Apeejay Surrendra Park Hotels IPO vs BLS E-Services IPO

Comparison between Apeejay Surrendra Park Hotels IPO and BLS E-Services IPO.

IPO Details

Apeejay Surrendra Park Hotels IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while BLS E-Services IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Apeejay Surrendra Park Hotels IPO is up to ₹920.00 Cr whereas the issue size of the BLS E-Services IPO is up to ₹309.29 Cr. The final issue price of Apeejay Surrendra Park Hotels IPO is ₹155.00 per share and of BLS E-Services IPO is ₹135.00 per share.

 Apeejay Surrendra Park Hotels IPOBLS E-Services IPO
Face Value₹1 per share₹10 per share
Issue Price (Lower)₹147.00 per share₹129.00 per share
Issue Price (Upper)₹155.00 per share₹135.00 per share
Issue Price (Final)₹155.00 per share₹135.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹7.00 per share
Market Lot Size96 shares108 shares
Fresh Issue Size3,87,22,118 shares2,30,30,000 shares
Fresh Issue Size (Amount)up to ₹600.16 Crup to ₹309.29 Cr
OFS Issue Size2,06,35,528 shares0 shares
OFS Issue Size (Amount)up to ₹319.84 Crup to ₹0.00 Cr
Issue Size Total5,93,57,646 shares2,30,30,000 shares
Issue Size Total (Amount)up to ₹920.00 Crup to ₹309.29 Cr

IPO Timetable

Apeejay Surrendra Park Hotels IPO opens on Feb 05, 2024, while BLS E-Services IPO opens on Jan 30, 2024. The closing date of Apeejay Surrendra Park Hotels IPO and BLS E-Services IPO is Feb 07, 2024, and Feb 01, 2024, respectively.

 Apeejay Surrendra Park Hotels IPOBLS E-Services IPO
Anchor Bid DateFeb 02, 2024Jan 29, 2024
Issue OpenFeb 05, 2024Jan 30, 2024
Issue CloseFeb 07, 2024Feb 01, 2024
Basis Of Allotment (Tentative)Feb 08, 2024Feb 02, 2024
Initiation of Refunds (Tentative)Feb 09, 2024Feb 05, 2024
Credit of Share (Tentative)Feb 09, 2024Feb 05, 2024
Listing date (Tentative)Feb 12, 2024Feb 06, 2024
Anchor Lockin End date 1Mar 09, 2024Mar 03, 2024
Anchor Lockin End date 2May 08, 2024May 02, 2024

Financials & KPIs

Apeejay Surrendra Park Hotels IPO P/E ratio is 56.33, as compared to BLS E-Services IPO P/E ratio of 44.31.

 Apeejay Surrendra Park Hotels IPOBLS E-Services IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,382.511,361.791,275.181,280.34
Total Income272.31524.43267.83190.29
Profit After Tax22.9548.06-28.20-75.88
NET Worth578.71555.68508.51536.28
Reserves and Surplus561.24538.22491.05518.81
Total Borrowing597.09566.88622.68593.44
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets213.77179.4755.9340.59
Total Income158.05246.2998.4065.23
Profit After Tax14.6820.335.383.15
NET Worth120.37106.9415.079.68
Total Borrowing0.000.008.7611.02
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)94.1893.80
Promoter Shareholding (Post-Issue)68.1368.90
P/E Ratio56.3344.31
Market Cap₹3307.26 Cr.₹1226.56 Cr.
ROE33.33%
ROCE30.62%
Debt/Equity0.990.05
EPS₹2.75₹3.05
RoNW9.03%16.46%

Shares Offered

In the Apeejay Surrendra Park Hotels IPO Retail Individual Investors (RII) are offered 58,70,967 shares while in BLS E-Services IPO retail investors are offered 58,70,967 shares. Qualified Institutional Buyers (QIB) are offered 1,76,12,904 shares in Apeejay Surrendra Park Hotels IPO and 62,18,154 shares in BLS E-Services IPO.

 Apeejay Surrendra Park Hotels IPOBLS E-Services IPO
Anchor Investor Reservation2,64,19,354 shares93,27,096 shares
Market Maker Reservation0 shares
QIB1,76,12,904 shares62,18,154 shares
NII88,06,451 shares31,09,050 shares
RII58,70,967 shares20,72,700 shares
Employee6,75,675 shares0 shares
Others
Total5,93,85,351 shares2,30,30,000 shares

Bids Received (Subscription)

Apeejay Surrendra Park Hotels IPO subscribed 62.91x in total, whereas BLS E-Services IPO subscribed 162.38x.

 Apeejay Surrendra Park Hotels IPOBLS E-Services IPO
QIB (times)79.23x123.30x
NII (times)55.26x300.05x
Big NII (times)61.55x305.27x
Small NII (times)42.68x289.59x
RII (times)32.00x236.53x
Employee (times)5.73x
Other (times)15.30x
Total (times)62.91x162.38x

Compare with others

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Apeejay Surrendra Park Hotels IPO Vs BLS E-Services IPO