Innovatus Entertainment Networks IPO vs Yudiz Solutions IPO

Comparision between Innovatus Entertainment Networks IPO and Yudiz Solutions IPO.

IPO Details

Innovatus Entertainment Networks IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Yudiz Solutions IPO is a SME Book Built Issue proposed to list at NSE SME.

	Innovatus Entertainment Networks IPO	Yudiz Solutions IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Inventure Merchant Banker Services Pvt Ltd	Narnolia Financial Services Ltd
Registrar	Purva Sharegistry India Pvt Ltd	Mas Services Limited
Market Maker	Pure Broking Private Limited	Kantilal Chhaganlal Securities 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 Innovatus Entertainment Networks IPO is up to ₹7.74 Cr whereas the issue size of the Yudiz Solutions IPO is up to ₹44.84 Cr. The final issue price of Innovatus Entertainment Networks IPO is ₹50.00 per share and of Yudiz Solutions IPO is ₹165.00 per share.

	Innovatus Entertainment Networks IPO	Yudiz Solutions IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹162.00 per share
Issue Price (Upper)		₹165.00 per share
Issue Price (Final)	₹50.00 per share	₹165.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	800 shares
Fresh Issue Size	15,48,000 shares	27,17,600 shares
Fresh Issue Size (Amount)	up to ₹7.74 Cr	up to ₹44.84 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	15,48,000 shares	27,17,600 shares
Issue Size Total (Amount)	up to ₹7.74 Cr	up to ₹44.84 Cr

IPO Timetable

Innovatus Entertainment Networks IPO opens on Jul 25, 2023, while Yudiz Solutions IPO opens on Aug 04, 2023. The closing date of Innovatus Entertainment Networks IPO and Yudiz Solutions IPO is Jul 27, 2023, and Aug 08, 2023, respectively.

	Innovatus Entertainment Networks IPO	Yudiz Solutions IPO
Anchor Bid Date		Aug 03, 2023
Issue Open	Jul 25, 2023	Aug 04, 2023
Issue Close	Jul 27, 2023	Aug 08, 2023
Basis Of Allotment (Tentative)	Aug 01, 2023	Aug 11, 2023
Initiation of Refunds (Tentative)	Aug 02, 2023	Aug 14, 2023
Credit of Share (Tentative)	Aug 03, 2023	Aug 17, 2023
Listing date (Tentative)	Aug 04, 2023	Aug 17, 2023
Anchor Lockin End date 1	Aug 31, 2023	Sep 10, 2023
Anchor Lockin End date 2	Oct 30, 2023	Nov 09, 2023

Financials

Innovatus Entertainment Networks IPO P/E ratio is 41, as compared to Yudiz Solutions IPO P/E ratio of 61.8.

Innovatus Entertainment Networks IPO

Yudiz Solutions IPO

Financial

Innovatus Entertainment Networks Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	449.41	1,042.12	29.44	171.61	170.61	0.00
31-Mar-21	597.72	784.07	33.38	205.00	204.00	152.34
31-Mar-22	530.83	787.90	30.19	235.19	34.19	152.34
31-Mar-23	822.63	1,093.93	48.26	483.45	242.45	152.34
Amount in ₹ Lakhs

Yudiz Solutions IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	759.86	958.58	1,701.80
Revenue	1,305.41	1,881.55	2,744.75
Profit After Tax	80.76	74.07	275.17
Net Worth	539.99	669.03	1,089.21
Reserves and Surplus
Total Borrowing

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.97%

100.00%

Promoter Shareholding (Post-Issue)

60.87%

73.66%

P/E Ratio

61.8

Market Cap

₹19.79 Cr.

₹170.27 Cr.

ROE

9.98%%

25.26%%

ROCE

11.32%%

14.02%

Debt/Equity

0.32

EPS

₹2.00

₹7.47

RoNW

9.98%%

25.26%%

Shares Offered

In the Innovatus Entertainment Networks IPO retail investors (RII) are offered 7,35,000 shares while in Yudiz Solutions IPO retail investors are offered 7,35,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Innovatus Entertainment Networks IPO and 5,20,000 shares in Yudiz Solutions IPO.

	Innovatus Entertainment Networks IPO	Yudiz Solutions IPO
Anchor Investor Reserveration		7,60,000 shares
Market Maker Reserveration	78,000 shares	1,36,800 shares
QIB	0 shares	5,20,000 shares
NII	7,35,000 shares	3,92,800 shares
RII	7,35,000 shares	9,08,000 shares
Employee	0 shares	0 shares
Others
Total	14,70,000 shares	18,20,800 shares

Bids Received (Subscription)

Innovatus Entertainment Networks IPO subscribed 105.21x in total, whereas Yudiz Solutions IPO subscribed 5.03x.

	Innovatus Entertainment Networks IPO	Yudiz Solutions IPO
QIB (times)		2.81x
NII (times)	56.58x	4.77x
Big NII (times)
Small NII (times)
RII (times)	150.50x	6.41x
Employee (times)
Other (times)
Total (times)	105.21x	5.03x

Compare with others

Innovatus Entertainment Networks IPO	Yudiz Solutions IPO
Shelter Pharma IPO	Shoora Designs IPO
Sangani Hospitals IPO	Bondada Engineering IPO
Yudiz Solutions IPO	Crop Life Science IPO
Zeal Global Services IPO	Shelter Pharma IPO
Oriana Power IPO	Sangani Hospitals IPO
Shri Techtex IPO	Zeal Global Services IPO
Vinsys IT Services IPO	Oriana Power IPO
Yasons Chemex Care IPO	Innovatus Entertainment Networks IPO
Committed Cargo Care IPO	Shri Techtex IPO
Khazanchi Jewellers IPO	Vinsys IT Services IPO

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