Comparison between Avalon Technologies IPO and Divgi TorqTransfer Systems IPO.
Avalon Technologies IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Divgi TorqTransfer Systems IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Avalon Technologies IPO is up to ₹865.00 Cr whereas the issue size of the Divgi TorqTransfer Systems IPO is up to ₹412.12 Cr. The final issue price of Avalon Technologies IPO is ₹436.00 per share and of Divgi TorqTransfer Systems IPO is ₹590.00 per share.
| Avalon Technologies IPO | Divgi TorqTransfer Systems IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹5 per share |
| Issue Price (Lower) | ₹415.00 per share | ₹560.00 per share |
| Issue Price (Upper) | ₹436.00 per share | ₹590.00 per share |
| Issue Price (Final) | ₹436.00 per share | ₹590.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 34 shares | 25 shares |
| Fresh Issue Size | 73,39,449 shares | 30,50,847 shares |
| Fresh Issue Size (Amount) | up to ₹320.00 Cr | up to ₹180.00 Cr |
| OFS Issue Size | 1,24,99,997 shares | 39,34,243 shares |
| OFS Issue Size (Amount) | up to ₹545.00 Cr | up to ₹232.12 Cr |
| Issue Size Total | 1,98,39,446 shares | 69,85,090 shares |
| Issue Size Total (Amount) | up to ₹865.00 Cr | up to ₹412.12 Cr |
Avalon Technologies IPO opens on Apr 03, 2023, while Divgi TorqTransfer Systems IPO opens on Mar 01, 2023. The closing date of Avalon Technologies IPO and Divgi TorqTransfer Systems IPO is Apr 06, 2023, and Mar 03, 2023, respectively.
| Avalon Technologies IPO | Divgi TorqTransfer Systems IPO | |
|---|---|---|
| Anchor Bid Date | Mar 31, 2023 | Feb 28, 2023 |
| Issue Open | Apr 03, 2023 | Mar 01, 2023 |
| Issue Close | Apr 06, 2023 | Mar 03, 2023 |
| Basis Of Allotment (Tentative) | Apr 12, 2023 | Mar 09, 2023 |
| Initiation of Refunds (Tentative) | Apr 13, 2023 | Mar 10, 2023 |
| Credit of Share (Tentative) | Apr 17, 2023 | Mar 13, 2023 |
| Listing date (Tentative) | Apr 18, 2023 | Mar 14, 2023 |
| Anchor Lockin End date 1 | May 12, 2023 | Apr 08, 2023 |
| Anchor Lockin End date 2 | Jul 11, 2023 | Jun 07, 2023 |
Avalon Technologies IPO P/E ratio is 55.54, as compared to Divgi TorqTransfer Systems IPO P/E ratio of 35.16.
| Avalon Technologies IPO | Divgi TorqTransfer Systems IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 70.75 | 67.18 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 51.24 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 55.54 | 35.16 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2846.76 Cr. | ₹1804.39 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 85.9 | 14.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 27.4 | 29.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.64 | 0.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.30 | ₹16.76 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 85.86 | 13.57 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Avalon Technologies IPO Retail Individual Investors (RII) are offered 19,83,944 shares while in Divgi TorqTransfer Systems IPO retail investors are offered 19,83,944 shares. Qualified Institutional Buyers (QIB) are offered 59,51,835 shares in Avalon Technologies IPO and 20,95,528 shares in Divgi TorqTransfer Systems IPO.
| Avalon Technologies IPO | Divgi TorqTransfer Systems IPO | |
|---|---|---|
| Anchor Investor Reservation | 89,27,751 shares | 31,43,290 shares |
| Market Maker Reservation | ||
| QIB | 59,51,835 shares | 20,95,528 shares |
| NII | 29,75,916 shares | 10,47,763 shares |
| RII | 19,83,944 shares | 6,98,509 shares |
| Employee | ||
| Others | ||
| Total | 1,98,39,446 shares | 69,85,090 shares |
Avalon Technologies IPO subscribed 2.34x in total, whereas Divgi TorqTransfer Systems IPO subscribed 5.44x.
| Avalon Technologies IPO | Divgi TorqTransfer Systems IPO | |
|---|---|---|
| QIB (times) | 3.77x | 7.83x |
| NII (times) | 0.43x | 1.40x |
| Big NII (times) | 0.44x | 0.89x |
| Small NII (times) | 0.41x | 2.41x |
| RII (times) | 0.88x | 4.31x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.34x | 5.44x |
