Apeejay Surrendra Park Hotels IPO vs EPACK Durable IPO

Comparison between Apeejay Surrendra Park Hotels IPO and EPACK Durable IPO.

IPO Details

Apeejay Surrendra Park Hotels IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while EPACK Durable 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 EPACK Durable IPO is up to ₹640.05 Cr. The final issue price of Apeejay Surrendra Park Hotels IPO is ₹155.00 per share and of EPACK Durable IPO is ₹230.00 per share.

 Apeejay Surrendra Park Hotels IPOEPACK Durable IPO
Face Value₹1 per share₹10 per share
Issue Price (Lower)₹147.00 per share₹218.00 per share
Issue Price (Upper)₹155.00 per share₹230.00 per share
Issue Price (Final)₹155.00 per share₹230.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹7.00 per share
Market Lot Size96 shares65 shares
Fresh Issue Size3,87,22,118 shares1,73,91,304 shares
Fresh Issue Size (Amount)up to ₹600.16 Crup to ₹400.00 Cr
OFS Issue Size2,06,35,528 shares1,04,37,047 shares
OFS Issue Size (Amount)up to ₹319.84 Crup to ₹240.05 Cr
Issue Size Total5,93,57,646 shares2,78,28,351 shares
Issue Size Total (Amount)up to ₹920.00 Crup to ₹640.05 Cr

IPO Timetable

Apeejay Surrendra Park Hotels IPO opens on Feb 05, 2024, while EPACK Durable IPO opens on Jan 19, 2024. The closing date of Apeejay Surrendra Park Hotels IPO and EPACK Durable IPO is Feb 07, 2024, and Jan 24, 2024, respectively.

 Apeejay Surrendra Park Hotels IPOEPACK Durable IPO
Anchor Bid DateFeb 02, 2024Jan 18, 2024
Issue OpenFeb 05, 2024Jan 19, 2024
Issue CloseFeb 07, 2024Jan 24, 2024
Basis Of Allotment (Tentative)Feb 08, 2024Jan 25, 2024
Initiation of Refunds (Tentative)Feb 09, 2024Jan 29, 2024
Credit of Share (Tentative)Feb 09, 2024Jan 29, 2024
Listing date (Tentative)Feb 12, 2024Jan 30, 2024
Anchor Lockin End date 1Mar 09, 2024Feb 24, 2024
Anchor Lockin End date 2May 08, 2024Apr 24, 2024

Financials & KPIs

Apeejay Surrendra Park Hotels IPO P/E ratio is 56.33, as compared to EPACK Durable IPO P/E ratio of 56.4.

 Apeejay Surrendra Park Hotels IPOEPACK Durable 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)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,071.451,464.161,076.68520.37
Total Income616.321,540.25927.34739.66
Profit After Tax2.6531.9717.437.80
NET Worth478.31313.62121.8768.91
Total Borrowing369.57492.45383.98238.56
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)94.1885.49
Promoter Shareholding (Post-Issue)68.1365.36
P/E Ratio56.3356.4
Market Cap₹3307.26 Cr.₹2203.37 Cr.
ROE14.68%
ROCE11.85%
Debt/Equity0.991.58
EPS₹2.75₹4.08
RoNW9.03%14.68%

Shares Offered

In the Apeejay Surrendra Park Hotels IPO Retail Individual Investors (RII) are offered 58,70,967 shares while in EPACK Durable 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 55,65,671 shares in EPACK Durable IPO.

 Apeejay Surrendra Park Hotels IPOEPACK Durable IPO
Anchor Investor Reservation2,64,19,354 shares83,48,504 shares
Market Maker Reservation
QIB1,76,12,904 shares55,65,671 shares
NII88,06,451 shares41,74,253 shares
RII58,70,967 shares97,39,923 shares
Employee6,75,675 shares
Others
Total5,93,85,351 shares2,78,28,351 shares

Bids Received (Subscription)

Apeejay Surrendra Park Hotels IPO subscribed 62.91x in total, whereas EPACK Durable IPO subscribed 16.79x.

 Apeejay Surrendra Park Hotels IPOEPACK Durable IPO
QIB (times)79.23x25.59x
NII (times)55.26x29.07x
Big NII (times)61.55x31.60x
Small NII (times)42.68x21.74x
RII (times)32.00x6.50x
Employee (times)5.73x
Other (times)
Total (times)62.91x16.79x

Compare with others

Compare:

Apeejay Surrendra Park Hotels IPO Vs EPACK Durable IPO