Awfis Space Solutions IPO vs TBO Tek IPO

Comparison between Awfis Space Solutions IPO and TBO Tek IPO.

IPO Details

Awfis Space Solutions IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while TBO Tek IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Awfis Space Solutions IPO is up to ₹598.93 Cr whereas the issue size of the TBO Tek IPO is up to ₹1,550.81 Cr. The final issue price of Awfis Space Solutions IPO is ₹383.00 per share and of TBO Tek IPO is ₹920.00 per share.

 Awfis Space Solutions IPOTBO Tek IPO
Face Value₹10 per share₹1 per share
Issue Price (Lower)₹364.00 per share₹875.00 per share
Issue Price (Upper)₹383.00 per share₹920.00 per share
Issue Price (Final)₹383.00 per share₹920.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹36.00 per share₹0.00 per share
Market Lot Size39 shares16 shares
Fresh Issue Size33,43,939 shares43,47,826 shares
Fresh Issue Size (Amount)up to ₹128.06 Crup to ₹400.00 Cr
OFS Issue Size1,22,95,699 shares1,25,08,797 shares
OFS Issue Size (Amount)up to ₹470.87 Crup to ₹1,150.81 Cr
Issue Size Total1,56,39,638 shares1,68,56,623 shares
Issue Size Total (Amount)up to ₹598.93 Crup to ₹1,550.81 Cr

IPO Timetable

Awfis Space Solutions IPO opens on May 22, 2024, while TBO Tek IPO opens on May 08, 2024. The closing date of Awfis Space Solutions IPO and TBO Tek IPO is May 27, 2024, and May 10, 2024, respectively.

 Awfis Space Solutions IPOTBO Tek IPO
Anchor Bid DateMay 21, 2024May 07, 2024
Issue OpenMay 22, 2024May 08, 2024
Issue CloseMay 27, 2024May 10, 2024
Basis Of Allotment (Tentative)May 28, 2024May 13, 2024
Initiation of Refunds (Tentative)May 29, 2024May 14, 2024
Credit of Share (Tentative)May 29, 2024May 14, 2024
Listing date (Tentative)May 30, 2024May 15, 2024
Anchor Lockin End date 1Jun 27, 2024Jun 12, 2024
Anchor Lockin End date 2Aug 26, 2024Aug 11, 2024

Financials & KPIs

Awfis Space Solutions IPO P/E ratio is , as compared to TBO Tek IPO P/E ratio of 64.58.

 Awfis Space Solutions IPOTBO Tek IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,352.25930.61559.69508.58
Total Income633.69565.79278.72216.02
Profit After Tax-18.94-46.64-57.16-42.64
NET Worth247.19169.3694.72150.75
Reserves and Surplus-265.56-204.30-223.37-167.12
Total Borrowing23.7210.9212.112.97
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets3,754.052,557.931,271.43576.16
Total Income1,039.561,085.77511.93176.55
Profit After Tax154.18148.4933.72-34.14
NET Worth501.21337.19231.90204.07
Reserves and Surplus478.43317.57214.08197.58
Total Borrowing2.936.362.69
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)41.0551.26
Promoter Shareholding (Post-Issue)
P/E Ratio64.58
Market Cap₹2658.70 Cr.₹9990.08 Cr.
ROE
ROCE37.43%
Debt/Equity0.10
EPS₹14.25
RoNW-7.66%30.76

Shares Offered

In the Awfis Space Solutions IPO Retail Individual Investors (RII) are offered 15,58,551 shares while in TBO Tek IPO retail investors are offered 15,58,551 shares. Qualified Institutional Buyers (QIB) are offered 46,75,656 shares in Awfis Space Solutions IPO and 50,47,205 shares in TBO Tek IPO.

 Awfis Space Solutions IPOTBO Tek IPO
Anchor Investor Reservation70,13,483 shares75,70,807 shares
Market Maker Reservation
QIB46,75,656 shares50,47,205 shares
NII23,37,827 shares25,23,602 shares
RII15,58,551 shares16,82,401 shares
Employee57,636 shares32,608 shares
Others
Total1,56,43,153 shares1,68,56,623 shares

Bids Received (Subscription)

Awfis Space Solutions IPO subscribed 108.17x in total, whereas TBO Tek IPO subscribed 86.69x.

 Awfis Space Solutions IPOTBO Tek IPO
QIB (times)116.95x125.51x
NII (times)129.27x50.60x
Big NII (times)138.15x55.82x
Small NII (times)111.53x40.15x
RII (times)53.23x25.72x
Employee (times)24.68x17.81x
Other (times)
Total (times)108.17x86.69x

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Awfis Space Solutions IPO Vs TBO Tek IPO