Comparison between Abha Power IPO and Emerald Tyre Manufacturers IPO.
Abha Power IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Emerald Tyre Manufacturers IPO is a SME Bookbuilding proposed to list at NSE SME.
| Abha Power IPO | Emerald Tyre Manufacturers IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Horizon Management Pvt.Ltd. | GYR Capital Advisors Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | Giriraj Stock Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Abha Power IPO is up to ₹36.58 Cr whereas the issue size of the Emerald Tyre Manufacturers IPO is up to ₹46.41 Cr. The final issue price of Abha Power IPO is ₹75.00 per share and of Emerald Tyre Manufacturers IPO is ₹95.00 per share.
| Abha Power IPO | Emerald Tyre Manufacturers IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹90.00 per share | |
| Issue Price (Upper) | ₹95.00 per share | |
| Issue Price (Final) | ₹75.00 per share | ₹95.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1200 shares |
| Fresh Issue Size | 38,76,800 shares | 46,86,000 shares |
| Fresh Issue Size (Amount) | up to ₹29.08 Cr | up to ₹44.52 Cr |
| OFS Issue Size | 10,00,000 shares | 1,99,200 shares |
| OFS Issue Size (Amount) | up to ₹7.50 Cr | up to ₹1.89 Cr |
| Issue Size Total | 48,76,800 shares | 48,85,200 shares |
| Issue Size Total (Amount) | up to ₹36.58 Cr | up to ₹46.41 Cr |
Abha Power IPO opens on Nov 27, 2024, while Emerald Tyre Manufacturers IPO opens on Dec 05, 2024. The closing date of Abha Power IPO and Emerald Tyre Manufacturers IPO is Nov 29, 2024, and Dec 09, 2024, respectively.
| Abha Power IPO | Emerald Tyre Manufacturers IPO | |
|---|---|---|
| Anchor Bid Date | Dec 04, 2024 | |
| Issue Open | Nov 27, 2024 | Dec 05, 2024 |
| Issue Close | Nov 29, 2024 | Dec 09, 2024 |
| Basis Of Allotment (Tentative) | Dec 02, 2024 | Dec 10, 2024 |
| Initiation of Refunds (Tentative) | Dec 03, 2024 | Dec 10, 2024 |
| Credit of Share (Tentative) | Dec 03, 2024 | Dec 11, 2024 |
| Listing date (Tentative) | Dec 04, 2024 | Dec 12, 2024 |
| Anchor Lockin End date 1 | Jan 09, 2025 | |
| Anchor Lockin End date 2 | Mar 10, 2025 |
Abha Power IPO P/E ratio is 28.65, as compared to Emerald Tyre Manufacturers IPO P/E ratio of 11.25.
| Abha Power IPO | Emerald Tyre Manufacturers IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Abha Power and Steel Limited Financial Information (Restated)Abha Power and Steel Limited's revenue decreased by -6% and profit after tax (PAT) rose by 170% between the financial year ending with March 31, 2024 and March 31, 2023.
| Emerald Tyre Manufacturers Limited Financial Information (Restated Consolidated)Emerald Tyre Manufacturers Limited's revenue increased by 2.37% and profit after tax (PAT) rose by 36% between the financial year ending with March 31, 2024 and March 31, 2023.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 67.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.35 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 28.65 | 11.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹139.41 Cr. | ₹185.03 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 24.17% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 23.64% | 15.84% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.35 | 1.61 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.62 | ₹8.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 24.17% | 22.63% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Abha Power IPO Retail Individual Investors (RII) are offered 24,38,400 shares while in Emerald Tyre Manufacturers IPO retail investors are offered 24,38,400 shares. Qualified Institutional Buyers (QIB) are offered in Abha Power IPO and 9,76,800 shares in Emerald Tyre Manufacturers IPO.
| Abha Power IPO | Emerald Tyre Manufacturers IPO | |
|---|---|---|
| Anchor Investor Reserveration | 14,64,000 shares | |
| Market Maker Reserveration | 2,62,400 shares | 3,00,000 shares |
| QIB | 9,76,800 shares | |
| NII | 24,38,400 shares | 7,33,200 shares |
| RII | 24,38,400 shares | 17,11,200 shares |
| Employee | ||
| Others | ||
| Total | 48,76,800 shares | 48,85,200 shares |
Abha Power IPO subscribed 18.00x in total, whereas Emerald Tyre Manufacturers IPO subscribed 530.59x.
| Abha Power IPO | Emerald Tyre Manufacturers IPO | |
|---|---|---|
| QIB (times) | 195.95x | |
| NII (times) | 10.07x | 912.18x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 24.93x | 558.11x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 18.00x | 530.59x |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
