Comparison between Baazar Style Retail IPO and Shree Tirupati Balajee Agro IPO.
Baazar Style Retail IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Shree Tirupati Balajee Agro IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Baazar Style Retail IPO is up to ₹834.68 Cr whereas the issue size of the Shree Tirupati Balajee Agro IPO is up to ₹169.65 Cr. The final issue price of Baazar Style Retail IPO is ₹389.00 per share and of Shree Tirupati Balajee Agro IPO is ₹83.00 per share.
| Baazar Style Retail IPO | Shree Tirupati Balajee Agro IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹370.00 per share | ₹78.00 per share |
| Issue Price (Upper) | ₹389.00 per share | ₹83.00 per share |
| Issue Price (Final) | ₹389.00 per share | ₹83.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹35.00 per share | |
| Market Lot Size | 38 shares | 180 shares |
| Fresh Issue Size | 38,06,387 shares | 1,47,50,000 shares |
| Fresh Issue Size (Amount) | up to ₹148.06 Cr | up to ₹122.43 Cr |
| OFS Issue Size | 1,76,52,320 shares | 56,90,000 shares |
| OFS Issue Size (Amount) | up to ₹686.62 Cr | up to ₹47.23 Cr |
| Issue Size Total | 2,14,58,707 shares | 2,04,40,000 shares |
| Issue Size Total (Amount) | up to ₹834.68 Cr | up to ₹169.65 Cr |
Baazar Style Retail IPO opens on Aug 30, 2024, while Shree Tirupati Balajee Agro IPO opens on Sep 05, 2024. The closing date of Baazar Style Retail IPO and Shree Tirupati Balajee Agro IPO is Sep 03, 2024, and Sep 09, 2024, respectively.
| Baazar Style Retail IPO | Shree Tirupati Balajee Agro IPO | |
|---|---|---|
| Anchor Bid Date | Aug 29, 2024 | Sep 04, 2024 |
| Issue Open | Aug 30, 2024 | Sep 05, 2024 |
| Issue Close | Sep 03, 2024 | Sep 09, 2024 |
| Basis Of Allotment (Tentative) | Sep 04, 2024 | Sep 10, 2024 |
| Initiation of Refunds (Tentative) | Sep 05, 2024 | Sep 11, 2024 |
| Credit of Share (Tentative) | Sep 05, 2024 | Sep 11, 2024 |
| Listing date (Tentative) | Sep 06, 2024 | Sep 12, 2024 |
| Anchor Lockin End date 1 | Oct 03, 2024 | Oct 09, 2024 |
| Anchor Lockin End date 2 | Dec 02, 2024 | Dec 08, 2024 |
Baazar Style Retail IPO P/E ratio is 125.54, as compared to Shree Tirupati Balajee Agro IPO P/E ratio of 15.37.
| Baazar Style Retail IPO | Shree Tirupati Balajee Agro IPO | |||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 55.03 | 88.38 | ||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 45.56 | 65.42 | ||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 125.54 | 15.37 | ||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2902.55 Cr. | ₹677.04 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 10.74% | 20.84% | ||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 18.39% | 16.29% | ||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.76 | 1.41 | ||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.10 | ₹5.40 | ||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 10.32% | 20.84% | ||||||||||||||||||||||||||||||||||||||||||||||||
In the Baazar Style Retail IPO Retail Individual Investors (RII) are offered 75,00,934 shares while in Shree Tirupati Balajee Agro 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 40,88,000 shares in Shree Tirupati Balajee Agro IPO.
| Baazar Style Retail IPO | Shree Tirupati Balajee Agro IPO | |
|---|---|---|
| Anchor Investor Reservation | 64,29,372 shares | 61,32,000 shares |
| Market Maker Reservation | ||
| QIB | 42,86,248 shares | 40,88,000 shares |
| NII | 32,14,686 shares | 30,66,000 shares |
| RII | 75,00,934 shares | 71,54,000 shares |
| Employee | 28,248 shares | |
| Others | ||
| Total | 2,14,59,488 shares | 2,04,40,000 shares |
Baazar Style Retail IPO subscribed 40.63x in total, whereas Shree Tirupati Balajee Agro IPO subscribed 124.74x.
| Baazar Style Retail IPO | Shree Tirupati Balajee Agro IPO | |
|---|---|---|
| QIB (times) | 81.83x | 150.87x |
| NII (times) | 59.41x | 210.12x |
| Big NII (times) | 69.27x | 225.47x |
| Small NII (times) | 39.68x | 179.41x |
| RII (times) | 9.07x | 73.22x |
| Employee (times) | 35.08x | |
| Other (times) | ||
| Total (times) | 40.63x | 124.74x |
