small NII (times)
RII (times)	195.54x	429.90x
Employee (times)
Other (times)
Total (times)	225.64x	608.46x

Compare with others

Namo eWaste Management IPO	Travels & Rentals IPO
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Vision Infra Equipment Solutions IPO	Namo eWaste Management IPO
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My Mudra Fincorp IPO	Excellent Wires and Packaging IPO
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Travels & Rentals IPO	Vdeal System IPO
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Boss Packaging Solutions IPO	Paramatrix Technologies IPO

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