Baazar Style Retail IPO vs Orient Technologies IPO

Comparison between Baazar Style Retail IPO and Orient Technologies IPO.

IPO Details

Baazar Style Retail IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Orient Technologies IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Baazar Style Retail IPO is up to ₹834.68 Cr whereas the issue size of the Orient Technologies IPO is up to ₹214.76 Cr. The final issue price of Baazar Style Retail IPO is ₹389.00 per share and of Orient Technologies IPO is ₹206.00 per share.

 Baazar Style Retail IPOOrient Technologies IPO
Face Value₹5 per share₹10 per share
Issue Price (Lower)₹370.00 per share₹195.00 per share
Issue Price (Upper)₹389.00 per share₹206.00 per share
Issue Price (Final)₹389.00 per share₹206.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹35.00 per share
Market Lot Size38 shares72 shares
Fresh Issue Size38,06,387 shares58,25,242 shares
Fresh Issue Size (Amount)up to ₹148.06 Crup to ₹120.00 Cr
OFS Issue Size1,76,52,320 shares46,00,000 shares
OFS Issue Size (Amount)up to ₹686.62 Crup to ₹94.76 Cr
Issue Size Total2,14,58,707 shares1,04,25,242 shares
Issue Size Total (Amount)up to ₹834.68 Crup to ₹214.76 Cr

IPO Timetable

Baazar Style Retail IPO opens on Aug 30, 2024, while Orient Technologies IPO opens on Aug 21, 2024. The closing date of Baazar Style Retail IPO and Orient Technologies IPO is Sep 03, 2024, and Aug 23, 2024, respectively.

 Baazar Style Retail IPOOrient Technologies IPO
Anchor Bid DateAug 29, 2024Aug 20, 2024
Issue OpenAug 30, 2024Aug 21, 2024
Issue CloseSep 03, 2024Aug 23, 2024
Basis Of Allotment (Tentative)Sep 04, 2024Aug 26, 2024
Initiation of Refunds (Tentative)Sep 05, 2024Aug 27, 2024
Credit of Share (Tentative)Sep 05, 2024Aug 27, 2024
Listing date (Tentative)Sep 06, 2024Aug 28, 2024
Anchor Lockin End date 1Oct 03, 2024Sep 24, 2024
Anchor Lockin End date 2Dec 02, 2024Nov 23, 2024

Financials & KPIs

Baazar Style Retail IPO P/E ratio is 125.54, as compared to Orient Technologies IPO P/E ratio of 17.8.

 Baazar Style Retail IPOOrient Technologies IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 2024
Assets1,165.97
Total Income982.83
Profit After Tax21.94
NET Worth212.56
Reserves and Surplus180.20
Total Borrowing178.23
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets311.14215.25176.32112.45
Total Income606.86542.01469.12248.96
Profit After Tax41.4538.3033.490.13
NET Worth175.31128.8294.1161.29
Reserves and Surplus138.79111.3276.6144.79
Total Borrowing4.8212.862.289.22
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)55.0397.96
Promoter Shareholding (Post-Issue)45.5673.21
P/E Ratio125.5417.8
Market Cap₹2902.55 Cr.₹857.82 Cr.
ROE10.74%27.26
ROCE18.39%28.42
Debt/Equity0.76
EPS₹3.10₹11.57
RoNW10.32%23.64

Shares Offered

In the Baazar Style Retail IPO Retail Individual Investors (RII) are offered 75,00,934 shares while in Orient Technologies IPO retail investors are offered 75,00,934 shares. Qualified Institutional Buyers (QIB) are offered 42,86,248 shares in Baazar Style Retail IPO and 20,85,048 shares in Orient Technologies IPO.

 Baazar Style Retail IPOOrient Technologies IPO
Anchor Investor Reservation64,29,372 shares31,27,572 shares
Market Maker Reservation
QIB42,86,248 shares20,85,048 shares
NII32,14,686 shares15,63,787 shares
RII75,00,934 shares36,48,835 shares
Employee28,248 shares
Others
Total2,14,59,488 shares1,04,25,242 shares

Bids Received (Subscription)

Baazar Style Retail IPO subscribed 40.63x in total, whereas Orient Technologies IPO subscribed 154.84x.

 Baazar Style Retail IPOOrient Technologies IPO
QIB (times)81.83x188.79x
NII (times)59.41x310.03x
Big NII (times)69.27x343.45x
Small NII (times)39.68x243.20x
RII (times)9.07x68.93x
Employee (times)35.08x
Other (times)
Total (times)40.63x154.84x

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Baazar Style Retail IPO Vs Orient Technologies IPO