Comparison between Baazar Style Retail IPO and Tolins Tyres IPO.
Baazar Style Retail IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Tolins Tyres 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 Tolins Tyres IPO is up to ₹230.00 Cr. The final issue price of Baazar Style Retail IPO is ₹389.00 per share and of Tolins Tyres IPO is ₹226.00 per share.
| Baazar Style Retail IPO | Tolins Tyres IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹5 per share |
| Issue Price (Lower) | ₹370.00 per share | ₹215.00 per share |
| Issue Price (Upper) | ₹389.00 per share | ₹226.00 per share |
| Issue Price (Final) | ₹389.00 per share | ₹226.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹35.00 per share | |
| Market Lot Size | 38 shares | 66 shares |
| Fresh Issue Size | 38,06,387 shares | 88,49,559 shares |
| Fresh Issue Size (Amount) | up to ₹148.06 Cr | up to ₹200.00 Cr |
| OFS Issue Size | 1,76,52,320 shares | 13,27,432 shares |
| OFS Issue Size (Amount) | up to ₹686.62 Cr | up to ₹30.00 Cr |
| Issue Size Total | 2,14,58,707 shares | 1,01,76,991 shares |
| Issue Size Total (Amount) | up to ₹834.68 Cr | up to ₹230.00 Cr |
Baazar Style Retail IPO opens on Aug 30, 2024, while Tolins Tyres IPO opens on Sep 09, 2024. The closing date of Baazar Style Retail IPO and Tolins Tyres IPO is Sep 03, 2024, and Sep 11, 2024, respectively.
| Baazar Style Retail IPO | Tolins Tyres IPO | |
|---|---|---|
| Anchor Bid Date | Aug 29, 2024 | Sep 06, 2024 |
| Issue Open | Aug 30, 2024 | Sep 09, 2024 |
| Issue Close | Sep 03, 2024 | Sep 11, 2024 |
| Basis Of Allotment (Tentative) | Sep 04, 2024 | Sep 12, 2024 |
| Initiation of Refunds (Tentative) | Sep 05, 2024 | Sep 13, 2024 |
| Credit of Share (Tentative) | Sep 05, 2024 | Sep 13, 2024 |
| Listing date (Tentative) | Sep 06, 2024 | Sep 16, 2024 |
| Anchor Lockin End date 1 | Oct 03, 2024 | Oct 12, 2024 |
| Anchor Lockin End date 2 | Dec 02, 2024 | Dec 12, 2024 |
Baazar Style Retail IPO P/E ratio is 125.54, as compared to Tolins Tyres IPO P/E ratio of 26.64.
| Baazar Style Retail IPO | Tolins Tyres IPO | |||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 55.03 | 92.64 | ||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 45.56 | 68.53 | ||||||||||||||||||||||||||||||||
| P/E Ratio | 125.54 | 26.64 | ||||||||||||||||||||||||||||||||
| Market Cap | ₹2902.55 Cr. | ₹892.90 Cr. | ||||||||||||||||||||||||||||||||
| ROE | 10.74% | 25.87% | ||||||||||||||||||||||||||||||||
| ROCE | 18.39% | 36.08% | ||||||||||||||||||||||||||||||||
| Debt/Equity | 0.76 | 0.78 | ||||||||||||||||||||||||||||||||
| EPS | ₹3.10 | ₹8.48 | ||||||||||||||||||||||||||||||||
| RoNW | 10.32% | 25.87% | ||||||||||||||||||||||||||||||||
In the Baazar Style Retail IPO Retail Individual Investors (RII) are offered 75,00,934 shares while in Tolins Tyres 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 20,35,398 shares in Tolins Tyres IPO.
| Baazar Style Retail IPO | Tolins Tyres IPO | |
|---|---|---|
| Anchor Investor Reservation | 64,29,372 shares | 30,53,097 shares |
| Market Maker Reservation | ||
| QIB | 42,86,248 shares | 20,35,398 shares |
| NII | 32,14,686 shares | 15,26,549 shares |
| RII | 75,00,934 shares | 35,61,947 shares |
| Employee | 28,248 shares | |
| Others | ||
| Total | 2,14,59,488 shares | 1,01,76,991 shares |
Baazar Style Retail IPO subscribed 40.63x in total, whereas Tolins Tyres IPO subscribed 25.03x.
| Baazar Style Retail IPO | Tolins Tyres IPO | |
|---|---|---|
| QIB (times) | 81.83x | 26.72x |
| NII (times) | 59.41x | 28.80x |
| Big NII (times) | 69.27x | 26.39x |
| Small NII (times) | 39.68x | 33.63x |
| RII (times) | 9.07x | 22.45x |
| Employee (times) | 35.08x | |
| Other (times) | ||
| Total (times) | 40.63x | 25.03x |
