Comparison between Apex Ecotech IPO and Emerald Tyre Manufacturers IPO.
Apex Ecotech 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.
| Apex Ecotech IPO | Emerald Tyre Manufacturers IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Share India Capital Services Pvt.Ltd. | GYR Capital Advisors Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Share India Securities Ltd. | Giriraj Stock Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Apex Ecotech IPO is up to ₹24.08 Cr whereas the issue size of the Emerald Tyre Manufacturers IPO is up to ₹46.41 Cr. The final issue price of Apex Ecotech IPO is ₹73.00 per share and of Emerald Tyre Manufacturers IPO is ₹95.00 per share.
| Apex Ecotech IPO | Emerald Tyre Manufacturers IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹71.00 per share | ₹90.00 per share |
| Issue Price (Upper) | ₹73.00 per share | ₹95.00 per share |
| Issue Price (Final) | ₹73.00 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 | 32,99,200 shares | 46,86,000 shares |
| Fresh Issue Size (Amount) | up to ₹24.08 Cr | up to ₹44.52 Cr |
| OFS Issue Size | 0 shares | 1,99,200 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹1.89 Cr |
| Issue Size Total | 32,99,200 shares | 48,85,200 shares |
| Issue Size Total (Amount) | up to ₹24.08 Cr | up to ₹46.41 Cr |
Apex Ecotech IPO opens on Nov 27, 2024, while Emerald Tyre Manufacturers IPO opens on Dec 05, 2024. The closing date of Apex Ecotech IPO and Emerald Tyre Manufacturers IPO is Nov 29, 2024, and Dec 09, 2024, respectively.
| Apex Ecotech IPO | Emerald Tyre Manufacturers IPO | |
|---|---|---|
| Anchor Bid Date | Nov 26, 2024 | 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 | Dec 31, 2024 | Jan 09, 2025 |
| Anchor Lockin End date 2 | Mar 01, 2025 | Mar 10, 2025 |
Apex Ecotech IPO P/E ratio is 10.66, as compared to Emerald Tyre Manufacturers IPO P/E ratio of 11.25.
| Apex Ecotech IPO | Emerald Tyre Manufacturers IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Apex Ecotech Limited Financial Information (Restated Standalone)Apex Ecotech Limited's revenue increased by 53.1% and profit after tax (PAT) rose by 88.31% 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.
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| Promoter Shareholding (Pre-Issue) | 94.32 | 67.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.29 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 10.66 | 11.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹96.25 Cr. | ₹185.03 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 10.01% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 12.02% | 15.84% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.07 | 1.61 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.85 | ₹8.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 10.01% | 22.63% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Apex Ecotech IPO Retail Individual Investors (RII) are offered 11,55,200 shares while in Emerald Tyre Manufacturers IPO retail investors are offered 11,55,200 shares. Qualified Institutional Buyers (QIB) are offered 6,59,200 shares in Apex Ecotech IPO and 9,76,800 shares in Emerald Tyre Manufacturers IPO.
| Apex Ecotech IPO | Emerald Tyre Manufacturers IPO | |
|---|---|---|
| Anchor Investor Reserveration | 9,88,800 shares | 14,64,000 shares |
| Market Maker Reserveration | 2,00,000 shares | 3,00,000 shares |
| QIB | 6,59,200 shares | 9,76,800 shares |
| NII | 4,96,000 shares | 7,33,200 shares |
| RII | 11,55,200 shares | 17,11,200 shares |
| Employee | ||
| Others | ||
| Total | 32,99,200 shares | 48,85,200 shares |
Apex Ecotech IPO subscribed 457.07x in total, whereas Emerald Tyre Manufacturers IPO subscribed 530.59x.
| Apex Ecotech IPO | Emerald Tyre Manufacturers IPO | |
|---|---|---|
| QIB (times) | 136.69x | 195.95x |
| NII (times) | 1,179.62x | 912.18x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 329.65x | 558.11x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 457.07x | 530.59x |
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