Bansal Wire Industries IPO vs Ceigall India IPO

Comparison between Bansal Wire Industries IPO and Ceigall India IPO.

IPO Details

Bansal Wire Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Ceigall India IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Bansal Wire Industries IPO is up to ₹745.00 Cr whereas the issue size of the Ceigall India IPO is up to ₹1,252.66 Cr. The final issue price of Bansal Wire Industries IPO is ₹256.00 per share and of Ceigall India IPO is ₹401.00 per share.

 Bansal Wire Industries IPOCeigall India IPO
Face Value₹5 per share₹5 per share
Issue Price (Lower)₹243.00 per share₹380.00 per share
Issue Price (Upper)₹256.00 per share₹401.00 per share
Issue Price (Final)₹256.00 per share₹401.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹38.00 per share
Market Lot Size58 shares37 shares
Fresh Issue Size2,91,01,562 shares1,70,68,861 shares
Fresh Issue Size (Amount)up to ₹745.00 Crup to ₹684.35 Cr
OFS Issue Size0 shares1,41,74,840 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹568.32 Cr
Issue Size Total2,91,01,562 shares3,12,43,701 shares
Issue Size Total (Amount)up to ₹745.00 Crup to ₹1,252.66 Cr

IPO Timetable

Bansal Wire Industries IPO opens on Jul 03, 2024, while Ceigall India IPO opens on Aug 01, 2024. The closing date of Bansal Wire Industries IPO and Ceigall India IPO is Jul 05, 2024, and Aug 05, 2024, respectively.

 Bansal Wire Industries IPOCeigall India IPO
Anchor Bid DateJul 02, 2024Jul 31, 2024
Issue OpenJul 03, 2024Aug 01, 2024
Issue CloseJul 05, 2024Aug 05, 2024
Basis Of Allotment (Tentative)Jul 08, 2024Aug 06, 2024
Initiation of Refunds (Tentative)Jul 09, 2024Aug 07, 2024
Credit of Share (Tentative)Jul 09, 2024Aug 07, 2024
Listing date (Tentative)Jul 10, 2024Aug 08, 2024
Anchor Lockin End date 1Aug 07, 2024Sep 04, 2024
Anchor Lockin End date 2Oct 06, 2024Nov 03, 2024

Financials & KPIs

Bansal Wire Industries IPO P/E ratio is 41.41, as compared to Ceigall India IPO P/E ratio of 20.67.

 Bansal Wire Industries IPOCeigall India IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets1,264.01749.05695.48
Total Income2,470.892,422.572,205.07
Profit After Tax78.8059.9357.29
NET Worth422.37282.51223.01
Reserves and Surplus358.64273.41213.91
Total Borrowing681.14422.19413.15
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets2,592.191,827.82959.14
Total Income3,066.192,087.041,146.50
Profit After Tax304.91167.70126.43
NET Worth906.41593.06431.25
Total Borrowing1,811.021,252.58652.12
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)95.7899.99
Promoter Shareholding (Post-Issue)77.9782.06
P/E Ratio41.4120.67
Market Cap₹4007.83 Cr.₹6985.41 Cr.
ROE21.19%33.57%
ROCE18.46%31.98%
Debt/Equity1.481.17
EPS₹6.18₹19.40
RoNW18.27%33.57%

Shares Offered

In the Bansal Wire Industries IPO Retail Individual Investors (RII) are offered 1,01,85,547 shares while in Ceigall India IPO retail investors are offered 1,01,85,547 shares. Qualified Institutional Buyers (QIB) are offered 58,20,312 shares in Bansal Wire Industries IPO and 62,37,721 shares in Ceigall India IPO.

 Bansal Wire Industries IPOCeigall India IPO
Anchor Investor Reservation87,30,468 shares93,56,581 shares
Market Maker Reservation
QIB58,20,312 shares62,37,721 shares
NII43,65,235 shares46,78,291 shares
RII1,01,85,547 shares1,09,16,012 shares
Employee55,096 shares
Others
Total2,91,01,562 shares3,12,43,701 shares

Bids Received (Subscription)

Bansal Wire Industries IPO subscribed 62.76x in total, whereas Ceigall India IPO subscribed 14.01x.

 Bansal Wire Industries IPOCeigall India IPO
QIB (times)153.86x31.26x
NII (times)54.21x14.83x
Big NII (times)55.27x16.28x
Small NII (times)52.11x11.92x
RII (times)14.37x3.82x
Employee (times)11.84x
Other (times)
Total (times)62.76x14.01x

Compare with others

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Bansal Wire Industries IPO Vs Ceigall India IPO