Comparison between Avalon Technologies IPO and IKIO Lighting IPO.
Avalon Technologies IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while IKIO Lighting 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 IKIO Lighting IPO is up to ₹606.50 Cr. The final issue price of Avalon Technologies IPO is ₹436.00 per share and of IKIO Lighting IPO is ₹285.00 per share.
| Avalon Technologies IPO | IKIO Lighting IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹415.00 per share | ₹270.00 per share |
| Issue Price (Upper) | ₹436.00 per share | ₹285.00 per share |
| Issue Price (Final) | ₹436.00 per share | ₹285.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 34 shares | 52 shares |
| Fresh Issue Size | 73,39,449 shares | 1,22,80,701 shares |
| Fresh Issue Size (Amount) | up to ₹320.00 Cr | up to ₹350.00 Cr |
| OFS Issue Size | 1,24,99,997 shares | 90,00,000 shares |
| OFS Issue Size (Amount) | up to ₹545.00 Cr | up to ₹256.50 Cr |
| Issue Size Total | 1,98,39,446 shares | 2,12,80,701 shares |
| Issue Size Total (Amount) | up to ₹865.00 Cr | up to ₹606.50 Cr |
Avalon Technologies IPO opens on Apr 03, 2023, while IKIO Lighting IPO opens on Jun 06, 2023. The closing date of Avalon Technologies IPO and IKIO Lighting IPO is Apr 06, 2023, and Jun 08, 2023, respectively.
| Avalon Technologies IPO | IKIO Lighting IPO | |
|---|---|---|
| Anchor Bid Date | Mar 31, 2023 | Jun 05, 2023 |
| Issue Open | Apr 03, 2023 | Jun 06, 2023 |
| Issue Close | Apr 06, 2023 | Jun 08, 2023 |
| Basis Of Allotment (Tentative) | Apr 12, 2023 | Jun 13, 2023 |
| Initiation of Refunds (Tentative) | Apr 13, 2023 | Jun 14, 2023 |
| Credit of Share (Tentative) | Apr 17, 2023 | Jun 15, 2023 |
| Listing date (Tentative) | Apr 18, 2023 | Jun 16, 2023 |
| Anchor Lockin End date 1 | May 12, 2023 | Jul 13, 2023 |
| Anchor Lockin End date 2 | Jul 11, 2023 | Sep 11, 2023 |
Avalon Technologies IPO P/E ratio is 55.54, as compared to IKIO Lighting IPO P/E ratio of 32.13.
| Avalon Technologies IPO | IKIO Lighting IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Proforma Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 70.75 | 100.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 51.24 | 72.46 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 55.54 | 32.13 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2846.76 Cr. | ₹2202.50 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 85.9 | 36.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 27.4 | 26.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.64 | 1.03 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.30 | ₹7.90 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 85.86 | 36.46% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Avalon Technologies IPO Retail Individual Investors (RII) are offered 19,83,944 shares while in IKIO Lighting IPO retail investors are offered 19,83,944 shares. Qualified Institutional Buyers (QIB) are offered 59,51,835 shares in Avalon Technologies IPO and 42,56,140 shares in IKIO Lighting IPO.
| Avalon Technologies IPO | IKIO Lighting IPO | |
|---|---|---|
| Anchor Investor Reservation | 89,27,751 shares | 63,84,209 shares |
| Market Maker Reservation | ||
| QIB | 59,51,835 shares | 42,56,140 shares |
| NII | 29,75,916 shares | 31,92,106 shares |
| RII | 19,83,944 shares | 74,48,246 shares |
| Employee | ||
| Others | ||
| Total | 1,98,39,446 shares | 2,12,80,701 shares |
Avalon Technologies IPO subscribed 2.34x in total, whereas IKIO Lighting IPO subscribed 67.75x.
| Avalon Technologies IPO | IKIO Lighting IPO | |
|---|---|---|
| QIB (times) | 3.77x | 163.06x |
| NII (times) | 0.43x | 65.38x |
| Big NII (times) | 0.44x | 69.01x |
| Small NII (times) | 0.41x | 58.13x |
| RII (times) | 0.88x | 14.31x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.34x | 67.75x |
