Comparison between Apeejay Surrendra Park Hotels IPO and Platinum Industries IPO.
Apeejay Surrendra Park Hotels IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Platinum Industries IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Apeejay Surrendra Park Hotels IPO is up to ₹920.00 Cr whereas the issue size of the Platinum Industries IPO is up to ₹235.32 Cr. The final issue price of Apeejay Surrendra Park Hotels IPO is ₹155.00 per share and of Platinum Industries IPO is ₹171.00 per share.
| Apeejay Surrendra Park Hotels IPO | Platinum Industries IPO | |
|---|---|---|
| Face Value | ₹1 per share | ₹10 per share |
| Issue Price (Lower) | ₹147.00 per share | ₹162.00 per share |
| Issue Price (Upper) | ₹155.00 per share | ₹171.00 per share |
| Issue Price (Final) | ₹155.00 per share | ₹171.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹7.00 per share | |
| Market Lot Size | 96 shares | 87 shares |
| Fresh Issue Size | 3,87,22,118 shares | 1,37,61,225 shares |
| Fresh Issue Size (Amount) | up to ₹600.16 Cr | up to ₹235.32 Cr |
| OFS Issue Size | 2,06,35,528 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹319.84 Cr | up to ₹0.00 Cr |
| Issue Size Total | 5,93,57,646 shares | 1,37,61,225 shares |
| Issue Size Total (Amount) | up to ₹920.00 Cr | up to ₹235.32 Cr |
Apeejay Surrendra Park Hotels IPO opens on Feb 05, 2024, while Platinum Industries IPO opens on Feb 27, 2024. The closing date of Apeejay Surrendra Park Hotels IPO and Platinum Industries IPO is Feb 07, 2024, and Feb 29, 2024, respectively.
| Apeejay Surrendra Park Hotels IPO | Platinum Industries IPO | |
|---|---|---|
| Anchor Bid Date | Feb 02, 2024 | Feb 26, 2024 |
| Issue Open | Feb 05, 2024 | Feb 27, 2024 |
| Issue Close | Feb 07, 2024 | Feb 29, 2024 |
| Basis Of Allotment (Tentative) | Feb 08, 2024 | Mar 01, 2024 |
| Initiation of Refunds (Tentative) | Feb 09, 2024 | Mar 04, 2024 |
| Credit of Share (Tentative) | Feb 09, 2024 | Mar 04, 2024 |
| Listing date (Tentative) | Feb 12, 2024 | Mar 05, 2024 |
| Anchor Lockin End date 1 | Mar 09, 2024 | Mar 31, 2024 |
| Anchor Lockin End date 2 | May 08, 2024 | May 30, 2024 |
Apeejay Surrendra Park Hotels IPO P/E ratio is 56.33, as compared to Platinum Industries IPO P/E ratio of 18.73.
| Apeejay Surrendra Park Hotels IPO | Platinum Industries IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 94.18 | 94.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 68.13 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 56.33 | 18.73 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹3307.26 Cr. | ₹939.22 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 90.02% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 56.85% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.99 | 0.28 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.75 | ₹9.13 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 9.03% | 61.26% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Apeejay Surrendra Park Hotels IPO Retail Individual Investors (RII) are offered 58,70,967 shares while in Platinum Industries 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 27,52,375 shares in Platinum Industries IPO.
| Apeejay Surrendra Park Hotels IPO | Platinum Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | 2,64,19,354 shares | 41,28,237 shares |
| Market Maker Reservation | ||
| QIB | 1,76,12,904 shares | 27,52,375 shares |
| NII | 88,06,451 shares | 20,64,184 shares |
| RII | 58,70,967 shares | 48,16,429 shares |
| Employee | 6,75,675 shares | |
| Others | ||
| Total | 5,93,85,351 shares | 1,37,61,225 shares |
Apeejay Surrendra Park Hotels IPO subscribed 62.91x in total, whereas Platinum Industries IPO subscribed 98.99x.
| Apeejay Surrendra Park Hotels IPO | Platinum Industries IPO | |
|---|---|---|
| QIB (times) | 79.23x | 151.00x |
| NII (times) | 55.26x | 141.79x |
| Big NII (times) | 61.55x | 138.46x |
| Small NII (times) | 42.68x | 148.46x |
| RII (times) | 32.00x | 50.92x |
| Employee (times) | 5.73x | |
| Other (times) | ||
| Total (times) | 62.91x | 98.99x |
